Im just having a read through some of these old posts. Just to let you know, BIG did start a similar way, I was with them from about 25c, and still on it.
But their annual report showing 14mil was a bit confusing. Their sales was actually over $20mil, but for accounting purposes is spread over a 12mth period, so some of it didnt fall in the financial year. Similarly, their loss was confusing, and in fact they are well and truly cash flow positive. Just last qtr their cash flow was over 10mil positive, with a revenue of 22.5mil in a single qtr. But 2 years ago their qtrly revenue was around 250k, so you can see the speed of growth, hence their large valuation. From CRO's forecast, the growth seems even quicker, so if the stars are aligned we could have another similar (if not better) run here!
CRO Price at posting:
7.0¢ Sentiment: Buy Disclosure: Held
