Gogoro Inc
GGRConsumer Cyclical·Auto Manufacturers·Taiwan·Nano·NASD·Nov 11 • 3:59 PM ET
2.70-0.12 (-4.26%)
2026-11-12 00:09 CET
Market cap
41.66 USD m
Revenue, TTM
285.58 USD m
Net income, TTM
-48.48 USD m
Free cash flow, TTM
3.15 USD m
EPS diluted, TTM
-3.16
P/E
-
Price
GGR against its 20, 50 and 200-day averages2050200earnings
50.3% under the 52-week high of 5.43 on 6 Mar 2026. 52-week low 2.02 on 24 Aug 2026. Last 15 sessions, 17.7% high to low
Volume 0.16× normal · the line is the 50-bar volume average
Profile
GGR52-week range, 20% of the way up
2.025.43
Gogoro, Inc. engages in the provision of electric scooter and related hardware and battery swapping and energy services. It offers Gogoro S1, Gogoro SuperSport, 2 Series, Gogoro VIVA, and Gogoro VIVA MIX.The company was founded by Horace Luke and Matt Taylor and is headquartered in Taipei, Taiwan.
| Employees | 1300 |
|---|---|
| IPO | Mar 01, 2021 |
| Beta | 1.02 |
| ATR, 14d | 0.17 |
| Rel volume | 0.16 |
| Short float | 2.69% |
| Insider own | 78.62% |
| Inst own | 9.62% |
Snapshot
6 groupsValuation
| Index | - |
|---|---|
| Market Cap | 39.89M |
| Enterprise Value | 326.34M |
| Income | -48.48M |
| Sales | 285.58M |
| Book/sh | 5.60 |
| Cash/sh | 4.66 |
| Dividend Est. | - |
| Dividend TTM | - |
| Dividend Ex-Date | - |
| Dividend Gr. 3/5Y | - - |
| Payout | - |
| Employees | 1300 |
| IPO | Mar 01, 2021 |
Ratios
| P/E | - |
|---|---|
| Forward P/E | - |
| PEG | - |
| P/S | 0.14 |
| P/B | 0.48 |
| P/C | 0.58 |
| P/FCF | 12.66 |
| EV/EBITDA | 6.04 |
| EV/Sales | 1.14 |
| Quick Ratio | 0.54 |
| Current Ratio | 0.69 |
| Debt/Eq | 3.16 |
| LT Debt/Eq | 2.31 |
| Option/Short | Yes / Yes |
Earnings
| EPS (ttm) | -3.16 |
|---|---|
| EPS next Y | - |
| EPS next Q | - |
| EPS this Y | - |
| EPS next Y | - |
| EPS next 5Y | - |
| EPS past 3/5Y | 15.27% 7.06% |
| Sales past 3/5Y | -9.74% -5.02% |
| EPS Y/Y TTM | 66.22% |
| Sales Y/Y TTM | -1.28% |
| EPS Q/Q | 86.46% |
| Sales Q/Q | 7.30% |
| Earnings | Nov 11 BMO |
| EPS/Sales Surpr. | - - |
Ownership
| Insider Own | 78.62% |
|---|---|
| Insider Trans | 121.90% |
| Inst Own | 9.62% |
| Inst Trans | -92.11% |
| ROA | -7.29% |
| ROE | -36.71% |
| ROIC | -13.05% |
| Gross Margin | 17.12% |
| Oper. Margin | -11.81% |
| Profit Margin | -16.98% |
| SMA20 | -7.73% |
| SMA50 | -7.33% |
| SMA200 | -20.01% |
| Trades | - |
Technical
| Shs Outstand | 20.07M |
|---|---|
| Shs Float | 3.16M |
| Short Float | 2.69% |
| Short Ratio | 2.02 |
| Short Interest | 0.08M |
| 52W High | 5.43 -50.28% |
| 52W Low | 2.02 33.66% |
| Volatility | 6.77% 5.29% |
| ATR (14) | 0.17 |
| RSI (14) | 41.43 |
| Beta | 1.02 |
| Rel Volume | 0.16 |
| Avg Volume | 41.95K |
| Volume | 6,699 |
Performance
| Perf Week | -12.62% |
|---|---|
| Perf Month | -16.67% |
| Perf Quarter | 21.62% |
| Perf Half Y | -30.05% |
| Perf YTD | -1.46% |
| Perf Year | -32.67% |
| Perf 3Y | -94.77% |
| Perf 5Y | -98.64% |
| Perf 10Y | - |
| Recom | 3.00 |
| Target Price | 10.00 |
| Prev Close | 2.82 |
| Price | 2.70 |
| Change % | -4.26% |
Analyst ratings
latest 5 of 5| Date | Action | Analyst | Rating change | Target | Implied |
|---|---|---|---|---|---|
| Nov 15, 2024 | Downgrade | CCitigroup | Buy → Neutral | $2.30 → $0.50 | -81.5% |
| Aug 19, 2024 | Downgrade | TThe Benchmark Company | Buy → Hold | ||
