Voltatron (VOTR) Q1 2025 earnings summary

Executive summary

• Strategic realignment executed with new management, shareholder structure, and focus on electronics and storage solutions; EKM Elektronik GmbH acquired and high-voltage battery business divested.

• Group generated €3.1 million revenue in Q1 2025, with €1.7 million from continuing operations and €1.4 million from discontinued operations.

• Consolidated net income reached €2.0 million, mainly due to a €2.6 million one-off gain from the sale of high-voltage battery assets.

Financial highlights

• Group EBITDA from continuing operations was €-0.2 million, improved from €-0.3 million year-over-year.

• Earnings per share rose to €0.10 from €-0.04 year-over-year.

• Cash and cash equivalents increased to €12.2 million from €2.1 million at year-end 2024.

• Total assets rose to €43.9 million, up from €5.7 million at December 31, 2024, driven by EKM acquisition.

• Economic equity, including subordinated loans, reached €33.0 million.

Outlook and guidance

• 2025 Group revenue expected between €15 million and €20 million.

• EBITDA from continuing operations forecasted between break-even and €1 million, factoring in restructuring costs.

• One-off positive effect of €2.6 million from high-voltage battery business sale and negative €0.4 million from GreenCluster exit anticipated.