@Gibson68 - Yes, I agree those nuggets from the annual report are very interesting. I thought the following commentary in the section "Review of Operations" was particularly noteworthy.
"First IP revenues
In FY24, Weebit marked a major commercialisation milestone, receiving its first IP licensing revenues totalling A$1 million for the year. Under its IP licensing model, Weebit will generate revenue from foundries, IDMs, and product companies via licensing fees for design and manufacture; engineering fees for design and process support; and royalties per customer use. Royalties will be received once customers begin shipping end products.
Over the coming year, Weebit expects to receive ongoing, gradually increasing licensing and non-recurring engineering (NRE) payments from its existing customers, as well as other foundries and IDMs as agreements are signed and milestones are met."
So another half a million $ in revenues has appeared since the last update, and it seems very clear that WBT is forecasting increasing cash to come in the front door over the current financial year. The commercial deals they have signed already are starting to deliver revenue. Actual revenue from their customers is what many investors want to see going forward. This very much puts the heat on the skeptics, naysayers, hand-ringers, downrampers and shorters, and stock manipulators. You'd have to be crazy to sell when the $$$$ are starting to flow in.
All IMHO, DYOR
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@Gibson68 - Yes, I agree those nuggets from the annual report...
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