Its been bugging me what happened to that big glut or orders that BCC reported around 12 months ago. Below are the latest "shipped and invoiced" numbers for Zoleo from the 4C, and I've also pulled out a bar chart that I compiled a year ago from the numbers that BCC supplied to the market showing when the units were scheduled to be shipped. What clearly emerges is that the company have not been meeting their own manufacturing and shipping targets for the past 3 quarters. For Q3 FY22, they were short by ~7,000 units, Q4 FY22 short by ~28,000 units and for Q1 FY23 another ~5000 units. Add to that the 20,000 units that were ordered and scheduled for delivery for Q2/Q3 FY23, they appear to have ~60,000 units on the order books. Plus any
further orders that have been received in the last 9 months. I'm guessing they now have a delivery time for Zoleo that has now blown out to 12-18 months. The 4C vaguely says they currently have
more than 60,000 units on order, which is consistent with these numbers. However, without the growth in production to meet the demand, its perhaps not surprising the revenues appear sluggish. It seems quite optimistic that they hope to supply an expanded European market too.
All IMHO, DYOR
