News and Announcements
BIG Un Ltd See Strong June Quarter Revenues; Up 20% on Guidance and 53% on Prior Quarter
- Published July 12, 2016 11:13AM UTC
- Publisher Wholesale Investor
- Categories Company Updates
12th July 2016, ASX Announcement
Highlights:
- Revenue growth accelerated towards end of the June quarter with cash receipts exceeding $1.8m
- Result 20% ahead of market guidance provided on 15 June 2016
- Growth was very strong at 53% on the prior and 676% on the previous corresponding period last year
- Key drivers behind this result were a combination of strong customer acquisition and an increase in revenue per customer, which is now above $1,200 across enterprise and SME customers
- Outlook for the September 2016 quarter is very encouraging with a strong pipeline and significant carry over increase in recurring revenues
- Continued rapid market penetration combined with major product enhancements underway positions the company to emerge as the dominant video marketing platform for SMEs
Big Un Limited (ASX: BIG, ‘BRTV’ or ‘the Company’) is pleased to provide a review of its activities for the three-month period, ended 30 June 2016.
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