- Mobile gaming developers iCandy (ICI) has reported its highest cash receipts ever from one quarter
- The company saw its cash receipts jump 274 per cent to $1.3 million from $475,000 in the prior quarter
- Notably, the cash receipts in the December quarter alone is also 18 per cent higher than the cash receipts of the combined first three quarters of 2020
- iCandy says the huge growth was from the launch of its highly anticipated new game Masketeers: Idle Has Fallen
- The company had nearly $12 million in cash and cash equivalents at the end of the December quarter
- On the market today, iCandy is up 1.92 per cent and trading at 13.3 cents per share
