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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Exro Technologies
Exro Technologies (EXRO) investor relations material
Exro Technologies has been delisted
Exro Technologies Q2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2025 earnings summary13 Aug, 2025
Executive summary
Revenue reached $2.9 million in Q2 2025, driven by delivery of 18 electric propulsion units and aftersales services.
Completed strategic wind-down of Asia-Pacific operations, retaining intellectual property and key subsidiaries.
Accessed $10 million of a $30 million debt facility to support ongoing operations.
Financial highlights
Q2 2025 revenue declined to $2.9 million from $4.7 million in Q2 2024 due to reduced unit volumes and slower EV adoption.
Gross margin per unit improved year-over-year, excluding inventory provisions.
Net loss from continuing operations was $81.7 million, including significant non-cash adjustments.
Outlook and guidance
Strategic review process remains ongoing, with active negotiations with potential partners.
Continued access to interim finance facility as needed; no assurance of transaction completion.
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Latest events from Exro Technologies
- Record revenue, cost savings, and OEM growth offset by 2025 guidance withdrawal amid U.S. uncertainty.EXRO
Q4 2024 - Revenue soared as commercial deliveries scaled, with cost actions improving gross margin trends.EXROQ1 2025
- Record Q3 revenue, cost savings, and Stellantis partnership drive strong growth.EXROQ3 2024
- Record Q2 revenue, cost savings, and new certifications drive growth and profitability.EXROQ2 2024
Exro Technologies
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Frequently asked questions
Exro Technologies Inc. specializes in the development of innovative power control technologies that enhance the performance and efficiency of electric motors and batteries. The company's signature products, the Coil Driver and Cell Driver, represent breakthroughs in the electric vehicle and energy storage sectors. The Coil Driver is a next-generation traction inverter that optimizes electric motor performance by dynamically switching between two modes for improved torque, power, and efficiency. The Cell Driver, on the other hand, is a comprehensive energy storage solution designed for commercial and industrial applications, enhancing battery safety, capacity, and lifespan. The company is headquartered in Calgary, Canada, and its shares are listed on the Toronto Stock Exchange under the ticker symbol EXRO.