I recorded the 4C presentation and Q&A, it is very poor quality audio. As a M4A file I cannot post it here, but have been able to convert 10 minutes of it covering the Q&A without incurring charges. Start 20 seconds in for the Q&A
Of note is the response to the question, "What confidence is held in the SPS guidance of $35 to 50m ?"
In my own shorthand version, $3,7m achieved in Q1, plus $23m already in backlog, due for completion in FY 2021. So $27m already effectively in the bag.
$8m still required to achieve the lower end of $35m.
The $8m is supported by an estimate that the 3 Chinese high volume partners have a further $50m of business to conclude (not all in FY 2021). A number like that is not plucked from the air without thought, so gives me some confidence on the companies expectations on growth.
Apologies if the link does not work, its a first attempt at this pathway.
https://www.veed.io/download/17f17705-970b-4e33-9ef8-99dd37dbc87d
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- Ann: Fluence Business Update for Q1 2021
Ann: Fluence Business Update for Q1 2021, page-32
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