| Dec 13, 2023 | Upgrade | JJP Morgan | Underweight → Neutral | ||
| Sep 20, 2022 | Initiated | JJP Morgan | Underweight | $4.30 | +59.3% |
| Jun 09, 2022 | Initiated | CCitigroup | Buy | $8.60 | +218.5% |
Peers
Mkt capInsider trading
1 filings| Insider | Relationship | Date | Transaction | Cost | Shares | Value | Total held | Form |
|---|---|---|---|---|---|---|---|---|
| Yin Chung-Yao | Director | Oct 07 '26 | Buy | 2.48 | 14,158,991 | 35,114,298 | 20,254,338 | Oct 09 06:30 AM |
News
latest 14 of 100- Gogoro's Record 24.4% Gross Margin Is Overshadowed By Its First Revenue Guidance Cut As Q2's Recovery Story Stalls (Earnings Whispers)
- Gogoro Reports Narrower Q3 Loss and Record Gross Margin of 24.4% Despite Revenue Decline (InvestorsHub)
- Gogoro Releases Third Quarter Financial Results, Gogoro Reports Continued Gross Margin Improvement (GlobeNewswire)
- Gogoro to Announce Third Quarter 2026 Financial Results on November 11 at 7 a.m. Eastern Time (GlobeNewswire)
- Gogoro Inc. Appoints Three New Directors to Strengthen Board Leadership and Governance (GlobeNewswire) -6.27%
- Gogoro Inc. Announces US$61.8 Million New Round of Equity Investments (GlobeNewswire)
- Gogoro sees turnaround ahead of schedule as Vietnam rollout gathers pace (DigiTimes)
- Gogoro Inc (GGR) (Q2 2026) Earnings Call Highlights: Revenue Growth and Record Margins Signal ... (GuruFocus.com) +29.07%
- Gogoro Shares Slide 15% Despite Smaller Loss and Stronger Margins (InvestorsHub)
- Gogoro Inc. Announces Retirement of Chief Financial Officer and Appointment of Principal Financial Officer (GlobeNewswire)
- Gogoro Releases Second Quarter Financial Results, Gogoro Continues to Focus on Sustainable Growth (GlobeNewswire)
- Gogoro to Announce Second Quarter 2026 Financial Results on August 24 at 8 a.m. Eastern Time (GlobeNewswire) +20.16%
- Taiwan scooter sales rise in June as SYM holds lead and Gogoro surges (DigiTimes)
- Gogoro CEO says 2026 is the company's most critical year as Luna model targets a market turnaround (DigiTimes)
Quarterly earnings
actual against estimate| Period | Reported | EPS act | EPS est | EPS rep | Sales act | Sales est | Analysts |
|---|---|---|---|---|---|---|---|
| 2026Q3 | 2026-11-11 | -0.170 | - | -0.170 | 70.60 | - | - |
| 2026Q2 | 2026-08-24 | -0.240 | - | -0.240 | 70.62 | - | - |
| 2026Q1 | 2026-05-21 | -0.500 | - | -0.496 | 62.91 | - | - |
| 2025Q4 | 2026-02-12 | -1.410 | - | -1.406 | 74.40 | - | - |
| 2025Q3 | 2025-11-11 | -1.010 | - | -1.012 | 77.65 | - | - |
| 2025Q2 | 2025-08-12 | -1.800 | - | -1.797 | 65.81 | - | - |
| 2025Q1 | 2025-05-08 | -1.200 | - | -1.290 | 63.62 | - | - |
| 2024Q4 | 2025-02-13 | -5.000 | - | -4.992 | 73.01 | - | - |
| 2024Q3 | 2024-11-14 | -1.200 | - | -1.270 | 86.86 | - | - |
| 2024Q2 | 2024-08-15 | -1.600 | - | -1.627 | 80.94 | - | - |
| 2024Q1 | 2024-05-09 | -1.200 | - | -1.113 | 69.71 | - | - |
| 2023Q4 | 2024-02-07 | -2.400 | - | -2.334 | 91.53 | - | - |
| 2023Q3 | 2023-11-16 | -0.200 | - | -0.265 | 91.75 | - | - |
| 2023Q2 | 2023-08-10 | -0.400 | - | -0.485 | 87.25 | - | - |
| 2023Q1 | 2023-05-11 | -3.400 | - | -3.499 | 79.32 | - | - |
| 2022Q4 | 2023-02-16 | -1.000 | - | -1.081 | 95.47 | - | - |
Annual earnings
| Period | EPS act | EPS est | EPS rep | Sales act | Sales est |
|---|---|---|---|---|---|
