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 and provides a solid foundation for further profitable growth.
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. Additionally, 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.
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. More information is available at www.lionemobility.com.
