Armor Electric Inc. - Sales Analysis Snapshot

Business Description
This Report provides a comprehensive Sales & Margin summary analysis for Armor Electric Inc. Tabular results include up to a ten-year history on Sales, EBITDA (Earnings before Interest, Taxes, Depreciation and Amortization), Income before Extraordinary Items and number of Employees. Additional ratios are included for sales growth, earnings and income as a percent of sales and Sales per Employee.

Armor Electric Inc.. The Group's principal activity is to develop distribution rights for electric powered vehicles and electric propulsion systems. The Group's subsidiary, Nova through an agreement with Nu Age Electric Inc has the rights to the manufacture and sale of electrically powered vehicles. These rights arise pursuant to an agreement made between Nu Age and Hero/Majestic Auto Limited (Hero). The Group is developing the business plans for Nova. The Nova Business Plan is to build a number of electric powered vehicles built as prototype working models at its Las Vegas facility. The Group works closely with their strategic partner, Nu Age to develop a wide variety of commercially viable vehicles and products. The Group is in its development stage.

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