Tritium DCFC Ltd

Tritium DCFC Ltd. designs and manufactures proprietary hardware and software to develop direct current chargers for electric vehicles. It operates through the following segments: Stand Alone Products, Distributed Chargers, and Other Products. The company was founded on May 7, 2021 and is headquartered in Murarrie, Australia.

Tritium DCFC Ltd. designs and manufactures proprietary hardware and software to develop direct current chargers for electric vehicles. It operates through the following segments: Hardware, Software, and Service and Maintenance. The company was founded by David Finn, Paul Serina and James Kennedy on May 7, 2021 and is headquartered in Murarrie, Australia.

Exicom to acquire business and assets of Tritium, a distinguished global leader in DC Fast Chargers, headquartered in Australia Acquisition seen as an ideal anchor towards building a global EV charger business with Tritium's presence in 47 countries Exicom will have access to Tritium's cutting-edge manufacturing facility in Tennessee, USA, as well as a world-class engineering centre in Brisbane, Australia. NEW DELHI , Aug. 8, 2024 /PRNewswire/ -- Exicom Tele-systems Limited (NSE: EXICOM), (along with its subsidiaries together referred to as, "Exicom"), India's largest Electric Vehicle ("EV") charger manufacturer, announced today that its subsidiary Exicom Power Solutions B.V.

Exicom to Acquire Industry Leader Tritium; Expands Global Footprint in EV Charging

BRISBANE, Australia, May 22, 2024 (GLOBE NEWSWIRE) -- Tritium DCFC Limited¹ (OTC: DCFCQ) (“Tritium” or the “Company”), a global developer and manufacturer of direct current (“DC”) fast chargers for electric vehicles, previously reported, on April 18, 2024, that the Company and three of its Australian subsidiaries, Tritium Pty Ltd², Tritium Holdings Pty Ltd³ and Tritium Nominee Pty Ltd⁴ (together with the Company, the “Companies”) (i) were insolvent or likely to become insolvent, (ii) a voluntary administrator should be appointed under the Australian Corporations Act 2001 (the “Act”), and (iii) to appoint Peter James Gothard, James Douglas Dampney and William Martin Colwell of KPMG as joint and several administrators (together, the “Administrators”) pursuant to section 436A of the Act. Separately, on 19 April 2024, Shaun Fraser, Matthew Hutton, Kathy Sozou and Jamie Harris of McGrath Nicol were appointed Receivers and Managers of the Companies (excluding Tritium Nominee Pty Ltd.

Tritium Will Not Appeal Nasdaq Delisting Determination

ABB Ltd.

Blink Charging

ChargePoint Holdings

EVgo

Nuuve

Tesla

Jon Wolfenbarger, a 32-year market veteran warns that despite the seemingly booming U.S. labor market, there are underlying weaknesses that suggest an imminent recession. While the headline numbers show strong job growth and historically low unemployment rates, Wolfenbarger points out that the kind of jobs being added and other economic indicators paint a bleaker picture.

Stock Market Crash Alert: 7 Must-Buy EV Charging Stocks When Prices Plunge

Tritium DCFC (NASDAQ: DCFC ) stock is falling hard on Friday after the company warned investors of insolvency in a filing with the Securities and Exchange Commission (SEC). This filing from Tritium DCFC notes that it and three of its Australian subsidiaries are insolvent or likely to become insolvent.

Why Is Tritium DCFC (DCFC) Stock Down 63% Today?

BRISBANE, Australia, April 11, 2024 (GLOBE NEWSWIRE) -- Tritium DCFC Limited (Nasdaq: DCFC) (“Tritium” or the “Company”), a global developer and manufacturer of direct current (“DC”) fast chargers for electric vehicles (“EVs”), today announced that on April 5, 2024 the Company received a notice from the Nasdaq Stock Market LLC (“Nasdaq”) that the Company does not currently meet the minimum 1,100,000 publicly held shares required for continued listing on Nasdaq pursuant to Nasdaq Listing Rule 5450(b)(1)(B) (the “Public Float Standard”).

