Quarterly ResultMay 18, 2026, 08:17 AM
Turbo Energy 2025 Revenue $23.46M (+107%); Net Loss $1.36M
AI Summary
Turbo Energy, S.A. announced the filing of its 2025 Annual Report on Form 20-F, reporting full-year revenue of $23.46 million, a 107% increase from 2024. The company significantly improved its operating performance, reducing operating loss to $0.91 million and net loss to $1.36 million. Turbo Energy also strengthened its financial position in early 2026 by raising $5.0 million, increasing shareholders' equity to $6.48 million, and expanded strategically into new markets and partnerships.
Key Highlights
- 2025 revenue reached $23.46 million, representing 107% year-over-year growth.
- Operating loss decreased to $0.91 million in 2025 from $4.11 million in 2024.
- Net loss decreased to $1.36 million in 2025 from $3.45 million in 2024.
- Raised approximately $5.0 million in gross proceeds through RDO and ATM in early 2026.
- Shareholders' equity increased to $6.48 million in 2026 from $1.88 million in 2025.
- Formed a strategic partnership with Hithium for AI-driven battery optimization.
- Expanded into Latin America (Chile) and the United States with UL certification.
- Secured a $53 million industrial energy infrastructure contract, with $11.741 million revenue in 2025.
Price Impact
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