Exro Technologies Inc.
TSX:EXRO Stock Report
Exro Technologies Future Growth
Future criteria checks 2/6 Exro Technologies is forecast to grow earnings and revenue by 12.6% and 89.4% per annum respectively. EPS is expected to grow by 54.3% per annum. Return on equity is forecast to be -37.6% in 3 years.
Key information
12.6%
Earnings growth rate
Electrical earnings growth 18.3% Revenue growth rate 89.4% Future return on equity -37.6% Analyst coverage Low
Last updated 01 Nov 2024
Recent future growth updates
Consensus revenue estimates fall by 37% Nov 03
Consensus revenue estimates decrease by 23%, EPS upgraded Sep 24
Consensus revenue estimates fall by 51% Aug 21
Consensus revenue estimates increase by 13%, EPS downgraded May 31
Price target decreased by 22% to CA$1.28 May 30
Consensus revenue estimates fall by 34% May 23
Show all updates Exro Technologies Inc. to Report Q3, 2024 Results on Nov 13, 2024 Nov 06
Consensus revenue estimates fall by 37% Nov 03
Consensus revenue estimates decrease by 23%, EPS upgraded Sep 24 Exro Technologies Inc. has completed a Composite Units Offering in the amount of CAD 25.00015 million. Sep 13
Exro Technologies Inc. has filed a Follow-on Equity Offering. Sep 05
Consensus revenue estimates fall by 51% Aug 21
Second quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind Aug 16
New minor risk - Share price stability Aug 15
Exro Advances Medium Duty Battery Electric Powertrain Integration with Coil Driver™ Project Aug 14
Consensus revenue estimates increase by 13%, EPS downgraded May 31
Price target decreased by 22% to CA$1.28 May 30
Consensus revenue estimates fall by 34% May 23
First quarter 2024 earnings: EPS and revenues miss analyst expectations May 17
High number of new and inexperienced directors Apr 19
New major risk - Shareholder dilution Apr 07
New major risk - Revenue and earnings growth Apr 03
Full year 2023 earnings released: CA$0.31 loss per share (vs CA$0.29 loss in FY 2022) Apr 02
No longer forecast to breakeven Feb 27
New minor risk - Market cap size Feb 27
Consensus revenue estimates decrease by 51% Feb 24
Price target decreased by 23% to CA$1.73 Feb 23 Exro Technologies Inc. (TSX:EXRO) agreed to acquire SEA Electric LLC for approximately $300 million . Exro Technologies Inc. (TSX:EXRO) agreed to acquire SEA Electric LLC for approximately $300 million .
Is Exro Technologies (TSE:EXRO) A Risky Investment? Jan 12
New minor risk - Profitability Dec 24
No longer forecast to breakeven Dec 24
Forecast to breakeven in 2025 Nov 18
New major risk - Financial position Nov 17
Consensus revenue estimates decrease by 48% Nov 16
Third quarter 2023 earnings: EPS and revenues miss analyst expectations Nov 15
Price target decreased by 7.2% to CA$2.78 Oct 26
Is Exro Technologies (TSE:EXRO) A Risky Investment? Aug 29
Consensus revenue estimates fall by 19% Aug 24
Forecast to breakeven in 2024 Aug 15
New minor risk - Financial position Aug 12
Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind Aug 11
High number of new and inexperienced directors Jul 13
Exro Technologies Inc. Files Two New U.S. Provisional Patent Applications Jun 23
Price target decreased by 9.1% to CA$3.00 Jun 19
Exro Technologies Inc. Announces Jill Bodkin Will Not Be Standing for Re-Election as Board Director and Chair of the Audit Committee Jun 10 Exro Technologies Inc. announced that it has received CAD 34.93125 million in funding
