Poet Technologies Inc (POET)

[mackwheaton]

And there is this, courtesy of Rainer Klute on Agoracom and apparently, IBK, an investment fund in Toronto.

https://agoracom.com/ir/POETTechnologies/forums/discussion/topics/730000-optimistic/messages/2239362#message

It is important to note that the sale of DenseLight represents an injection of US$28 million into POET and a significant reduction of POET’s operating costs which will transform POET’s balance sheet and enable the company to pursue a fab-light strategy. As part of the fab-light strategy, POET will focus on growing the Optical Interposer business in fast-growth, multi-billion dollar markets driven by internet traffic, datacenter development, 5G networks and the integration of photonics and network switching devices.

POET is at an inflection point for rapid growth. POET has a 2019 revenue guidance of US $8-10 million and IBK Capital Corp. expects POET’s annual revenue from its Optical Interposer-based Optical Engines for various applications to exceed US $200 million (C$267 million) for 2023—which is more than 20x 2019 revenue.

This revenue growth is also supported by the cumulative Total Available Market (TAM) POET is pursuing for integrated photonics, which is estimated at US $19 billion for 2019-2023. System integrators such as CISCO and Broadcom, and data center providers such as Microsoft, Facebook, Google and Amazon represent about 70% of this total market. POET’s revenue growth and industry-wide market growth should provide POET with significant share price appreciation.