BRN Discussion Ongoing

[Izzzzzzzzzzy]

Looks like a head fake, US futures back up:
View attachment 12515

Futures green again, well spotted!

 

[Learning]

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.

Thanks Dio,

True, FF 1% to me is the minimum of market saturation that's Brainchip should achieve soon. Hence, I referenced to it.

With all the information presented by Brainchip, in 2027 Briainchip 20% market saturation is achievable is also my belief.

Learning.

 

[Izzzzzzzzzzy]

Forgot who it was who said it ken maybe, stated some time ago that we will see the company market cal being a couple of billion. Then we had a large discussion on what “few” or “couple” means we found that it means more than 1 at least hahahah

 

[Izzzzzzzzzzy]

 

[stuart888]

I was sending a message to a friend, I thought it was positive Brainchip sentences, so why waste it. I went looking for the Lounge. It is a cluttered lounge for sure, very funny to read the titles.

Where should we post positive Brainchip emails to friends? I am not sure the Lounge is going to work!

My email to friend:
What all the computers are using now is called the Von Neumann Architecture. It was a great design 30 years ago, but neuromorphic is the new way. Faster, lower power, no cloud needed. Not bad when the world wants to lower power usage! Sensors on the edge, no wasting bandwidth with clutter to the cloud.

Flat out brilliant!

 

[TheUnfairAdvantage]

Forgot who it was who said it ken maybe, stated some time ago that we will see the company market cal being a couple of billion. Then we had a large discussion on what “few” or “couple” means we found that it means more than 1 at least hahahah

My recollection was a few billion which equates to several billion AUD.

You’re right though to say more than one though because we are already there at roughly $2 billion.

Going on what Ken said though is roughly $3.50 a share but I’d be happy with FactFinders prediction of $2.75 by years end. This 4c will be ultra important to get to that figure by years end. $ or info. Either one will do, but I am guessing we will be spoilt with both.

 

[Izzzzzzzzzzy]

My recollection was a few billion which equates to several billion AUD.

You’re right though to say more than one though because we are already there at roughly $2 billion.

Going on what Ken said though is roughly $3.50 a share but I’d be happy with FactFinders prediction of $2.75 by years end. This 4c will be ultra important to get to that figure by years end. $ or info. Either one will do, but I am guessing we will be spoilt with both.

There we go, seems like you have better memory than me. Thank you

 

[Xhosa12345]

My recollection was a few billion which equates to several billion AUD.

You’re right though to say more than one though because we are already there at roughly $2 billion.

Going on what Ken said though is roughly $3.50 a share but I’d be happy with FactFinders prediction of $2.75 by years end. This 4c will be ultra important to get to that figure by years end. $ or info. Either one will do, but I am guessing we will be spoilt with both.

Yup 2.50 by xmas and 5 buks by june are my short term hopefuls but with rev still way behind the increasing mkt cap but will then start catching quikly as we head into 2024

 

[Filobeddo]

View attachment 12516

Yeah cool, but did you know Wisk Aeros new Chief Systems Architect is ex Airbus

 

[RobjHunt]

Here we go peeps!!

 

[Mccabe84]

Here we go peeps!!

Tech did mention if it came in the morning it would be good

 

[RobjHunt]

Here we go peeps!!

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.

 

[buena suerte :-)]

ANNOUNCEMENT !!!!!!!!!!!

 

[Izzzzzzzzzzy]

ITS HERE

 

[JK200SX]

500% increase in revenue, woohoo


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.

Payments to suppliers and employees were down quarter-on-quarter, totaling US$4.1M in Q2-22
versus US$5.3M in Q1-22. In the June quarter, BrainChip incurred $0.77M in third party licenses
and hardware related to the development of next-generation Akida engineering samples. The
Company continued to increase marketing and branding expenditures, however incurred lower
administration costs in Q2-22 after the renewal of insurances and higher corporate costs related to
increased shareholder activity in Q1-22.
Cash used for operating activities includes payments to BrainChip’s Board of Directors totaling
US$275,000 as noted in item 6.1 of the accompanying Appendix 4C, comprising fees for Non-
Executive Directors and salaries for Executive Directors.
Cash inflows from financing activities included $0.22M as a result of the exercise of Long-Term
Incentive Plan (“LTIP”) stock options.
BrainChip currently has entities in Perth, Australia; Laguna Hills, California (United States);
Toulouse, France; and Hyderabad, India. The Company continues to maintain strict cost controls,
as well as adhering to travel restrictions and precautionary measures related to the COVID-19
pandemic.
The Company will continue to update the market on material events and maintain monthly
Podcasts designed to inform all constituents of the Company’s progress and industry trends.
This announcement is authorised for release by the BRN Board of Directors.
___________________________________________________________

 

[Kachoo]

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.

Well that's not bad smaller burn rate nice

 

[Cgc516]

We got it this morning!

 

[Potato]

YESSSS.. WE ARE ON LIKE DONKEY KONG THIS MORNING!!!

GET THOSE ROCKETS OUT!!

 

[Xray1]

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.

I think my maths might be wrong ... BUT..... does this indicate/ equate to a 600% increase in revenue from the last one.

 

[Kachoo]

500% increase in revenue, woohoo


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.

Payments to suppliers and employees were down quarter-on-quarter, totaling US$4.1M in Q2-22
versus US$5.3M in Q1-22. In the June quarter, BrainChip incurred $0.77M in third party licenses
and hardware related to the development of next-generation Akida engineering samples. The
Company continued to increase marketing and branding expenditures, however incurred lower
administration costs in Q2-22 after the renewal of insurances and higher corporate costs related to
increased shareholder activity in Q1-22.
Cash used for operating activities includes payments to BrainChip’s Board of Directors totaling
US$275,000 as noted in item 6.1 of the accompanying Appendix 4C, comprising fees for Non-
Executive Directors and salaries for Executive Directors.
Cash inflows from financing activities included $0.22M as a result of the exercise of Long-Term
Incentive Plan (“LTIP”) stock options.
BrainChip currently has entities in Perth, Australia; Laguna Hills, California (United States);
Toulouse, France; and Hyderabad, India. The Company continues to maintain strict cost controls,
as well as adhering to travel restrictions and precautionary measures related to the COVID-19
pandemic.
The Company will continue to update the market on material events and maintain monthly
Podcasts designed to inform all constituents of the Company’s progress and industry trends.
This announcement is authorised for release by the BRN Board of Directors.
___________________________________________________________

What the bit development of the next gen Akida hardware. Looks like they have orders for Akida 2000 or what ever they call it wow.