LION E-Mobility AG, a manufacturer of battery packs for electric mobility and energy storage solutions, reported a significant improvement in its financial performance for the 2025 financial year. According to preliminary figures released today, total revenue reached EUR 28.3 million, a 68% increase compared to EUR 16.9 million in the previous year. The company's EBITDA improved substantially to EUR 7.5 million from a loss of EUR 3.6 million in 2024, resulting in an EBITDA margin of 26.4%. Net profit also turned positive, reaching EUR 3.0 million compared to a net loss of EUR 6.6 million in 2024.
Dr. Joachim Damasky, CEO of LION E-Mobility AG, commented: "We are very pleased with our strong and significant progress achieved throughout 2025. The substantial increase in revenue and the marked improvement in EBITDA reflect the recovery in market demand as well as the strength of our product portfolio and execution capabilities." The company's revenue growth was primarily driven by battery sales to bus manufacturers, benefiting from a recovery in market demand for batteries. Additionally, favorable procurement conditions and consistent cost and efficiency measures contributed to the EBITDA improvement.
Operating cash flow also saw a huge improvement, reaching EUR 7.7 million in 2025 compared to a negative EUR 6.5 million in the prior year. This confirms the company's sustainable turnaround and provides a solid foundation for further profitable growth. The company also made strong progress in its Battery Energy Storage Systems (BESS) segment, with an expanding pipeline, including projects in Italy, and a strengthened BESS sales team.
LION has successfully delivered its new NMC+ battery pack prototypes to customers for testing, confirming market readiness and performance. The NMC+ battery pack offers best-in-class gravimetric energy density at 53 kWh, establishing a new technological pillar for LION's mobile market portfolio and forming the basis for further scaling and industrialization.
For 2026, LION expects continued growth, with revenue forecast above EUR 35 million and again a strongly positive EBITDA. However, in Q2 2026, battery pack production will be temporarily impacted by a planned two-month factory shutdown for conversion works, with operations resuming at the end of June. The new production lines will focus on battery packs with high-performance NMC+ battery cells, and a significant portion of 2026 revenues is expected in the second half of the year.
Increasing demand in the BESS and defense sectors provides additional growth opportunities. LION is currently working on several defense-related inquiries, including a collaboration with Mandrill Engineering, where LION Smart's high-performance battery technology powers an advanced unmanned ground vehicle (UGV), enabling reliable performance and extended mission capabilities in demanding environments.
For more information, visit the company's website at www.lionemobility.com.
