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VivoPower International ( (VVPR) ) has shared an announcement.
On April 11, 2025, VivoPower International’s subsidiary, Tembo e-LV, signed a significant distribution agreement with Saudi Arabian company Green Watt, valued at up to US$85 million. This agreement involves the sale and distribution of 1,600 Tembo electric utility vehicles across Saudi Arabia over five years. This strategic partnership underscores both companies’ dedication to advancing sustainable energy solutions in the region, aligning with Saudi Arabia’s ambitious carbon reduction goals. The collaboration is expected to accelerate the deployment of electrification technology in the Kingdom, supporting its transition to a greener economy and offering a practical pathway to electrification through vehicle conversions.
Spark’s Take on VVPR Stock
According to Spark, TipRanks’ AI Analyst, VVPR is a Underperform.
VivoPower International’s overall stock score is low due to severe financial distress, including declining revenues, persistent losses, and high leverage. Technical analysis offers some optimism with upward momentum, but overbought conditions present risks. The valuation remains unattractive, highlighted by the negative P/E ratio. Immediate strategic changes are crucial for financial recovery.
To see Spark’s full report on VVPR stock, click here.
More about VivoPower International
VivoPower International PLC is a global sustainable energy solutions company, established in 2014 and listed on Nasdaq since 2016. It focuses on electric solutions for off-road and on-road fleet applications, providing turnkey decarbonization solutions. VivoPower operates in multiple countries, including Australia, Canada, the Netherlands, the United Kingdom, the United States, the Philippines, and the United Arab Emirates. Its subsidiary, Tembo, specializes in electric utility vehicles for various industries, including mining, agriculture, and energy utilities.
YTD Price Performance: 136.17%
Average Trading Volume: 5,813,378
Technical Sentiment Signal: Sell
Current Market Cap: $14.78M
For a thorough assessment of VVPR stock, go to TipRanks’ Stock Analysis page.
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