Alphawave IP Group PLC Correction of Typographical Errors (9849X)
02 Mayo 2023 - 1:00AM
UK Regulatory
TIDMAWE
RNS Number : 9849X
Alphawave IP Group PLC
02 May 2023
ALPHAWAVE SEMI
LONDON, United Kingdom and TORONTO, Ontario, Canada 2 May 2023 -
Alphawave IP Group plc (LSE: AWE, the "Company" or "Alphawave
Semi") notes the following typographical errors in its preliminary
results for the year ended 31 December 2022 published on 28 April
2023:
- Capitalised R&D, pages 4,11 and 12, US$7.5m. Amended to US$7.2m.
- Operating expenses, page 11, US$88.6m. Amended to US$86.6m.
- Cash generated from operating activities before tax, page 28,
US$'000 (2,857). Amended to US$'000 7,818.
- Revenue contribution from the acquisition of OpenFive, page
74, US$70,644,000. Amended to US$70,827,000.
- Accrued revenue from WiseWave, page 5, US$14.9m. Amended to US$20.2m.
- Accrued expenses, page 64, $US4.0m. Amended to US$4.0m.
For the avoidance of doubt, these are typographical errors only
and not changes resulting from the completion of the audit
work.
An updated version of the RNS with the typographical errors
amended is available on our website at
https://awavesemi.com/wp-content/uploads/2023/04/FY-2022-Preliminary-Results-28.04.23-amended.pdf
. The capitalised R&D amount in the FY 2022 Preliminary Results
presentation available on our website has been updated as shown
above.
About Alphawave Semi (LSE: AWE)
Alphawave Semi is a global leader in high-speed connectivity for
the World's technology infrastructure. Faced with the exponential
growth of data, Alphawave Semi's technology services a critical
need: enabling data to travel faster, more reliably and with higher
performance at lower power. We are a vertically integrated
semiconductor company, and our IP, custom silicon, and connectivity
products are deployed by global tier-one customers in data centres,
compute, networking, AI, 5G, autonomous vehicles, and storage.
Founded in 2017 by an expert technical team with a proven track
record in licensing semiconductor IP, our mission is to accelerate
the critical data infrastructure at the heart of our digital world.
To find out more about Alphawave Semi, visit: awavesemi.com.
Alphawave Semi and the Alphawave Semi logo are trademarks of
Alphawave IP Group plc. All rights reserved.
Contact Information
Alphawave Semi John Lofton Holt, Executive ir@awavesemi.com
Chairman +44 (0) 20 7717 5877
Jose Cano, Head of IR
---------------- ---------------------------- -----------------------------
Brunswick Group Simone Selzer alphawave@brunswickgroup.com
Sarah West +44 (0) 20 7404 5959
---------------- ---------------------------- -----------------------------
Gravitate PR Lisette Paras alphawave@gravitatepr.com
Siddarth Nigam +1 415 528 0468
================ ============================ =============================
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