Quarterly

These are a good set of numbers which exceeded my expectations for this quarter.

I particularly like the solid revenue despite the period being described as 'a quieter period for iCandy'.

ICandy's revenue has historically been lumpy, however over the last 18 months, it looks like the quarterly mean for revenue is increasing. The more recent performance is potentially as a result of the capacity to directly market to an extra 325 million warm-lead gamers from the Animoca portfolio.

This solid underlying performance, combined with the prospects of strategic partnerships with ESports & Animoca (both of whom bought-in at a premium to the current SP), bodes well for future returns.

All in my humble opinion.

Cheers