Lion E‑Mobility AG: A Forced Re‑evaluation of a Distressed Play
The latest commentary from both Wallstreet‑Online and EQS‑Cockpit converges on a single, unequivocal recommendation: BUY. Their bullish stance is predicated on a projected operational turnaround that the company is expected to confirm in the forthcoming Q3 results, scheduled for release on 11 November 2025.
The Context: A Troubled FY24
Lion E‑Mobility’s FY24 performance was a stark demonstration of the volatility inherent in the e‑mobility sector. Net sales collapsed to a mere €17 million, a 70 % decline year‑over‑year, while the company’s profitability slipped into negative territory, reflected in a price‑earnings ratio of ‑2.107. Despite the near‑collapse of its market valuation—closing at €1.12 on 23 October—trading range from €0.35 to €2.02 in 52 weeks, the company’s €17.8 million market cap remains a testament to the high risk, high reward potential investors are willing to entertain.
The Turning Point: H1 Momentum
A key catalyst for the current bullish thesis lies in the company’s first‑half performance. Sales surged to €10.4 million, a 70 % increase year‑over‑year, a figure that belies the bleak FY24 narrative. This uptick is attributed to “better order momentums at key mobility customers,” a statement that, if validated, could signal a shift from a reactive to a proactive market stance.
Q3 Outlook: From Forecast to Reality
The core of the bullish case hinges on the Q3 forecast, where analysts project:
| Metric | Forecast | Context |
|---|---|---|
| Revenue | €6 million | Roughly €9 million in sales of €16.4 million, a 32 % increase YoY |
| EBITDA | €0.2 million | Positive EBITDA, a stark improvement from the previous year’s €‑6 million |
The emphasis on “tight cost‑control” and an “improving top line” suggests that the company has begun to navigate the operational trough, an assertion that would justify the €2.90 target price set by Christian Sandherr of NuWays AG for the next 12 months.
The Risk Profile Remains High
Despite the optimistic projection, the company’s fundamentals remain fragile. A negative P/E ratio and the steep decline in sales paint a picture of a business that has yet to establish a sustainable revenue model. The reliance on “key mobility customers” also introduces concentration risk; any contraction in this customer base could swiftly reverse the perceived upside.
Conclusion
Lion E‑Mobility AG sits at a precarious crossroads. The latest research suggests that the company is poised to emerge from its FY24 downturn, backed by a strong H1 performance and promising Q3 forecasts. While the BUY recommendation reflects this potential, it must be tempered by an acute awareness of the company’s ongoing volatility, negative profitability metrics, and the concentration of its customer base. Investors who decide to act on this signal should do so with a rigorous risk assessment, ensuring that the potential upside is commensurate with the substantial downside that remains on the horizon.
