LION E-Mobility AG, a manufacturer of battery packs for electric mobility and energy storage solutions, reported a substantial financial improvement for the 2025 fiscal year. According to preliminary figures, total revenue reached EUR 28.3 million, representing a 68% increase from EUR 16.9 million in 2024. The company's EBITDA improved significantly to EUR 7.5 million, compared to a negative EUR 3.6 million in the previous year, resulting in a positive EBITDA margin of 26.4%. Net profit also turned positive, improving from a loss of EUR 6.6 million to a profit of EUR 3.0 million.
This financial turnaround is important as it signals a recovery in the battery market and demonstrates the company's operational resilience. The improvement reflects broader industry trends where demand for electric mobility and energy storage solutions is accelerating globally. For stakeholders, including investors and industry partners, these results indicate LION's strengthened market position and potential for sustainable growth in a competitive sector.
Growth was primarily driven by a strong recovery in market demand for batteries, with revenue mainly fueled by battery sales to bus manufacturers. EBITDA improvement was attributed to sustained revenue momentum, favorable procurement conditions, and consistent cost and efficiency measures. Operating cash flow also saw a significant improvement, reaching EUR 7.7 million in 2025 compared to a negative EUR 6.5 million in 2024, confirming the company's sustainable turnaround.
Dr. Joachim Damasky, CEO of LION E-Mobility AG, stated that the substantial increase in revenue and marked improvement in EBITDA reflect the recovery in market demand as well as the strength of the company's product portfolio and execution capabilities. He noted that the current momentum in the global battery market provides a solid foundation for continued growth going forward.
In its Battery Energy Storage Systems (BESS) segment, LION continues to make strong progress. Following the successful sale of its first project, the company's BESS pipeline is expanding steadily, including in Italy. Due to market demand, LION has considerably strengthened its BESS sales team. This expansion is significant as it positions the company to capitalize on growing needs for grid stability and renewable energy integration worldwide.
Technologically, LION has successfully delivered its new NMC+ battery pack prototypes to customers for testing and confirmed the system's market readiness and performance under operational conditions. With a best-in-class gravimetric energy density of 53 kWh, the NMC+ battery pack establishes a new technological pillar for LION's mobile market portfolio and forms the basis for further scaling and industrialization. This advancement matters because higher energy density batteries enable longer ranges for electric vehicles and more efficient energy storage, addressing key consumer and industrial concerns.
For 2026, LION expects continued growth, with revenue above EUR 35 million and again a strongly positive EBITDA. In the second quarter of 2026, battery pack production will be temporarily impacted 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, meaning a significant portion of 2026 revenues is expected in the second half of the year.
Simultaneously, increasing demand in the BESS and defense sectors provides additional growth opportunities. LION is currently working on several defense-related inquiries. A recent example 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. This diversification into defense applications highlights the versatility of LION's technology and its potential to impact multiple high-stakes industries.
The company's performance and outlook are detailed in its official communications available at https://www.lionemobility.com. The broader implications of LION's growth extend to the electric vehicle and energy storage markets, where reliable, high-performance battery solutions are critical for reducing carbon emissions and enhancing energy security globally.
