AcquisitionsAug 5, 2026, 04:38 PM
LiveWire Acquires Dust Motorcycles; Q2 Net Loss $(18.2)M
AI Summary
LiveWire Group, Inc. completed the acquisition of Dust Motorcycles, Inc. on May 18, 2026, to expand its presence in the off-road electric motorcycle market. For the second quarter ended June 30, 2026, the company reported a net loss of $(18.2) million on net revenue of $9.1 million. Cash and cash equivalents decreased to $52.9 million, and the company is actively seeking additional financing to support ongoing operations and future investments.
Key Highlights
- Acquired Dust Motorcycles, Inc. on May 18, 2026, for $3.631M total consideration.
- Q2 2026 net revenue increased to $9.115M from $5.873M in Q2 2025.
- Q2 2026 net loss was $(18.213)M, slightly improved from $(18.826)M in Q2 2025.
- Cash and cash equivalents decreased to $52.869M as of June 30, 2026.
- Net cash used in operating activities for H1 2026 was $(26.406)M.
- Sold 70,256 shares for $100K under ATM Program in Q2 2026.
- Management expects current cash to fund operations for at least 12 months.
- Company actively exploring additional financing alternatives.
Price Impact
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