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Target Financial Model Revenue Growth (Year over Year) Gross Margin R&D SG&A Operating Margin 31 >100% 65% 10% 15% 40% ● ● ● ● ● ● 127% CAGR over next 5 years supported by a large TAM, growing design wins, repeat business and strong pricing High gross margins driven by economies of scale, improving factory metrics and purchasing efficiencies Significant investment in next generation products to maintain competitive advantage Supporting investments in SG&A to drive massive global adoption and profitability Strong pricing and high gross margins at scale Significant operating leverage with growth Industry leading operating margins view
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