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Braille Energy Systems Inc. (V:BES)

Business Focus: Automotive Batteries

Sector:  Consumer Cyclicals Industry:  Auto, Truck & Motorcycle Parts
 
See Regulatory Filings on SEDAR
Company Contact
Address: 945 Princess Street, Box 117
KINGSTON ON K7L 0E9
Tel: 1-514-7713398
Website: www.brailleenergysystemsinc.com
IR: See website
Key People
Lindsay Weatherdon
President, Chief Executive Officer, Director
Judith Mazvihwa-maclean
Chief Financial Officer
Ivan Gissing
Chief Technology Officer, General Manager
Business Overview
Braille Energy Systems Inc. is a Canada-based battery-manufacturing and energy storage company. The Company is focused on delivering the battery storage solutions for the industries. The Company supplies batteries to the motor sports industry. The Company provides lightweight battery systems for the transportation market. It distributes and sells absorbent glass mat (AGM) carbon fiber race batteries. The Company supplies battery solutions to various industries, such as motorsport, transportation, marine, avionics, mining, medical, military, rail, back up/stand by and audio. The products are available through a variety of online distributors in United States, overseas, and at local retail outlets.
Financial Overview
For the nine months ended 30 June 2022, Braille Energy Systems Inc revenues increased 17% to C$3.1M. Net loss applicable to common stockholders increased from C$370K to C$2.2M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Higher net loss reflects Stock-based compensation increase from C$133K to C$1.4M (expense), Office increase from C$14K to C$256K (expense).
Reporting Currency: Canadian Dollars
Enterprise value: $5.07M as of Jun 30, 2022
Annual revenue (TTM): $3.93M as of Jun 30, 2022
EBITDA (TTM): -$2.61M as of Jun 30, 2022
Net annual income (TTM): -$2.68M as of Jun 30, 2022
Free cash flow (TTM): -$1.84M as of Jun 30, 2022
Net Debt Last Fiscal Year: N/A
Shares outstanding: 80,939,748 as of Jun 30, 2022
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization