BRN Discussion Ongoing

Esq.111

Fascinatingly Intuitive.
Good Morning Chippers ,

Been having a little ponder about the CONFIRMED list of engagements over the weekend.
* Thankyou Fact Finder for compiling & then getting a half straight response from the Co.

Of the 41 CONFIRMED ENGAGEMENTS.....

~ 5 are University's training the required workers / inventors to further neuromorphic tech & integration well into the future.

~ This leaves 36 companies using our tech with the end goal of a financial return to their bottom line.....& ours.

~ Of this group of 36 companies..... 7 companies fall within FORBES GLOBAL FORTUNE 2000 largest companies in 2023.

~ 5 of this group of 7 companies fall within the FORBES GLOBAL FORTUNE 500.

~ 7/ 36 = 19.4444% of our engagements are with the world's largest companies.

Now for some fun numbers....

COMPANIES, their FORTUNE 2000 No, & 2023 REVINUES.

1, FORD, No.124, Revinue USD$165,060,000,000.00
2, VALEO, No.1401, USD$21,060,000,000.00
3, RENESAS, No.685, USD$11,170,000,000.00
4, TATA Consulting Services, No.386, USD$28,050,000,000.00
5, INTEL, No.422, USD$56,420,000,000.00
6, GLOBAL FOUNDRIES , No.827, USD$8,110,000,000.00
7, MERCEDES BENZ, No. 42, USD$158,750,000,000.00

TOTAL REVINUE of above 7 Companies in 2023=
USD $448,590,000,000.00

*1% of above = USD$4,485,900,000.00

Soooooo...... If BrainChip Inc. Captured 0.25% (=1/400th) of the above Companies revinue =
USD$1,121,475,000.00

Divided by 1,888,885,028 total shares ( fully paid, performance rights, options, RSU ) as of 6th July 2023.

= USD$0.5937232 Per Share.

X Price to Earnings of 25 ( conservative in the tech sector ).

= USD$14.8431 Per Share.
Or
= AU$22.03885 Per Share ( Exchange rate as of 24th July 2023).

WOULD APPEAR WE ARE EXTREMELY UNDERVALUED PRESSENTLY.

😃.

The above numbers are loose , yet it makes my PRESSENT FAIR VALUE of $4.75 AU per share look quite ballenced, never mind DELOITTE 's price ( from one or two years ago ) guide of $8.00 AU .

Regards,
Esq.
 
Last edited:
  • Like
  • Love
  • Fire
Reactions: 77 users

TECH

Regular
New job ad for a verification engineer out 2 days ago with below key requirement:

- Knowledge of ARM based SoC architecture and system busses (AHB, AXI, APB) is strongly desired



Good morning,

Looks highly likely that another top notch ARM employee will make the move over to Brainchip, that advert does in my opinion
suggest that we would like to poach one of your verification engineers, is that ok ? :ROFLMAO:....I mean, we're partners of sorts, aren't we ?

Akida II is more market-oriented, the below video (which is only short) may interest some as to the approach that the company is
currently taking.

Standby for the 4C later this week (maybe) (y)



Have a positive week ahead....regards Tech :geek:
 
  • Like
  • Love
Reactions: 28 users

Tezza

Regular
Didn't TD say if we were in someone's commercial product, that he believes they would advertise the fact? On that statement alone, I can't see to much in this 4c! Thoughts?
 
  • Like
Reactions: 1 users

Kachoo

Regular
Good Morning Chippers ,

Been having a little ponder about the CONFIRMED list of engagements over the weekend.
* Thankyou Fact Finder for compiling & then getting a half straight response from the Co.

Of the 41 CONFIRMED ENGAGEMENTS.....

~ 5 are University's training the required workers / inventors to further neuromorphic tech & integration well into the future.

~ This leaves 36 companies using our tech with the end goal of a financial return to their bottom line.....& ours.

~ Of this group of 36 companies..... 7 companies fall within FORBES GLOBAL FORTUNE 2000 largest companies in 2023.

~ 5 of this group of 7 companies fall within the FORBES GLOBAL FORTUNE 500.

~ 7/ 36 = 19.4444% of our engagements are with the world's largest companies.

Now for some fun numbers....

COMPANIES, their FORTUNE 2000 No, & 2023 REVINUES.

1, FORD, No.124, Revinue USD$165,060,000,000.00
2, VALEO, No.1401, USD$21,060,000,000.00
3, RENESAS, No.685, USD$11,170,000,000.00
4, TATA Consulting Services, No.386, USD$28,050,000,000.00
5, INTEL, No.422, USD$56,420,000,000.00
6, GLOBAL FOUNDRIES , No.827, USD$8,110,000,000.00
7, MERCEDES BENZ, No. 42, USD$158,750,000,000.00

TOTAL REVINUE of above 7 Companies in 2023=
USD $448,590,000,000.00

*1% of above = USD$4,485,900,000.00

Soooooo...... If BrainChip Inc. Captured 0.25% (=1/400th) of the above Companies revinue =
USD$1,121,475,000.00

Divided by 1,888,885,028 total shares ( fully paid, performance rights, options, RSU ) as of 6th July 2023.

