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 sorrensonon Apr 01, 2024 9:39pm

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RE:RE:RE:Earnings worse than expected

That is rediculous.

May 2023 is an offical paid for release stating

2023 2200 coil drivers 29 millon revenue
2024 8725 coil drivers 118 million

Note vicinty was 975 in 2023 and 2250 in 2024
Then add Sept 6 2023 press which adds order for 500 HB4 to be immediately produced and VMC (975 per may)

EXRO has made no corrections to these numbers as is required by OSC and SEC and refued to answer specific questions

But they got the pay cheques woohoo

User image

EXRO Annouces start of production ( check is in the mail)

Napcoo wrote: No meaningful revenue from any drivers in Q4, some may be realized in Q1 2024, but forcasted revenue for Q1 is far below anyone expected, $4.3 Mln, according to the merger documents, expected sales of coil drivers in 2024 is 1000 units, yes, 1000 units only.

So the SP performance is on revenue from sea electric, news pump from exro, not from me