| 2021FY | -6.984 | -8.000 | -10.684 | 366.01 | 330 |
| 2022FY | -9.000 | -11.094 | -8.911 | 382.83 | 386.54 |
| 2023FY | -6.600 | -4.134 | -6.477 | 349.85 | 285.03 |
| 2024FY | -9.400 | -5.071 | -9.265 | 310.52 | 306.03 |
| 2025FY | -5.480 | - | -5.480 | 281.48 | 271.71 |
| 2026FY | - | -6.200 | - | - | 288.42 |
Estimate revisions
last 14 periods| Period | Type | Date | Estimates | Up | Down | Mean | Low | High |
|---|---|---|---|---|---|---|---|---|
| 2026FY | S | 2026-05-21 | 1 | 0 | 0 | 295.47 | 295.47 | 295.47 |
| 2026FY | S | 2026-04-28 | 1 | 0 | 0 | 292.84 | 292.84 | 292.84 |
| 2026FY | S | 2026-02-12 | 1 | 1 | 0 | 292.84 | 292.84 | 292.84 |
| 2026FY | S | 2026-01-27 | 1 | 0 | 0 | 288.42 | 288.42 | 288.42 |
| 2026FY | S | 2025-11-13 | 1 | 0 | 1 | 288.42 | 288.42 | 288.42 |
| 2026FY | S | 2025-11-11 | 1 | 0 | 0 | 311.9 | 311.9 | 311.9 |
| 2026FY | S | 2025-11-10 | 1 | 0 | 0 | 311.9 | 311.9 | 311.9 |
| 2026FY | S | 2025-11-09 | 1 | 0 | 0 | 311.9 | 311.9 | 311.9 |
| 2026FY | S | 2025-11-08 | 1 | 0 | 0 | 311.9 | 311.9 | 311.9 |
| 2026FY | S | 2025-11-07 | 1 | 0 | 0 | 311.9 | 311.9 | 311.9 |
| 2026FY | S | 2025-11-06 | 1 | 0 | 0 | 311.9 | 311.9 | 311.9 |
| 2026FY | S | 2025-11-05 | 1 | 0 | 0 | 311.9 | 311.9 | 311.9 |
| 2026FY | S | 2025-11-04 | 1 | 0 | 0 | 311.9 | 311.9 | 311.9 |
| 2026FY | S | 2025-11-03 | 1 | 0 | 0 | 311.9 | 311.9 | 311.9 |
Estimate history
| EPS, annual | -2.076 | -7.816 | -10.684 | -8.911 | -6.477 | -9.265 | -5.42 | -3.158 | |
|---|---|---|---|---|---|---|---|---|---|
| Period | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | |
| EPS, quarterly | -1.627 | -1.27 | -4.992 | -1.29 | -1.797 | -1.012 | -1.406 | -0.496 | -0.243 |
| Period | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 |
| Sales, annual | 439.24 | 364.125 | 366.009 | 382.826 | 349.846 | 310.641 | 281.48 | 285.58 | |
| Period | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | |
| Sales, quarterly | 80.944 | 86.856 | 73.007 | 63.621 | 65.813 | 77.647 | 74.399 | 62.914 | 70.62 |
| Period | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 |
| Shares, annual | 6.305 | 6.305 | 6.305 | 12.211 | 12.286 | 14.768 | 14.773 | 20.073 | |
| Period | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | MRQ | |
| Shares, quarterly | 13.909 | 13.909 | 14.768 | 14.768 | 14.768 | 14.768 | 14.773 | 20.073 | 20.073 |
| Period | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 |
Income statement, annual
| Metric | TTM | 2025FY | 2024FY | 2023FY | 2022FY | 2021FY | 2020FY | 2019FY |
|---|---|---|---|---|---|---|---|---|
| Total Revenue | 285.58 | 281.48 | 310.64 | 349.85 | 382.83 | 366.01 | 364.12 | 439.24 |
| Cost of Goods Sold Incl. D&A | 236.69 | 265.45 | 310.87 | 308.68 | 334.70 | 314.77 | 293.98 | 354.53 |
| Gross Profit | 48.89 | 16.03 | -0.23 | 41.17 | 48.13 | 51.24 | 70.15 | 84.71 |
| Selling, General and Administrative Excl. Other | 82.61 | 78.69 | 102.71 | 126.51 | 167.65 | 108.56 | 108.14 | 96.67 |
| Research and Development | 25.84 | 23.93 | 33.68 | 39.27 | 44.19 | 28.66 | 28.71 | 27.22 |
| Other Operating Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -1.50 | -0.86 |
| Operating Income | -33.72 | -62.66 | -102.94 | -85.34 | -119.53 | -57.32 | -36.50 | -11.10 |
| Interest Expense | 12.64 | 14.64 | 14.13 | 11.93 | 12.67 | 11.09 | 9.75 | 9.03 |
