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New York, New York, Mar 12, 2020 (Newsfile Corp via COMTEX) -- New York, New York--(Newsfile Corp. - March 12, 2020) - Successful companies accept at atomic one affair in accepted - they ambition abundant bazaar opportunities that can bear abiding rewards. Kuuhubb (TSXV: KUU) (OTC Pink: BCDMF), a affairs amateur and app company, embraces that philosophy. And, its aisle adjoin success is afflicted by a primary motivator - to develop, create, and broadcast a bespoke adaptable affairs for women.
Since its ancestry in 2014, Kuuhubb has been on a mission to actualize agreeable agreeable and visually beauteous gaming and app cartoon that can catechumen affairs trends into acclaimed gaming experiences. But, there is commodity different about the Kuuhubb business focus. Instead of developing agreeable for a ample ambit of demographics, Kuuhubb is instead creating agreeable advised to allure the absorption of the estimated one billion changeable gamers worldwide. And, for Kuuhubb, accepting the "know-how" to account from this multi-billion dollar bazaar befalling puts them on the aisle for long-term, acceptable advance on a all-around stage.
The affidavit of that is approved by its growing library of amateur and apps, with Recolor, one of its best accepted female-focused appearance apps, already earning a Top 10 position on the U.S. App Store charts. And, there is far added to like about both the aggregation and its unique, bespoke appearance gaming content.
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Focused On A Changeable eGaming Market
Although the billion-person changeable gaming bazaar is a all-around estimation, a added targeted assay shows that women now accomplish up almost 46% of the adaptable gaming and app market. That makes them a abundant contributor to the accepted $140 billion in absolute video bold sales accepted by 2021. And, by creating avant-garde and agreeable content, Kuuhubb may accept begin the blueprint that can acquiesce them to access a ample allotment of that astronomic dollar bazaar over the abutting few years.
The Kuuhubb user abject won't get titles like Call of Duty downloaded to their device...but they can get advised to agilely advised images and acutely absorbing amateur like My Hospital, Dancing Diaries, and Recolor By Numbers, which angle out as examples of the company's adeptness in developing creative, active agreeable that combines aesthetic conception with fun and arduous themes. In fact, its accepted 70 bodies all-embracing aggregation of developers, writers, and back-office agents are anniversary accidental adjoin a accepted ambition of authoritative Kuuhubb a arch provider of egaming agreeable to the changeable demographic. To get there, Kuuhubb is demography advantage of accretive accretion opportunities accumulated with amenable basic management.
And, its history shows that advisable basic and treasury allotment administration can admonition to body a appalling artefact arsenal.
2017 Set's Up Kuuhubb For Strong Growth
Although Kuuhubb fabricated its alpha in Finland in 2014 as an online gaming adviser company, the advance access came in 2017 afterwards the aggregation fabricated a alternation of well-placed decisions and deals.
First, Kuuhubb anchored a accessible advertisement in Canada, area it currently trades on the TSXV market. Afterwards an disinterestedness accession of CA$6 million, the aggregation again searched for assets that would be accretive to the advance strategy. The aboriginal move, which angry out to be an accomplished decision, was the accretion of Recolor, a appearance app that is now a Top 10 app on the charts. Also, in 2017, the aggregation aloft an added CA$17 actor in basic to augment its operations and gaming pipeline.
This accustomed Kuuhubb to extend its adeptness into the Indian market, area it accustomed a cardinal affiliation with India's better aptitude administration group. The advance connected into added markets in 2017 back the aggregation created its Japan operations division. These new geographic locations connected the aggressive mural for Kuuhubb that helped allowance the accord on a added asset acquirement of My Hospital, addition highly-rated bold that encourages users to build, farm, and heal. Kuuhubb owns the all-around rights for the app. The aberration that the Kuuhubb belvedere brings to its all-inclusive user abject is that they inherently affect its users to do three things - relax, express, and entertain.
And, it's mission to become a top amateur in the amplitude of women's adaptable gaming and accidental esports connected into 2018.
Brand Deals In 2018 Set Up Kuuhubb For Added Growth
While 2017 set the table, 2018 brought cogent advance opportunities through the addendum of co-marketing deals. Currently, Kuuhubb is alive with above all-around brands, including Kellogg's, Lionsgate, Ben & Jerry's, and Mattel, to accompany to bazaar agitative amateur that amalgamate partner's articles with avant-garde gaming features. Examples of contempo campaigns and partnerships included appearance apps with Barbie, Orange & Black, Ben & Jerry's, and My Little Pony.
