D
be quit you are not Andreas you are a potatoYESSSS.. WE ARE ON LIKE DONKEY KONG THIS MORNING!!!
GET THOSE ROCKETS OUT!!
Do you want to have a crack at the P/E. Under more favourable market conditions than we are experiencing atm, most tech companies like BRN are around 80.Hi Learning,
I always had the feeling that @Fact Finder used 1% not as a likely outcome, but to emphasize the scope of the potential by citing a minimal quantum from which a real value cold be extrapolated.
Realistically there will be a few dominant SNN producers, and several second tier producers.
Even so, I think my 20% estimate is in no way unrealistic. I think we have a good shot at maintaining our No. 1 position beyond 2027.
I'm Andrea's brother. Still entitles me to something hahabe quit you are not Andreas you are a potato
Agreed, This is a very responsible 4C from Brainchip with very controlled cash usage with plenty of cash left on hand for many many quarters. We also have some more revenue which is nice and now fun to speculate on.What a bloody good solid 4C. Further confirmation of responsible management through an ongoing period of growth and reinforcement that we are on our way!
I know but you know what's better is the fact that they are getting revenue for the second generation Akida to be out soon that's what's exciting. So we should be getting news on that when it's finally ready and out.
I know this is irrelevant but with the burn rate being slightly less than $3m for the quarter, then the company has enough money going forward for 2.5 years. No capital raising talk now from trolls thank you.FINANCIAL UPDATE
The Company ended the June Quarter with US$28.4M in cash compared to US$31.2M in the prior quarter.
BrainChip reported net operating cash outflows of US$2.8M vs.US$5.0M in Q1-22. Receipts from customers for the quarter were US$1.2M, an increase of US$1M in Q1-22.
It's on page 2 of the 4C Edit: Actually, rereading that, did BRN incur costs of 0.77m? So development costs of next gen Akida?@Kachoo I’d love it if it were the case, but where does it say we’re getting revenue from second generation Akida?
What does 'converting technical evaluations' mean?This is also a very positive comment for the near future "In the coming quarter, the Company will be focused on deepening existing customer relationships and converting technical evaluations."
@Filobeddo sorry mate flat out at work but if you read the release it says related to the next gen Akida orders. I hope I did not miss read that.@Kachoo I’d love it if it were the case, but where does it say we’re getting revenue from second generation Akida?
BrainChip incurred $0.77M in third party licenses and hardware related to the development of next-generation Akida engineering samples@filob sort mate flat out at work but if you read the release it says related to the next gen Akida orders. I hope I did not miss read that.