Based on the Corporate Connect broker report. Here is expected forecast if all phases proceed smoothly.
We can probably expect $330M revenues by 2025/26. EBITDA margin should be fairly solid at around 50%, if things go according to plan. Afterwards, we can expect growth to continue, especially if synthetic graphite prices increase.
IMO this is a solid growth stock. Revenue growth can be very high in the next few years.
Tesla is currently at $31B revenues for FY21, and forecasting 50% growth with some impressive margins. There is good upside here if TSLA decide to use NVX batteries.
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Based on the Corporate Connect broker report. Here is expected...
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