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YDx Innovation Corp V.YDX.H

eGaming
YDX Innovation Corp. is a Canada-based company, which is engaged in the commercialization of immersive new technologies that incorporate virtual reality, augmented reality, esports and gaming. The Company operates through licensing its IP, developing interactive exhibitions and esports tournaments and content. Its divisions include Arkave VR Arena, YDreams Global and Render. Arkave VR Arena is a gaming platform that brings location-based virtual reality to any location-based event or entertainment center. Its YDreams Global has developed over 2,000 interactive and immersive experiences for brands, including Disney, NBA, Adidas, Cisco, Nokia, Nike, Mercedes-Benz, Coca-Cola, Santander, AB InBev, Qualcomm, Unilever, Fiat and the City of Rio de Janeiro. Render is a professional video production studio specializing in crafting video content for YouTubers, Streamers, Teams, and Brands. Render is specialized in gaming content as well as works with a variety of digital media.


TSXV:YDX.H - Post by User

YDx Innovation Corp
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Comment by Imprinton May 13, 2019 3:13pm
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Post# 29741764

RE:RE:News Today

RE:RE:News TodayHi,

Unfortunately, Arkave is not nearly as profitable as I would have thought as an investor.

According to one video where the CEO is speaking of costs to potential investors (I don't know which video this is but you can find it if you dig around), the Arkave sells for:

Original price: $88,000 USD
Recurring cost: $1200/month USD

Ignoring the original price because frankly it's a pittance and I really thought we'd be making bank off of a recurring monthly SAS model, the company is only netting $14,400 USD per year per Arkave.  Not exactly a great return on investment.  They've only sold 5 or so of these things.  Recurring monthly revenue on 5 Arkaves is barely enough for one software develop's salary.

When I originally invested in the company, my projection was they would make $50-60 thousand per Arkave per year.  At less than a third of my projection per year per Arkave, I fear my investment will not be nearly as lucrative as I imagined.

Cheers,
Imprint
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