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Bullboard - Stock Discussion Forum 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... see more

TSX:EXRO - Post Discussion

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Post by CdnEastwood on Sep 30, 2024 3:56pm

Q2

Not sure if everyone here realizes that EXRO Q3 is actually Q2 of the unit deliveries. So as we go into Q4 we are only on Q3 of the delivery ramp up. Q4 for this reference ends March 31/25.

Thats a fact, time for ramp up.
Comment by Beret888 on Sep 30, 2024 4:53pm
No Eastwood read the news release.  It says 1000 propulsion systems in 2024, not 2024 plus how ever many quarter it takes us to produce something....  But it doesnt matter anyway, the goal was to sell shares, everything else is window dressing.  Sue will just keep adding to the lineup of abandoned partners that fade away once the equity they would have produced is sold in the ...more  
Comment by CdnEastwood on Sep 30, 2024 5:15pm
lol, it's only end of Q2 for production since acquisition. We will have to agree to disagree even though I am correct.
Comment by Beret888 on Sep 30, 2024 6:51pm
I guess you are illiterate...  Probably cant afford glasses since you have sunk so much money into this boat anchor.  Direct quote from the news release. Targeting delivery of more than 1,000 propulsion technology systems to OEMs in 2024 Heres the link for you to check for yourself.  Maybe if you read some filings you would realize why your down 95%. https://www.exro.com/news ...more  
Comment by Viking2233 on Sep 30, 2024 7:01pm
 says delivery of 1000 units in 2024 which does not equate to immediate income. I would assume if we use 90 days net billing and December 31, we should look to Late March/April to realize payment which may reflect on Income in May 2025
Comment by Beret888 on Sep 30, 2024 9:16pm
The 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 ...more  
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