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iCandy Interactive Ltd ( (AU:ICI) ) just unveiled an update.
iCandy Interactive Ltd reported a 105% increase in net cash flow for the quarter ending December 31, 2024, despite a decrease in cash receipts by 22%. The company strategically expanded its North American presence through Lemon Sky Studios and launched successful games like Snaky Cat and CryptantCrab Prime. Legal proceedings were initiated against former executives of Lemon Sky Studios for breaches of fiduciary duties. These developments underscore iCandy’s focus on sustainable growth and innovation in the gaming industry.
More about iCandy Interactive Ltd
iCandy Interactive Ltd is a company in the gaming industry, known for developing mobile and Web3 games. It operates through subsidiaries such as Lemon Sky Studios and Appxplore, focusing on innovative game development and expansion in North American markets. Additionally, iCandy is involved in blockchain technology with its zkCandy Layer 2 chain.
YTD Price Performance: 0.0%
Average Trading Volume: 667,500
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$25.61M
For a thorough assessment of ICI stock, go to TipRanks’ Stock Analysis page.
