Will there be a significant increase in QTRLY revenue reported?
In my opinion, significant would be >AUD$1.5 million for the QTR.
Here is the recent history.
- June QTR 2023 $828k YTD $868k (6 months)
- September QTR 2023 $27k YTD $895 k
- December QTR 2023 $780k YTD $1,673 (12 months)
But, I think it is unlikely that we will see a significant increase in revenue.
Up until 31 March 2024 no company (that I know of) has made an announcement of a new product that is “in-market” (i.e. end-users have paid money for it) that uses neuromorphic AI supplied by any vendor let alone Brainchip. Be happy to be told I am wrong.
We are getting close but I don't think for this quarter.
Many punters will be disillusioned and hit the sell button.
I am hoping I am wrong, but I am saving to hoover-up shares at a lower price if it happens.
Will be interesting to see the share price movement between now and when the QTRLY is released later this month. Will the market price-in an expected increase in revenue or price lower anticipating not so good revenue?
With a bit of luck, we will get a killer announcement out-of-the-blue before then and all bets will be off.
Just my musings to stimulate debate.
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