LION E-Mobility AG, a manufacturer of battery packs for electric mobility and energy storage, reported strong preliminary results for the 2025 financial year, with total revenue rising 68% to EUR 28.3 million from EUR 16.9 million in 2024. The company's EBITDA improved significantly to EUR 7.5 million, compared to a loss of EUR 3.6 million in the prior year, yielding an EBITDA margin of 26.4%. Net profit also turned positive at EUR 3.0 million, reversing a loss of EUR 6.6 million in 2024.
According to the company, growth was primarily fueled by a recovery in market demand for batteries, particularly from bus manufacturers. Cost and efficiency measures, along with favorable procurement conditions, contributed to the EBITDA improvement. Operating cash flow also strengthened to EUR 7.7 million from negative EUR 6.5 million, underscoring the company's sustainable turnaround.
In its Battery Energy Storage Systems (BESS) segment, LION has expanded its pipeline, including projects in Italy, following the successful sale of its first BESS project. The company has bolstered its BESS sales team to meet growing demand.
LION also reported progress with its new NMC+ battery packs, which have been delivered to customers for testing and are already operating in customer fleets. The NMC+ pack offers a gravimetric energy density of 53 kWh, positioning it as a best-in-class solution and a new technological pillar for the company's mobile market portfolio.
Looking ahead to 2026, LION expects continued growth, with revenue exceeding EUR 35 million and strongly positive EBITDA. However, production will be temporarily impacted by a planned two-month factory shutdown in Q2 2026 for conversion works, with operations resuming at the end of June. The new production lines will focus on NMC+ battery packs, leading to a revenue concentration in the second half of the year.
The company also highlighted increasing demand in the defense sector, citing a collaboration with Mandrill Engineering, where LION Smart's battery technology powers an advanced unmanned ground vehicle. LION is currently working on several defense-related inquiries.
LION E-Mobility AG is listed on the stock exchanges in Munich, Frankfurt, and Hamburg. More information is available at www.lionemobility.com.