| Unusual Expense | -0.54 | 3.41 | 5.35 | -16.12 | -205.94 | 0.00 | - | - |
| Net Income Before Taxes | -48.48 | -79.97 | -122.75 | -76.04 | -98.91 | -67.36 | -50.34 | -12.07 |
| Income Taxes | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -1.06 | 1.01 |
| Consolidated Net Income | -48.48 | -79.97 | -122.75 | -76.04 | -98.91 | -67.36 | -49.28 | -13.09 |
| Net Income From Continuing Operations | -48.48 | -79.97 | -122.75 | -76.04 | -98.91 | -67.36 | -49.28 | -13.09 |
| Net Income | -48.48 | -79.97 | -122.75 | -76.04 | -98.91 | -67.36 | -49.28 | -13.09 |
| EPS (Recurring) | -2.43 | -5.26 | -8.98 | -7.44 | -21.90 | -10.68 | -7.82 | -2.08 |
| EPS (Basic, Before Extraordinaries) | -3.16 | -5.42 | -9.27 | -6.48 | -8.91 | -10.68 | -7.82 | -2.08 |
| EPS (Diluted) | -3.16 | -5.42 | -9.27 | -6.48 | -8.91 | -10.68 | -7.82 | -2.08 |
| EBITDA | 53.99 | 28.27 | -5.93 | 13.03 | -24.72 | 37.50 | 42.07 | 46.07 |
| Non-Operating Income (Expense) | -2.67 | 0.74 | -0.33 | 5.11 | -172.65 | 1.04 | -4.09 | 8.05 |
| Other After Tax Adjustments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Stock Option Compensation Expense | 0.94 | 2.31 | 11.64 | 26.32 | 29.95 | 5.04 | - | - |
| Price To Sales Ratio | 0.28 | 0.14 | 0.43 | 1.73 | 1.84 | 3.40 | - | - |
| Gross Margin | 17.12 | 5.70 | -0.07 | 11.77 | 12.57 | 14.00 | 19.26 | 19.29 |
| Operating Margin | -11.81 | -22.26 | -33.14 | -24.39 | -31.22 | -15.66 | -10.02 | -2.53 |
| Net Margin | -16.98 | -28.41 | -39.52 | -21.73 | -25.84 | -18.40 | -13.53 | -2.98 |
| Shares Outstanding | 20.07 | 14.77 | 14.77 | 12.29 | 12.21 | 6.30 | 6.30 | 6.30 |
| Market Capitalization | 41.66 | 41.66 | 147.59 | 630.02 | 776.64 | 426.07 | 426.07 | - |
Income statement, quarterly
| Metric | 2026Q2 | 2026Q1 | 2025Q4 | 2025Q3 | 2025Q2 | 2025Q1 | 2024Q4 | 2024Q3 |
|---|---|---|---|---|---|---|---|---|
| Total Revenue | 70.62 | 62.91 | 74.40 | 77.65 | 65.81 | 63.62 | 73.01 | 86.86 |
| Cost of Goods Sold Incl. D&A | 54.66 | 50.09 | 63.79 | 68.16 | 65.59 | 60.52 | 78.92 | 82.18 |
| Gross Profit | 15.96 | 12.82 | 10.61 | 9.49 | 0.22 | 3.11 | -5.91 | 4.68 |
| Selling, General and Administrative Excl. Other | 19.26 | 17.94 | 23.40 | 22.00 | 21.82 | 20.03 | 28.86 | 25.95 |
| Research and Development | 6.20 | 6.01 | 7.32 | 6.31 | 6.40 | 5.99 | 9.32 | 7.27 |
| Other Operating Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Income | -3.30 | -5.12 | -12.79 | -12.51 | -21.60 | -16.92 | -34.78 | -21.27 |
| Interest Expense | 2.89 | 3.10 | 3.08 | 3.57 | 3.12 | 2.95 | 3.11 | 2.51 |
| Unusual Expense | 0.07 | -0.05 | -0.55 | -0.01 | -0.05 | -1.78 | -0.56 | -8.06 |
| Net Income Before Taxes | -4.88 | -7.88 | -20.77 | -14.94 | -26.53 | -18.56 | -71.82 | -18.24 |
| Income Taxes | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Consolidated Net Income | -4.88 | -7.88 | -20.77 | -14.94 | -26.53 | -18.56 | -71.82 | -18.24 |
| Net Income From Continuing Operations | -4.88 | -7.88 | -20.77 | -14.94 | -26.53 | -18.56 | -71.82 | -18.24 |
| Net Income | -4.88 | -7.88 | -20.77 | -14.94 | -26.53 | -18.56 | -71.82 | -18.24 |
| EPS (Recurring) | -0.24 | -0.50 | -1.43 | -1.01 | -1.80 | -1.38 | -5.02 | -1.66 |
| EPS (Basic, Before Extraordinaries) | -0.24 | -0.50 | -1.41 | -1.01 | -1.80 | -1.29 | -4.99 | -1.27 |
| EPS (Diluted) | -0.24 | -0.50 | -1.41 | -1.01 | -1.80 | -1.29 | -4.99 | -1.27 |
