Ann: Half Yearly Report and Accounts, page-13

the outlook suggests back to a positive trajectory & i believe it:

"Looking ahead, iCandy will continue to exercise a cautious yet unwavering approach towards the development of its Web3 games. Due to the current near-term market challenges and complexities, iCandy has held back several of its Web3 project launches. Nevertheless, iCandy remains steadfast in its pursuit of establishing itself as a premier global Web3 game studio and aims to launch its Web3 project at a more opportune time. Separately, iCandy’s Game Services arm, primarily undertaken by Lemon Sky Studios, continues to see strong demand, with recorded revenue improving slightly by approximately 3.4% from A$7.1 million to A$7.3 million. A moderation in revenue was recorded in Animation Services, largely attributed to a change in creative direction undertaken for some of Lemon Sky Studio’s major animation projects at the clients’ behest. This has caused substantial production delays and an associated slowdown in billings. Nevertheless, the revised creative direction of the said animation projects have since received formal endorsement and have entered full scale production. With this, we are confident that the financial performance of our Animation Services will regain its positive trajectory in the forthcoming quarters."