LION E-Mobility AG (LION; ISIN: CH0560888270), a manufacturer of battery packs for electric mobility and energy storage, announced preliminary results for the 2025 financial year, showing significant growth and improved profitability. Total revenue reached EUR 28.3 million, a 68% increase from EUR 16.9 million in 2024. EBITDA improved to EUR 7.5 million from a loss of EUR -3.6 million, yielding an EBITDA margin of 26.4%. Net profit turned positive at EUR 3.0 million, compared to a net loss of EUR -6.6 million in the prior year. The company attributed the growth to a recovery in market demand for batteries.
Dr. Joachim Damasky, CEO of LION E-Mobility AG, commented: "We are very pleased with our strong and significant progress achieved throughout 2025. The substantial increase in revenue and the marked improvement in EBITDA reflect the recovery in market demand as well as the strength of our product portfolio and execution capabilities." Revenue was primarily driven by battery sales to bus manufacturers. EBITDA improvement resulted from sustained revenue momentum, favorable procurement conditions, and cost efficiency measures. Operating cash flow also improved substantially to EUR 7.7 million in 2025, compared to EUR -6.5 million in 2024, confirming the company’s sustainable turnaround and providing a foundation for further profitable growth.
In the Battery Energy Storage Systems (BESS) segment, LION is expanding its pipeline, including in Italy, and has strengthened its BESS sales team following the successful sale of its first project. Additionally, LION has delivered its new NMC+ battery pack prototypes to customers for testing, with best-in-class gravimetric energy density at 53 kWh, establishing a new technological pillar for its mobile market portfolio and forming a basis for scaling and industrialization.
For 2026, LION expects continued growth with revenue above EUR 35 million and strongly positive EBITDA. However, production will be temporarily impacted by a planned two-month factory shutdown in Q2 2026 for conversion works to focus on NMC+ battery cell production. As a result, a significant portion of 2026 revenues is expected in the second half of the year. Increasing demand in BESS and defense sectors provides additional growth opportunities. LION is working on several defense-related inquiries, including a collaboration with Mandrill Engineering, where LION Smart’s battery technology powers an advanced unmanned ground vehicle.