| EBITDA | 17.76 | 15.74 | 9.66 | 10.83 | 1.30 | 5.36 | -10.94 | 2.55 |
| Non-Operating Income (Expense) | 1.37 | 0.29 | -5.45 | 1.13 | -1.86 | -0.47 | -34.50 | -2.53 |
| Other After Tax Adjustments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Stock Option Compensation Expense | 0.16 | 0.25 | -0.02 | 0.56 | 0.69 | 1.08 | 2.52 | 3.36 |
| Price To Sales Ratio | 0.28 | 0.20 | 0.14 | 0.32 | 0.29 | 0.26 | 0.46 | 0.46 |
| Gross Margin | 22.61 | 20.38 | 14.26 | 12.22 | 0.34 | 4.88 | -8.10 | 5.39 |
| Operating Margin | -4.67 | -8.14 | -17.19 | -16.11 | -32.82 | -26.60 | -47.63 | -24.49 |
| Net Margin | -6.92 | -12.53 | -27.92 | -19.24 | -40.31 | -29.18 | -98.37 | -21.00 |
| Shares Outstanding | 20.07 | 20.07 | 14.77 | 14.77 | 14.77 | 14.77 | 14.77 | 13.91 |
| Market Capitalization | 41.66 | 51.41 | 40.43 | 88.69 | 84.18 | 79.77 | 147.59 | 147.44 |
Balance sheet, annual
| Metric | 2025FY | 2024FY | 2023FY | 2022FY | 2021FY | 2020FY | 2019FY |
|---|---|---|---|---|---|---|---|
| Cash & Short Term Investments | 70.57 | 117.15 | 173.88 | 236.10 | 246.16 | 230.88 | 184.97 |
| Short Term Receivables | 18.69 | 16.98 | 17.14 | 16.14 | 22.21 | 15.36 | 23.05 |
| Inventories | 28.88 | 44.97 | 53.11 | 114.70 | 75.30 | 94.60 | 103.60 |
| Other Current Assets | 12.76 | 23.73 | 22.01 | 30.96 | 14.35 | 12.92 | 30.27 |
| Total Current Assets | 130.90 | 202.82 | 266.14 | 397.90 | 358.03 | 353.76 | 341.90 |
| Net Property, Plant & Equipment | 446.87 | 473.56 | 532.29 | 464.06 | 479.66 | 429.85 | 325.11 |
| Total Investments and Advances | 16.38 | 16.12 | 17.74 | 0.00 | 1.01 | 1.18 | 0.34 |
| Intangible Assets | - | - | - | - | 1.36 | 1.72 | 1.10 |
| Other Assets | 7.42 | 7.93 | 18.06 | 11.46 | 4.34 | 4.07 | 6.85 |
| Total Assets | 601.57 | 700.43 | 834.23 | 873.42 | 844.40 | 790.59 | 675.30 |
| Short Term Debt Incl. Current Port. of LT Debt | 93.39 | 112.46 | 86.89 | 98.06 | 249.59 | 109.27 | 96.40 |
| Accounts Payable | 12.69 | 29.35 | 38.12 | 38.88 | 53.26 | 29.87 | 65.78 |
| Other Current Liabilities | 65.86 | 83.81 | 89.05 | 111.23 | 177.70 | 65.96 | 103.90 |
| Total Current Liabilities | 171.94 | 225.63 | 214.05 | 248.17 | 480.54 | 205.09 | 266.08 |
| Long Term Debt | 294.88 | 280.72 | 353.42 | 304.59 | 211.47 | 269.69 | 169.37 |
| Provision for Risks Charges | 0.95 | 1.42 | 2.33 | 3.24 | 9.15 | 10.43 | 11.49 |
| Other Liabilities | 25.56 | 16.12 | 15.73 | 18.45 | 19.52 | 122.33 | 10.43 |
| Total Liabilities | 493.33 | 523.89 | 585.54 | 574.45 | 720.69 | 607.55 | 457.38 |
| Non-Equity Reserves | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Preferred Stock - Carrying Value | 0.00 | 0.00 | 0.00 | 0.00 | 85.71 | 85.71 | 85.71 |
| Common Equity | 108.24 | 176.54 | 248.69 | 298.97 | 38.00 | 97.32 | 132.20 |
| Total Shareholders Equity | 108.24 | 176.54 | 248.69 | 298.97 | 123.71 | 183.03 | 217.92 |
| Accumulated Minority Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Equity | 108.24 | 176.54 | 248.69 | 298.97 | 123.71 | 183.03 | 217.92 |
| Total Liabilities & Stockholders Equity | 601.57 | 700.43 | 834.23 | 873.42 | 844.40 | 790.59 | 675.30 |
| Book Value Per Share | 7.33 | 11.95 | 20.24 | 24.48 | 6.03 | 15.44 | 20.97 |
| Tangible Book Value Per Share | 7.33 | 11.95 | 20.24 | 24.48 | 5.81 | 15.16 | 20.79 |
