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canadajim

03/01/15 3:37 PM

#18553 RE: aassnnaapp #18550

Good snag aassnnaapp!

Paul Middleton had the 2014 revenue breakout at about 50% GenDrive, 20% infrastructure, and 30% GenFuel+GenCare+ReliOn. Combined with a $65M inferred total revenue and delivery of 2600 GenDrives in 2014 the approximate revenue per unit is about $13K.

Shipping 1704 stacks in one quarter (ending 12/31/14) represents a run rate of approximately 2.6X the average run rate for all GenDrives in 2014.