Capp xx – sales of supercapacitors growing rapidly29 Nov 2020 14:09
Comparing the sales figures between year-end 2019: $2,127,926 and 2020: $2,708,697, there was an increase of 27%, a significant increase. Since then, we have been told that at 30th June 2020 the sales order book was double the value of the same time the previous year. If we applied this to last years sales figure, sales for this year would be $5,417,394. Then we were told last week that sales had increased an additional 10% so this could be increased to $5,959,133.
When talking about sales of Cap xx cylindrical cells, AK said “Pleasingly, the revenues from these products in the first quarter of FY 2021 are close to the whole of FY 2020. Several new large volume opportunities are still being evaluated by customers that are currently utilising alternative cylindrical cells.
Added to this the sales from the new Murata line, we should see a significant uptrend.
Then, there is licencing and royalties to add to this, and of course the prospect of significant payments from intellectual property infringements!
This all looks very positive to me, and points to a very exciting future for the company!