LION E-Mobility AG, a manufacturer of battery packs for electric mobility and energy storage solutions, reported substantial financial improvement in its 2025 fiscal year, with preliminary figures showing total revenue reaching €28.3 million, representing a 68% increase from €16.9 million in 2024. The company's EBITDA improved significantly to €7.5 million compared to a negative €3.6 million in the previous year, resulting in a 26.4% EBITDA margin. Net profit also turned positive at €3.0 million, recovering from a loss of €6.6 million in 2024.
CEO Dr. Joachim Damasky attributed the strong performance to market recovery and the company's execution capabilities, stating that current momentum in the global battery market provides a foundation for continued growth. Revenue growth was primarily driven by battery sales to bus manufacturers, while EBITDA improvement resulted from sustained revenue momentum, favorable procurement conditions, and consistent cost management measures. Operating cash flow also showed substantial improvement, reaching €7.7 million in 2025 compared to negative €6.5 million in 2024.
The company's Battery Energy Storage Systems (BESS) segment continues to expand, with a growing pipeline of projects, including in Italy, and a strengthened sales team to meet market demand. LION has successfully delivered its new NMC+ battery pack prototypes to customers, confirming market readiness and performance under operational conditions. The NMC+ battery pack features a gravimetric energy density of 53 kWh and establishes a new technological foundation for the company's mobile market portfolio.
For 2026, LION expects continued growth with revenue above €35 million and another strongly positive EBITDA. The company's battery pack production will be temporarily impacted in the second quarter 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, with a significant portion of 2026 revenues expected in the second half of the year.
Additional growth opportunities are emerging in the BESS and defense sectors, where LION is currently working on several defense-related inquiries. One 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 in demanding environments. The company's financial turnaround and strategic positioning in growing markets demonstrate its potential to capitalize on increasing global demand for energy storage solutions. More information about the company can be found at https://www.lionemobility.com.
