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EQS-News: LION E-Mobility AG / Key word(s): Annual Report/Forecast
LION E-Mobility AG publishes Annual Report 2023 and confirms outlook 2024
2024-06-24 / 09:33 CET/CEST
The issuer is solely responsible for the content of this announcement.
LION E-Mobility AG publishes Annual Report 2023 and confirms outlook 2024
Zug (Switzerland), June 24, 2024 - LION E-Mobility AG (LION; ISIN: CH0560888270), a leading battery pack manufacturer
specializing in e-mobility and energy storage solutions, today published its audited annual report for the LION Group
for the 2023 financial year. Revenue reached EUR 56.1 million, which corresponds to an increase of 4% compared to the
previous year (EUR 53.8 million). The operating result EBITDA reached EUR0.0 million compared to EUR -0.2 million in 2022.
The EBITDA was thus slightly higher than the preliminary EBITDA published on 21 March 2024.
The increase in sales was primarily driven by rising demand for LION battery packs in the rapidly growing markets for
electric trucks and buses in North America and Europe as well as in the expanding BTM C&I (Behind-The-Meter Commercial
and Industrial) sector in Europe.
Outlook 2024 confirmed
For full year 2024, LION still expects to reach revenues in the range of EUR60 million - EUR65 million, representing growth
of around 11% and an expected EBITDA of EUR0.5 million - EUR1 million.
The full annual report is available on the LION E-Mobility website at https://lionemobility.com/news-publications/#
financial-documents.
The Annual General Meeting will take place on 27 June 2024 in Zug (Switzerland). Further information is available at
https://lionemobility.com/shareholder-meetings/.

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.




2024-06-24 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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Archive at www.eqs-news.com  
Language:     English 
Company:      LION E-Mobility AG 

Chamerstrasse 172
6300 Zug
Switzerland

Phone:        +41 (0) 41 749 40 75 
E-mail:       info@lionemobility.com 
Internet:     www.lionemobility.com 
ISIN:         CH0560888270 
WKN:          A2QH97 
Listed:       Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt, Hamburg, Munich (m:access), Tradegate 

Exchange
EQS News ID: 1931279

End of News EQS News Service
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1931279 2024-06-24 CET/CEST

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June 24, 2024 03:33 ET (07:33 GMT)