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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Comment by Pandoraon Apr 01, 2024 8:58pm

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RE:RE:RE:RE:RE:RE:Earnings worse than expected

Napcoo wrote: Correction, estimated sales of coil driver 1.2k units, $17 mln in 2024, 10.6k units, 82 mln coil drivers in 2025, I assume this will be maximum sales

Despite exro repeated projections of $200 mln revenue in 2024, analyst seems to project avg of $99 mln revenue after the merger in 2024

It could be that the approximately $100M difference will be made up by Johnny's favourite 'the cell drivers' c/w battery storage units'.

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