Dear Shareholders,
We are delighted to present the financial highlights and key strategic developments for Tropical Battery Company Ltd. (Group) for the third quarter and the first nine months of fiscal year 2024. This period has been marked by rapid growth driven by strategic acquisitions and enhanced operational efficiencies.


https://www.tropicalbattery.com/sites/default/files/TROPICAL-Q3-FS-2024-...

TROPICAL Battery Company Limited is now positioning to cross over to the Main Market of Jamaica Stock Exchange (JSE) as the company continues to witness robust growth and looks to unlock greater opportunities in the coming years.
https://www.jamaicaobserver.com/2024/07/28/tropical-battery-readies-cros...

Tropical Battery Company Limited is pleased to announce the appointment of Mr. Itamar Frankenthal and Mr. Andrew Cramer as new directors to the Board of Tropical Battery Company Limited, effective February 12, 2024.

The commencement of FY2024 heralds a period of strategic significance for Tropical Battery Company Limited, underscored by substantial fiscal growth and reinforced stability. This quarter has seen a surge in revenue and an enhanced cash position, coupled with targeted capital investments that promise long-term benefits.
https://www.jamstockex.com/tropical-battery-company-limited-tropical-una...

They discuss Mergers & Acquisitions and Alexander Melville, CEO of Tropical Battery discuss their recent acquisition of a company in California.
https://www.youtube.com/watch?v=fqSLuJgqXUw&t=63s

Tropical battery USA, the newly formed subsidiary of Tropical Battery Company Limited, has made its first acquisition. the company has acquired a manufacturer of specialty batteries in the United States but the name of the company is being withheld pending for the paperwork tropical batteries deputy managing director Daniel Melville told the Jamaica observer.

Tropical Battery Company Limited have credited the acquisition of Dominican Republic-based Kaya Energy Group for contributing to increased growth in revenues in third quarter (Q3) 2023, despite indicating the need to be monitored and make adjustments to the operation so as to ensure the overall success of the group.

Tropical Battery's revenues for the April to June quarter rose by 18 per cent to $782.84, up from $661.84 million in the corresponding period in 2022. At the same time, gross profit increased by 10 per cent for the three months, closing at $228.66 million.

Tropical Battery Company Limited (Tropical) has incorporated a new US-based subsidiary, Tropical Battery USA, LLC, to help with pushing the company's growth plans in the North American market.
The newly formed subsidiary, the company said, was established to serve as a key platform which will grant it access to online marketplaces such as e-commerce giant Amazon, with which it now has a fulfilment by Amazon (FBA) account.

Tropical Battery USA, LLC will serve as the key platform for the company’s foray into online marketplaces, starting with Amazon. Leveraging Amazon’s extensive reach, TROPICAL aims to introduce its top-quality products to millions of consumers across the United States, Canada, and Mexico.

Aiming for a minimum 15 per cent growth in revenue, annually, energy storage company Tropical Battery is days away from clearing its first shipment of 40 electric bikes, as it prepares to enter the world of auto dealing.
https://jamaica-gleaner.com/article/business/20230517/tropical-battery-t...

Energy storage company Tropical Battery is looking to boost income through further diversification into solar.
The segment is not entirely new, but it’s the reason behind the recent acquisition of a 50 per cent stake in KAYA, a solar solutions company operating in the Dominican Republic, in a cash-and-shares deal. KAYA Energy Group is a Santo Domingo-based engineering procurement and construction company that has been providing renewable energy solutions to residential, commercial and industrial customers since 2010.

Tropical Battery Company Limited, through its subsidiary Tropical Renewable Energy, has entered into an agreement to acquire 50 per cent interest in Dominican Republic-based solar photovoltaic engineering, procurement and construction company KAYA Energy Group in a cash and share offer.
https://www.jamaicaobserver.com/business/tropical-battery-enters-dom-rep/

March is here, and Tropical Battery is set to have it's March Madness Sale at all Tropical Battery Service Centres islandwide. You’ll discover incredible savings on the items you’ve been waiting for, act now while supplies last. Tropical Battery March MaDNeSS Sale to include the following products:
ARMOR ALL OUTLAST TRIM & PLASTIC RESTO
BATTERY POST CLEANER
12 PCS MICROFIBER CLEANING CLOTHS
HALOGEN BULBS 100/90 WATTS
VALVE CAPS - GRAPHITE - 4-PCS
ARMOR ALL ULTRA--SHINE W&W 6/16FO
STEERING WHEEL COVER BLING BLING BLUE

We join the fight with courage and strength! Breast cancer isn't just about awareness for one month. Continue to encourage and educate the women in your life to examine themselves regularly, early detection saves lives.

In this video Alexander Melville, the CEO for Tropical Battery Company Limited sit down with Learn Grow Invest to discuss the company's performance, history and outlook.