First Global Data Limited announced that it will be unable to file by April 30, 2018 its annual audited consolidated financial statements and Management Discussion & Analysis ("MD&A") for the company's financial year ended December 31, 2017 ("2017 Financial Disclosure"), as required by National Instrument 51-102 – Continuous Disclosure Obligations and the related CEO and CFO certifications (the "Certifications") required pursuant to National Instrument 52-109 – Certification of Disclosure in Issuer's Annual and Interim Filings. The delay is due to a revenue recognition issue that was first press released by the Company on April 17, 2018. The process for addressing such issue will include working with existing licensees to amend license agreements, where possible, to address revenue recognition concerns. The Company will also be changing from its current auditor to a national audit firm. The entire process will require the Company additional time to work with both existing licensees as well as the new auditor in order to complete the audited consolidated financial statements. The company anticipates having its 2017 Financial Disclosure as soon as possible and anticipates, in any event, filing such by the end of June, 2018.