BIG 0.00% $2.22 big un limited

Heh, some pigs getting slaughtered right now ... don't know how...

  1. 13,155 Posts.
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    Heh, some pigs getting slaughtered right now ... don't know how to value their stock correctly.

    Flipping brilliant result. At a cursory glance here is my take ...

    - incredible revenue growth, I had cal'd about 21.5 mill so that was spot on
    - net loss almost HALF of last year, based on that trajectory it is reasonable to be confident that this FY will yield the first net rev
    - heavy costs associated with ramping up manpower, overseas presence and equipment have been borne this FY reported, I would expect that costs decrease
    - indeed gross margin on product now positive 27% odd, was -33% last year - the stepping stone of positive cash flow but very important to see that metric
    - 13m liabilities includes 9m of DEFERRED REVENUE .... boo ya, that's basically money in the bank as their bad debtor rate seems excellent
    - MUCH stronger bottom line, assets (minus intangibles and investments in other black box shit) is almost $13m, liabilities minus their non-revenue liabilities of about 4.5m is a strong balance of almost 8.5m
    - THE most important metric, customer growth of 241% .... stocks of this nature live and die by this

    Bloody great stuff, grats to the BIG team and to all backers. Hold em tight and onwards and upwards!!!
 
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