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Just need to trust the guidance 🙌
NGR1616
Let's hope so!
If we are to believe that mass adoption in mobiles is happening in 2026 then it’s entirely feasible for pre assembly orders to be placed in 2025 for the CMOS sensor that would require an earlier order of Nanoco materials in 2025 to put into the sensors.
The Boards guidance is breakeven will be reached next year.
Average monthly cash burn rate £350k or £4.2m pet year.
EBITDA margin 35% to 45% meaning based on an average 40% margin the business needs £10m to reach breakeven.
If we look at gross margin 60%+ assuming we have double counted on operating costs as these would be covered by existing revenues, we still need around £7m in additional revenues to reach breakeven next year!
Now the Board have guided that orders this year will be 'very small value' so how on earth will Nanoco generate an extra £7m to £10m in revenues needed to reach break even as itvtakes several months feom contractual signange to production ramping up and such order would need to be received this year?
It's simple maths Brian why does your guidance not fit the requirements to reach break even next year, the numbers simply don't stack up!
"Nanonano , is it unreasonable for a company like Apple to demand that "millions of sensors" are tested to understand performance and failure rate as part of their validation process"
Not about reason, it's just not necessary.
Cemetry plot - dead end - cul de sac !
Troublesome
'Fully agree and IMO necessary as we are talking about commercial orders now and hopefully from little acorns ...'
Let's hope they announce a far bigger than expected commercial order of £10m+ this year if they ever hope of reaching breakeven next year.
Nanoco needs at least £3.6m earnings or 35% EBITDA, meaning £10m additional revenues in order to meet that 'Board Guidance' which they keep claiming they are on track to deliver!
No doubt Brian is reading this and chocking into his cornflakes as to how he will pull this one off..or maybe not..they've got away with murdering their retail shareholders for years!
One user id lol!
Give it a rest
Troublesome
It's a little cemetery plot surprisingly all the deceased were of the same age..lol!
@TG2D
Buried on the NigWit reserve no doubt !
He's so reserved he belongs on one !
I’ve made plenty here over the years and my avg just now is close to parity. I’m holding a few hundred k in shares and equal in cash waiting to see what happens post tender.
NGR1616
'My motives are to make me money.'
You've done pretty sh@t so far given all your whining over 'protecting my investment' when ever anyone questions or criticises the Board to hold them to account.
You may as well bury your Nanoco shares in a sealed box they might be worth more in 2 million years when sone future archaeologist digs it up and sees a skeleton attached hugging the box closely to it's chest and thinks wtf is this 'iou' with the words 'Im protecting my investment' scrawled on a piece of paper doing inside the box!
@404X
O.K. - but wouldn't describe any of the actual delivery as 'flashy' - quite the opposite.
@troublesome Kooba gave the name of the PR firm, look them up. Their client list reads like a who's who of some of the most well known and largest plcs. Includes multi-billion market caps like BP. Seems very flashy to me, especially in context of a micro cap like this.
Talking money is crass so I'm not going to tell you what I made last year.
My motives are to make me money.
@BC
Fully agree and IMO necessary as we are talking about commercial orders now and hopefully from little acorns .....
Can't give any guarantees as I will never trust you or your motives - I've been very lenient regards your recent insults.
I always felt that PR was something we needed to focus on and invest in. The website is still not up to scratch really. If the company is going to be a bit more bullish in its outward facing approach and trying to drum up business I’m all for it,
Troublesome we’ve been down this cul de sac before. I have one ID and one only and I post only on here. Confuse me with others who post with multiple ids if you want but I’ll report anyone who suggests I’m using multiple ids. Please refrain. I’ve stopped calling you out for the benefit of the others here and would hope you can reciprocate.
Wouldn't really call it 'flashy PR' but a more trustworthy front man representing Nanoco would be preferred - any suggestions ?
The FAB cost will be amortised over x years for depreciation
Don't think anyone takes any notice of someones suggestions with multiple fake id's.
For all the flashy PR it's very hard for them to gloss over how hapless Tenner is. Can only go so far when you're lumbered with him as the face of your firm.
It's a tad concerning new red flags seem to appear whenever he makes his latest pronouncement. Now claiming some shareholders didn't want any return - after the company has been dangling the carrot for over a year - stretches credibility.
Then he says: "Given we'd already made the commitment, we felt we couldn't go as far as that."
Gee thanks Brian. Clearly everyone should be grateful for this damp squib tender, and thankful they're returning to shareholders anything at all - let alone millions below guidance company itself gave.