LION E-Mobility AG Publishes Annual Report 2023 and Confirms Outlook 2024 [Yahoo! Finance]
Lion Group Holding Ltd. - American Depositary Share (LGHL)
Company Research
Source: Yahoo! Finance
in e-mobility and energy storage solutions, today published its audited annual report for the LION Group for the 2023 financial year. Revenue reached 56.1 million, which corresponds to an increase of 4% compared to the previous year ( 53.8 million). The operating result EBITDA reached 0.0 million compared to -0.2 million in 2022. The EBITDA was thus slightly higher than the preliminary EBITDA published on 21 March 2024. The increase in sales was primarily driven by rising demand for LION battery packs in the rapidly growing markets for electric trucks and buses in North America and Europe as well as in the expanding BTM C&I (Behind-The-Meter Commercial and Industrial) sector in Europe. Outlook 2024 confirmed For full year 2024, LION still expects to reach revenues in the range of 60 million - 65 million, representing growth of around 11% and an expected EBITDA of 0.5 million - 1 million. The full annual report is available on the LION E-Mobility website at https://lionemobilit
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LGHL
Sec Filings
- 9/3/24 - Form 6-K
- 8/19/24 - Form 6-K
- 8/13/24 - Form 6-K
- LGHL's page on the SEC website