Consensus revenue estimates increase by 66% May 19
Consensus revenue estimates increase by 66% May 17 Exro Technologies Inc. announced that it expects to receive CAD 30.375 million in funding May 16
Forecast to breakeven in 2024 Feb 03 Exro Technologies Inc. announced that it expects to receive CAD 15 million in funding Dec 08
Independent Director recently sold CA$136k worth of stock Dec 03
Exro Technologies Inc. Achieves International Organization for Standardization ISO 9001:2015 Certification Nov 22
ePropelled Inc. Resolves Patent Dispute with Exro Technologies Inc Nov 19
Consensus forecasts updated Nov 17
Exro Technologies' Announces Resolution to Its Patent Dispute with ePropelled Inc Nov 16
Price target decreased to CA$2.94 Nov 16
High number of new and inexperienced directors Nov 16
Exro Technologies Energy Storage System Demonstrates Industry-Leading Performance in Phase One UL Certification Tests Sep 28
Executive Chairman recently sold CA$75k worth of stock Sep 25 Exro Technologies Inc. announced that it has received CAD 1.473944 million in funding Sep 22
Executive Chairman recently sold CA$79k worth of stock Sep 18
Price target decreased to CA$3.58 Sep 08 Exro Technologies Inc. has completed a Composite Units Offering in the amount of CAD 8.82 million. Sep 02
Exro Technologies Inc. Announces Submission of Energy Storage System for UL Certification Aug 10
Price target decreased to CA$4.29 Aug 09
Earnings and Revenue Growth Forecasts TSX:EXRO - Analysts future estimates and past financials data (CAD Millions) Date Revenue Earnings Free Cash Flow Cash from Op Avg. No. Analysts 12/31/2026 234 -42 2 6 2 12/31/2025 158 -70 -30 -19 4 12/31/2024 28 -93 -53 -53 5 6/30/2024 11 -67 -61 -55 N/A 3/31/2024 5 -55 -45 -38 N/A 12/31/2023 6 -51 -51 -43 N/A 9/30/2023 4 -45 -48 -40 N/A 6/30/2023 2 -43 -42 -33 N/A 3/31/2023 2 -38 -42 -32 N/A 12/31/2022 2 -40 -42 -31 N/A 9/30/2022 0 -34 -43 -31 N/A 6/30/2022 0 -33 -41 -28 N/A 3/31/2022 0 -28 -35 -24 N/A 12/31/2021 N/A -25 -30 -20 N/A 9/30/2021 N/A -22 -21 -15 N/A 6/30/2021 N/A -18 -16 -12 N/A 3/31/2021 N/A -16 -12 -10 N/A 12/31/2020 N/A -11 -8 -7 N/A 9/30/2020 N/A -8 -7 -6 N/A 6/30/2020 N/A -6 -5 -5 N/A 3/31/2020 N/A -5 -4 -4 N/A 12/31/2019 N/A -5 -4 -4 N/A 9/30/2019 N/A -4 -3 -3 N/A 6/30/2019 N/A -4 -3 -3 N/A 3/31/2019 N/A -3 -3 -3 N/A 12/31/2018 N/A -3 -3 -3 N/A 9/30/2018 N/A -3 -2 -2 N/A 6/30/2018 N/A -4 -2 -2 N/A 3/31/2018 N/A -3 N/A -2 N/A 12/31/2017 N/A -3 N/A -2 N/A 9/30/2017 N/A -3 N/A -1 N/A 6/30/2017 N/A -1 N/A 0 N/A 3/31/2017 N/A -1 N/A 0 N/A 12/31/2016 N/A -1 N/A 0 N/A 9/30/2016 N/A -1 N/A 0 N/A 12/31/2015 N/A 0 N/A 0 N/A
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Analyst Future Growth Forecasts
Earnings vs Savings Rate: EXRO is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: EXRO is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: EXRO is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: EXRO's revenue (89.4% per year) is forecast to grow faster than the Canadian market (7.2% per year).
High Growth Revenue: EXRO's revenue (89.4% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: EXRO is forecast to be unprofitable in 3 years.
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