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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

Comment by Napcooon Jun 08, 2024 10:21am
140 Views
Post# 36079140

RE:RE:My estimation of revenue

RE:RE:My estimation of revenue This has been circulated a while, no way of verifying, but sounds like exro way of communicating

Quote from Darrell Bishop last week of May in convo with Freebrit. “We will deliver more propulsion systems in May then Sea did in all of 2023 and more than they did in Q1 before we closed in April.”

Assuming $0.2 mln per sea drive, 85 units delivered in 2023, 50 units delivered in Q1, 2024, so best case scenario, they delivered 85 units of sea drive in May, 2024, about $17 mln in revenue, well above analysts estimated $12.92 mln in Q2, well above Sue 's recent promise of delivery of 250 units in 180 days post merger

If this were true, where is the letter to shareholders? We are still a rumor running company
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