A Glimpse Into The FutureIn the press release I think EXRO were trying to give us a glimpse into the future and the potential Linimar revenue when they said they were targeting 25,000 by 2027. These e-axles are likely to include the L040 and/or the L080 CDs. If you take 25,000 and multiply by our unit prices for these units I think it translates into some pretty decent revenue numbers. At a 35 % gross profit margin it could go a long way towards covering our expenses. I expect any banker offering up terms on a LOC might appreciate that.
i don't recall offhand what the unit pricing is for the various sized CDs but if it were only $5k/unit it sums up to $125 mm in annual sales based on the targeted 25,000 units.
I am eagerly anticipating Mr ktmyannick's breakdown of this press release. I's sure he will come out of retirement once again to comment on all the news.
regards
thefourth