I am sure that a whole lot of analysts are also trying to work...

I am sure that a whole lot of analysts are also trying to work that out. P14 of the presentation had some interesting numbers.

Currently 228 manufacturers are shipping Dante products. Another 212 have the ability to ship Dante products but are yet to incorporate the software into their products. That indicates, that if AD8 did nothing, it could double revenue as those 212 release their Dante enabled products.

On that same slide, the indications are that digital equipment only makes up about 7 to 8% of the market. As legacy analog systems are replaced with digital systems, you could assume that AD8 products would have a very high market share (currently 71% and growing). Slide 23 is also very interesting, as the rate of growth for AD8 is actually accelerating.

The business actually has a really good growth story.

HT1