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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

Post by Danno13on Jun 07, 2024 7:15am
257 Views
Post# 36076983

AGM Meeting

AGM MeetingFor choosing Mesa for the meeting is probably for stragetic reasons and accessibility to the US investors with deep pockets.The company's technology has been validated and there will be commercial launches for various electric mobility applications in 2024.Exro competes with electric motor -related companies like Siemens, Toshiba,ABB,Nidec, and Rockwell Automation,.These are large companies that buy innovation.They acquire smaller companies that have developed new products because it's cheaper then to spend  on R & D. If you get get a chance go to Yahoo Finance and enter Exro ticker symbol and go to Analysis section and take a look at Earnings Estimates, Revenue Estimates,Growth Estimates for 2024,2025.Yahoo Finance is a good Platform to get market Data .They get there information data from analysts who cover specific stocks.These analysts usually are from investment banks or Investment firms which model forecasts for companies future performance.They estimate metrics like revenue and earnings per share.Aggregator services like Bloomberg,FactSET,S&P Capital IQ, and Refinitiv collect these estimates and create a Consensus EStimate used by traders and investors                                                  Revenue Estimate for EXRO for 2024- $123 million,  for 2025 -$325 Million                                         Earnings Estimate   for 2024  ( -.14 )   for 2025  (-.02)                                                                           Growth Estimates    for 2024  55%       for 2025 85.70%                                                                    Don't lose patiences and don't lose faith in Management
  •  If we do get taken over we will make money .Hopefully we don't and the company signs numerous contracts in 2024
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