Sono Group NV Reports €8.0 Million H1 2025 Net Income, Driven by Fair Value Gains; Q2 Net Loss Reduced by 44% from Previous Year
Reuters
Aug 20, 2025
Sono Group NV Reports €8.0 Million H1 2025 Net Income, Driven by Fair Value Gains; <a href="https://laohu8.com/S/QTWO">Q2</a> Net Loss Reduced by 44% from Previous Year
Sono Group NV has reported its financial results for the second quarter and first half of 2025. The company achieved a net income of €8.0 million for the first half of 2025, primarily driven by gains from fair value changes in convertible notes. The net loss for the second quarter of 2025 was €0.8 million, representing a 44% reduction compared to the net loss in the second quarter of 2024. Cash used in operating activities significantly improved to €3.5 million in the first half of 2025, down from €15.9 million in the same period of 2024. The company maintained consistent revenue generation in line with its commercialization roadmap, supported by initial deliveries and customer acceptances. General and administrative expenses were tightly controlled, with reductions of 21% in the first half and 35% in the second quarter of 2025 compared to the previous year. Looking forward, Sono Group NV continues to focus on its commercialization roadmap centered on OEM-driven customer value and partner-led scaling. The company is working to generate orders in the third and fourth quarters of 2025. A notable business update includes the rebranding of its operating subsidiary to "SonoSolar," enhancing its position as a solar mobility integrator for commercial vehicles.
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