BRN Discussion Ongoing

[wilzy123]

Uh.... ASX?

 

[Deleted member 118]

Monthly is looking good

 

[Dang Son]

US market @10x ASX will drive our price up when Insto's start using Bchpy and need volume

Symbol	Last Price	Change	% Change
BRCHF BrainChip Holdings Ltd	0.7900	+0.0091	+1.17%
BRN.AX BrainChip Holdings Ltd	1.2600	+0.1000	+8.62%
BCHPY BrainChip Holdings Ltd	22.13	0.00	0.00%
24Y.BE BRAINCHIP HOLDINGS LTD	0.8650	+0.0770	+9.77%
24Y.MU BRAINCHIP HOLDINGS LTD	0.8510	+0.0690	+8.82%

 

[marsch85]

Solid quarterly:
* First ASX announcement in which we mention the 5 partnerships (Arm, SiFive, Nviso, Edge Impulse, Prophesee)
* Outflows lower than expected
* Very strong cash position with $28m in the bank plus additional LDA Capital drawdown possible. Should shut up some WANCA’s concerns about possible CR.

Can’t gather much from the inflows as it’s not broken down by source of income and as Sean said at the AGM, it will be lumpy for now as recurring income is low and license fees are one-off spikes. I assume this quarter included some of the Megachips fee.
- Dec quarter: $1.0m
- Mar quarter: $0.2m
- Jun quarter: $1.2m
A steady increase next quarter to $2-3m would be impressive

 

[Filobeddo]

the stool...

Fact Finder
https://thestockexchange.com.au/threads/brn-discussion-2022.1/post-89959

Revisiting the CEO Sean Hehir’s presentation to the 2022 AGM:

“When I started to evaluate joining BrainChip I started with the technology.

Being a Silicon Valley based executive I had easy access to some of the world’s best technical minds who I engaged to evaluate the core technology.

The overwhelming feedback was the technology is visionary in its design, unparalleled in flexibility, and transformative in performance.

As the engagement progressed, I met with many of the core team members and concluded that I had never met a more talented, dedicated, and focused group of individuals in all my years in the technology business.

I examined the trends which are undeniably compelling, the growth and disruptive nature of AI plus the decentralization of AI.

Furthermore, I started to examine the quality of the engagements with some of the world’s leading brands and the trust/promise they saw in BrainChip which further encouraged me to join this amazing company.

And lastly, with all the skills and talent the organization had, it was clear the experience and skills I possessed perfectly complimented the team and is exactly what BrainChip needed in a CEO; someone who knew how to fully commercialize technology…..

Where we are going

The Market is moving to the edge, and we are already here.

I spoke earlier about a 3 three-legged stool that highlighted research, product, and now commercialization, but as stated earlier the floor that the stool sits on is the market.

That market is large, fast growing, and requires more intelligence at the edge.

Today's data center AI model is power hungry, bandwidth wasting, lacks flexibility, not very intelligent and not suited for these undeniable technology trends toward distributed intelligence and learning at the edge.

As I get ready to close my prepared remarks, let’s go back to the foundation.

Two visionaries and the others that followed, worked diligently to create our world changing technology.

Unapparelled in its flexibility, scalability, performance that’s been technically vetted by prospects, customer, and analysts.

And with all my comments about commercialization, I want to assure you there is equal focus, energy, and resources to not only maintain our competitive advantage created by those visionaries but extend it.

We are:
• Aggressively sourcing and hiring world class tech talent.
• Filing new patents.
• Working diligently on documentation, look/feel, UI to make our technology
easier to consume.
• Paying close attention to our competitors.
• Refining, expanding, and accelerating our roadmap and see opportunities
beyond the edge.

For the short term, you can expect another major release of next generation IP and another reference chip prior to the next AGM.

Lastly before I turn the meeting back over to Antonio, let me briefly recap.

