Share
1,266 Posts.
lightbulb Created with Sketch. 240
clock Created with Sketch.
30/09/20
12:29
Share
Originally posted by Grinder57:
↑
From July 2020 Company press release! $6 million cash $ 1.1 million Bitcoin & Eth $ 1.6 million Cryptocurrencies (probably value of all the digital coins you listed ) Seems like the Cryptocurrencies has a pretty strong valuation today... In the first 4 months of the year ended 30 April the Company recognised unaudited revenue of A$10.5 million; A$6.2 million of this was recognised in the first quarter of 2020 (a record quarter and an increase of 44% over the same quarter last year) followed by another record A$4.3 million in unaudited revenues during the month of April alone, which led to approximately A$380,000 in unaudited EBITDA in April. The Company’s cash and cryptocurrencies on hand as of the end of April amounted to A$8.7 million, which includes A$1.1 million in Bitcoin (BTC) and Ether (ETH), A$1.6 million in other cryptocurrencies, and A$6 million in cash. The significant increase in BTC and ETH holdings came from growth in the Company’s blockchain gaming activities, which involved various sales of non-fungible tokens (NFTs) including LAND for The Sandbox, racecar and crate sales for F1® Delta Time, and collectible hero cards for Crazy Defense Heroes.
Expand
A lot of action today with FFG and ICI. Both went in trading halts today and both had good sp runs lately. AB1 owns part of ICI and has done deals with FFG lately. Very interesting times indeed. If there is a takeover between FFG and ICI, it should play out positively for AB1. This would add more fuel to the fire when we list next year. xxxooo