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Eguana Technologies Inc V.EGT

Alternate Symbol(s):  EGTYF

Eguana Technologies Inc. designs, markets, manufactures and sells fully integrated energy storage solutions, based on its power electronics platform, for global residential and commercial markets. The Company connects utilities with consumers, through its commercial and residential energy storage solutions. The Company also markets and sells a suite of micro inverter products, which are integrated with its energy storage platform, providing consumers with a full solar + storage system architecture for residential and commercial applications. The Company’s product lines are based on a patented, software-driven, advanced power control technology platform. Its products include Evolve and Elevate. Its Evolve is a storage solution for homes large and small, which provides a fully automated backup solution for multi-day power outages. Its Elevate is engineered to reduce peak loads and reduce demand charges for small commercial and industrial applications.


TSXV:EGT - Post by User

Bullboard Posts
Comment by SGordBon Feb 18, 2011 5:48pm
240 Views
Post# 18161611

RE: RE: RE: Revenue of new order?

RE: RE: RE: Revenue of new order?Now I see it. For some reason, STG's latest pdfs aren't searchable beyond the first page, or at all, for impatient investors like me. Thanks for doing my DD for me <g>. I'm now reading the MD&A, and it's quite encouraging. The Ontario micro-FIT market alone, by STG's modest reckoning (e.g. 20% share of the ground-based market, where their high-yield, low voltage, survive-Canadian-winter inverters should be extremely competitive), is likely to bring them 25MW of business thru Q1 2012, or about $13M in sales. How much of the new 50MW order from SRI should be subtracted from that estimate, I don't know, but if they sell 60MW thru Q1 2012 (i.e. next 4 quarters), that would probably be revenue of $30M+ (not counting their still low sales outside Canada) for a forward P/S ratio of less than 1 at today's closing price of 16.5 cents.  A larger inverter company, Satcom, which is also seeing an explosion in sales (6-fold from 2009-2011) has a forward P/S ratio of 1.7. Give STG, which appears to be undergoing a ~15-fold sales pop in one or two years, a 1.5 forward P/S, and it's fair value would be 27.5 cents.
Bullboard Posts