Schmid Group NV reported preliminary, unaudited sales of approximately €61.0 million for the financial year 2024, with adjusted EBITDA around €0 million and unadjusted EBITDA at approximately €-56.0 million. The 2024 results were impacted by a significant decline in demand in China and special effects, including an IFRS2 accounting charge of about €-71.7 million and costs related to the Nasdaq listing and de-SPAC transaction totaling €6.7 million. A gain of up to €22.3 million was recognized from the sale and deconsolidation of the battery division. For 2025, Schmid forecasts sales between €72.0 million and €77.0 million, with unadjusted EBITDA expected to be around 15% of sales. Business developments included ongoing negotiations for a new financing package, restructuring of financial liabilities, and a majority shareholder waiver of €5.0 million in financial liabilities. The financial figures for 2024 remain subject to change pending audit completion.