Trademarks
Alphawave Semi and the Alphawave Semi logo are trademarks of Alphawave IP Group plc. All rights reserved. All registered trademarks and other trademarks belong to their respective owners.
LEI: 213800ZXTO21EU4VMH37
1 Both FSA (Flexible Spending Account) drawdowns and China re-sale licences convert previously announced contractual commitments included within bookings reported in prior periods to new product design wins which will be recognised as revenue over time.
2 FSAs or Flexible Spending Accounts represent contracts with customers who have committed to regular periodic payments. These payments are not in respect of specific licences but can be used as credit against future deliverables. FSA drawdowns represent the design win value of transactions signed during the period, against which FSA payments will be credited and will convert to revenue over time.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240724619300/en/
Contact:
Alphawave Semi
John Lofton Holt, Executive Chairman
Rahul Mathur, CFO
ir@awavesemi.com
+44 (0) 20 7717 5877
Grand Bridges Marketing Limited
Graham Herring
Tim Metcalfe
Claudia Cano-Manuel
press@awavesemi.com
+44 (0) 75 6218 2327
