AB1 abarta resources limited

Ann: Appendix 4C Quarterly - Correction, page-4

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    Animoca Brands delivers strongest year on record; continues to grow revenues

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    08:11 01 Feb 2019
    Total net cash inflow from operating activities for the quarter was positive, representing the fourth consecutive cash flow positive quarter.
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    Animoca ended the year with $10.9 million in cash
    Animoca Brands Corporation Ltd (ASX:AB1) has capped off a year of record results with its continued strong performance in Q4 2018.
    The company generated an unaudited revenue of $4.59 million during Q4 2018, representing an increase of 188% on the same period of 2017 and bringing the total, unaudited revenue for the year to $14.88 million.
    Cash receipts for Q4 2018 totalled $6.89 million, up 637% on the same period last year. Animoca ended the quarter with $10.9 million in cash and cash equivalents.
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    Notably, total net cash inflow from operating activities for the quarter was positive, representing the fourth consecutive quarter in which the company has been cash flow positive.
    The continued performance of the core gaming business, led by titles like Crazy Kings and Crazy Defense Heroes, as well as the portfolio of branded games, drove revenue and cash flow during the quarter.
    Well positioned for further growth

    A series of strategic investments and partnerships in the area of blockchain games has positioned Animoca to be a global leader in this burgeoning new sector.
    Animoca acquired a majority stake in Zeroth for $1.5 million, providing the company with direct access to market intelligence and open innovation including partnerships with Softbank’s Deepcore and Sun Hung Kai Financial.

    Subsequent to the end of the quarter, Zeroth has started its fourth cohort which comprises of 30 new AI (artificial intelligence) and blockchain related start-ups from across the world.
    Following on a series of major strategic investment partnerships in the areas of blockchain gaming with prominent blockchain companies (including Decentraland and Mindfund) and major gaming companies like Atari and iClick in China, Animoca is poised for continued growth.
    READ: Animoca Brands partners with video game pioneer Atari

    Animoca is confident that through the commencement of sales of non-fungible tokens (NFTs), revenue generation from the iClick agreement, the launch of Crazy Defence Heroes on Android, and multiple pending licensing agreements; the company will considerably bolster its revenue profile in coming months.
    Furthermore, the additional capital raised around the iClick partnership has enhanced Animoca’s cash position on top of a record fourth consecutive quarter of positive cash flow generated.
    READ: Animoca Brands Corporation's deals with iClick and Atari bode well for revenues

    Post the quarter, the company has continued to consolidate its leadership in the area of blockchain gaming with a partnership with WAX Blockchain, the world’s first and largest purpose-built global blockchain e-commerce platform for trading virtual items.
    Animoca expects to continue to execute on its mission in 2019 with a continued emphasis on Blockchain, AI and brands with its specific focus on games.



    That CY was all organic growth...Staggering numbers really...No surprises to long term holders here..

    This CY...Revenue growth is going to be substantial...Iclick, CDH, Sandbox...And whatever annoucements are to come..

    We didnt raise 6m at a premium a few months ago...to a few smart strategic investors...for nothing...

    My detective skills suggest there might be a bit more to come....
 
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