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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.


TSX:EXRO - Post by User

Exro Technologies Inc > Q2
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Comment by Beret888on Sep 30, 2024 9:16pm
110 Views
Post# 36247602

RE:RE:RE:RE:RE:Q2

RE:RE:RE:RE:RE:Q2The units are recognized as revenue as soon as Mack takes delivery.  If.Mack hasnt paid for them yet they show up in accounts receivable.   If they are partially done or.done but not delivered that shows up in WIP work in progress...  They made 36 in Q2, they arent getting anywhere remotely close to 1000 in 2024.  But Sue already sold the shares with that news release so alls good for Sue, just the left behind bagholders that deal with the consequences of another missed milestone.
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