![]() ![]() Dividend Yield A company's dividend expressed as a percentage of its current stock price. Restricted stock typically is that issued to company insiders with limits on when it may be traded. To calculate, start with total shares outstanding and subtract the number of restricted shares. Public Float The number of shares in the hands of public investors and available to trade. ![]() ![]() Shares Outstanding Number of shares that are currently held by investors, including restricted shares owned by the company's officers and insiders as well as those held by the public. For companies with multiple common share classes, market capitalization includes both classes. Market Cap is calculated by multiplying the number of shares outstanding by the stock's price. Market Capitalization Reflects the total market value of a company. Earnings Per Share (TTM) A company's net income for the trailing twelve month period expressed as a dollar amount per fully diluted shares outstanding. Redflow saw revenue of AU$1,174,242 (US$833,000) in the second half of 2021, a 172% increase, as covered by /E Ratio (TTM) The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations for the trailing 12 month period. ![]() Redflow will supply 18 of its 10kWh ZBM batteries to supply power for critical infrastructure. Last week, the company announced that it had won a tender to provide 180kWh of battery storage as main supplier to the Australian government’s Bureau of Meteorology emissions reduction and reliability project. It expects this to increase to 80MWh by end-2023, for which the AU$6 million will be required. Its main markets to-date have been Australia and the US and it serves these from a manufacturing facility in Thailand which is set to end 2022 with a 30MWh annual production capacity. It cited 1,124% and 106% increases in lithium and cobalt prices respectively over the last year and a half, versus just 48% and 29% respective rises for zinc and bromine.Īnd within the flow battery space, Reflow claims its technology has an energy and power density up to three times higher than iron flow, vanadium and other zinc-based batteries. It cited trade group LDES Council’s figures that say global cumulative LDES (defined as eight hours-plus duration) deployments could reach 85-140TWh by 2040, and said the market is increasingly looking beyond lithium-ion to do this. The company claimed to be a leader in medium duration energy storage with 250-plus active deployments with experience in ‘multi-MWh’ scale, although its largest ever deployment is 2MWh, ordered in March last year by a waste-to-energy facility in California. The presentation outlined the value proposition for non-lithium batteries for long duration energy storage (LDES) and, more specifically, its own zinc bromine technology. The company has a market capitalisation of UA$81 million (US$57 million) at the time of writing, and in July 2021 it raised AU$5 million from corporate finance firm New Technology Capital Group.Īnd in an investor presentation released concurrently with the trading halt announcement, it said it requires AU$6 million in additional capex to ramp up its Thailand production facility from 30MWh (end 2022) to 80MWh by the end of 2023. It has not yet revealed how much it is planning to raise but past moves, its current size and recent statements may give a rough idea. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |