Weebit - 2021and beyond, page-8310

i think this report is more basic than what we are hoping for, but it's still early days and to be honest without seeing the specifics of how commercial deals will be structured i dont think we can be too harsh on frost & sullivan

the main thing i think is that they have put $1m in revenues for FY 22, but that also would most likely not include if we had other commercial agreements signed but revenues from these agreements were not expected until 2023 or 2024.

so its just not as simple as looking at this report and seeing what our "projected" revenue may be. we actually might not earn a single $ until 2023 but we may have 5 x commercial deals signed in the pipe which could be worth 10's of millions although will take a number of years to eventuate

so whilst our P&L may look shite for a few years our market cap definately won't