News and Announcements
Activation of Further Revenue Streams Contributing to Ongoing Revenue Growth from Big Un Limited
- Published February 01, 2016 12:40PM UTC
- Publisher Wholesale Investor
- Categories Company Updates
1st February 2016, ASX Announcement
Highlights:
- Revenue continued to outperform expectations, with $650,405 achieved in the December 2015 quarter, a 60% increase on the prior September 2015 quarter ($405,582)
- The increase represents another period of strong growth with encouraging contributions from new revenue streams including licensing and sponsorship partnerships
- Strong SME membership pipeline with over 14,000 merchants
- Further sales distribution licenses and sponsorship opportunities expected to drive growth of additional revenue streams in the March quarter
Big Un Limited (ASX: BIG, ‘BRTV’ or ‘the Company’ is pleased to provide a review of its activities for the three month period, ended 31 December 2015.
Corporate
Expectations Exceeded with Continued Robust Revenue Growth
Strong revenue growth continued for the quarter ended 31 December 2015, with cash receipts of $650,405, representing 60% growth on the prior September quarter ($406,582 September 2015 quarter) and outperforming expectations. The Company previously guided the market towards cash receipts of $600,000 during the December quarter (announced on 25 November 2015).
To read the full announcement, please click here.
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