Board games are serious business worldwide, and AMFE's top subsidiary is a board game cafe, publisher, and distributor in this rapidly growing sector. They are also one of the top brands in the industry, and 2019 is poised to see exponential growth for the company.
Retail: Currently 3 cafes in Toronto, and the first corporate location was opened in Tempe, AZ in October. Each cafe brings in roughly $3M per year in revenue. 23 more cities in the USA are at various stages of franchising.
Publishing: AMFE made an all cash acquisition of French board game publisher "Morning" in May of 2018. Walmart has a purchase order for three of the games already, and these games will be in stores in early 2019 (Kill the Unicorns, Red Panda, IKAN). *See pic below
Distribution: In the Dec 6th press release, AMFE released all the titles Snakes & Lattes distributed in the holiday season. This segment of Snakes & Lattes has grown SKUs in the past year from 5 to 580. Snakes & Lattes will soon be unveiling a distribution plan for the United States, as they are currently only operating in Canada.