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Message: Re: Electrovaya Announces date for Q2-2024 Financial Results & Conference Call

Onlygame,  I think the $12m will be an absolute low figure.  I am really expecting around $15m for Qtr 2 revenue.  The order volume was supposed to pick up during the third Qtr.  Jamestown module production will be coming online this Qtr so as soon as they get it started up and employees trained they should be moving Raymond/Toyota module assembly to the US.  Not only will that make more room for Japanese production in Mississuagua but will increase the productivity (Increased gross margins).  Mostly due to the US IRA rebates but also increased automation.

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