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OTCMKTS:EXROF

Exro Technologies 11/9/2023 Earnings Report

Exro Technologies logo
$0.04 0.00 (-6.95%)
As of 03:53 PM Eastern

Exro Technologies EPS Results

Actual EPS
-$0.04
Consensus EPS
-$0.05
Beat/Miss
Beat by +$0.01
One Year Ago EPS
N/A

Exro Technologies Revenue Results

Actual Revenue
$1.52 million
Expected Revenue
N/A
Beat/Miss
N/A
YoY Revenue Growth
N/A

Exro Technologies Announcement Details

Quarter
Time
Before Market Opens
Conference Call Date
N/A
Conference Call Time
N/A

Conference Call Resources

Exro Technologies Earnings Headlines

Financial Comparison: Exro Technologies (EXROF) & The Competition
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Exro Technologies Provides Corporate Update
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About Exro Technologies

Exro Technologies (OTCMKTS:EXROF) is a Canada-based technology company specializing in power management solutions for the electric vehicle (EV) and renewable energy sectors. Founded in 2015 and headquartered in Vancouver, British Columbia, Exro has developed a portfolio of software-driven power electronics designed to optimize energy consumption and enhance the performance of electric motors and battery systems. The company has positioned itself as an innovator in coil switching inverter technology, seeking to deliver increased efficiency, reduced material usage and improved system flexibility.

The core of Exro’s product offering centers on its Generation 3 Coil Driver, which serves as an advanced inverter solution capable of adapting voltage and amperage to match varying load requirements. This platform is complemented by the e^6 Intelligent Control System, a battery management system (BMS) engineered to extend battery life, reduce degradation and improve overall energy throughput. In addition, Exro has introduced the Heavy Electric Truck (HET) eDrive module, targeting commercial vehicle applications by integrating its inverter and control software to provide enhanced torque management and energy efficiency.

Exro operates across multiple geographies, including North America, Europe and Asia, leveraging partnerships with original equipment manufacturers (OEMs), system integrators and research institutions to co-develop and test solutions. The company maintains offices and R&D facilities in Canada, Sweden and Germany, and has participated in demonstration projects spanning industrial stationary storage installations to electric mobility pilots. Through these collaborations, Exro seeks to address a broad spectrum of energy challenges, from grid stabilization and renewable energy storage to the electrification of heavy-duty transport.

Under the leadership of CEO Susan “Sue” Ozdemir and Chairman Mark Gilliard, Exro continues to evolve its technology roadmap and expand strategic alliances. The management team’s background in power electronics, energy systems and commercial scaling has guided Exro through successive product milestones, regulatory certifications and pilot deployments. With a commitment to innovation and sustainability, the company aims to play a pivotal role in the global transition to cleaner, more efficient electrified systems.

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