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ZBB Energy Corporation Common S Message Board

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  • jeff5tg jeff5tg Nov 14, 2011 9:00 AM Flag

    1.6 million in revenues for Q1!!

     

    Yes, I saw it and figured you would see it too. Not bad at all and very pleased to see the new guy on the BOD with a background in finance. Strengthens what was a weakness at ZBB.

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    • moose,
      only $226,107 was product
      $1,411,750 was Engineering and development, is that repeatable? included Completed V3 (ZBB Enerstore™) product development milestone under the Honam development agreement, resulting in $1.2 million of revenue

      can't say it was a great or even good qtr but wasn't expecting much since commercialization is supposed to be in 2012.

      CURRENT ASSETS = CURRENT LIABILITIES
      WHAT'S in the inventory?

      this qtr will have more product sales but question is when will they achieve breakeven.

    • They had 1.9 million at the end of September and got 1.4 million in October so their cash position was 3.3 million as of early October. Also shows a lot of orders 'closed' and still 5.7 million in backlog so I'm sure more revenue came in so far this quarter. No dilution this quarter? Gives new guys time to bring in financing?

      Also said testing was done for UL?

 
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