Ethernity Networks Share Discussion Threads

[purchaseatthetop] 08/9/2024 11:36

But those H1 23 figures were skewed.
They included $600k delivered to Tarana in very late June 23 as part of the $1.5m order completed in July 23,
So if you take out this $600k the real revenue was $800k. Which was $500k Tarana excluding the $600k plus $300k other revenue.

This is the whole point that you fail to get Pwhite. Tarana is Ethernity revenue. Without it they would be bust by now. TSP would never have been exited. No new clients would have signed any contracts. New Tech would have run a mile. Ethernity would be bust by now.

So, at least we know there are substantial orders by Tarana. I think revenue H1 24 will be $1.6m. Of which $1.3m will be Tarana ($1m G1 plus $300k G2 development).

But we will find out by 30/9/24.

[pwhite73] 08/9/2024 11:24

For those who think they've analysed and understood the Tarana/ENET relationship well here's a question. Nobody is under any obligation to answer it or should be bound by their reponse.

For the interims to 30/06/2023 ENET reported:-

RNS 20/09/2023 - "Revenues increased by 98% to $1,398,871 (H1 2022: $704,853). Gross profit increased by 87% to $802,494 over the comparable period (H1 2022: $428,761)"

What figures would you expect this year given substantial orders by Tarana. What figures would you expect this year given no orders by Tarana.

I'll give my reply later tonight.

must dash.

[purchaseatthetop] 08/9/2024 09:49

“patt - "My analysis shows demand for Tarana products has been overwhelming."

That is not analysis for any substantial changes in revenue has to be reported by Tarana to the Inland Revenue Services and its private investors. Many of these records are publicly available.”

There are a few indicators that even Pwhite might spot! Mind you, he did think VRS was the future world beater so is maybe not the brightest…


“Tarana Ranked #24 on Inc. 5000 List of Fastest-Growing US Companies and #1 in Telecom Category”



“Tarana Wireless has raised an additional $50 million to support its growth as the company continues to rapidly deploy its G1 product for fixed wireless broadband networks. "We are full-on in growth mode at this moment," said Tarana CEO Basil Alwan in a conversation with Light Reading.”

[washingmachine] 08/9/2024 09:34

A pompous Scally wag !
Speak soon
Speak later .. FO

[pwhite73] 08/9/2024 09:30

patt - "My analysis shows demand for Tarana products has been overwhelming."

That is not analysis for any substantial changes in revenue has to be reported by Tarana to the Inland Revenue Services and its private investors. Many of these records are publicly available.

The live issue for shareholders is whether ENET are playing a part either directly or indirectly in the overwhelming demand for Tarana's products. To date there is no evidence to support this theory.

For argument sake if we assume they are then private funders to Tarana and shareholders in Tarana's unquoted stock would be aware of this. Yet there does not appear to be any US interest in ENET OTC stock.



"Tarana Wireless has raised $429.64M over 10 rounds. Tarana Wireless's latest funding round was a Unattributed for $50M on September 13, 2023."



"Previous Close - $0.046" = 0.35p

Please let's try and keep our feet firmly on the ground when discussing ENET. Thank you in advance for your corporation.

[washingmachine] 08/9/2024 09:09

All take a look at VRS thread now !!
Where Pwhite outlines the political risks with investing
But he clearly can’t see the odvious here ??
What an out and out con man .. SIMPLE HAS

[washingmachine] 08/9/2024 08:43

No real
You are getting mixed up with a out right Con man’s view
He over the years has encouraged many many private investors in to companies that have been basically fraudulent..and ended up in administration
Also discouraging investment in to companies that have gone on to thrive !
Big difference !!

[purchaseatthetop] 08/9/2024 08:34

Pwhite.

RNS 19/04/2024 - "We are pleased to report continued revenue growth in 2023 from our U.S. fixed wireless broadband solution customer. Furthermore, we are actively engaged in the development of a second-generation product for this customer. This development effort is ongoing in 2024, and we have been advised that the customer anticipates placing new orders for both the first and second generation products throughout the second half of 2024. The customer's rollout ramp-up plan for the second-generation product is scheduled to take place during 2025."

Let’s look at the second gen product first.
The launch will be at WISPALOOZA 25 in October 25. They will be ordered hundreds of chips in 2024 for the field trial units being tested by major customers for many months before launch. Then thousands in early 25 for mass production of G2 units so that they have the stock of new base units at distributors mid Sept 25.

So, revenues in 2024 and then revenues in 2025. As they say.

G1 first gen next gen product.
They have said orders “throughout H2 24”. So monthly every month. Been happening for months. Why did they not say about H1? Because Tarana have told them they cannot say a thing. Had they RNSd that sales were being made in H1 then the demand for a data based RNS would be overwhelming. We will find out by default by 30/9/24.
My analysis shows demand for Tarana products has been overwhelming. Actually that’s what they have said themselves. That they have been nigh on overwhelmed by demand and are the 24th fastest growing company in the USA.

So, of course sales have been made since around Feb 24. But they are not saying anything.

[realdealy] 08/9/2024 08:34

Learn from John Locke.

No one is "right", just different ideas.

[realdealy] 08/9/2024 08:33

Respect different opinions even if they appear foolish.

[washingmachine] 08/9/2024 08:18

Pwhite VRS ? ?
Contracts / orders ??
Placing after placing after placing ???
ICON in administration ??
You are a full on con man .. SIMPLE HAS !!

