AI assistant
LION E-Mobility Investor Presentation 2026
7282_ip_2026-03-31_ebfda215-3591-4ed9-8c34-971d56f79101.pdf
Investor Presentation
Open in viewerOpens in your device viewer
E-MOBILITY AG
Preliminary Group report FY 2025
April 2026
LIPN
FINANCIAL HIGHLIGHTS FY 2025
2
REVENUE
(EURm)
FY 2025 28,3
FY 2024 16,9
EBITDA
(EURm)
FY 2025 7,5
FY 2024 -3,6
OPERATING CASH FLOW
(EURm)
FY 2025 7,7
FY 2024 -6,5
- Revenue increased to 28.3m EUR from 16.9m EUR, driven by higher demands for our SE09 NMC packs.
- EBITDA improved to 7.5m EUR after -3.6m EUR in 2024, reflecting continuously better cost structure and operating leverage.
- Operating cash flow reached high 7.7m EUR, compared to -6.5m EUR, supported by stronger earnings and continued working capital discipline.
LIPN
PROFIT AND LOSS FY 2025
EURm
| Income Statement | FY 2025 | FY 2024 |
|---|---|---|
| Revenues | 28.3 | 16.9 |
| Increase in contract assets portfolio | 0.2 | -0.2 |
| Other own work capitalised | 4.3 | 3.0 |
| Total Earnings | 32.9 | 19.7 |
| Other operating income | 1.4 | 3.6 |
| Cost of materials | -15.1 | -14.7 |
| Personnel expenses | -6.3 | -6.2 |
| Other operating expenses | -5.4 | -6.1 |
| EBITDA | 7.5 | -3.6 |
| EBITDA margin % | 26.4% | -21,1% |
| Depreciation and amortization | -1.5 | -2.2 |
| EBIT | 6.0 | -5.7 |
| EBIT margin % | 21.3% | -33.9% |
| Finance income | 0.0 | 0.1 |
| Finance expenses | -1.8 | -2.5 |
| EBT | 4.3 | -8.1 |
| Taxes | -1.2 | 1.6 |
| Result | 3.0 | -6.6 |
- Revenue increased to 28.3m EUR, reflecting stronger customer and market demands.
- Capitalized own work rose to 4.3m EUR, up from 3.0m EUR in 2024, driven by continued R&D activities on NMC+.
- Anticipated subsidies for development are shown in other operating income with 1m EUR
- Cost of materials increased to 15.1m EUR, up from 14.7m EUR while almost double revenue, hence benefiting from improved procurement efficiency.
- Personnel expenses were almost stabilized at 6.3m EUR.
- Other operating expenses decreased to 5.4m EUR (FY 2024: EUR 6.1m), demonstrating ongoing focus on cost control efforts.
- As a result, EBITDA improved significantly to 7.5m EUR, (FY 2024: -3.6m EUR), highlighting the successful turnaround.
- Finance expenses eased to -1.8m EUR, reflecting lower bank loans. Further shareholder loans and also conversion into shares support strategic financing, with related interest expenses remaining within the group.
LIPN
CASHFLOW FY 2025
EURm
| Cash Flow Statement | FY 2025 | FY 2024 |
|---|---|---|
| Cash and cash equivalents at beginning of period | -2.8 | 4.4 |
| Cash flow from operating activities | 7.7 | -6.5 |
| Cash flow from investing activities | -5.5 | 1.7 |
| Cash flow from financing activities | -1.6 | -2.4 |
| Net change in cash and cash equivalents | 0.6 | -7.3 |
| FX effect | 0.0 | 0.0 |
| Cash and cash equivalents at end of period | -2.3 | -2.8 |
- Cash flow from operating activities improved to 7.7m EUR, reflecting continued supply chain optimization.
- Cash flow from investing activities amounted to -5.5m EUR, driven by investments especially into NMC+ modules and packs.
- Cash flow from financing activities amounted to -1.6m EUR, reflecting regular bank loan repayments, additional shareholder loans and conversion of shareholder loans into shares.
LIPN
BALANCE SHEET YE 2025
EURm
| Balance Sheet | Dec 31, 2025 | Dec 31, 2024 |
|---|---|---|
| Total Assets | 39.9 | 31.6 |
| A. Non-current assets | 27.4 | 24.3 |
| B. Current assets | 12.5 | 7.3 |
| Equity and liabilities | 39.9 | 31.6 |
| A. Equity | 15.2 | 7.0 |
| B. Non-current liabilities | 0.8 | 5.1 |
| C. Current liabilities | 23.9 | 19.5 |
- Total assets increased to 39.9m EUR, mainly due to higher non-current assets reflecting continued progress in development projects and higher trade receivables from mostly YE sales.
- Equity rose to 15.2m EUR, due to conversion of shareholder loans and operational improvements.
- Non-current liabilities decreased significantly to 0.8m EUR following regular loan repayments and shareholder loan conversions into equity.
- Current liabilities rose to EUR 23.9 million, reflecting stronger operations especially in Q4 as regular seasonal effect.
