AB1 0.00% 18.0¢ abarta resources limited

Yup, they certainly reported cash flow positive: ASX Release 31...

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    Yup, they certainly reported cash flow positive:

    ASX Release
    31 July 2018 2017
    Animoca Brands 2Q18 Update: Positive Operating Cash Flow Continues with Record Cash Receipts
    Animoca Brands Corporation Limited (ASX:AB1) (“the Company” today released its Appendix 4C for the three-month period from 1 April 2018 to 30 June 2018 (2Q18 or “the Quarter”.
    Key points
    ● The Company recognised record cash receipts of $3.6 million for the quarter
    ● Record unaudited revenues of approximately $8.2 million for the quarter, including one-off items
    ● Positive operating cash flow of $0.26 million received during the quarter
    ● The Board of Directors is strengthened by the addition of Holly Liu and Chris Whiteman, as well as Wilhelm Taht joining as a strategic advisor
    ● The Company announces a global licensing deal with the Coolabi Group to develop a mobile game based upon the hit children’s fantasy novel franchise Beast Quest
    ● Animoca Brands partners with Red Robot KK to develop, market, and operate a gamified cryptocurrency wallet app
    ● Proposal by the Company is awarded a grant by a Hong Kong government fund to develop an AI-based exercise app
    ● Post the quarter, Animoca Brands raised $4.5 million in a heavily oversubscribed placement to strategic investors and signed a landmark deal with HTC Corporation, a global leader in the innovation and design of smartphones, connected devices, and virtual reality


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