Ann: Testing Capability Upgrade & Management Changes, page-659

  1. 1,430 Posts.
    lightbulb Created with Sketch. 1061
    Also @DrunkNinja "WBT has more cash in the bank then(sic) 4DS entire MC."

    On 31 Dec 21 WBT had $47.7m cash and equivalents, but they are burning through this at a rapid rate. All of this cash would be committed to current operations, there is absolutely zero capacity for any material acquisition in the absence of additional capital being raised. WBT spent almost $22m in 6 months to Dec 21. I would expect the rate of cash burn to increase while they are transferring the tech into the SkyWater Fab, as this was only announced in Sep 21.

    This post isn't meant to say WBT doesn't have promise, but it does rubbish claims WBT could afford to buy 4DS with ease.

    The current MC of 4DS is around $90m.
    Last edited by Kmtw: 07/03/22
 
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