SEaB Energy designs two renewable energy products: the Muckbuster, a 5kW small anaerobic digester, and the Windbuster, a 5kW vertical axis wind turbine. Pre-production units of both products have been tested and contract manufacturing has been secured. Channel partners have been signed in several countries and first orders are expected to ship by the end of 2010. The document provides organizational structure details and descriptions of each product along with market opportunities and funding requirements.
16. Profitability in 2010 and 2011 is hindered by high costs of sales and operating costs
17. As the business matures, operating costs stabilise, whilst cost of sales decrease*
18. In turn, margins continue to rise from 2011 to 2013, reflecting this increase in profitability 10 *unit cost of sales for the WB and MB decrease by 27% and 20% respectively, over the four year period