ICI 3.33% 3.1¢ icandy interactive limited

list of key links to iCandy Group related projects, websites, socials, people etc, page-355

  1. 1,914 Posts.
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    it's clear to me we're heading towards "golden goose" status; here's a quick summary why:

    LSS's revenue has grown +100% post acquisition & the Group reported $228k net profit for 1H, despite paying $2.25m in one-off acquisition costs & $964k in taxes.

    https://hotcopper.com.au/data/attachments/4990/4990279-eb5b5981d198e42c0ea7e098c5ddf683.jpg

    growth continued to accelerate from 1H's $15.69m revenue into 2H with Q3's revenue a record $8.98m & an additional $640k was paid in taxes, yet we were still operationally net cash positive $455k with $21.6m cash in the kitty as of last quarter, despite not launching a single game:

    https://hotcopper.com.au/data/attachments/4990/4990282-68961e250e735b23878882b7de9d1ef6.jpg

    anyone calling the above results "doggy" is insane in the membrane; am i right @crazydave1942

    extrapolating those impressive results, which occurred during a tumultuous period, & considering the fact that the company is currently investing an estimated $1.5m/quarter into developing a broad spectrum of new games/projects that should gradually release from this quarter onwards:
    the Group has a solid base & is well positioned to knock the lights out in 2023 & beyond; so i'm very happy to continue buying because i'm anticipating +100% gains this year back to +12¢, based on the above fundamentals & our pipeline
    Last edited by FingerLicking: 23/01/23
 
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