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Tuesday, 08/09/2022 11:52:10 AM

Tuesday, August 09, 2022 11:52:10 AM

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reported FY21 sales growth of 30.7% year-on-year, to $55.26 million.
The revenue increase was driven mainly by consumer products due to higher sales volume from existing and new customers.
Revenue from the company's EV segment increased 382.4% to approximately $1.9 million in fiscal 2021.
The gross profit jumped 133% Y/Y to $10.4 million and the gross margin expanded by 830 basis points to 18.9%.
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