Exro Technologies Inc T.EXRO

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

Industrials

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.

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Exro Technologies Inc > Earnings worse than expected

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Post by Napcooon Apr 01, 2024 6:32pm

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Post# 35963834

Earnings worse than expected

Q4 revenue 0.9 mln, analyst $1.68 mln, 2023 $5.7 mln analyst expected $6.5 mln, cash ending December 31 was $6.2 mln, expenses per quarter was $4 mln, might be down 5 to 10 cents tomorrow, it's so bad that they have to put it quietly on a holiday after hours

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