Ann: US$52M Term Sheet Signed for New York Battery Plant, page-37

Making batteries is not a high profit quick win. IMO
What can the Magnis shareholders expect? IMO
Second year profit/return could be as much as $5,000,000 for Magnis. IMO


Assuming the bond is issued and taken up.
Assuming the factory is built within budget and without issues
Assuming the production is aimed at 1 Gwh
Assuming all the product is sold in a timely manner
Assuming the rest of the battery maunufacturers sit on their hands.

Magnis owns approx 50% of im3
So in the first year an outflow of about 1.25 mill in interest. No return
Second year, assuming production of 1Gwh, the profit could be as high as $10,000,000 US or as low as $1,300,000 US. IMO
Being optimistic, Magnis gets 50% of the profit so 5 million. It also pays 1.25 million in coupon payments on the bond. IMO


Detail....

If the NY battery factory gets up and running. At 1 GWH prod and at a generous 10% profit it could make $10,000,000 per year. IMO

The holy grail for ev battery makers is manufacturing costs $100 kWh. At the moment it is about $145.
Attached article indicates profit on that is in the single digits. Lets be kind and say 10%.
That is $10 profit for 1 kWh production.

Though some articles indicate the profit can be as low as 1.3%
A 1GWh factory makes 1,000,000 kWh units.
1,000,000 x $10 = $10,000,000 at 10% profit.
1,000,000 x $1.30 = $1,300,000 at 1.3% profit.
https://qnovo.com/82-the-cost-components-of-a-battery/