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Bullboard - Stock Discussion Forum Lion Electric Ord Shs LEGWQ


Primary Symbol: T.LEV Alternate Symbol(s):  LEVGQ | T.LEV.WT | LEVWQ | T.LEV.WT.A

The Lion Electric Company is a manufacturer of zero-emission vehicles. The Company creates, designs and manufactures all-electric class 5 to class 8 commercial urban trucks and all-electric school buses. It is engaged in electric transportation and designs, builds and assembles many of its vehicles' components, including chassis, battery packs, truck cabins and bus bodies. Each Lion vehicle is... see more

TSX:LEV - Post Discussion

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Post by Dibah420 on Feb 25, 2022 11:40am

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Overall quite good.  Challenges remain with supply chain issues but are being worked on.
Let's recall Zack's full year sales estimate was between $44m &  $48.5m.  Actual number was $57.7 for FY2021.  So quite a beat. 
For next year sales Z was  $137m to $301m  with average @  $229.1m.

Management is being cagey about guidance and will only cite an orderbook of $575m.  Question remains how many Q's will it take to convert into deliveries/sales?

Market seems to like the results.  Up 7%.  Glad I added some this week.
Expect shares to trade in a range for the next several q's.  Still quite a few hills to climb.

Cheers.
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