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Exro Technologies
(OTC:EXRO)
Exro Technologies (EXRO) vs. iShares MSCI Canada ETF (EWC)
Exro Technologies Business Overview & Revenue Model
Exro Technologies Earnings Call Summary
Exro Technologies Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 23.89M | 23.07M | 5.74M | 2.19M | 0.00 | 0.00 |
| Gross Profit | -14.72M | -8.64M | 2.53M | 284.76K | -700.86K | -194.29K |
| EBITDA | -333.78M | -273.57M | -42.80M | -36.92M | -30.29M | -10.44M |
| Net Income | -353.31M | -288.93M | -50.62M | -42.81M | -18.51M | -11.00M |
Balance Sheet | ||||||
| Total Assets | 89.81M | 176.34M | 60.14M | 60.88M | 45.99M | 50.17M |
| Cash, Cash Equivalents and Short-Term Investments | 3.56M | 2.26M | 6.24M | 17.44M | 15.35M | 48.30M |
| Total Debt | 134.75M | 110.62M | 18.94M | 18.84M | 5.18M | 388.11K |
| Total Liabilities | 164.97M | 153.63M | 27.57M | 25.46M | 8.22M | 2.17M |
| Stockholders Equity | -75.17M | 22.71M | 32.57M | 35.42M | 37.77M | 48.01M |
Cash Flow | ||||||
| Free Cash Flow | -53.41M | -53.45M | -51.44M | -41.57M | -30.31M | -8.21M |
| Operating Cash Flow | -52.46M | -51.47M | -42.61M | -31.34M | -20.24M | -7.22M |
| Investing Cash Flow | -1.56M | -2.64M | -9.06M | -9.51M | -15.79M | -802.70K |
| Financing Cash Flow | 53.86M | 54.59M | 39.83M | 43.66M | 3.11M | 55.83M |
Exro Technologies Technical Analysis
Exro Technologies Peers Comparison
Exro Technologies Corporate Events
Exro Technologies Inc. has announced the discontinuation of its US business operations, impacting various subsidiaries and leading to a reduction in non-essential US staff. This strategic decision comes amidst a potential delisting review by the Toronto Stock Exchange, which could affect the company’s market presence and stakeholder confidence.
The most recent analyst rating on (TSE:EXRO) stock is a Sell with a C$0.16 price target. To see the full list of analyst forecasts on Exro Technologies stock, see the TSE:EXRO Stock Forecast page.
Exro Technologies has announced the resignation of its CEO, Sue Ozdemir, who will remain on the board of directors. The company has appointed Chris Rankin as Chief Restructuring Officer to guide the company through its transitional phase, indicating a strategic shift in leadership to potentially enhance its operational and market positioning.
The most recent analyst rating on (TSE:EXRO) stock is a Sell with a C$0.16 price target. To see the full list of analyst forecasts on Exro Technologies stock, see the TSE:EXRO Stock Forecast page.
Exro Technologies Inc. has announced a strategic review process that may involve the sale of its intellectual property and certain business components. In response to financial challenges, the company has laid off approximately 60 employees and is working to renegotiate terms with its senior secured lender to maintain access to a credit facility. Furthermore, Exro has postponed its annual general meeting, with a new date to be announced later.
The most recent analyst rating on (TSE:EXRO) stock is a Sell with a C$0.16 price target. To see the full list of analyst forecasts on Exro Technologies stock, see the TSE:EXRO Stock Forecast page.
Exro Technologies Inc. is a leading technology company specializing in power control solutions for electric vehicles and energy storage, known for its innovative products like Coil Driver™, Cell Driver™, and SEA-Drive®. The company recently reported its financial results for the second quarter of 2025, highlighting a revenue of $2.9 million from the delivery of 18 electric propulsion units and aftersales services. Despite a decrease in revenue compared to the previous year, Exro Technologies has improved its gross margin per unit and continues to focus on strategic adjustments. The company reported a net loss of $81.7 million, largely due to non-cash adjustments related to the strategic wind-down of its Asia-Pacific operations and inventory provisions. Exro Technologies is actively engaged in negotiations with strategic partners and continues to utilize its US$30 million interim finance facility. Looking ahead, the company remains committed to reshaping global energy consumption and advancing towards a more efficient and electrified economy.
Exro Technologies reported a revenue of $2.9 million for Q2 2025, reflecting a decrease from the previous year due to slower EV adoption rates. The company completed a strategic wind-down of its Asia-Pacific operations, resulting in significant non-cash adjustments, including a $48.5 million impairment of intangible assets and an $11.1 million inventory provision. Exro continues its strategic review process and is negotiating with potential partners to enhance its market position.
The most recent analyst rating on (TSE:EXRO) stock is a Hold with a C$0.15 price target. To see the full list of analyst forecasts on Exro Technologies stock, see the TSE:EXRO Stock Forecast page.
Exro Technologies reported a revenue of $2.9 million for Q2 2025, a decrease from the previous year, due to slower EV adoption rates. The company completed the strategic wind-down of its Asia-Pacific operations, retaining key intellectual property and subsidiaries, and accessed $10 million from a $30 million debt facility. Despite a net loss of $81.7 million, Exro improved its gross margin per unit and made significant non-cash adjustments, including a $48.5 million impairment of intangible assets and an $11.1 million inventory provision. The company continues its strategic review process and is in negotiations with potential partners, although no transactions are guaranteed.
The most recent analyst rating on (TSE:EXRO) stock is a Hold with a C$0.15 price target. To see the full list of analyst forecasts on Exro Technologies stock, see the TSE:EXRO Stock Forecast page.