Ann: Revenue Growth of 1600% and EBITDA positive for first time, page-288

First 288 Last

Share
Profile

Follow
bakerrrrrr

1,452 Posts.

243

28/10/22

19:34

Post #: 64466704
Share

Originally posted by huntfish: ↑

Just wasn't sure what you had meant by 'their market cap was below ours'
PLY market cap at present - $235m approx
ICI market cap at present - $95m approx
And I am hoping this quarterly will make us finally look like the dominant gaming co of SEA
ICI you could almost say has been basing now since listing, never quite seeming to be able to break the 20c point ever and holding
After the last raise and the acquisitions to get LS back door listed, I think we will finally do just that
And the iCandy group that has now been created full of companies/partnerships and investments looks to be substantial enough to not only break through that 20c barrier ($240m MC), but go well beyond and be justified at staying there
And as games begin getting released and more bottom line growth begins to explode, I believe this stock as someone has referred to it could easily become an ASX darling through the next positive cycle of the markets...or sooner
Even in the down times and years, there are still those companies that keep growing and buck the current cycle
ICI have positioned themselves well to be one of the few!

Expand

Totally agree. Its the 10x Revenue multiplier that the market just hasn't accepted yet. This is for tech start ups that the market accepts are fully up and away with performance and profit (or clear, short term path to). Really hoping this quarterly makes ICI shine in the eyes of the market and someday achieve that darling status (which I actually think is not out of the question with the likes of APT disappearing and leaving a bit of a vacuum in the tech space).

ICI Price at posting: 7.9¢ Sentiment: Hold Disclosure: Held
4 Upvote

0 Great analysis

Reply

Top Stories

MM1

Geochemical work at Newington picks up gold and copper anomalies for Midas

TRP

Tissue Repairs soars nearly 32% on TGA approval for wound healing gel

BGL

Bellevue aims for 45% production increase by FY 2028, announces $150M placement

Capital raisings wrap: Brainchip, Ovanti, Lake and VHM

ASX Market Open: ASX200 to rise for Friday session | July 26