Alphawave IP Grp

High-Risk-High-Growth Small Cap Update :)

At $RKLB (+3,12 %) everything is going in the right direction at the moment. Up almost 200% since initial investment about half a year ago. And the future promises much more.

$QBTS (+5,12 %) Although a leading provider of quantum computing is considerably riskier and very far from profitability, it has finally been posting share price gains for a month now and is recovering.

$AWE (+2,26 %) has presented very good figures and is also well equipped for the future. It is a technological niche, but one that it is nevertheless occupying quite successfully.

For more inspiration:

$GRAB (-0,94 %) ,$TMDX (-0,08 %) ,$LNTH (+0,74 %) ,$GRA (-3,3 %) ,$6871 (+1,3 %) ,$4480 (-1,56 %) ,$ACMR (+1,8 %) ,$HIMS (+10,05 %) ,$IONQ ,$ASTS

Alphawave Semi shares rise after strong third quarter bookings and TSMC award. $AWE (+2,26 %)

LONDON, United Kingdom and TORONTO, Ontario, Canada - Alphawave IP Group plc (LN:AWE), a specialist in high-speed connectivity and computing technology, reported impressive third quarter results. For the fourth consecutive quarter, bookings exceeded $100 million. The company recorded a 43% increase in new bookings compared to the same period last year, with significant growth in license and non-recurring development revenue (NRE).

The share price reacted to the positive news with a sharp jump of 22%.

The company, also known as Alphawave Semi, particularly highlighted its strength in the area of intellectual property (IP) licensing. Here, license and NRE bookings increased by a remarkable 119% from USD 42.9 million in Q3 2023 to USD 93.8 million in Q3 2024. However, license fees and silicon orders declined by 64% from USD 30.1 million to USD 10.7 million in the same period.

President and CEO Tony Pialis commented on the milestone and attributed the consistent performance to the company's growing revenue streams. In particular, he highlighted the success in securing multiple design wins for chiplets using Arm UCIe IP. Pialis also expressed pride that Alphawave Semi was recognized as TSMC OIP Partner of the Year 2024 for High-Speed SerDes IP for the fifth consecutive year - a testament to the company's technology leadership.

Executive Chairman John Lofton Holt described 2024 as a transition year for Alphawave Semi. The corporate strategy is already having a positive impact on the financial results, he said. He expressed great confidence in the company's medium-term forecast and reiterated the ambitious goal of achieving annual sales of USD 1 billion by 2027.

Because of the contribution from @AndiOmsen I took a direct look at Frank Thelen's "SuperFond" and immediately had to smile.

Now I know where many very creative stocks have come from and keep bringing them back into play. Among Frank Thelen's top positions are, among others: $AWE (+2,26 %) ; $HIMS (+10,05 %) and $SOFI (-3,44 %)

Keep on making your Thelen disciples 🤔😉😎

P.S. is $DRO (-5,83 %) not even there?! 😆

Hello Community,

what do you think of Frank Thelen's hyped $AWE (+2,26 %) ? It is the largest position in his fund with almost 8%.

Some opinions would be nice ;)

Good evening to all.

A little speculation 💪

$AWE (+2,26 %)

What do you think of Alphawave? Based in the UK and a provider of intellectual property for the development and manufacture of connectivity chips.

In my opinion, a promising candidate for a strong jump in sales and profits. Of course, it's still early days, but for me it's a 1% position in the portfolio from a risk/reward perspective.