LION E-Mobility AG, a manufacturer of battery packs for electric mobility and energy storage solutions, reported preliminary financial results for the 2025 fiscal year showing substantial growth and improved profitability. According to the company's announcement, total revenue reached EUR 28.3 million, representing a 68% increase compared to EUR 16.9 million in 2024. The company achieved a significant turnaround in earnings before interest, taxes, depreciation, and amortization (EBITDA), which improved to EUR 7.5 million from EUR -3.6 million in the previous year, resulting in an EBITDA margin of 26.4%. Net profit also showed marked improvement, moving from EUR -6.6 million in 2024 to EUR 3.0 million in 2025.
The company attributed this growth primarily to a strong recovery in market demand for batteries, particularly in the electric bus sector. Dr. Joachim Damasky, CEO of LION E-Mobility AG, stated that the substantial increase in revenue and marked improvement in EBITDA reflect both market recovery and the strength of the company's product portfolio and execution capabilities. Operating cash flow also saw significant improvement, reaching EUR 7.5 million in 2025 compared to EUR -6.5 million in the previous year, confirming what the company described as a sustainable turnaround.
Beyond financial performance, LION E-Mobility reported progress across multiple business segments. The company's Battery Energy Storage Systems (BESS) pipeline is expanding steadily, including in Italy, following the successful sale of its first project. Due to market demand, LION has considerably strengthened its BESS sales team. In the mobile battery market, the company has successfully delivered its new NMC+ battery pack prototypes to customers for testing, confirming the system's market readiness and performance under operational conditions. The NMC+ battery pack features best-in-class gravimetric energy density at 53 kWh and establishes what the company describes as a new technological pillar for its mobile market portfolio.
Looking ahead to 2026, LION expects continued growth with revenue above EUR 35 million and another strongly positive EBITDA. The company noted that its battery pack production will be temporarily impacted in the second quarter of 2026 by a planned two-month factory shutdown for conversion works, with operations scheduled to resume at the end of June. The new production lines will focus on battery packs with high-performance NMC+ battery cells, and as a result, a significant portion of 2026 revenues is expected to be generated in the second half of the year.
Additional growth opportunities are emerging in the BESS and defense sectors, with LION currently working on several defense-related inquiries. A recent example cited is the 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. The company operates with an annual production capacity of 2 GWh and maintains highly automated module assembly lines at its production facility in Germany. More information about the company is available at https://www.lionemobility.com.
