Wallbox Announces First Quarter 2025 Financial Results

About this update from Wallbox N.v.

[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":22678,"height":5182,"url":"https://media.zenfs.com/en/business-wire.com/c8dd95ec2dd29ca96d2362cfcdb472ce"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/RWUJWTrFiDRXXKiic5HpwQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTIxOTtjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/c8dd95ec2dd29ca96d2362cfcdb472ce","width":960,"height":219},"lightbox":{"url":"https://s.yimg.com/ny/api/res/1.2/xxEwBLSnDQOh3HqR7Gl.Ww--/YXBwaWQ9aGlnaGxhbmRlcjt3PTI0MDA7aD01NDg7Y2Y9d2VicA--/https://media.zenfs.com/en/business-wire.com/c8dd95ec2dd29ca96d2362cfcdb472ce","width":1200,"height":274}},"lazy":false},{"type":"text","content":"BARCELONA, Spain, May 07, 2025--(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 first quarter ended March 31, 2025 and provided a business update.","length":294,"tagName":"p"},{"type":"text","content":"First Quarter 2025 Highlights and Business Update:","length":50,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Generated revenue of €37.6 million in the quarter exceeding the guidance provided last quarter","length":94,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Improved Gross Margin by 634 basis points quarter over quarter, now landing at 38.1% for the first quarter of 2025, within our target range","length":139,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Adjusted EBITDA was €(7.8) million representing a 42% improvement quarter-over-quarter","length":86,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"North American sales maintained strong momentum, growing by 142% compared to the same period last year","length":102,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Strong recovery of DC sales, growing 41% compared to last quarter","length":65,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Continued operational optimization resulted in a 13% quarter-over-quarter reduction in labor costs and OPEX","length":107,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Opened pre-orders for Wallbox's Quasar 2 bi-birectional charger, in p...

More updates from Wallbox N.v.