Invinity is commercialising its leading vanadium flow battery (VFB) technology into a market growing at over 40% pa. Invinity's VS3 battery is already competitive with an enhanced product under development. Revenue is set to quintuple this year and, on our forecasts, continues to grow rapidly with gross margins of 30-40% generating a net profit from 2026. Assuming the sales pipeline crystallises, Invinity could be fully funded through to net free cash generation. The stock has been harshly treat ....
14 Sep 2022
Invinity Energy Systems - Get with the V-flow
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Invinity Energy Systems - Get with the V-flow
Invinity Energy Systems PLC (IES:LON) | 23.8 0 0.0% | Mkt Cap: 45.4m
- Published:
14 Sep 2022 -
Author:
Colin Smith -
Pages:
41
Invinity is commercialising its leading vanadium flow battery (VFB) technology into a market growing at over 40% pa. Invinity's VS3 battery is already competitive with an enhanced product under development. Revenue is set to quintuple this year and, on our forecasts, continues to grow rapidly with gross margins of 30-40% generating a net profit from 2026. Assuming the sales pipeline crystallises, Invinity could be fully funded through to net free cash generation. The stock has been harshly treat ....