Ethernity Networks Share Discussion Threads

[astralvision] 01/6/2023 21:10

If it bothers you, use the filter button.The thought of PaTT/504 as paid rampers is just laughable. Surely they would have been sacked ages ago!So stick to the subject matter please, or you will have to find another thread to post your bile.Or start your own one up, there's an idea?

[seagreen] 01/6/2023 20:46

What was that little gem History has a habit of repeating itself. A little bit more caution with your revenue forecasts would seem well advised8-)

[seagreen] 01/6/2023 20:44

So you agree they reversed some incorrectly invoiced revenue....I thank you

[purchaseatthetop] 01/6/2023 20:30

Absolute silence from Team Ethernity right now. Not any responses from any emails. They are running silent, running deep.

[astra1vision] 01/6/2023 20:30

So ok to allow paid rampers to continue here or have you not bothered to look at posting history of PURCHASEATTHETOP?

[purchaseatthetop] 01/6/2023 20:15

It’s quite fun. Many filtered contributors here. Astra1vision, Quantas etc etc. I am sure the discussion is erudite and relevant! Or maybe not. It seems commenting on the company RNSs is not acceptable.

[504] 01/6/2023 20:12

I guess more non discussion treats on a discussion board. Dangerous

[504] 01/6/2023 19:44

The next stage after availability is sales so that's the part they need to report on.
I would like to hear about a substantial radio vendor or network integrator taking wireless bonding into their product range on 2025 and 3808 as a wireless network controller. I don't expect it to come with numbers just a mission statement. It will be integrated into their management system out of the box and will open Ethernity up to their customer base.

[purchaseatthetop] 01/6/2023 19:12

agreed 100% steadier. My view is that it is coming. Hope so. It will change everything*

*as long as it is a contract RNS!!!

[504] 01/6/2023 18:59

PaTT what would those OEMs be doing. The product is made by the Asian OEM. Ethernity has integrated their products with OEMs we know that. The OEM sell the finished integrated or not product into their client lists and networks.
The OEMs may have a unique market like US WISP which requires a specific solution.
The OEM can build a software product or just add it to what they have.
The step out of that is if they take the SoC to build their product like the Asian OEM did. However this will be 12 months development so it would have to come with large initial supply numbers like the Asian OEM contracts did.
The Asian OEM contracts will run well beyond the initial order values and settle into annualised production.

[purchaseatthetop] 01/6/2023 18:42

we need a number of contracts just like the Asian OEM. The headline figure for them is interesting ($4.6m...$3m...whatever) but really they are open ended rolling contracts and orders come in lots of 5,000 units for example with the FTTR. Those require very little costs for ENET beyond in some cases the SoCs or small parts and then payments are made on deliveries. Low working capital requirements. The key is to have lots of them!

Six months ago we had zero. Now we have 5 or 6 but only know about orders for two (PON and FTTR) while we wait for UEP OEM and WISP plus G2 first orders.

LSE are looking backwards and expecting the same again. The road forward is actually very clear for us.

[quantas01] 01/6/2023 18:41

Lets be clear the greek prune knows absolutely zip about Dallo and as for a warped view. ENET have given Holders nothing quite obviously you have the warped view. Try taking the scales off

[504] 01/6/2023 18:26

Large contracts are not necessary for production success and can easily derail the resources By large we are talking about ordering a substantial number of units in one batch for delivery over a long period. If that were to happen it would not be for anything off the shelf as it's not necessary, it would be a new development variant or product. 12-18 months timeline. Of course we don't want anything like that.

Off the shelf is exactly how it needs to be. Networks don't need to commit to X number of units as it's commercially available and any big numbers attract big discounts.
I am not expecting any more contracts that have any development beyond integration then supply of pre integrated units.

In PON Ethernity has a contract to turn the supplied SoC into the complete XGS-PON or gPON product for global sales through Ethernity, channel partners or the Asian OEM. Ethernity can sell the SoC to the Asian OEM and then resell to the end user. These I suspect will be announced as sales volume.
The key is to get as much coverage as possible as quickly as possible so they need OEMs and resellers to carry these opportunities into the market.

[purchaseatthetop] 01/6/2023 17:37

Can’t even read RNSs. It says $240k was forecast for 2022 of which $107k had been invoiced in 2022 and then provided for as per the RNS. Zero for 2021.

RNS: "To date, the Company has invoiced the customer for a total of $107,000 which included deliveries as required for prototypes in accordance with the Contract terms. The Company had budgeted for a further c.$240,000 to be delivered and invoiced in 2022, with the balance being delivered and invoiced in 2023. These amounts had been factored into the Company's contracted revenue figures for 2022 and 2023 provided in the 2021 full year results, announced on 8 April 2022, and these figures are now expected to reduce commensurately as a result of the Contract cancellation."

So, ENET informed holders exactly as they should. As soon as they knew the contract was cancelled they informed holders because the contract had been RNSd a while back. They took no revenue for 2021 and then let holders know there was a $107k hit to revenue in 2022 before they released H1 figures and also what impact that would have on the forecast revenues for 2022.

As usual, seagreen shows his ignorance, It is perfectly clear and perfectly done.

[purchaseatthetop] 01/6/2023 17:26

Tburns. Contracts would be structured to be cash generative. The spending has been on the R@D to develop the products. Now it is cash cow time.

[tburns] 01/6/2023 16:42

For me it is the balance between cash flow and production costs to get the orders out. One large order actually exacerbates the problem, unless they negotiate staged payments on multi drop deliveries, funding the next orders costs and reinvesting profit. That are a bulk of smaller orders that can be planned carefully regards the delivery expectations. That is my main concern.

[purchaseatthetop] 01/6/2023 16:00

The OTHER way to look at it is to see that most holders, especially LTHs who are massively underwater, are simply scared. Conditioned to anticipating the worst. Frit. That is a mahoosive opportunity if you think that actually the company is busy delivering hugely more revenue than ever before and probably EBITDA positive H2 23.