| Full-Time Employees | 1,300 | 2,000 | 2,000 | 2,000 | 1,963 | - | - |
| Price to Book Ratio | 0.50 | 0.84 | 2.42 | 2.65 | 1.47 | 1.46 | - |
| Return on Assets | -12.28 | -16.00 | -8.91 | -11.52 | -8.24 | -6.72 | - |
| Return on Equity | -56.16 | -57.74 | -27.77 | -46.80 | -43.92 | -24.58 | - |
| Return on Invested Capital | -19.84 | -26.85 | -12.63 | -16.39 | -20.10 | -10.89 | -3.38 |
| Quick Ratio | 0.59 | 0.70 | 1.00 | 1.14 | 0.59 | 1.26 | 0.90 |
| Current Ratio | 0.76 | 0.90 | 1.24 | 1.60 | 0.75 | 1.72 | 1.28 |
Cash flow, annual
| Metric | TTM | 2025FY | 2024FY | 2023FY | 2022FY | 2021FY | 2020FY | 2019FY |
|---|---|---|---|---|---|---|---|---|
| Net Income | -47.65 | -79.97 | -122.75 | -76.04 | -98.91 | -67.36 | -50.34 | -12.07 |
| Depreciation | 87.66 | 90.93 | 97.01 | 98.38 | 94.81 | 94.82 | 78.57 | 57.17 |
| Other Funds (Non Cash) | 14.60 | 23.91 | 44.66 | 18.21 | 15.46 | 12.96 | 12.18 | 2.17 |
| Funds from Operations | 54.61 | 34.87 | 18.92 | 40.55 | 11.36 | 40.42 | 40.40 | 47.27 |
| Extraordinary Item | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Changes in Working Capital | -7.86 | 1.03 | -9.07 | 18.55 | -76.15 | 40.38 | -39.64 | -21.90 |
| Cash from Operating Activities | 46.75 | 35.90 | 9.85 | 59.09 | -64.79 | 80.79 | 0.76 | 25.37 |
| Capital Expenditures | -44.13 | -65.44 | -124.50 | -118.28 | -123.69 | -128.41 | -145.68 | -176.97 |
| Net Assets From Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sale of Fixed Assets and Businesses | 0.36 | 0.36 | 1.31 | 1.55 | 0.42 | 3.08 | 0.34 | 1.08 |
| Purchase or Sale of Investments | 2.64 | 4.72 | -5.26 | -19.43 | 22.32 | 84.14 | -106.06 | -1.21 |
| Purchase of Investments | -3.10 | -1.00 | -5.26 | -19.43 | -4.16 | 0.00 | -106.06 | -1.21 |
| Sale Or Maturity of Investments | 5.74 | 5.72 | 0.00 | 0.00 | 26.48 | 84.14 | - | - |
| Other Uses | 49.76 | 0.00 | -0.28 | -0.46 | -0.15 | -0.32 | -0.35 | -0.49 |
| Other Sources | 0.68 | 0.40 | 0.00 | 0.00 | 0.00 | 0.00 | - | - |
| Cash from Investing Activities | 9.31 | -59.96 | -128.72 | -136.63 | -101.10 | -41.52 | -251.76 | -177.58 |
| Cash Dividends Paid | 0.00 | 0.00 | 0.00 | 0.00 | -2.09 | 0.00 | 0.00 | 0.00 |
| Change in Capital Stock | 16.70 | 0.00 | 75.00 | 0.00 | -106.06 | 0.00 | 0.00 | 0.00 |
| Repurchase of Common Pref Stock | 0.00 | 0.00 | 0.00 | 0.00 | -106.06 | 0.00 | 0.00 | 0.00 |
| Sale of Common Pref Stock | 16.70 | 0.00 | 75.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Proceedsfrom Stock Options | 16.70 | 0.00 | 75.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Issuance or Reduction of Debt, Net | - | -9.68 | -27.72 | 27.85 | 274.95 | 81.10 | 99.35 | 41.27 |
| Change in Long Term Debt | - | - | - | 27.85 | 274.95 | 60.54 | 110.12 | -34.58 |
| Issuance of Long Term Debt | - | - | - | 155.07 | 468.19 | 86.72 | 118.67 | 54.99 |
| Reduction of Long Term Debt | - | - | - | -127.22 | -193.24 | -26.19 | -8.55 | -89.58 |
| Net Financing Active Other Cash Flow | -0.20 | -0.03 | -0.19 | -0.06 | 32.48 | -7.10 | 98.83 | -0.01 |
| Other Financing Activities Uses | -0.08 | -0.03 | -0.19 | -0.06 | 0.00 | -7.10 | -1.22 | -0.01 |
| Cash from Financing Activities | -75.43 | -23.04 | 33.81 | 15.15 | 186.40 | 61.76 | 187.26 | 32.24 |
| Exchange Rate Effect | -3.82 | 0.53 | 28.32 | 0.17 | -1.83 | -2.65 | -0.94 | 2.32 |
