Weebit Nano quadruples revenue to $4.4 million
| Stock | Weebit Nano Ltd (WBT.ASX) |
|---|---|
| Release Time | 28 Aug 2025, 8:26 a.m. |
| Price Sensitive | Yes |
Weebit Nano quadruples revenue to $4.4 million
- Weebit Nano delivered revenue of $4.4 million in FY25, a 300% increase
- Revenues comprised IP licensing and Non-Recurring Engineering fees for its embedded ReRAM NVM technology
- Weebit Nano currently has IP licensing agreements with three fabs and a design agreement with one product company
Weebit Nano Ltd (ASX: WBT), a leading developer and licensor of advanced memory technologies for the global semiconductor industry, has delivered revenue of $4.4 million in FY25 - a 300% increase on the prior corresponding period. The revenues comprised IP licensing and Non-Recurring Engineering fees for Weebit's embedded ReRAM Non-Volatile Memory (NVM) technology. Weebit Nano currently has IP licensing agreements with three fabs and a design agreement with one product company. Weebit Nano CEO, Coby Hanoch, stated that the strong revenue growth reflects the company's continued commercial progress, including signing an agreement with Tier-1 Integrated Device Manufacturer (IDM) onsemi and progressing towards qualification with leading foundry DB HiTek. Hanoch expects revenues to steadily increase over the coming year as the company signs additional licensing agreements with foundries and IDMs, as well as new design agreements with product companies.
Weebit Nano expects revenues to steadily increase over the coming year as the company signs additional licensing agreements with foundries and IDMs, as well as new design agreements with product companies.