Great result. The stand-out for me is the fact that the Sales Revenue for H1 FY22 is 87% of the the very respectable Sales Revenue achieved for the Full Year 2022. Remember this Company only listed just more than 1 year ago.
Considering the 'quality' pipeline of WFH work, the Revenue associated with new IP releases and the already banked $7.8 m of Revenue received via the Beans launch, the Company is set to report a FY22 result which should be 150+ % higher than FY21. Everything seems to be on track with 'Age of Darkness' and this should become the big moneyspinner for several years to come.
Becoming profitable is now a certainty (no if's and but's) and the State tax incentives for Australian Gaming Companies should yield a very strong trajectory on NPAT. Only 400 m shares on issue, so EPS will quickly get the market's attention.
Good times ahead.
Rokewa
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