= USD$0.5937232 Per Share.

X Price to Earnings of 25 ( conservative in the tech sector ).

= USD$14.8431 Per Share.
Or
= AU$22.03885 Per Share ( Exchange rate as of 24th July 2023).

WOULD APPEAR WE ARE EXTREMELY UNDERVALUED PRESSENTLY.

😃.

The above numbers are loose , yet it makes my PRESSENT FAIR VALUE of $4.75 AU per share look quite ballenced, never mind DELOITTE 's price ( from one or two years ago ) guide of $8.00 AU .

Regards,
Esq.
Putting it in this context really highlights my thoughts about where BRN can go. These are the announced engagement. Who else is in the closet!
 
  • Like
  • Love
Reactions: 13 users

Esq.111

Fascinatingly Intuitive.
Didn't TD say if we were in someone's commercial product, that he believes they would advertise the fact? On that statement alone, I can't see to much in this 4c! Thoughts?
Morning Tezza ,

That rings a bell, but i can nigh on guarantee anything involving military or critical infrastructure - communications would be kept confidential for obvious reasons.

ACUDA BALLISTA.

Regards ,
Esq.
 
  • Like
  • Fire
Reactions: 19 users

Xhosa12345

Regular
17.7 M OB
(4M) at least going out maybe ($5M)
with say another 40K coming in........ can we round this up to 100K? Anybody see it being $1M?
12m cap proceeds
so $24M ISH closing balance (6 quarters)




View attachment 40237
Wasnt far off....4cs out
 
  • Fire
  • Like
Reactions: 4 users

buena suerte :-)

BOB Bank of Brainchip
Here we go !!!

1690151603589.png
 
  • Like
  • Fire
Reactions: 8 users

buena suerte :-)

BOB Bank of Brainchip
1690151666713.png
 
  • Like
  • Fire
Reactions: 22 users

Xhosa12345

Regular
So was the 830k cash from new sales, or just part of the 1.5m trade receivable at 31 december, or a blend. Because none of the 1.5 was received in last quarter.

Hopefully new revenue, but will know for sure when half yearly comes out next month.
 
  • Like
  • Fire
Reactions: 14 users

buena suerte :-)

BOB Bank of Brainchip
Top 20 is out!!!

1690152765116.png
 
Last edited:
  • Like
  • Love
  • Wow
Reactions: 23 users

Cardpro

Regular
So was the 830k cash from new sales, or just part of the 1.5m trade receivable at 31 december, or a blend. Because none of the 1.5 was received in last quarter.

Hopefully new revenue, but will know for sure when half yearly comes out next month.
Could not care less about the cash inflows this quarter, doesn't mean much. But with recent focus & attention on Edge AI & neuromorphic computing it appears that we are finally getting the attention we deserve. Hopefully it will be reflected on the share price soon.
 
  • Like
  • Love
  • Fire
Reactions: 29 users

MDhere

Regular
Shut up and take my money 😀😀😀
Sony Sony Sony 🍾🍾🍾
Screenshot_20230724-033506_Chrome.jpg
Screenshot_20230724-033506_Chrome.jpg
 
  • Like
  • Love
  • Fire
Reactions: 66 users

davidfitz

Regular
  • Like
  • Fire
  • Love
Reactions: 49 users

GDJR69

Regular
Not a bad 4C - much better than I was expecting. Would love to know where the cash receipts from customers came from.
 
  • Like
  • Love
Reactions: 24 users

Damo4

Regular
Not a bad 4C - much better than I was expecting. Would love to know where the cash receipts from customers came from.

I guess the hope is that it's PCIe boards and EAP engagements (that don't require ASX announcements), rather than just outstanding cash from previously declared revenue but who knows.

Still quite a good 4C
 
  • Like
Reactions: 16 users

Slade

Top 20
A very positive quarterly. We are set up for a big 12 months. BrainChip appear to have the right technology at the right time and are ready to deploy it, now! It has been amazing to watch our CEO and team develop an extensive ecosystem over the last 12 months, while PVDM and his clever engineers extend Akida’s technological capabilities. We are red hot at the moment!! I couldn’t be happier holding BRN shares. I am such a clever dick.
 
  • Like
  • Haha
  • Fire
Reactions: 74 users

Tothemoon24

Top 20
Top 20

Great to see Louis Dinardo still holding !!!
 
  • Like
  • Fire
  • Love
Reactions: 45 users
Top Bottom