Wallbox N.V., a provider of electric vehicle charging and energy management solutions, announced its financial results for the second quarter ended June 30, 2025. The company reported revenue of €38.3 million for the quarter, aligning with its guidance. This represents a decline from the €48.8 million recorded in the second quarter of 2024. The Gross Margin for the quarter stood at 37.8%. Adjusted EBITDA for the quarter was reported at €(7.5) million, showing a 33% improvement compared to the same period last year. The company also highlighted a 21% quarter-over-quarter growth in North American AC sales and a 33% increase in sales of Supernova DC units compared to the first quarter of 2025. Additionally, Wallbox reported a significant reduction in labor costs and operating expenses, decreasing by 25% year-over-year. In terms of outlook, Wallbox expects a negative Adjusted EBITDA between €(4) million and €(6) million moving forward. A notable business update includes the installation of its first Quasar 2 units in California, marking a significant step in the commercial deployment of its next-generation bidirectional charging technology. Furthermore, the company secured approximately $15 million in new funding, providing additional financial flexibility for its strategic initiatives.
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