Ann: Fluence Business Update for Q3 2021, page-3

@sell and @stockrock

The Fluence team must have heard your argument and have put this in for you to clear things up.


Also, seems that from YTD rev + forecast conversion of backlog into sales $18.9 + $11.3 = $30.2 mill.
They are still saying they will hit guidance of $35-50m, so new sales converted into revenue Oct - end of December will have to be at least $4.8m.
That means that SPS in Q4 alone should be $16.1m at minimum, add in some Ivory Coast work and non-SPS, and you should have at least a $30m Q4, so a full year 2021 revenue of around $107m USD.