Alternet Systems, Inc. (OTC Pink: ALYI) provided investors with revenue guidance, saying they expect to exceed $1 million in sales before the end of the year. Perhaps the better news for investors is that ALYI expects its revenue to come from multiple sources within the electric vehicle ecosystem it has been constructing over the last few years. Indeed, if ALYI delivers on its intent, share prices at current levels present a compelling value.
ALYI made clear as part of its revenue guidance that instead of capitalizing on a single product opportunity, it will instead leverage the inherent value from a much broader EV market opportunity that addresses the entire EV adoption environment. That includes opportunities from the perpetual design of best-in-class vehicles to the perpetual design of the myriad of mechanical and digital systems that go into a best-in-class vehicle.
That mission includes keeping an interest in charging and maintenance infrastructure that goes into supporting consumer and commercial vehicles to the EV value proposition itself that is driving consumers and businesses to transition from combustion engines to electric-powered vehicles.
Creating More Than A Single Product Company
Already known to those following ALYI, the company has been active in complementing the build of its own EV ReVolt motorcycle with the opportunities presented within a broader EV Ecosystem Business Strategy.
ALYI is furthering its pilot project launch in Kenya in conjunction with a 2,000 electric motorcycle order. As part of that project and drive to create revenues, ALYI expects to deliver on those units before the end of the year. As part of that project, ALYI intends to publish a more specific revenue target shortly after Labor Day, appearing confident at an opportunity to revise estimates higher based on production levels and EV Ecosystem market integration.
Also notable, ALYI announced an expansion of the Electric Vehicle (EV) Rideshare Business Pilot into Ethiopia. According to the company, that deal results from discussions and negotiations made during the past year. Expansion into that new market could also help increase revenue guidance.
A Massive Motorcycle Taxi Market
Keep in mind, the global motorcycle taxi market is an estimated $16 billion opportunity. Taking just a tiny piece of that opportunity in the African markets can deliver a windfall of revenues to ALYI. Indeed, that’s their intention. Still, there is more to the value proposition.
As the company noted, they don’t intend to go it alone on the overall development and rollout of its overall EV Ecosystem Business Strategy. In fact, they are already building partnerships that leverage applications expertise to create a diversified revenue stream that benefits from multiple segments in the EV markets.
One of its most ambitious projects to bring the EV community together is its hosting an EV symposium and conference, an event anchored by an EV race event in Kenya. ALYI expects to attract the biggest names in the business as attendees and participants in the event. The rewards can be considerable.
ALYI said the EV race market was valued in 2019 at over $80 billion and is anticipated to grow to over $200 billion by 2025. Hence, ALYI’s EV Ecosystem and participation in an EV race event are considered a central component in advancing its own EV technology and EV branding, and others in the sector. And that event could lead to multiple partnerships going forward.
A big one may already be in play. Although ALYI has not released a name, they noted developing a partnership with a major EV racing brand during the past two years. Over a year ago, ALYI said it entered into a formal partnership agreement that includes that notable EV racing brand. The first milestone objectives contemplated under the agreement have been achieved. The next steps are imminent, including naming the EV racing brand, which ALYI expects will be more than a milestone reached. It will be a catalyst for growth.
The symposium deserves some more attention. Its objective is to advance EV technology by building EV solutions for the African market. Its premise is to help develop a market that is power-constrained, has a rugged environment, and has one of the lowest per capita transportation deployments in the world. ALYI intends to expand the model there to similar markets around the world.
EV Ecosystem Model
The entire EV Ecosystem design is built around what ALYI refers to as a democratized system. Its partnership with RevoltTOKEN to finance ALYI’s growth can also be a catalyst. Assistance from RevoltTOKEN will come through the sale of Revolt Tokens. Investors can learn more about RevoltTOKEN and how to participate in ALYI’s electric vehicle ecosystem by purchasing Revolt Tokens by visiting https://rvlttoken.com.
Indeed, ALYI is making progress. And while the ongoing pandemic may have led to a slowdown in progress, the guidance given that revenues are near is welcome news to investors. And with little debt and a financing partner in place, that first $1 million could be the precursor of bigger things to come. Moreover, with the EV sector still in relative infancy, staying long on the ALYI proposition may be a wise consideration for those investors with patience.
One thing is for sure, ALYI is in the right market at the right time. Hence, rewards can follow for those that wait.
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