RE:I like the concept but Q2 was announced 10 days ago.
If my math makes sense, based on quarrterly and half year results, sales have to triple from current levels to break even.
Given the rate of sales announcements, which are not easy to figure out, there is no break even on the near or medium term horizon.
As good as the concept sounds, it is not an easy sell and we are unlikely to truly find out why. This thing won that competition several years ago where it sounded like a major utility was going to help roll out the product and nada.
One of my own hypothesis is that there are different ways that potential clients are employing for energy efficiency, there is only so much $ to pick and choose projects, and this is not on the top of the list.