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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 Napcooon Jun 08, 2024 9:39am
165 Views
Post# 36079101

My estimation of revenue

My estimation of revenue Sea electric yearly revenue of 2023 was $17 mln in USD, financial year ended on June 30, 2023. $7 mln from Australia, 10 mln from US, this can be trusted as it's audited results.

Inventory was $12 mln at the end of June 30, 2023, increased to $17 mln at the end of September 30, 2023.

revenue of Q3 ended at September 30 2023 was $3.9 mln. Revenue of 6 months ended at Dec 30, 2023 was $7.2 mln, this is unaudited results, for simplicity, we assume revenue of physical year 2023 was $17 mln as the company will not be forthcoming.
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