News and Announcements
BIG Un Ltd Continue Strong Growth with $1m in Cash Receipts
- Published June 15, 2016 1:34PM UTC
- Publisher Wholesale Investor
- Categories Company Updates
15th June 2016, ASX Announcement
Highlights
- Strong growth has continued in the current June quarter with $1 million in cash receipts expected from sales achieved during the two months to the end of May
- Cash receipts from customers are expected to increase by at least 27% on the March quarter reaching a minimum of $1.5 million for the June quarter representing an annualised run rate of in excess of $6 million
- Cash receipts from customers expected to exceed $3.7 million for the Financial Year 15/16
- Ongoing growth demonstrates the high level of demand for the product and the success of sales initiatives
- Growth expected to continue into the September quarter as the Company continues to invest in its technology and global growth strategy
Big Un Limited (ASX: BIG, ‘BRTV’ or ‘the Company’) today provides an update on trading performance for the current June quarter.
The Company is pleased to report it has continued strong growth in the June quarter with $1 million in cash receipts expected from sales achieved during the two months to the end of May 2016.
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