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Posted On: 09/05/2021 10:55:06 AM
Post# of 356
$ALYI - Alternet Systems
Alternet Systems expected to reach $1M in sales with a gross margin beating competitors
* From Seeking Alpha article:
Alternet Systems (OTCPK:ALYI) plans to generate revenue not just from the sale of EVs, but also, for instance, from the
*** rideshare business the company is delivering EVs to.***
Company does have a consumer electric motorcycle it plans to bring to market before the end of 2021, and it will be priced much less than a SUV.
The electric motorcycle business also provides the potential for higher profit margins than typical EV businesses are designed to generate.
A brief look into the company financials. Here
https://seekingalpha.com/symbol/ALYI/income-statement
https://ih.advfn.com/stock-market/USOTC/alter...s-to-reach
https://seekingalpha.com/news/3737170-alterne...king_alpha
Alternet Systems expected to reach $1M in sales with a gross margin beating competitors
* From Seeking Alpha article:
Alternet Systems (OTCPK:ALYI) plans to generate revenue not just from the sale of EVs, but also, for instance, from the
*** rideshare business the company is delivering EVs to.***
Company does have a consumer electric motorcycle it plans to bring to market before the end of 2021, and it will be priced much less than a SUV.
The electric motorcycle business also provides the potential for higher profit margins than typical EV businesses are designed to generate.
A brief look into the company financials. Here
https://seekingalpha.com/symbol/ALYI/income-statement
https://ih.advfn.com/stock-market/USOTC/alter...s-to-reach
https://seekingalpha.com/news/3737170-alterne...king_alpha
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