First demo song, page-16

Sound is a $USD20 billion pa, stable, consumer market.
Let's say akp only gaines 5% of this mkt as a worst case.
Revenue of say $1 bill USD, assuming at 40% margin and a 30% tax rate, (given they will likley start at the top end products), that equates to net income of $280mill USD, on 25 times = $7 billUSD cap.

If you step back, the key to this product is the size of the mkt, and the advantages this product will offer.

They first need a chip however.
Odd also no-one at the agm asked why their phase 3 didn't work. I asked Yuval and he said it was a glue that was contaminated at a seperate company, that the memes fab used.