So the current SP is now back lower than it was prior to their Q1 FY18 guidance on August 10 (that news pushed it up to $1.73).
Only have to read back over that and see the trajectory of cash receipts to realise this is going to be an exciting ride.
Enjoyed this comment "our early sales activity in the US is yielding excellent results, well ahead of our initial expectations."
A huge addressable market that we have only just began scratching the surface of.
At the current rate we'll bypass our FY17 revenue before the end of H1 Fy18, will be in a strong cash flow position and all this back and forth talk of deferred revenue will seem quite insignificant.
However they decide to do their bookeeping, fact is they are expecting cash receipts in excess of 12.5m for Q1. Even if you are cautious in your growth predictions, what could FY2018 revenue end up at?!?!
The current price is simply a bargain.
Compare with GSW..another tech company that has exploded in price over the past 12 months ($1.16 atm). They just reported $330,000 in FY revenue...and BIG just reported 12.5m expected for Q1 FY18.
- Forums
- ASX - By Stock
- BIG
- News: BIG Big Un says FY revenue from ordinary activities $14 million
News: BIG Big Un says FY revenue from ordinary activities $14 million, page-281
-
- There are more pages in this discussion • 30 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)