LION E-Mobility AG Earnings Call Transcripts
Fiscal Year 2026
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Q1 2026 saw revenue decline to €3.3M due to a product transition, but EBITDA remained positive and operating cash flow improved. NMC+ battery production ramps up in June, with strong order visibility and growth expected in bus, BESS, and defense segments.
Fiscal Year 2025
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Revenue grew 31% to EUR 16.3 million with record EBITDA of EUR 2.4 million, driven by NMC Plus and BESS expansion. Leap Energy partnership targets EUR 20–25 million turnover in 2026, while grid connection approvals remain a key uncertainty.
Fiscal Year 2024
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Q4 saw a positive EBITDA due to a strategic asset sale, but full-year revenue and EBITDA were below expectations amid a tough market. The company reduced liabilities, advanced new battery technologies, and expects market stabilization and growth in 2025, with a return to 2023 revenue levels targeted for 2026.
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Q2 and H1 revenues improved sequentially, but market headwinds from Chinese oversupply and slowing EV demand pressured margins and guidance. The LIGHT Battery project showed strong test results, and management expects a sales rebound in H2, pending further OEM feedback.