LION E-Mobility AG reported substantial financial improvement in the 2025 fiscal year, with preliminary figures showing total revenue increasing by 68% to EUR 28.3 million from EUR 16.9 million in 2024. EBITDA improved significantly to EUR 7.5 million, compared to a loss of EUR 3.6 million the previous year, resulting in an EBITDA margin of 26.4%. Net profit also turned positive, reaching EUR 3.0 million versus a loss of EUR 6.6 million in 2024. CEO Dr. Joachim Damasky attributed the strong performance to a recovery in market demand for batteries, the strength of the company's product portfolio, and effective execution capabilities.
The growth was primarily driven by battery sales to bus manufacturers, supported by favorable procurement conditions and consistent cost and efficiency measures. Operating cash flow also saw a dramatic improvement, reaching EUR 7.7 million in 2025, compared to a negative EUR 6.5 million in 2024, confirming a sustainable turnaround. The company's Battery Energy Storage Systems (BESS) segment is expanding, with a growing pipeline, including projects in Italy, and a strengthened sales team to meet market demand. For more information about the company's operations, visit https://www.lionemobility.com.
LION has successfully delivered its new NMC+ battery pack prototypes to customers, confirming market readiness and performance under operational conditions. With a gravimetric energy density of 53 kWh, the NMC+ battery pack establishes a new technological foundation for scaling and industrialization in the mobile market. For 2026, LION expects continued growth, with revenue projected above EUR 35 million and a strongly positive EBITDA. However, battery pack 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 high-performance NMC+ battery cells, leading to a significant portion of 2026 revenues being generated in the second half of the year. Additional growth opportunities are emerging in the BESS and defense sectors. 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 in demanding environments. This development highlights the company's expanding technological applications beyond commercial mobility into specialized defense markets.