| Net Change in Cash | -23.18 | -46.57 | -56.74 | -62.22 | 18.67 | 98.39 | -64.68 | -117.65 |
| Free Cash Flow | 3.15 | -29.10 | -114.57 | -58.72 | -187.89 | -46.95 | -143.51 | -150.95 |
| Preferred Dividends (Cash Flow) | - | 0.00 | 0.00 | 0.00 | -2.09 | - | - | - |
| Price to Free Cash Flow | 25.44 | - | - | - | - | - | - | - |
| Deferred Taxes & Investment Tax Credit | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Balance sheet, quarterly
| Metric | 2026Q2 | 2026Q1 | 2025Q4 | 2025Q3 | 2025Q2 | 2025Q1 |
|---|---|---|---|---|---|---|
| Cash & Short Term Investments | 68.84 | 77.30 | 70.57 | 119.49 | 92.03 | 93.28 |
| Short Term Receivables | 20.68 | 19.22 | 18.69 | 20.39 | 20.30 | 18.94 |
| Inventories | 29.78 | 28.21 | 28.88 | 38.14 | 43.30 | 41.77 |
| Other Current Assets | 15.60 | 14.86 | 12.76 | 20.82 | 68.17 | 18.81 |
| Total Current Assets | 134.91 | 139.59 | 130.90 | 198.84 | 223.80 | 172.79 |
| Net Property, Plant & Equipment | 417.40 | 426.84 | 446.87 | 478.94 | 507.30 | 460.88 |
| Total Investments and Advances | 15.79 | 16.04 | 16.38 | 16.81 | 16.01 | 16.27 |
| Other Assets | 7.35 | 7.38 | 7.42 | 7.42 | 8.36 | 7.63 |
| Total Assets | 575.45 | 589.84 | 601.57 | 702.02 | 755.47 | 657.58 |
| Short Term Debt Incl. Current Port. of LT Debt | 96.18 | 92.13 | 93.39 | 115.09 | 130.22 | 118.27 |
| Accounts Payable | 15.72 | 12.81 | 12.69 | 20.50 | 24.43 | 21.92 |
| Other Current Liabilities | 83.60 | 70.84 | 65.86 | 74.00 | 66.42 | 72.57 |
| Total Current Liabilities | 195.50 | 175.79 | 171.94 | 209.59 | 221.07 | 212.76 |
| Long Term Debt | 259.11 | 287.62 | 294.88 | 332.00 | 346.46 | 270.22 |
| Provision for Risks Charges | 0.94 | 1.05 | 0.95 | 1.28 | 1.66 | 1.35 |
| Other Liabilities | 7.58 | 8.85 | 25.56 | 26.89 | 34.45 | 14.70 |
| Total Liabilities | 463.12 | 473.30 | 493.33 | 569.75 | 603.63 | 499.04 |
| Non-Equity Reserves | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Preferred Stock - Carrying Value | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Common Equity | 112.33 | 116.54 | 108.24 | 132.27 | 151.83 | 158.54 |
| Total Shareholders Equity | 112.33 | 116.54 | 108.24 | 132.27 | 151.83 | 158.54 |
| Accumulated Minority Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Equity | 112.33 | 116.54 | 108.24 | 132.27 | 151.83 | 158.54 |
| Total Liabilities & Stockholders Equity | 575.45 | 589.84 | 601.57 | 702.02 | 755.47 | 657.58 |
| Book Value Per Share | 5.60 | 5.81 | 7.33 | 8.96 | 10.28 | 10.74 |
| Tangible Book Value Per Share | 5.60 | 5.81 | 7.33 | 8.96 | 10.28 | 10.74 |
| Full-Time Employees | - | - | 1,300 | - | - | - |
| Price to Book Ratio | 0.50 | 0.47 | 0.31 | 0.67 | 0.55 | 0.50 |
| Return on Assets | -7.29 | -11.24 | -12.41 | -17.33 | -17.04 | -17.90 |
| Return on Equity | -36.71 | -50.99 | -56.75 | -68.35 | -64.97 | -66.13 |
| Return on Invested Capital | -1.31 | -1.95 | -5.15 | -3.22 | -5.32 | -4.33 |
| Quick Ratio | 0.54 | 0.63 | 0.59 | 0.77 | 0.82 | 0.62 |
| Current Ratio | 0.69 | 0.79 | 0.76 | 0.95 | 1.01 | 0.81 |
Cash flow, quarterly
| Metric | 2026Q2 | 2026Q1 | 2025Q4 | 2025Q3 | 2025Q2 | 2025Q1 |
|---|---|---|---|---|---|---|
| Net Income | -4.88 | -7.88 | -19.94 | -14.94 | -26.53 | -18.56 |
| Depreciation | 21.06 | 20.86 | 22.40 | 23.34 | 22.91 | 22.29 |
| Other Funds (Non Cash) | 0.36 | 4.08 | 0.38 | 9.78 | 9.28 | 4.47 |
