LEAF Mobile (LEAF:TSXV) is the newly listed mobile gaming operator that is on pace to more than triple their revenues this year.
They just announced this week that April revenue was $2.97 million. That’s a $35 million annualized run rate! All of 2018 revenue was just $2.23 million! In the first nine months of 2019 LEAF did $5.04 million.
The business did as much in its last month–April 2020–as it did all year in 2018. And April 2020 = more than HALF of 2019 revenue. That’s the kind of growth I LOVE to see in the juniors where I own stock.
And speaking with CEO Darcy Taylor, he says their lead game–Bud Farm Idle Tycoon (BFIT)–is already showing positive cash flow. BFIT is over 90% of company-wide revenue.
But the business model is set for this company to grow A LOT more—and quickly. Their brand new game, Cheech & Chong Bud Farm, launched April 20th and generated $10,000 per day average until the end of the month.
