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BlackBerry Ltd T.BB

Alternate Symbol(s):  BB

BlackBerry Limited is a Canada-based company, which provides intelligent security software and services to enterprises and governments worldwide. The Company leverages artificial intelligence (AI) and machine learning to deliver solutions in the areas of cybersecurity, safety, and data privacy and specializes in the areas of endpoint management, endpoint security, encryption, and embedded systems. It operates in three segments: Cybersecurity, IoT, and Licensing and Other. Cybersecurity consists of BlackBerry UEM and Cylance cybersecurity solutions (collectively, BlackBerry Spark), BlackBerry AtHo, and BlackBerry SecuSUITE. The Company’s endpoint management platform includes BlackBerry UEM, BlackBerry Dynamics, and BlackBerry Workspaces solutions. The IoT consists of BlackBerry QNX, BlackBerry Certicom, BlackBerry Radar, BlackBerry IVY and other Internet of things (IoT) applications. Licensing and Other consists of the Company’s intellectual property arrangements and settlement award.


TSX:BB - Post by User

Post by homer111on May 18, 2023 12:44pm
227 Views
Post# 35454802

BB growth-not exactly exponential, as some suggest

BB growth-not exactly exponential, as some suggestSo BB revenues will grow by 12.2% this year (excl. IVY and licensing) IF BB achieves the top end of its revenue target for fiscal 2024 (the current fiscal year). Some folks on stocktwits seem to suggest BB revenue is going to rise exponentially but BBs targets they just provided suggest otherwise. listen i'm happy that BB is finally growing again but the exponential growth will not come until they can secure IVY licenese with the top auto manufacturers. which they have yet to do, although they said they expect more IVY contracts in F'24. to me, this means very little IVY invome in fiscal 2024. 

also, we shouldn't be including the patent sale when comparing to BB's revenue targets as this is not ordinary operating income, its a one time sale of assets. its not licensing income, its a gain on sale of assets. I'm no saying the revenue doesn't count (of course it does), its just that its not an apples to apples comparison to include sale revenue with other normal operating revenue when comparing to these targets.
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