LION E-Mobility AG Shows Strong Q3 Results Amid Strategic Partnerships

LION E-Mobility AG reported a solid third quarter with sales reaching €5.9 million, a slight decrease of 10.6% year-over-year. However, the nine-month sales of €16.3 million marked a 31% increase, driven by a robust recovery in the Mobility segment following challenges in the previous year.

Significantly, the company achieved a profitability turnaround with Q3 EBITDA improving from a €1.3 million loss to a €1.2 million profit, reflecting a 20.3% margin. This positive shift is attributed to higher sales and stringent cost control. Management has maintained its full-year sales guidance of €28-35 million and positive EBITDA.

Looking forward, LION aims to expand its Battery Energy Storage Systems (BESS) operations, supported by an initial order from a partnership with LEAP Energy. Additionally, a new collaboration with Castrol focuses on developing an advanced battery module for electric vehicles. Both partnerships could enhance LION's innovative edge and revenue streams.