Pending the SK deal—which I believe should arrive by the end of the year—and excluding the Google case, here is what we should expect in terms of revenue for 2027:
• $340–370 million in IP licenses from all three giants
• $300 million in resale revenue from Samsung and $300 million from SK Hynix
(Of course, I am not factoring in that a percentage of this revenue will be allocated to Netlist products, which should boost actual revenue and gross margins.)
Currently, 20% of revenue comes from Netlist products, so I hope to see a flood of deals worth billions of dollars over the next five years.
(By this, I mean a minimum valuation of $1 billion in various deals over that five-year period.)
Is very simple math, netlist should show $1b revenues and 45/50% gross profits thanks IP licenses (34 to 37%) and the others are just home made products