The Appendix 4E (Preliminary Final Report "PFR") lodged with the ASX yesterday is in compliance with the ASX Listing Rule.
It is not as comprehensive as the Annual Report (or the Audited Financial Statements) due to be released later on.
Note 2 on page 14 of the PFR states: "This report is based on financial statements that are in the process of being audited".
Speculation of factors leading to the NPAT of $4.2m is not helped by the lack of a lot of information that will hopefully come out in the
Annual Report which also contains the statement on outlook, geographic operation etc... Likewise the non-disclosure of the basis of deferring revenue (so inordinately discussed) or the prepayment of expenses is not revealed or disclosed in the PFR.
Accordingly, it is hard to make an informed decision about BIG shares at this point when one does not yet have the complete picture.
Please DYOR.
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