LIPN
Disclaimer
THE MATERIALS SET FORTH IN THIS PRESENTATION DO NOT CONSTITUTE EITHER AN OFFER TO SELL SECURITIES OR THE SOLICITATION OF OFFERS TO BUY SECURITIES. ANY SUCH OFFER OR SOLICITATION WILL ONLY BE MADE PURSUANT TO A SUBSCRIPTION AGREEMENT, A FINAL PRIVATE PLACEMENT MEMORANDUM, OR ANOTHER OFFICIAL DOCUMENT DELIVERED IN ACCORDANCE WITH REGULATION D PROMULGATED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR OTHER APPLICABLE SECURITIES LAWS.
WE HAVE NOT PROVIDED FINANCIAL INFORMATION FOR LION E-MOBILITY GROUP HEREIN. HISTORICAL FINANCIAL INFORMATION WAS PREPARED IN ACCORDANCE WITH GERMAN GENERALLY ACCEPTABLE ACCOUNTING PRINCIPLES. INVESTORS SHOULD CONSULT WITH THEIR OWN FINANCIAL ADVISORS TO UNDERSTAND THE BASIS ON WHICH THE INCLUDED FINANCIAL STATEMENTS HAVE BEEN PREPARED.
THIS PRESENTATION ALSO CONTAINS FORWARD-LOOKING STATEMENTS THAT INVOLVE A NUMBER OF RISKS AND UNCERTAINTIES, INCLUDING STATEMENTS THAT RELATE TO, AMONG OTHER THINGS, THE COMPANY'S OBJECTIVES, GOALS, STRATEGIES, INTENTIONS, PLANS, BELIEFS, EXPECTATIONS AND ESTIMATES, AND CAN GENERALLY BE IDENTIFIED BY THE USE OF WORDS SUCH AS "MAY", "WILL", "COULD", "SHOULD", "WOULD", "LIKELY", "EXPECT", "INTEND", "ESTIMATE", "ANTICIPATE", "BELIEVE", "PLAN", "OBJECTIVE" AND "CONTINUE" (OR THE NEGATIVE THEREOF) AND WORDS AND EXPRESSIONS OF SIMILAR IMPORT. SUCH STATEMENTS INVOLVE RISKS, UNCERTAINTIES, AND ASSUMPTIONS, AND UNDUE RELIANCE SHOULD NOT BE PLACED ON SUCH STATEMENTS. FORWARD-LOOKING STATEMENTS ARE NOT GUARANTEES OF PERFORMANCE, AND NO REPRESENTATION OR WARRANTY OF ANY KIND IS GIVEN WITH RESPECT TO THE ACCURACY OF SUCH STATEMENTS. CERTAIN MATERIAL FACTORS OR ASSUMPTIONS ARE APPLIED IN MAKING FORWARD-LOOKING STATEMENTS, AND ACTUAL RESULTS MAY DIFFER MATERIALLY FROM THOSE EXPRESSED OR IMPLIED IN SUCH STATEMENTS. IMPORTANT FACTORS THAT COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM EXPECTATIONS INCLUDE BUT ARE NOT LIMITED TO: GENERAL BUSINESS AND ECONOMIC CONDITIONS (INCLUDING BUT NOT LIMITED TO CURRENCY RATES AND CREDITWORTHINESS OF CUSTOMERS); COMPANY LIQUIDITY AND CAPITAL RESOURCES, INCLUDING THE AVAILABILITY OF ADDITIONAL CAPITAL RESOURCES TO FUND ITS ACTIVITIES; LEVEL OF COMPETITION; CHANGES IN LAWS AND REGULATIONS; LEGAL AND REGULATORY PROCEEDINGS; THE ABILITY TO ADAPT PRODUCTS AND SERVICES TO THE CHANGING MARKET; THE ABILITY TO ATTRACT AND RETAIN KEY EXECUTIVES; AND THE ABILITY TO EXECUTE STRATEGIC PLANS. SUCH FORWARD-LOOKING STATEMENTS HAVE BEEN PREPARED BASED UPON INFORMATION AVAILABLE AT THE TIME MADE. FORWARD-LOOKING STATEMENTS SPEAK ONLY AS OF THE DATE THEY ARE MADE, AND THE COMPANY DOES NOT UNDERTAKE ANY OBLIGATION TO UPDATE PUBLICLY OR TO REVISE ANY OF THE FORWARD-LOOKING STATEMENTS CONTAINED IN THIS PRESENTATION, WHETHER AS A RESULT OF NEW INFORMATION, FUTURE EVENTS OR OTHERWISE, EXCEPT AS REQUIRED BY LAW. ALL PROJECTIONS CONTAINED HEREIN HAVE BEEN PREPARED BY THE MANAGEMENT OF THE COMPANY AND HAVE NOT BEEN REVIEWED OR COMPILED BY INDEPENDENT PUBLIC ACCOUNTANTS OR FINANCIAL ADVISORS.
MARKET DATA INCLUDED HEREIN WAS OBTAINED FROM VARIOUS CONSULTANTS' REPORTS, TRADE PUBLICATIONS, INDUSTRY SOURCES AND COMPANY ESTIMATES. SUCH SOURCES AND ESTIMATES ARE INHERENTLY IMPRECISE. ACCORDINGLY, THE ACCURACY AND COMPLETENESS OF SUCH INFORMATION IS NOT GUARANTEED. ALTHOUGH THE COMPANY BELIEVES SUCH INFORMATION TO BE RELIABLE, IT HAS NOT INDEPENDENTLY VERIFIED SUCH MARKET DATA.
LION
LION
E-MOBILITY AG
