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November 2013
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June 2013
Investor Contact:
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Media Contact:
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A. Pierre Dubois
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Kyle Tarrance
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Pierpont Investor Relations
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Allyn Media
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(512) 527-2921
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(214) 871-7723
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investor@valence.com
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ktarrance@allynpartners.com
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Improved revenue outlook for fiscal year ending March 2011.
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Purchase orders, supply agreements, and development programs have been signed with several customers including Bénéteau, Enova Systems, eVito, Electric Vehicles International, Optare PLC, Siemens, Smith Electric Vehicles, and Tennant Company.
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Progress continues toward commercialization of next generation patented Lithium Vanadium Phosphate and Lithium Vanadium Fluorophosphate cathode materials.
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Total production capacity of 150 Mega Watt Hours with a manufacturing model that can be replicated geographically as demand dictates.
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Three active global product fulfillment centers in the United States, Europe and Asia.
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Additional patents awarded during the fiscal year 2010 raise the total intellectual property estate to over 420 U.S. and international patents and pending patent applications.
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Revenue was $3.9 million compared to $4.7 million.
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Gross margin improved to $453,000 compared to $422,000
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Operating expenses were $4.6 million compared to $3.7 million.
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Operating loss was $4.2 million compared to a loss of $3.2 million.
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Net loss available to common shareholders was $5.1 million, or $0.04 per share, compared to a loss of $4.4 million, or $0.04 per share.
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Valence Technology Inc's Definitive Proxy Statement (Form DEF 14A) filed after their 2010 10-K Annual Report includes:
Material Contracts, Statements, Certifications & more
Valence Technology Inc provided additional information to their SEC Filing as exhibits
Ticker: VLNC
CIK: 885551
Form Type: 10-K Annual Report
Accession Number: 0001437749-10-001837
Submitted to the SEC: Mon Jun 14 2010 4:01:45 PM EST
Accepted by the SEC: Mon Jun 14 2010
Period: Wednesday, March 31, 2010
Industry: Miscellaneous Electrical Machinery Equipment And Supplies