The aggregation additionally fabricated added cardinal moves in that year by accepting the tech and development assets from Valiance Accumulation that adherent its development resources. They additionally acquired the all-around rights to Dancing Diaries, a Match-3 adventure bold that combines accepted Match-3 bulk gameplay with a dancing meta-game. But, to absolutely acknowledge how Kuuhubb differentiates itself from the cachet quo, readers of this commodity should bang on this articulation to see how art, imagination, and technology can appear calm to accomplish high-quality, visually- appealing, amateur and apps.
While the 2018 additions to its gaming library and tech assets were significant, Kuuhubb additionally bankrupt on addition costs accord to facilitate added growth. This time, they admiring a advance costs accord for €2 million. Additionally assuming that they can allure boilerplate funding, in 2019, Kuuhubb bankrupt on a €1 actor abiding low-interest government accommodation instrument.
Recent Earnings Show Trend Higher
During the aboriginal anniversary of March, the aggregation put out its budgetary Q2 after-effects that accent revenues that exhausted analyst estimates by $0.07 million. Three and six-month acquirement numbers came in at $1.97 actor and $4.26 million, respectively. Revenues came primarily through its top two apps, Recolor, and My Hospital. The aggregation additionally beefed up its antithesis area with added allotment afterwards the division ending.
In January, Kuuhubb accustomed $197,867 from Valiance UG as fractional repayments for the outstanding accommodation receivable balances on December 31, 2019. Then, in February, Kuuhubb bankrupt on a non-brokered clandestine adjustment alms of an apart convertible acceding accretion €2 actor in arch that matures in 36 months and bears an absorption bulk of 10%. The acceding can be converted, at the advantage of the holder, into accepted shares of Kuuhubb at a about-face bulk anchored at CAD$0.80 per share. Thus, the dilutive effect, if exercised, would bulk to almost 2,500,000 shares, which still leaves the basic anatomy with beneath than 60 actor shares outstanding and affluence of allowance for added dilutive, but accretive advance opportunities.
On the accretion front, February of 2020 additionally saw Recolor Oy, a wholly-owned accessory of Kuuhubb, access into a auction and acquirement acceding with Codecacao d.o.o. Beneath that agreement, Kuuhubb will access 100% of the issued and outstanding shares of Codecacao in application of one-million accepted shares from Kuuhubb payable over two years. The accord brings Kuuhubb a aggregation of apps and bold lovers that advance globally accustomed products.
The absolution additionally accent the advancing bendable barrage of the company's flagship, second-generation Match-3 game, Tiles & Tales, which is accepted to appear in March of this year. A ample angle of the address demonstrates that Kuuhubb is continuing to body a arch affairs bold portfolio and is advancing its position as an industry innovator, targeting the changeable demographic. At the aforementioned time, the aggregation is continuing to alter its portfolio into the accepted Match-3 or "tile-matching," gaming space, with the development of two new titles; Dance Aptitude and Tiles & Tales, accepted to barrage during the aboriginal bisected of 2020.
Kuuhubb In 2020, Targeting A Huge Changeable Gaming Market
At Kuuhubb, 2020 is ambience up to be a abeyant blemish year for the company. Bringing added amateur to market, accepting new assets, and abacus clamminess to the antithesis area can anniversary serve to add drive to the company, and its stock, as the year unfolds.
Few will altercate adjoin the aggregation actuality well-positioned in a cogent market, or that their charge to active articles and revenues from changeable gamers in an under-served artefact development bazaar can bear abundant abiding rewards. Moreover, the opportunities are abstract by the actualization of the gaming industry's latest phenomenon, esports.
Differentiating themselves from a crowded, aggressive mural and bushing a abandoned in a multi-billion dollar bazaar can assuredly accommodate a aggressive advantage to Kuuhubb. Moreover, as new opportunities abide to advance in the casual, adaptable esports bold niche, Kuuhubb can appropriate aloft new bazaar opportunities that amalgamate badly accepted accidental and multiplayer abolishment genres to actualize a different portfolio of amateur for the changeable market.
Notably, three things comedy in favor of abiding advance for Kuuhubb. First, the aggregation is targeting a bazaar that is accretion in size, admitting it already actuality an estimated one-billion being opportunity. Second, the aggregation is bringing to bazaar innovative, challenging, and visually ambrosial amateur that baby to the demands of the changeable gaming market. And, third, the aggregation is well-managed and has a aggregation of business and architecture professionals that accept accurate their adeptness to body multi-generational bold concepts.
Combining it all, Kuuhubb may be in the best operating position in its history to bear blemish after-effects that can body actor value. And, if that is absolutely the case for 2020, befitting an absorption above its gaming belvedere may be a astute choice.
Media Contact:
Ken Ellisken@soulstringmedia.com
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