LION E-Mobility AG: Strong growth and increase in EBITDA in FY 2025

LION E-Mobility AG: Strong growth and increase in EBITDA in FY 2025
Zug, April 1, 2026 - LION E-Mobility AG (LION; ISIN: CH0560888270), a leading manufacturer of battery packs for electric mobility and energy storage solutions, recorded a very positive business development in the 2025 financial year. According to preliminary figures, total revenue reached EUR 28.3 million, a 68% increase compared to EUR 16.9 million in 2024. EBITDA improved significantly to EUR 7.5 million (2024: EUR -3.6 million) resulting in an EBITDA margin of 26.4%. Net profit also improved from EUR -6.6 million to EUR 3.0 million. Growth was primarily driven by a strong recovery in market demand for batteries.

Dr. Joachim Damasky, CEO of LION E-Mobility AG, comments: "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. The current momentum in the global battery market provides a solid foundation for continued growth going forward.”

In a highly challenging market environment, revenue was mainly driven by battery sales to bus manufacturers. EBITDA improved thanks to sustained revenue momentum, favorable procurement conditions, and consistent cost and efficiency measures.

Operating cash flow also saw a huge improvement, reaching EUR 7.7 million in 2025, compared to EUR -6.5 million in the previous year. This confirms the company’s sustainable turnaround compared and provides a solid foundation for further profitable growth.

BESS pipeline expanding with strong momentum
LION continues to make strong progress in its Battery Energy Storage Systems (BESS) segment. Following the successful sale of its first project, the Company’s BESS pipeline is expanding steadily, also in Italy. Due to the market demand, LION has considerably strengthened its BESS sales team.

NMC+ battery packs successfully delivered and already operating in customer fleets
LION has already successfully delivered its new NMC+ battery pack prototypes to customers for testing purposes and confirmed the system’s market readiness and performance under operational conditions. With best-in-class gravimetric energy density at 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.

Outlook for 2026
For 2026, LION expects continued growth, with revenue above EUR 35 million and again a strongly positive EBITDA.

In Q2 2026, the LION 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 the high-performance NMC+ battery cells. As a result, a significant portion of the 2026 revenues is expected to be generated in the second half of the year.

At the same time, increasing demand in the BESS and defense sectors provides additional growth. LION is currently working on several defence-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.

About LION E-Mobility AG:
LION E-Mobility AG is a manufacturer of lithium-ion battery packs. The company offers customized plug-and-play solutions for electric vehicles as well as for stationary and industrial applications. With a current annual production capacity of 2 GWh, LION is ideally positioned to address the growing demand for high-performance energy storage solutions. The company operates highly automated module assembly lines at its own production facility in Germany. LION's battery packs offer the highest standards in terms of safety, quality, and reliability. Founded in 2011, LION E-Mobility AG (ISIN: CH0560888270, WKN: A2QH 97) is listed on the stock exchanges in Munich, Frankfurt, and Hamburg.

www.lionemobility.com

LION E-Mobility Investor Relations:
Kirchhoff Consult
lion@kirchhoff.de
ir@lionemobility.com | www.lionemobility.com

Disclaimer:
Statements that express or contain forecasts, expectations, views, plans, goals and assumptions regarding future events or performance are not considered historical facts and may therefore be forward-looking statements. Forward-looking statements are based on the expectations, estimates and plans at the time the statements were made, and therefore involve a number of risks and uncertainties that could cause actual results or events to differ materially from those currently anticipated become. LION E-Mobility AG is under no obligation to update the forward-looking statements in this press release.