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Market Update
Publication info: ABN Newswire ; Sydney [Sydney]07 Sep 2017.
ABSTRACT (ENGLISH)
Sydney, Australia (ABN Newswire) - Big Un Limited (ASX:BIG) is pleased to announce market guidance for Q1 FY18
following a continued strong start to the new financial year. Based upon the ongoing excellent performance from
the BIG sales and production teams in August, BIG expects to achieve global cash receipts from customers in
excess of $14m for Q1. BIG will continue to maintain cashflow positive.
FULL TEXT
Sydney, Australia (ABN Newswire) - Big Un Limited (ASX:BIG) (or 'the Company') is pleased to announce market
guidance for Q1 FY18 following a continued strong start to the new financial year. Based upon the ongoing
excellent performance from the BIG sales and production teams in August, BIG expects to achieve global cash
receipts from customers in excess of $14m for Q1 (an increase of 449% from Q1 FY17 and a material increase of
12% on previous guidance). BIG will continue to maintain cashflow positive. Outlook Positive start to FY18
Commenting on the guidance, CEO Richard Evetz says, "We are continuing to experience strong demand for our
video licensing products both domestically and internationally and anticipate that this trend will continue. The
executive team are fully focused on delivering a balanced approach to expansion and cost management whilst
capitalizing on market opportunity and maintaining shareholder value." To view figures, please
visit:http://abnnewswire.net/lnk/81F6MO57
About Big Un Ltd:BIG (ASX:BIG) is the parent company of Big Review TV Ltd. Big Review TV are innovative
disruptors in the online video space delivering subscription based video technology products and services. The
Company has operations across Australia and in New Zealand, the United Kingdom and the United States, Hong
Kong, Singapore and Vancouver and was listed on the ASX in December 2014.
Source:Big Un Ltd
Contact:
Sonia Thurston
E: ir@bigunlimited.com.au
DETAILS
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