EXROFExro Technologies Inc.

About Exro Technologies Inc. (EXROF)

Exro Technologies Inc. (EXROF) is a Electrical Equipment & Parts company headquartered in Calgary, AB, Canada whose shares trade over-the-counter on the OTCQB tier.

Exro Technologies has developed and patented a technology for self-optimizing electric motors and generators to improve efficiency in applications with high variability. Exro's IP can be integrated into existing applications, or designed with OEMs to create new custom designs that maximize economic performance.

Products and services

Exro offers a new power electronics solution for system optimization through implementation of its technology which increases efficiency, reduces system volume and weight, and expands torque and speed capabilities. Exro's electronics technology provides a new brain via enhanced control for motors and batteries. Exro’s advanced motor control technology, the Coil Driver™, expands the capabilities of powertrains by enabling two separate torque profiles within a given motor. A major advancement in the sector, dynamic motor configuration that is done electronically, enables efficiency optimization for each operating mode resulting in reduction of energy consumption. The controller automatically selects the appropriate configuration in real time so that power and efficiency are intelligently optimized. The Coil Driverᵀᴹ is the first drive to enable intelligent coil switching while in operation, which allows a motor to switch coil configurations based on torque demands from the vehicle. Exro is also currently developing a new battery management technology called the Battery Control System (“BCS”) – formerly known as the Intelligent Battery Management System. Exro expects the BCS to provide an improvement over existing battery Energy Storage Systems (“ESS”) in reliability and versatility of power while enabling the repurposing of electric vehicle (“EV”) batteries for second-life application.

EXROF key facts

Ticker symbol

EXROF

Market tier

OTCQB

Sector

Industrials

Industry

Electrical Equipment & Parts

Headquarters

Calgary, AB, Canada

Country of incorporation

CA

Year of incorporation

2014

Employees

166

Estimated market cap

$26.46M (as of Apr 10, 2025)

Shares outstanding

549,567,337

Reporting standard

International Reporting: Toronto Stock Exchange

Audit status

Audited

Fiscal year end

12/31

Latest filing

Interim Financial Report (Sep 30, 2024)

Exro Technologies Inc. leadership

• Sue Ozdemir — CEO
• Darrell Bishop — CFO
• Sarah Lee — Vice President
• Eric Hustedt — CTO
• Erik Hansen — Controller
• Christina Lynn Boddy — Legal Asst.

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