That was my point
I think FRX has set itself up well and done so early on. Hopefully they are able to capitalise on that advantage as I would be surprised to see less than 1000% upside (company growth - who knows what the share price will do) over the next few years all going to plan.
September quarter receipts could be around 300% higher than last September ($680k), which was 100% higher than the September before that ($330k).
If 1% of the population knows what an eSIM is now, and FRX are already doing 300% growth... Can you guess what the growth rate will be over the next 3 years?
How long until Andriod/Samsung drop the sim trays now that Apple has made the move?
After this next quarterly comes out I'm hoping that I can see the run-rate to be near $10m pa.
It's not unreasonable to say FRX are on track to do $50m in receipts in FY25 imo
apple 14 no sim cards, its esim time, page-58
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