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2.0¢ icandy interactive limited

Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-61

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crazydave1942

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29/10/21

23:49

Post #: 57196766
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Originally posted by Surandy70: ↑

FFS! All the death riders following the release of this quarterly.

Do you understand that the quarterly is around cashflow, not actual revenue?

CS was only released on 30/6/2021 so the amount of cash receipts as stated in this quarterly would depend on the payment terms. What if, for example, that the revenue earned is calculated on the 15th of the month following the month the revenue relates to, ie earnings from July is only calculated 15th of August and then paid on 30 day terms, ie 15th of September? If this was the case then it's plausible that the quarterly might have only included one months revenue from CS. Not saying that is the case, just saying that revenue may be higher than the quarterly suggests. Note also revenue is from subscriptions, in game purchases plus ads each of which would likely have different terms so again, this quarterly likely is not indicative of the actual earnings from CS.

Also, don't forget we have two more games to come in the next few months which will add even more revenue.

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Three games

Joyseed early next yr
Nextgamer

and the big one

Skycandy looking forward to this.

ICI Price at posting: 9.4¢ Sentiment: Hold Disclosure: Held
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