Fatfish Group Ltd. (AU:FFG) has released an update.
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Fatfish Group Ltd. has reported decreased quarterly cash receipts of A$0.58 million, but increased operational efficiency, with operating expenses dropping to 67% of cash receipts. The company launched its social gaming platform, ‘hibur.io’, and acquired up to 51% of AI game developer AIGC, which already has a successful AI-powered game ‘Tatarot’ with over 200,000 users and generated approximately SGD 250,000 in revenue.
For further insights into AU:FFG stock, check out TipRanks’ Stock Analysis page.
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