list of key links to iCandy Group related projects, websites, socials, people etc, page-930

i'll take that bet too; actually, i already have by putting my money where my mouth is & DCA'ing, because the preliminary report showed ICI had $31.5m revenue & $500k profit before tax last year & the company still has $17m cash;

this year revenue should grow considerably because LSS contributed only 11 months to last year's total revenue (date of control was 31 January 2022), & r company grew headcount 10-15% in H2;



therefore just those two considerations alone (11 months revenue from our Golden Goose that has increased output at least 10-15%), should be an additional $3m+ this FY; also the preliminary report stated that last year's profit after tax would have been $1.5m excluding the LSS acquisition costs; therefore, everything else being equal, this FY should result in a MINIMUM of $2.5m+ profit after tax:



add expected revenue from upcoming NFT sales & new games (there should be alphas of at least MG & potentially AnotherVerse, Star Life & QA too), plus additional revenue from Froyo/GameBox, Kyo & hopefully one or two other casual games (Knights of Fortune & Froyo's Unnamed Game): i expect revenue this FY to be a MINIMUM of $40m-$45m with a resultant NPAT of $3m-$5m:



using a VERY conservative P/E of 25, forecasted MC this time next should easily be $75m-$100m+

current MC is $60m & EV = $43m

i expect at least a 50% upside & am backing the truck up in typical HC ramper fashion. that is the way