Detail akcie Redflow Ltd online

Business Summary: Redflow Limited is a flow battery company. The Company's principal activity consists of the development, manufacture and sale of its zinc-bromine flowing electrolyte battery module (ZBM). The Company's batteries provide sustainable energy storage solutions for various applications, including telecommunications, renewables integration, on and off grid remote power, microgrids and smart grids, and transmission and distribution deferral. The Company's products include ZBM2, ZBM3 and Large Scale Battery (LSB). ZBM2 is used for supporting telecommunications and commercial projects. ZBM3 is used for supporting commercial projects. LSB is used for commercial and utility applications. The Redflow LSB is a plug-and-play large energy storage system in an approximately 20 feet shipping container with scalable energy capacity and round the clock monitoring capability. ZBM3 is used for storing and shifting renewable energy, managing peak grid load and supporting off-grid power systems.
Financial Summary: BRIEF: For the fiscal year ended 30 June 2019, RedFlow Ltd revenues decreased 45% to A$979K. Net loss decreased 4% to A$11.6M. Revenues reflect Sale of Goods decrease of 54% to A$800K. Lower net loss reflects Manufacturing transition costs decrease from A$923K (expense) to A$0K, Other expenses decrease of 36% to A$588K (expense), Professional fees decrease of 39% to A$492K (expense).