It’s been nearly a half year of building a commercial engine that is just now starting to reveal its possibility.

Key priorities and initiatives include:
• Structuring Commercialization.
• Understanding our Market Ecosystem.
• Clarifying our Business Model.
• Ensuring Product-Market Fit.
• Focusing on Marketing.
• Expanding Sales.

Our work on the commercialization leg of the stool has made substantial progress but it is a journey of continuing improvement.

But when you couple this commercial engine with our differentiated IP product, delivering proven and an exponential improvement on anything else available, plus a market which is moving to the edge, I am highly confident that the commercial results will come in a steady and sustainable fashion.

Even with all this hard work on commercialization in the last 5 months, the company and myself should be judged not on effort, but results.

With that said, I look forward to standing before you next year to share all the progress and results from this next critical chapter of BrainChip’s commercialization.”

So we are now 11 months and counting until the CEO stands before shareholders ready to be judged on his progress and results.

I have never anticipated an AGM more than the Brainchip 2023 AGM.

My opinion only DYOR
FF

AKIDA BALLISTA

Neuro, That’s a high quality forensic ‘stool’ analysis you’ve got there, very well done

Never ever thought I’d ever say something like that ……

 

[Deleted member 118]

A lot of posts about 600% increase Q/Q but arnt we back to Dec 2021 4C when we made $1M ?

Actually I’ve never reported anyone until now lol

 

[Space Cadet]

It's just a thought question with no real merit. A line expression of a mathematical question. If my lecturer back in the day wrote this question on the board we all knew he meant

6
-------
2(1+2)

So it can be 1 or 9 depending on what the writer of the question actually means

I've always thought the 2 in 2(x+x) was part of the parenthesis to be completed.

old school though so...

I would have thought it could be 9 or 1.2?
But I would have said 9.

SC

 

[gex]

I would have thought it could be 9 or 1.2?
But I would have said 9.

SC

2(1+2)=6
6÷6
1

 

[Filobeddo]

Three nice orders closed after 4pm , $126k, 153k & 198k as well, gotta be happy with that

It’s been a great day& can't wait for the next run

 

[Makeme 2020]

1 To go Ladies and gentlemen as we stand 2499 members on TSE.
Well done Zeebot many thanks.

 

[alwaysgreen]

Hoping we can close on the daily high. A nice bullish statement from the market.

Bullish!

 

[Space Cadet]

2(1+2)=6
6÷6
1

Hang on changed my glasses to reading glasses. Your right lol

SC

 

[mrgds]

Thats a pretty good lookin "stool" you got goin on there @Blind Freddie

 

[mrgds]

Three nice orders closed after 4pm , $126k, 153k & 198k as well, gotta be happy with that

It’s been a great day& can't wait for the next run

yes, around 1.1mil @ $1.26 .......................

 

[Slade]

1 To go Ladies and gentlemen as we stand 2499 members on TSE.
Well done Zeebot many thanks.

We should all personally welcome the next member.

 

[DingoBorat]

Uh.... ASX?

View attachment 12564

That is Gold!

There should be no "thinking" or "sad" faces!

Those shorts trapped below 90 cents belong to some Very influential organizations and they are soo scared of losing big time, on betting against BrainChip, that our gain today is not there!!

They are shit scared of more "retail" buying BrainChip!

It's the other institutions they have to worry about!
And that's going to be on a Global scale soon enough.

Take it away Rachel!

If we can get a few million, in the next quarter, even 2..
Then I think Ark Invest, will start building a position..
They are very open about it, so it won't be hard to dig up the proof.
In fact it will be as @Fredsnugget would put it, a "Sun baker"!

We are going to be the Nouveau Riche folks and the harder they try to stop us, the quicker we'll get there!

 

[VictorG]

We should all personally welcome the next member.

Let's hope it's FACT FINDER mark2

 

[Fredsnugget]

That is Gold!

There should be no "thinking" or "sad" faces!

