In the recent quarterly, BCC showed a graph of the number of ZOLEO units shipped and invoiced, by quarter/year (see below). I've been wondering how this compares to the number of units on order, so I've gone back through their anns, and reconstructed the data and graphed it on a similar scale (see below).
It looks to me that the number or orders is now is the process of skyrocketing (that's a good thing), but their rate of production will now have to increase quite dramatically to keep up. They've just reported a number of 16,000 shipped for Q2 FY22, but orders are now running at >30,000 per quarter. It appears they've shipped about 65,000 units to date, leaving a backlog of 77,000 on order from 142,000 ordered in total. They don't don't seem to mention anything in the quarterly about increasing the production of ZOLEO units. I guess this huge jump in orders has essentially happened in H1 FY22, and it will take time for BCC to ramp up production.
All IMHO, DYOR
BCC Price at posting:
36.0¢ Sentiment: Hold Disclosure: Held
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