AB1 abarta resources limited

Software developers generally run on very high gross profit...

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    Software developers generally run on very high gross profit margins...

    If I were to remember, Microsoft was averaging between 60-70%gross profit range.
    So if Animoca can eventually generate $1 million per month in revenue from the Sandbox, I would guess after paying F1 their licensing fee they could easily be in this similar gp range !

    So on $1 million per month could create 600-700k in gp. Not sure how to pin down their monthly Pre tax profit number based on this estimate , but when this one time heavy non recurring expenses (exchange issue, new game development costs, integration of new acquisitions, etc..) begin to dissipate over time then they will begin to drop potentially heavy numbers to the bottom line if their games prove to be successful!

    Looks like another 8,000 plus LAND parcels going on sale in the first couple of days of March accompanied by a release of additional Commercial partners inside The Sandbox!
    Also waiting for 100% confirmation on the additional $3 million invested in The Sandbox to be announced.

    I also believe there will be potentially a need to raise or establish a credit facility since operating cost are much higher going into Q1 of 2020.

    A ton on work still in front of the Company, even if they are able to settle with the exchange and get that very expensive monkey off their back! What a drain of resources...

    The ONE silver lining is that the Company should have all of their proverbial Ducks in a row now on their accounting processes to hopefully avoid any future delays in their trading future !


    all of the above my personal opinion without basis

 
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