Orion Energy Systems (OESX) is a provider of LED lighting systems through three different channels:
- Turnkey projects for large national accounts
- The agent-driven distribution channel
- The ESCO (Energy Service Companies) channel
From the latest IR presentation:
As you can see, investors are cheering recent progress, and they keep on cheering whilst we are writing this article:
At first sight, there doesn't seem to be much progress, falling revenues and a history of losses:
But the last quarter figures are not yet included, and these were a blowout with revenues