Those shorts trapped below 90 cents belong to some Very influential organizations and they are soo scared of losing big time, on betting against BrainChip, that our gain today is not there!!

They are shit scared of more "retail" buying BrainChip!

It's the other institutions they have to worry about!
And that's going to be on a Global scale soon enough.

Take it away Rachel!
View attachment 12571

If we can get a few million, in the next quarter, even 2..
Then I think Ark invest, will start building a position..
They are very open about it, so it won't be hard to dig up the proof.
In fact it will be as @Fredsnugget would put it, a "Sun baker"!

View attachment 12572

We are going to be the Nouveau Riche folks and the harder they try to stop us, the quicker we'll get there!

Gotta love them sunbakers , off to find some tomorrow hopefully

 

[Sam]

Uh.... ASX?

View attachment 12564

That’s weird because zip isn’t in the 200 anymore but brain is wtf

 

[Bravo]

BrainChip (ASX:RBN) Shares Rise on June Quarter Update​

By Kiryll Prakapenka, 27/07/2022



Developer of neuromorphic processing AI technology BrainChip Holdings [ASX:BRN] was up on Wednesday after releasing June quarter results.
The company ended the June quarter with US$28.4 million in cash.
Receipts from customers totalled US$1.2 million on R&D spend of US$1.7 million.
The AI tech stock is up 80% year-to-date, and up 155% over the past 12 months:

www.TradingView.com

BrainChip’s June quarter ​

Reporting from Sydney on Wednesday morning, BrainChip released its quarterly activities report for the quarter ending 30 June 2022.
The company burned through cash during the June quarter, ending the period with a negative operating cash outflow of US$2.9 million.
For the six months to June 2022, BRN’s operating cash outflows totalled US$7.9 million.
During the six months ending June 2022, BrainChip spent US$3.8 million on research and development.
BRN’s CEO Sean Hehir released the following statement:

‘The recently ended Quarter amplified the execution of the Company’s commercialisation for our AkidaTM neuromorphic IP. During the June quarter, BrainChip introduced a complete company rebrand, reinforcing Essential AI: Optimizing compute. We continued to engage in meaningful technical evaluations with multiple target customers, and we announced key commercial partnerships with strategic technology (Arm, SiFive & Prophesee) and AI software leaders (Edge Impulse & NVISO), demonstrating pre-integration and interoperability.
‘During the June Quarter BrainChip was added to the S&P ASX200 Index, a major global index. This is a significant event, as it recognises the Company’s strong growth over the previous 12 months and raises the Company’s profile with institutional investors around the world.
‘In the coming quarter, the Company will be focused on deepening existing customer relationships and converting technical evaluations. In addition, the Company continues to invest in development of next-generation Akida IP and products to extend our technological lead.’

BRN’s tech stance and the future energy boom​

Brainchip is seeking to pioneer new AI technology with its focus on neuromorphic processing.
However, as Chairman Antonio Viana said in BRN’s May AGM, being a pioneer does not necessarily guarantee success.
Commercial execution is just as important as scientific execution.
Time will tell whether BrainChip is able to translate its tech into sustainable cash flow.
The company is trading on a trailing 12-month price-to-sales ratio of more than 500 — that’s plenty of high expectations baked into the stock.
Now, while the neuromorphic AI tech BrainChip is developing may be a few years away from the mainstream, what is mainstream right now is the global pivot to EVs.
The EV revolution is set to change the way we travel all over the world.
And while in 2021, eight of the top 10 best-performing stocks in Australia may have been lithium stocks, our experts believe there’s a smarter way to play the rise of lithium in 2022.
It involves what you might call lithium’s ‘little brother’.

BrainChip (ASX:RBN) Shares Rise on June Quarter Update

Developer of neuromorphic processing AI technology BrainChip Holdings [ASX:BRN] was up on Wednesday after releasing June quarter results.

www.moneymorning.com.au