Yeah quite likely Animoca’s current stake is worth in the B. I...

First 232 Last

Share
Profile

Follow
Mom88

1,597 Posts.

386

25/07/21

15:07

Post #: 54756188
Share

Originally posted by crem: ↑

In April, Axie did about $670k in revenue.

In May, it did $3.0 million.

In June, $12.2 million.
In July, just 18 days into the month, it’s already at $79 million.
Delphi Digital projects that it will close this month at $153 million.

The growth probably can't continue at the rate it has indefinitely. Current run rate for venue is just under 2bn. However, likely to be on for far more than that in a couple of months. I thought it was hyperbole but it could legitimately be one of the highest earning games in the world in a few months - it's not even on Google play or Apple store yet. It's still in early early stages.

What revenue multiple do you apply when it's quadrupling each month? 20x? If so this game's worth north of 50bn already. Make the multiple 10x and our stake 2% and our share is worth what 0.4bn?

Our 2-5% stake is already worth north of a billion imo.

Expand

Yeah quite likely Animoca’s current stake is worth in the B.
I think they will also own a billion in sand assets the way it’s going. Revv, Tower, GMEE, Lym and LMT all going nuts too.
Bring on the next raise at $5+ Imo

AB1 Price at posting: 18.0¢ Sentiment: Buy Disclosure: Held
8 Upvote

0 Great analysis

Reply

Top Stories

Thursday's HotCopper trends: Paradigm's drug IP buy, MTM placement | June 26

'Not possible' to port renewable gas: ACCC takes AGN to court

BPH

Australia’s gas crisis is here – and dying coal plants aren’t helping

Listen: HotCopper Wire Podcast 015 – Yeah, we're thinking the IPO market is back

ASX Market Close: Index creeps lower as half-year mark approaches | June 26

First 232 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Yeah quite likely Animoca’s current stake is worth in the B. I...

Top Stories

Thursday's HotCopper trends: Paradigm's drug IP buy, MTM placement | June 26

'Not possible' to port renewable gas: ACCC takes AGN to court

Australia’s gas crisis is here – and dying coal plants aren’t helping

Listen: HotCopper Wire Podcast 015 – Yeah, we're thinking the IPO market is back

ASX Market Close: Index creeps lower as half-year mark approaches | June 26

Featured News