VivoPower International’s strategy is to provide sustainable energy solutions on an international scale. Key activities include electric vehicles, critical power, sustainable energy solutions and solar development.
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The move into electric vehicles (EVs) through the acquisition of Tembo is a step-change for VivoPower International. It brings significant growth potential in a niche market while the group’s scale and presence has already delivered a number of distribution deals. Of particular note is the letter of intent (LOI) with Toyota Australia for volume deliveries and exclusive technical collaboration on the ubiquitous Land Cruiser, a positive endorsement of Tembo’s portfolio and capabilities. The group has another four distributors signed up committed to a total of nearly 8,000 vehicles.
Y/E Jun |
Revenue (US$m) |
EBITDA (US$m) |
PBT (US$m) |
EPS (c) |
P/E (x) |
P/CF (x) |
|---|---|---|---|---|---|---|
| 2019A | 39.0 | (4.0) | (8.6) | (63.80) | N/A | N/A |
| 2020A | 48.7 | 3.9 | (1.0) | (12.00) | N/A | N/A |
| 2021E | 41.6 | 4.9 | 0.1 | 0.41 | 1261.0 | N/A |
| 2022E | 52.3 | 5.3 | (0.9) | (4.06) | N/A | 14.7 |
Industry outlook
The move to a low carbon environment is accelerating the drive towards electrification. In transportation this involves the full chain from generation (solar, wind etc), associated infrastructure (grid robustness and charging), electric vehicles and storage requirements (battery management). The speed of regulation is accelerating as are the commitments from companies including the mining sector.
Last updated on 20/10/2021Content on VivoPower International
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Industrials
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Share price graph
Balance sheet |
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| Forecast net cash (US$m) | 5.2 |
| Forecast gearing ratio (%) | N/A |
Price performance
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Key management |
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| Johann Kenny | Head of risk management, Arowana |
| Kevin Chin | Co-founder and executive chairman |
| Matt Cahir | President, Vivo USA |
| Matt Davis | Managing director, Vivo Australia |