I think we need to be realistic about time frames. Adoption and subsequent product design and scale-up takes time.
2028 is not really the long-term horizon. We'll just be moving towards the real curve in the hocky stick at that point.
The good thing about the IP model is that revenue pretty much drops straight to the bottom line once we get established. If we earned $2.5B in royalties in 2033, NPAT could be north of $2B.
I think it's possible WBT could be a $50B company in the next 10 years or so.
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