| 04:50 PM EST, 01/27/2020 (MT Newswires) -- Eguana Technologies Inc. (EGT.V, OTCQB: EGTYF), which designs and manufactures high performance residential and commercial energy storage systems, rose $0.005 or 4.35% to $0.12 on Monday, and may build on that tomorrow because after trade it said its Q4 revenue was over $825,000, compared to $119,000 for the fourth quarter 2018, with an additional $800,000 delivered into the Hawaiian market in the first half of October, after the September 30th quarter close. It added manufacturing throughput will continue to increase as the transition to Jabil, of all inverter production, is completed by March, and additional benefits from increased working capital for North American orders are realized at that time. "The team has worked diligently to build the largest order book in company history while successfully implementing our outsourced, low cost manufacturing model, and coordinating predictable deliveries from our supply chain," said Eguana Chief Executive Officer Justin Holland in a statement. According to the statement, Eguana's operations team had by the end of the fiscal year reduced its lead times from 12 to approximately 6 weeks, positioning the company to increase deliveries into a record and growing order book. |