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Exro Technologies Inc T.EXRO

Alternate Symbol(s):  EXROF | T.EXRO.WT | T.EXRO.WT.A

Exro Technologies Inc. is a clean technology company. The Company is engaged in developing power control electronics that expand the capabilities of electric motors and batteries. Its technologies include e-mobility (Coil Driver) and stationary energy storage (Cell Driver). The Coil Drive technology is an adaptive traction inverter that replaces the standard 3-phase inverter in electric vehicles. Utilizing its patented coil switching technology, the Coil Driver enables the motor to dynamically switch between two modes, series mode optimized for high torque at low speeds, and parallel mode optimized for high power and efficiency at high speeds. The Cell Driver technology is a fully integrated energy storage system designed for commercial and industrial applications. Its SEA-Drive power system provides a complete e-propulsion solution to original equipment manufacturers. It encompasses everything from high-capacity batteries and electric motors to next-generation control units.


TSX:EXRO - Post by User

Comment by Exergyon May 11, 2022 9:31am
150 Views
Post# 34673549

RE:RE:Another multi year P.O. This one with EvTS .

RE:RE:Another multi year P.O. This one with EvTS .
Well, this is a company with zero revenues so far. What any reasonable investor is looking for now are POs (first stage of commercialization) get as many as you can. You can't increase the bottom line before bringing in revenues. As for the bottomline, we know it will be negative for 2022 and even 2023 which is very normal. Next after securing a good amount of revenues, we start looking at the gross margin and later the operating profit to calculate the intrinsic value (net income shouldn't even be in your mind at this stage. One more thing, if you bought this company earlier at $3, $4...$5 when it was in a development stage with zero PO. If you are willing to take that risk then you should seriously think of buying a lot more now that the share is in $1.30s and the company already announced 2 POs
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