Slides from Wrightspeed presentation Feb 24, 2015:
slidesharedotnet/IanWelch1/wrightspeed-the-deck
The last slide is extremely interesting, although I'm not certain what to make of it. The $5.7 million backlog is easily parsed - that would be the 25 retrofits for FedEx plus 17 or so for the Ratto Group garbage haulers.
But "$36 million pipeline" ?!?
As is pointed on the Yahoo board where I found the link that's approximately 288 units (which assumes $125,000 each (although $5.7m / (25+17) = closer to $135K).
Either way, that's quite a few turbines. I just wish I knew a) who exactly gave this presentation and to whom, and b) define "pipeline" please. What's the threshold where an inquiry or a potential sale meets that standard? Are they all potential fleet sales? Same fleets we're already booking or is the customer base expanding? Over what timeline does pipeline become mainline? I'll just be over here on the sideline.
