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
Those automated sites suck (IMHO)
Cheers
*Nothing I post should be construed as advice in any way*
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