Tritium Receives Nasdaq Staff Determination Letter

BRISBANE, Australia, March 28, 2024 (GLOBE NEWSWIRE) -- Tritium DCFC Limited (Nasdaq: DCFC) (“Tritium” or the “Company”), a global developer and manufacturer of direct current (“DC”) fast chargers for electric vehicles (“EVs”), today confirms the effective date of its reverse stock split.

Tritium Confirms Effective Date of Reverse Stock Split

BRISBANE, Australia, March 21, 2024 (GLOBE NEWSWIRE) -- Tritium DCFC Limited (Nasdaq: DCFC) (“Tritium” or the “Company”), a global developer and manufacturer of direct current (“DC”) fast chargers for electric vehicles (“EVs”), today announced that on March 15, 2024 the Company received a delisting determination notice (the “Delisting Notice”) from the Nasdaq Stock Market LLC (“Nasdaq”).

Tritium Receives Nasdaq Delisting Determination

Nearly 50% of the state's first round of NEVI funding was awarded to Tritium customers for installation of Tritium fast charging stations Nearly 50% of the state's first round of NEVI funding was awarded to Tritium customers for installation of Tritium fast charging stations

Tritium Customers Win Largest Share of Round 1 Tennessee NEVI Program

33 Tritium ultrafast chargers power terminal tractor fleet at California's Port of Long Beach 33 Tritium ultrafast chargers power terminal tractor fleet at California's Port of Long Beach

Tritium Completes Installation of North America's First Mechanized Large-Scale Port EV Charging Program at Port of Long Beach

LONDON, Nov. 21, 2023 (GLOBE NEWSWIRE) -- Tritium DCFC Limited (Tritium) (Nasdaq: DCFC), a global leader in direct current (DC) fast chargers for electric vehicles (EVs), today announced that the company will provide the rapid chargers for Wales' largest EV charging facility. With this new charging site, locals, visitors, and National Library of Wales staff in Aberystwyth will gain access to Wales' largest EV charging site, thanks to a new hub with 40 charging points – including five rapid Tritium 75kW DC chargers with 10 connectors – at the National Library of Wales.

Tritium Supplies Rapid Chargers for Wales' Largest EV Charging Facility

Despite all of the business media's frantic, recent warnings about electric-vehicle sales collapsing, the actual data tells a radically different story. Specifically, last quarter EV sales in the United States jumped 50% versus the same period a year earlier to 313,000.

3 EV Charging Stocks You'll Regret Not Buying Soon: November 2023

BRISBANE, Australia, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Tritium DCFC Limited (Tritium) (Nasdaq: DCFC), a global leader in direct current (DC) fast chargers for electric vehicles (EVs), today announced the implementation of business measures designed to achieve a path to profitability in 2024 and reduce external capital requirements. The plan sees Tritium improve operational efficiency and margins to drive profitability and shareholder value by consolidating its global manufacturing operations into its scaled plant in Lebanon, Tennessee, and reduce selling general & administrative (SG&A) expenses via plans to decrease specific headcount and professional fees.

Tritium Implements Strategic Plan to Achieve 2024 Profitability

BRISBANE, Australia, Oct. 18, 2023 (GLOBE NEWSWIRE) -- Tritium DCFC Limited (Nasdaq: DCFC) (“Tritium” or the “Company”), a global developer and manufacturer of direct current (“DC”) fast chargers for electric vehicles (“EVs”), today announced that on October 12, 2023 the Company received a notice (the “Notice”) from the Nasdaq Stock Market LLC (“Nasdaq”) stating that the Company is not in compliance with the minimum bid price requirement ("Minimum Bid Requirement") of US$1.00 per share under the Nasdaq Listing Rule 5450(a)(1) based upon the closing bid price of the Company's common stock for the 30 consecutive business days prior to the date of the Notice. The Notice has no immediate effect on the listing or trading of the Company's common stock on Nasdaq, and the Company's operations are not affected by the receipt of the Notice.

Tritium Receives Nasdaq Notice Regarding Minimum Bid Price Requirement

Tritium DCFC Limited (DCFC) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.

