iCandy Interactive Ltd (AU:ICI) has released an update.
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iCandy Interactive Ltd reports a solid financial performance in the second quarter of 2024, with a 9% increase in cash receipts over the previous quarter and a 53% increase over the first half of the year. The company credits its success to the improving Web3.0 market, strategic cost optimization, and involvement in high-profile projects, including Marvel Studios’ ‘What If?’ and Disney’s ‘Big City Greens the Movie: Spacecation’. Additionally, iCandy’s Lemon Sky Studios contributed to several award-nominated projects, and they are preparing to launch the mainnet for their zkCandy Layer 2 blockchain project.
For further insights into AU:ICI stock, check out TipRanks’ Stock Analysis page.