Wallbox Announces Third Quarter 2024 Financial Results
Wallbox N.V. (WBX)
Company Research
Source: Business Wire
BARCELONA, Spain--(BUSINESS WIRE)--Wallbox N.V. (NYSE:WBX), a leading provider of electric vehicle (“EV”) charging and energy management solutions worldwide, today announced its financial results for the third quarter ended September 30, 2024 and provided a business update.Third Quarter 2024 Highlights and Business Update:Generated revenue of €34.7 million, representing an increase of 7% compared to the same period last year. Excluding a one-off revenue charge of €1.6 million during the quarter, year over year growth was 12%Exceptional performance in the North American market with 45% year-over-year revenue growth, significantly higher than the EV market growth of 4%1. This further diversifies the geographical footprint while leveraging the complete product portfolio in all charging segments (Home, Commercial and Fast Charging)Continued optimization of operations by reducing costs and CAPEX26% revenue growth year to date compared to the same period last year, versus only a 3% grow
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WBX
Sec Filings
- 12/19/24 - Form 6-K
- 11/12/24 - Form SC
- 11/6/24 - Form 6-K
- WBX's page on the SEC website