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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

Comment by Joseisokon Nov 09, 2021 9:49pm
167 Views
Post# 34107895

RE:RE:RE:RE:10,000 units over 3 years

RE:RE:RE:RE:10,000 units over 3 years
mistylake wrote: who knows? I guess we will find out more when they report their financials. JH says that there are larger deals than the Duracell deal in the works.  Margins are expected to improve once they work with the likes of Freyr.  The SP went to 60 cents previously on practically no news, now we are doing a minimum of 10000 units with the number 1 brand in batteries in the US. For the longs (i've been here since 2016) - this is the one of the most positive announcements we have had in company history.  It proves that the tech is going mainstream and will be sold in significant numbers - then we can start to focus on margins and revenue.  
        There's plenty of competition, the profit margin could be very thin.

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