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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 Rokas92on Dec 24, 2024 9:20am
76 Views
Post# 36376218

Exro - The Sheep of Wall Street

Exro - The Sheep of Wall Street

Well, it is the season to be jolly! Another round of dilution is imminent. Market cap is less than 50 million, which means Exro will have to raise money of 1/2 of the market cap to keep paying honest CEO, amazing CFO and the rest of the poor souls, who keep working hard doing ... ummm cleaning and dusting of the idle facility I guess. What a mysterious company. Ohh and annual raises are due too. Hope the annual reviews went well. Metrics are good, KPIs are lovely. Sorry what? Sales people brought how many clients in? How many Coild Drivers and Cell Drivers sold? 1? Okay, thanks! Here is a bonus! 

I guess Exro's present this year is a bag of coal, ehem, I mean a lawsuit, which is a good reminder, hopefully a wake up call for the Board of Directors to do their job for once! 

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