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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 upside80on Jul 26, 2018 3:50pm
207 Views
Post# 28373426

RE:RE:Market Expectations

RE:RE:Market Expectations
gaiter4ever wrote:
the move from MBE to multiple distributors means we have moved from big ticket "sexy" announcements, such as $13M orders to smaller more incremental sales. The benefit in the short term is that the initial MBE deal was for Australia, all these US announcements most likely wouldn't have happened for another couple of years. the other benefit is that we have de-risked the company from a client concentration standpoint. We now are direct with multiple distributors around the world instead of dealing solely with Benz, which keeps us in control of margins and revenue. the reality of the situation is that we have been singing up lots of great distributors with immediate product deliveries, those revenues won't be showing up until Q4 but they will be coming. I wouldn't be surprised to see revenues far exceeding the 13M from the initial MBE deal.


Thanks for this, very much appreciate your perspective and agree with this assessement.
Bullboard Posts