Capital And DebtExro faces challenges in raising capital due to recent events in the EV industry, including bankruptcies and debt restructurings among other companies.
Financial PerformanceExro's projected revenue for 2025 has been reduced to C$82.0M, which is below the company's guidance and consensus estimates.
Stock PerformanceExro's stock price has decreased by 50% quarter-to-date, and there is anticipation of issuing equity to raise capital, which could be incrementally dilutive.