At the very least we should be getting some sales activity information to show us what all the cash is being spent on. This management group seems to very much like keeping shareholders in the dark. Thats OK when things are going well - nobody has reason to be concerned. However, that's not the case here. As I've said before, the technical aspects of the company seem to be firing really well but the commercial side is clearly floundering. As time goes by I have less and less confidence in BRN's commercial management.There's a very clear message in the report that customers are waiting for Akida 2.0. Let's get over that hurdle before we start worrying about the sales effort.
The 4C is cash received. The half yearly report is essentially, invoices raised. Different animals.Can someone please explain to me......
In the 4c we had "Receipts from customers" (for the quarter) $828,000
Annual Report........ Revenue from customers with contracts $115,606
What am I missing?
As they say it's time load up ha haMonday is not going to be pretty..
They appear to be buying up bigAm I reading this correctly that ROBT ( ETF) has been buying up big in BRN ? Over 8mil shares and an increase of 94%
BRN Institutional Ownership and Shareholders - BrainChip Holdings Ltd (ASX) Stock
BRN Institutional Ownership and Shareholders - BrainChip Holdings Ltd (ASX) Stockfintel.io
The Big institution seem to be buying for some reason
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The report just summarizes what we and the market should have priced in
Not sure if someone has already mentioned it yet, skimmed over responses - the lack of revenue is due to no new licenses or sales from licensed products.
Technically, as frustrating as it may be, this is known information. The report just summarizes what we and the market should have priced in, but I understand that won't be the case and it's will be some now-common Monday pain haha
Head up people, this all still tracks with managements comments especially those by Antonio in the Podcasts this week.
Looking forward to the v2 adoption and engagements.
The only thing I had hoped for that isn't in there is perhaps a few hundred of thousands more to represent milestone payments in regards to Valeo. I'm secretly hoping we are super close to a closing deal and look forward to the uptick in progress/milestone revenue that might pre-date the announcement.
Anyway, hope you all have a good weekend
As promised from my post above and for your benefit Boab: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.