Electrovaya

Welcome to the Electrovaya Hub on AGORACOM (Edit this message through the "fast facts" section)

Q4 Revs    $4.372mil  USD

Q4 Loss     $5.589mil USD

Cash 09/30   $668k USD

P.O. currently in hand   $13mil

Claims MOU's will still have large effect on 2017 revs and growth

1 Customer in UK responsible for doubtful acct/credit loss. Financial difficulty. Still hope to ship if solution is found but for now they are booking it as a loss. Was for components, not modules.

only 1 analyst questioning - Carter Driscoll

Still suggesting (and hoping) they can fund operations with cashflow.

A lot of inventory builtup waiting for shipment.

Hearing big demand for their dropin forklift Li-on module. Currently being testing 24/7 intensely

 

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onlygame
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Treasurer
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Date Joined
08/16/2014
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Electrovaya
Symbol
EFL
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TSX
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Technology & Medical
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