Carbon revolution announces record revenue results for first half 2024

- achieved record half year revenue of us$26.1 million, up 107% year-over-year- half year sales of 12.8k wheels, more than doubling volumes compared to the prior year- achieved record quarterly revenue of us$14.8 million in 2q24, up 177% year-over-year- limited liquidity as of 31 march 2024, requires additional finance; discussion with oic for potential early release of escrow funds is ongoing- issues preliminary estimate for fiscal 3q 2024 (quarter ended march 31, 2024) of $10 to $11 million, up 110% year-over-year at the mid-point of the range
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