Tritium DCFC Limited (DCFC) Loses -67.48% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner

Tritium DCFC Limited (DCFC) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Tritium DCFC Limited (DCFC) Upgraded to Buy: Here's Why

Tritium DCFC Limited (NASDAQ:DCFC ) Q4 2023 Earnings Conference Call September 21, 2023 10:30 AM ET Company Participants Cary Segall - Head of Investor Relations Jane Hunter - Chief Executive Officer Robert Topol - Chief Financial Officer Conference Call Participants Craig Irwin - ROTH MKM Noel Parks - Tuohy Brothers Investment Research Pavel Molchanov - Raymond James Justin Pellegrino - Melius Research Christopher Souther - B. Riley Thomas Curran - Seaport Research Partners Operator Good morning, and welcome to Tritium's 2023 Fiscal Year Earnings Conference Call.

Tritium DCFC Limited (DCFC) Q4 2023 Earnings Call Transcript

Highlights The Company achieved record revenue of $112 million for the first half of the 2023 calendar year, an increase of more than 286% over the $29 million in revenue from the first half of the 2022 calendar year, meaningfully exceeding the midpoint of the Company's previously updated guidance for the calendar year published on May 11, 2023. The Company achieved record revenue for the fiscal year ended June 30, 2023 of $185 million, an increase of more than 115% compared to revenue of $86 million for the previous fiscal year.

Tritium Announces First Half Calendar Year and Full Fiscal Year Results for the Period Ended June 30, 2023, Including Record First Half 2023 Calendar Year Revenue of $112 Million and a $75 Million Financing Commitment

BRISBANE, Australia, Sept. 18, 2023 (GLOBE NEWSWIRE) -- Tritium DCFC Limited (“Tritium” or the “Company”) (NASDAQ: DCFC), a global leader in direct current (“DC”) fast chargers for electric vehicles (“EVs”), today announced that it will release financial results for the Company's full 2023 fiscal year, which ended June 30, 2023, before the market opens on Thursday, September 21, 2023. This release will be followed by a conference call for investors at 10:30 AM Eastern time the same day.

Tritium Announces Timing of Release of 2023 Fiscal Year Financial Results and Conference Call

LONDON, Aug. 22, 2023 (GLOBE NEWSWIRE) -- Tritium DCFC Limited (Tritium) (Nasdaq: DCFC), a global developer and manufacturer of direct current (DC) fast chargers for electric vehicles (EVs), and UK charging network evyve, have today reached a partnership milestone, with 150 rapid chargers delivered and installed at retail and hospitality sites across the UK, from Eastbourne to Edinburgh.

evyve Completes 150th Tritium Fast Charger Installation in the UK and Achieves 98% Network Uptime

Automakers are spending billions to build a massive electric vehicle (EV) charging network, creating sizable EV charging stock opportunities. In fact, according to CBS News , “Automakers said the new electric vehicle charging network will nearly double the number of quick-charging plugs in the US and Canada, with the goal of swaying consumers on the fence about EV.

Buy Alert: 3 EV Charging Stocks Nearing Super Attractive Entry Points

Tritium DCFC said on Tuesday it had won an order from Hawaii to make high-speed electric vehicle chargers - the first funds to roll out in a federal program meant to blanket the country with charging infrastructure and boost EV adoption.

EV charger maker Tritium wins order from Hawaii under federal funding program

Tritium commits to providing NACS connectors in late 2023 or early 2024, subject to certification requirements Tritium commits to providing NACS connectors in late 2023 or early 2024, subject to certification requirements

Tritium Applauds Proposed Texas NEVI Funding Requirement for Both NACS and CCS Connectors

Both leaders will spearhead product innovation as the company continues unprecedented growth Both leaders will spearhead product innovation as the company continues unprecedented growth

Tritium Names Glen Bethel as Chief Technology Officer and Brian Johns as Vice President of Product Development

Partnership establishes one of California's largest universal fast charging sites Partnership establishes one of California's largest universal fast charging sites

Tritium, GiddyUp Join Forces to Launch Sacramento Fast Charging Hub

Electric-vehicle-charging stocks are falling again Monday after a dropping Friday. GM adopting Tesla's charging plug has caused all the volatility.

News for Tritium DCFC Ltd Stock (DCFC)