Proactive Investors - Run By Investors For Investors

Animoca Brands to expand successful mobile game to Android devices

The Google Play Store is Android’s version of the Apple App Store.
Google Play icon
Android accounts for 74.5% of the global mobile market

Animoca Brands Corporation Ltd (ASX:AB1) is on track to launch mobile game Crazy Defense Heroes in the Google Play Store later this year.

Crazy Defense Heroes is the sequel to Crazy Kings, both games achieving success generating $2.8 million in revenue in the first three months since the January 2018 launch.

Crazy Defense Heroes has continued to generate strong revenues following a phased iOS (Apple) release in 2018; the iOS version of the game is now available globally.

Android devices account for 74.5% of global market

Crazy Defense Heroes is now featured worldwide on Google Play’s Early Access platform, in preparation of the full commercial launch campaign to occur after the Early Access period.

Global release on Android is expected to be a significant revenue catalyst given Android accounts for 74.5% of the mobile operating system global market.

Animoca is also pursuing additional distribution agreements, marquee branding opportunities and adaptations of the game to drive revenue growth.

READ: Animoca Brands delivers strongest year on record; continues to grow revenues

Animoca recently reported a strong December quarter with unaudited revenue of $4.59 million representing an increase of 188% on the same period of 2017.

The continued performance of the core gaming business, led by titles like Crazy Kings and Crazy Defense Heroes, as well as the portfolio of branded games, drove revenue and cash flow during the quarter.

A series of strategic investments and partnerships in the area of blockchain games has positioned Animoca to be a global leader in this burgeoning new sector.

View full AB1 profile View Profile

Animoca Brands Corporation Ltd Timeline

Related Articles

abstract technology
February 26 2019
The global provider of technology solutions to the cannabis sector has a footprint in California, but has global intentions
electric vehicle charging
January 04 2019
AMP wants to add 25 sites in Greater London and extend its reach into the North-West around Liverpool and Manchester
N-P-K, nitrogen-phosphorus-potassium acronym image
April 02 2019
The Australian company will host a Q&A call for investors this Thursday at 10.30am eastern time.

© Proactive Investors 2019

Proactive Investors Australia PTY LTD ACN:132787654 ABN:19132787654.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use