POWER!!!! Fortescue Future Industries, page-3819

No problem Wes.

Craig Beresford Wilson stepped down from his role as Chief Executive Officer at Williams Advanced Engineering ("WAE") last year, on 7 November 2023.The news piece mentions WAE grew annual revenues from £6m to £180m (or just over US$227m) in the 10 years he was CEO at WAE.

Fortescue's annual report highlights revenue for Fortescue Energy coming in at US$107m. I'm thinking it might have something to do with deferred revenue" now increasing due to projects being completed. Hopefully a bit more transparency around this. If this is accurate, another 7 months have passed since his termination. What else have they sealed projects on other than the multi year JLR deal that we now know about? Revenue increase would have come from the "manufacturing and services" segment within Fortescue Zero. Other sub-segments are not yet ready for commercialisation.

Those that are ready are:

Electric Battery commercialisation;
Intelligent battery management (SAAS);
Manufacturing and services (many things can fall under that sub-segment)

This is just my personal opinion, but I'm thinking revenue could be climbing close to US$500m. If so, it wouldn't be long before this start up hits a US$1bn in valuation. Let's wait and see but my attention is on seeing what their free cash flow might look like.

Have you heard of this method/model?

"Crossing the $100 million threshold unlocks the door to a $1 billion valuation, assuming other metrics look strong."

https://staxbill.com/t2d3-path-to-saas-growth-1b-valuation/

This would be based on the example of Fortescue Energy's SAAS business alone. How would this method look for their Electric Battery commercialisation and Manufacturing and services?

This tick tock is ringing louder and louder for me.

Tony