The Big Un Ltd (ASX: BIG) share price is up 4% at $3.90 today after the online video production group posted a positive trading update for the quarter ending December 31 2017.
Big Un now expects to receive cash receipts from customers of more than $22 million for the current quarter, which would represent growth of 447% over the corresponding quarter ending December 31, 2016. The new forecast also represents a 10% lift over prior guidance and the stock hit a high of $4.09 today on the news.
Big Un's CEO commented: "October and November were record months for BIG with our US sales on boards matching Australian sales on boards. We are now planning to further increase the size of our sales teams both in Australia and the US during the next quarter to fully leverage these outstanding market opportunities."
Big Review TV is the brand behind the company and its success has sent the stock nearly 2,000% higher over just the past year. As such it deserves a place at the top of small-cap investors' watch lit
