Company Name: LION E-Mobility AG ISIN: CH0560888270   Reason for the research: Update Recommendation: Buy from: 08.11.2024 Target price: EUR 3.60 Target price on sight of: 12 months Last rating change: Analyst: Christian Sandherr LIGHT battery closer to commercialization // TÜV SÜD stake sold LION E-Mobility announced [ … ]

Successful AMG // Surprisingly strong JV performance Topic: During the last weeks, LION published its FY23 annual report and hosted its AGM. Here are the key takeaways: FY23 marked a milestone as the company transformed itself into an automated manufacturer of high-quality battery packs for mobility and storage solutions through the acquisition [ … ]

CMD underpins promising mid-term prospects; chg Q1 sales came in at a mere € 1.2m with an EBITDA of € -2.6m. This is a significant decrease compared to the particularly strong Q4 last year with roughly € 26m sales and € 1m EBITDA. As pointed out during the earnings call, this should mainly be driven by the seasonal distribut [ … ]

On the road for accelerating growth; chg. est. Topic: LION E-Mobility published its FY23 prelims and FY24 guidance. While the latter came in below our estimates, it offers plenty of room for upside. Valuation remains highly attractive. FY23 revenues increased by 4% yoy to € 56.1m, whereas € 26.3m came from Q4 alone. FY EBITDA stood  [ … ]

Large order from electric bus manufacturer Topic: LION E-Mobility received a € 12m order for battery packs from electric bus manufacturer KARSAN. Its ambitious growth prospects and recent order momentum should leave room for additional battery pack orders in the short-term. In detail, the € 12m battery pack order comprises € 6m [ … ]

A new CEO to kick off the year Topic: LION announced to have a singed a highly qualified successor for the current CEO, which is leaving at the end of January. Following LION‘s major transformation last year, the company looks poised for strong growth. At the end of November, LION announced the departure of its CEO Winfried Buss end of  [ … ]

Preparing for growth following 2023 as transition year Topcic: LION published its solid 9M figures, which should be followed by a 2024 marked by strong growth and op. improvements. The recent share price weakness provides a good risk/reward opportunity, in our view. Solid 9M performance amid significant operational changes. Throughout H1 '23, [ … ]