Braille Energy Systems Inc. (BES:TSXV)

  • Braille Battery is a market leader in performance batteries for motorsports and racing vehicles. Braille Battery has posted a stellar sales CAGR over the last five years and is soon to be profitable.

  • BES will be launching a residential battery backup power system in the coming quarters with potential to gain major market share.

  • BES trades at 0.5x 2024E sales compared to auto parts manufacturers at 0.6x and residential energy storage companies at 2.4x

Investment Summary

Company Description

Braille Energy Systems Inc. holds an 89.95% equity interest in Braille Holdings Inc., which holds a 100% equity interest in Braille Battery Inc. Braille Battery is an established battery-manufacturing company supplying batteries to the professional motorsports industry. Braille Energy Systems (BESI) plans expand its market penetration into a wider range of market segments that require lightweight, high-performing energy solutions, using the most scientifically advanced materials.

Braille Energy

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