This fast-growing ASX company is cash flow positive and a significant player in $100bindustry.
Can you identify this ASX-listed company? * A global Top 50 Developer in the $100 billion mobile game market * An innovator in the $40 billion mobile fitness & wellness market * A leader in the blockchain industry, expected to be worth $33 billion by 2023 * Owner and operator of the world’s first A.I. accelerator, with investments in about 60 dynamic new startups * Cash flow positive for the last 4 quarters * Generated $17.5 million total revenue in 2018 * Has no debt Its management includes senior veterans from Microsoft (Xbox project), Rovio (Angry Birds), Kabam(Marvel’s Contest of Champions), Dapper Labs (CryptoKitties), and Mozilla * Its shareholders include the legendary game brand Atari, Sun Hung Kai (one of the leading globalinvestment firms), Katherine Yip (billionaire and co-founder of Pacific Alliance Group), Moses Tsang(founder of AP Capital and founding chairman of Goldman Sachs Asia Pacific), Sonny Vu (founder of Misfit),and leading venture capital company Mind Fund (whose notable investments include Bytedance, valued at$75 billion and one of the most valuable startups in the world) * Its partners include famous names like Tencent, Softbank, DreamWorks, Mattel, HTC, OurPalm,LionsGate, Xiaomi, and Hedera Hashgraph (which recently raised US$120 million at a valuation of US$6billion)
… and best of all this mystery company has a market cap of only about $70 million!
Give up?
The company is Animoca Brands (ASX:AB1) and it probably won’t be relatively unknown for much longer.
