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Azure Dynamics Corp AZDDQ

Azure Dynamics Corporation (Azure) is engaged in the development and sale of electric vehicle (EV) and hybrid electric vehicle (HEV) systems and components. HEV systems include an electric motor, an energy storage system (batteries or ultracapacitors), and an additional power source, such as an internal combustion engine/generator. An EV does not include the additional power source and only includes an electric motor and an energy storage system. It has four wholly owned subsidiaries: Azure Dynamics Inc., Azure Dynamics Incorporated, Azure Dynamics Corporation of America and Azure Dynamics Limited. Azure has developed electric and hybrid electric drive technologies for the light to heavy duty commercial vehicle category (the Technology). Azure has developed three primary product groups, which include full hybrid electric; mild hybrid electric; and pure electric solutions. Target markets include hybrid electric delivery vans and shuttle buses, as well as electric drive applications.


GREY:AZDDQ - Post by User

Bullboard Posts
Post by deedayon Mar 25, 2011 8:16am
259 Views
Post# 18339067

TC Margins

TC MarginsI suspect what disapointed shareholders the most was the statement on margins for the TC "mid teens" was the quoted figure it does not take a rocket scientist to figure out the profit for the TC, always remembering they are the reseller, lets assume the price is $55k total revenue for 1000 units is $55m Azures net to Azure $8.25.  Now I firmly believe that for 2012 we will see a minimum of 3000 units or $165m in revenue $24.75m net to Azure.

Going back to 2011 the company is forcasting 600-700 TC's (low in my opinion) $38.5m now we need to add in all the other revenues Balance, LEEP and Force drive components and it should be well in excess of $80m for 2011.

Bullboard Posts