[snooker40] 08/9/2024 07:38

Realdealy ... time to leave?

[realdealy] 08/9/2024 07:00

Not much fun 😞 in it.

[purchaseatthetop] 08/9/2024 05:29

Let’s have another look at the unit price for our Tarana chip….

2/12/20 RNS
“A customer who signed a contract in May 2017 to enable 1Gbps over fixed wireless residential service as an alternative to fibre has now advanced beyond field trials to actual service deployment, incorporating Ethernity's FPGA SoC as the main switch and traffic manager device, to be located at each antenna. Following successful field trials in 2020, the customer has forecast that they will require ~$500,000 ENET FPGA SoCs based on their planned deployment rollout for 2021, the vast majority of these to be supplied in H2 2021, and a further requirement of up to ~$1m in SoCs in 2022.”

So at the end of Dec 20 they were looking at $1.5m in the 18 months to 31/12/22.

2/4/21 RNS

“Following a contract between Tarana and Ethernity signed in 2017, Ethernity has worked closely with Tarana to support its development efforts toward bringing their innovative fixed wireless access product to mass adoption. Tarana successfully completed field trials in 2020 and is now fulfilling orders from service providers for large-scale commercial deployments of G1, requiring supply of 5,000 units of Ethernity's ENET Flow Processor over the next 12 months. To that end, Ethernity has received initial orders for $400K to supply its FPGA SoCs, expected to be delivered by early Q3 2021, representing an acceleration of the previous expectation, as set out in the Company's update on 2 December 2020. Further growth of this product line is expected in 2022”

So by April 21 the orders had grown with delivery accelerated to 5,000 units over the following 12 months. They state further growth is expected in 2022.

27/5/21 RNS

“Highlights

· A total of $2m in customer orders from Tarana Wireless to supply the Company's ENET FPGA SoC;

· The orders include $740k worth of orders for 2021, c. 50% over previous expectations;

· $1.26m in orders for 2022, which may increase further”

Now we can see that the original Dec 20 view of orders for the period to 31/12/22 has risen from $1.5m to $2m by 27/5/21. Even if the 5,000 units increases in that proportion of 2/1.5 it means the number rose to 6,250 units. $2m purchase order for 6,250 units is $320 a unit. I assume $250 a unit to be conservative though I think it must be nearer or above $300. The cost of a high quality blank FPGA chip is over $60 a pop and the gross margin is 70%+ so it must be that sort of level.

Why is this so important? Because if the unit cost is $300 then the order delivered end July 23 of $1.5m was 5,000 chips. Since the. We have heard nothing except general statements such as new orders throughout H2 24. And we have seen hundreds and hundreds of new stock flowing in and out of the US distributors plus the new product 6Ghz came out in Oct 23 and thousands of these have been sold to a completely new market segment of dense urban and city rollouts. Up to that around 90% of sales were CBRS 3Ghz base units for rural rollouts because they have range.

Bear in mind that this is me having fun with reading RNSs and we only find out in the next three weeks if my analysis is correct snd Tarana revenue was earned in H1 24. Plus right now we want the $1.05m contract approval.

[washingmachine] 07/9/2024 19:29

All I’m hearing from people who are close
Is everything is on track and ok
They cannot alter the ongoing political situation in Israel
Luckily we are not tied to the homeland and can be basically functional anywhere in the world.
Unlike many positions held by the resident troll gang on here.
At this ridiculous valuation, they can’t see the wood for the trees …
But that’s the reason they end up potless and bitter.. part of the 85 percent club !!
PATT u r doing a very informative fact based assessment has always if you look at your calls over the years.

[purchaseatthetop] 07/9/2024 16:46

What is really exciting is that the now $100b of US govt funding is only now kicking in. It was slow to start. Both Tarana and our own solutions should gorge on this cash for the next seven years.

Take Mediacom who announced their partnership with Tarana recently.


“Mediacom Park, New York and Milpitas, California — April 9, 2024 — Mediacom Communications, the fifth largest cable operator in the United States, and Tarana, the world’s first manufacturer of next-generation fixed wireless access (ngFWA) broadband technology, today announced a partnership that will bring reliable, high-speed internet to thousands of unserved households in Alabama, Florida, Georgia, and North Carolina.”

They started getting funding in 2023. Alabama announced in March 23



“Mediacom scooped up $13.4 million in grant funding from the state of Alabama, snagging the money as officials awarded funding to help extend broadband to nearly 20,000 locations there. Charter Communications also walked away from the grant round with significant winnings, which will supplement its already substantial fiber expansion plans for the state.”

They get the funding, think about how to deliver, then go to Tarana. That will only accelerate. This is all RDOF funding. Not even BEAD.

Hopefully our own broadband access solutions will also kick in because if they do…..10p will be easily surpassed.

[bbmsionlypostafter mk2] 07/9/2024 13:50

Thanks PATT.

[bbmsionlypostafter mk2] 07/9/2024 13:38

So, is ENET then a one way winning bet, just waiting for T to allow E to release news & the share price goes up several hundred %?

[purchaseatthetop] 07/9/2024 12:57

Why would anybody else be supplying Tarana?
Our RNSs have repeatedly said we are supplying the FWA customer snd it would take years for Tarana to replicate the IP.
If we were not supplying Tarana now, and from months ago (my guess Feb 24) then we would be bust by now.

[bbmsionlypostafter mk2] 07/9/2024 11:51

And if ENET is not supplying Tarana, who is?