BRN

2.17%

23.5¢ brainchip holdings ltd

BRN - last reported revenue and forward looking revenue + Peter in Perth, page-24

First 24 Last

Share
Profile

Follow
PigsMightFly

7,705 Posts.

2797

22/09/20

17:21

Post #: 47540919
Share

Originally posted by NFLFALCONS: ↑

-From: Ken Scarince To: Sent: Tuesday, 22 September 2020, 02:35:23 am AESTSubject: RE: Brainchip Revenue Hi ,Thanks very much for your email and interest in BrainChip. The big difference on our revenue is due to a shift in strategy. With limited resources the company decided that it made more sense to redirect the expertise of the French software team towards the growing needs for software development related to the Akida program. Unfortunately this meant the company could no longer focus on the continued development, sales and distribution of the existing BrainChip Studio product. While it was disappointing to put these projects on hold, using internal resources allowed us to meet the Akida project needs without adding additional team members. We have been very focused on controlling our costs so we believed this was the best way forward. As far as revenue expectations going forward, we have not publicly released any forecasts but we have commented publicly that we do anticipate revenue associated with Akida sales sometime in 2021. We hope to be more specific about that in the near future. You are correct that Peter is back in Perth. He has set up a new entity we call the BrainChip Research Institute. He has hired two very talented and extremely well-educated scientists to work on research related to the application of the Akida technology. While I cannot go into details about specific projects, suffice it to say that it is all very fascinating work the team is doing there. I will ask Peter if there is anything he can share about that work. Lastly, yes, I am located in the Los Angeles area in the US about an hour from Aliso Viejo, CA where our offices are located. Thanks again for your interest in BrainChip . Ken @yahoo.com>@brainchip.com>

Expand

"We have been very focused on controlling our costs so we believed this was the best way forward. "

So why did they just appoint another director?

BRN Price at posting: 44.0¢ Sentiment: Sell Disclosure: Not Held
2 Upvote

0 Great analysis

Reply

Top Stories

NVU

Nanoveu surges 10% after benchmark testing for new AI chip begins

SWP

Swoop lobs $18M offer at microcap telecom Vonex – in which it holds 19.9%

Week 42 Wrap: HotCopper's top picks; new ASX 200 record; world yawns at war

IRX

InhaleRX snags $38.5M in funding from VC biotech funder Clendon

M4M

Macro, Norden set up transport solutions initiative for West Pilbara

TLG

Talga Group wins key permit for flagship graphite mine in Sweden

What's causing the cost-of-living crisis, and how to navigate it

SNX

Sierra Nevada raises $2M for silver exploration at Blackhawk

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

MTH

Mithril's drilling in Mexico picks up silver at 997g/t, gold at 28g/t

There are more pages in this discussion • 3 more messages in this thread...

First 24 Last

Add BRN (ASX) to my watchlist

(20min delay)
Last 23.5¢		Change 0.005(2.17%)		Mkt cap ! $461.1M

Open	High	Low	Value	Volume
23.5¢	24.5¢	23.0¢	$1.912M	8.083M

Buyers (Bids)

No.	Vol.	Price($)
16	620903	23.5¢

Sellers (Offers)

Price($)	Vol.	No.
24.0¢	966723	20

View Market Depth

No.	Vol.	Price($)
10	320671	0.235
33	716648	0.230
30	696747	0.225
52	1074960	0.220
14	412202	0.215

Price($)	Vol.	No.
0.240	865802	16
0.245	550440	12
0.250	856462	21
0.255	694018	12
0.260	663463	20

Last trade - 16.10pm 18/10/2024 (20 minute delay)

BRN (ASX) Chart

BRN - last reported revenue and forward looking revenue + Peter in Perth, page-24

Nanoveu surges 10% after benchmark testing for new AI chip begins

Swoop lobs $18M offer at microcap telecom Vonex – in which it holds 19.9%

Week 42 Wrap: HotCopper's top picks; new ASX 200 record; world yawns at war

InhaleRX snags $38.5M in funding from VC biotech funder Clendon

Macro, Norden set up transport solutions initiative for West Pilbara

Talga Group wins key permit for flagship graphite mine in Sweden

What's causing the cost-of-living crisis, and how to navigate it

Sierra Nevada raises $2M for silver exploration at Blackhawk

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Mithril's drilling in Mexico picks up silver at 997g/t, gold at 28g/t

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

BRN - last reported revenue and forward looking revenue + Peter in Perth, page-24

Top Stories

Nanoveu surges 10% after benchmark testing for new AI chip begins

Swoop lobs $18M offer at microcap telecom Vonex – in which it holds 19.9%

Week 42 Wrap: HotCopper's top picks; new ASX 200 record; world yawns at war

InhaleRX snags $38.5M in funding from VC biotech funder Clendon

Macro, Norden set up transport solutions initiative for West Pilbara

Talga Group wins key permit for flagship graphite mine in Sweden

What's causing the cost-of-living crisis, and how to navigate it

Sierra Nevada raises $2M for silver exploration at Blackhawk

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Mithril's drilling in Mexico picks up silver at 997g/t, gold at 28g/t

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News