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The revenue is two pronged one side from customers. The other...

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    The revenue is two pronged one side from customers. The other side from the Manufacture Fab.

    The thing that most miss is the IP licensing fees paid upon engagement with the customer they range from $500K to $2million - typically $1million
    Now what is missed by most is these customer fees are paid "per customer project" This means if the customer has several models the fee is payable on each and every model. Now think about an Apple phone has over 30 chips. How many models do they have.

    These fees will be huge. The first customer in my opinion will not only order one chip. WBT would not waste their time with them.
    Now that is only on the customer side. The Fab side of the two pronged revenue has to be taken into account as well.

    I am posting a presentation that shows this. You will have to scroll down past voting at an AGM

    https://hotcopper.com.au/threads/ann-2019-agm-presentation.4976198/
 
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