Kachoo
Regular
I'm not sure about the revenue generated first year but as the royalties kick up the following year should see more revenue its growth. Revenue won't be one lump payment example Valeo so we get paid on unit sales right well cars sell every year it will be a regenerating sale if valeo grows then our sales grow such as renesas and Megachips. We do not know the numbers yet so its hard to predict.The main question right now is when will the revenue flow start.
We currently have around a year worth of available funding.
The license from Megachips, Renesas and partnership with Valeo should generate around $40 million in total in the first year once the integrated products are released.
That would be another 2 years of funding. The total of this 3 years of funding should give us enough to start seeing the revenue flowing from the Akida 2000.
The management has no control over when the revenues start flowing from the licenses that has already sold.
They really need to start selling the licenses for Akida 2000 early this year and need to generate atleast 10 million in licensing fees this year.
Do not forget Edge Boxes Unigen circle 8 and the hearing aids that seam to be the talk they will all generate products as the circle grows there will be more and more. Now we do not know the numbers they are not expected to bee huge but a few million is possible for starts.
If I saw 10 to 20 million annual for 2024 I would be happy as this adds to the runway for reducing CRs.
There are quite a few products in the works so my thought is we will see sales down the road.
The lack of engineering fees shown in 2023 is likely that the joint development is also on BRN. So those are capital costs on BRN but they would see a higher portion of revenue off the product.
We really are not privileged to the development cycle but I suspect that BRN would have increased the funding value with the amendments if they did not see $$$ coming in in 2024 it be suicide financially for them.
I think its been driven in to the retail side that revenue will be the only thing that lifts this SP which I fully disagree as our price will be higher before revenue is reported in the C4. There will be a lift in SP prior to a C4 with revenue. But then a further lift after yes that is the risk off set work waiting.
I do not think much has changed with the potential and the cries that the technology is not good is false. We know it works its efficient and its faster.
The timing is out of our control for adoption to the edge systems but with the growth of SNN it will be a much easier sell for akida as we only need a % of market not the whole market.