| Funds from Operations | 16.54 | 17.06 | 2.84 | 18.17 | 5.66 | 8.20 |
| Extraordinary Item | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Changes in Working Capital | 6.39 | -13.96 | 7.39 | -7.69 | 18.41 | -17.09 |
| Cash from Operating Activities | 22.93 | 3.10 | 10.23 | 10.49 | 24.07 | -8.89 |
| Capital Expenditures | -8.00 | -4.64 | -13.87 | -17.62 | -16.04 | -17.92 |
| Net Assets From Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sale of Fixed Assets and Businesses | 0.00 | 0.00 | 0.36 | 0.00 | 0.00 | 0.00 |
| Purchase or Sale of Investments | -0.01 | -2.08 | 3.08 | 1.64 | -2.69 | 2.69 |
| Purchase of Investments | 0.00 | -2.10 | 0.00 | -1.00 | 0.00 | 0.00 |
| Sale Or Maturity of Investments | -0.01 | 0.02 | 3.08 | 2.64 | -2.69 | 2.69 |
| Other Uses | 0.00 | 0.00 | 0.00 | 49.76 | -49.67 | -0.09 |
| Other Sources | 0.19 | 0.10 | 0.36 | 0.04 | 0.00 | 0.00 |
| Cash from Investing Activities | -7.82 | -6.62 | -10.07 | 33.83 | -68.41 | -15.31 |
| Cash Dividends Paid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Preferred Dividends (Cash Flow) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Change in Capital Stock | 0.00 | 16.70 | 0.00 | 0.00 | 0.00 | 0.00 |
| Repurchase of Common Pref Stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sale of Common Pref Stock | 0.00 | 16.70 | 0.00 | 0.00 | 0.00 | 0.00 |
| Proceedsfrom Stock Options | 0.00 | 16.70 | 0.00 | 0.00 | 0.00 | 0.00 |
| Issuance or Reduction of Debt, Net | -24.44 | -0.94 | -43.58 | - | - | 2.16 |
| Net Financing Active Other Cash Flow | -0.02 | -0.04 | -0.08 | -0.07 | 0.09 | 0.03 |
| Other Financing Activities Uses | -0.02 | -0.04 | -0.03 | 0.00 | 0.00 | 0.00 |
| Cash from Financing Activities | -27.62 | 12.87 | -47.20 | -13.48 | 38.56 | -0.91 |
| Exchange Rate Effect | 4.05 | -2.62 | -1.88 | -3.37 | 4.53 | 1.25 |
| Net Change in Cash | -8.46 | 6.73 | -48.91 | 27.46 | -1.25 | -23.87 |
| Free Cash Flow | 14.94 | -1.41 | -3.30 | -7.09 | 8.06 | -26.77 |
| Price to Free Cash Flow | 25.44 | - | - | - | - | - |
Revenue breakdown
| Battery Swapping Service | 2024: 137.89M 2025: 149.01M |
|---|---|
| Hardware And Related | 2024: 148.64M 2025: 108.14M |
| Leasing | 2024: 13.59M 2025: 13.17M |
| Other Products And Services | 2024: 10.53M 2025: 11.17M |
| Country of domicile | 2024: 298.04M 2025: 270.39M |
| Foreign countries | 2024: 12.60M 2025: 11.09M |
Short interest
shares short against float, oldest to newest| Settlement | Of float | Shares short | Float | Avg volume |
|---|---|---|---|---|
| 2026-10-30 | 2.69% | 0.1M | 3.2M | 42.51K |
| 2026-10-15 | 2.71% | 0.1M | 3.2M | 43.38K |
| 2026-09-30 | 2.83% | 0.1M | 3.0M | 39.16K |
| 2026-09-15 | 2.82% | 0.1M | 3.0M | 43.10K |
| 2026-08-31 | 2.79% | 0.1M | 3.0M | 40.74K |
| 2026-08-14 | 2.61% | 0.1M | 3.0M | 15.72K |
| 2026-07-31 | 2.90% | 0.1M | 3.0M | 14.64K |
| 2026-07-15 | 2.94% | 0.1M | 3.0M | 13.81K |
| 2026-06-30 | 2.64% | 0.1M | 3.0M | 12.98K |
| 2026-06-15 | 1.80% | 0.1M | 3.0M | 9.79K |
| 2026-05-29 | 2.06% | 0.1M | 3.0M | 12.36K |
| 2026-05-15 | 2.01% | 0.1M | 3.0M | 12.37K |
| 2026-04-30 | 2.02% | 0.1M | 3.0M | 12.75K |
| 2026-04-15 | 1.76% | 0.1M | 3.0M | 12.95K |
| 2026-03-31 | 0.43% | 0.1M | 12.7M | 14.71K |
| 2026-03-13 | 0.44% | 0.1M | 12.7M | 17.93K |
| 2026-02-27 | 0.46% | 0.1M | 12.7M | 15.47K |
| 2026-02-13 | 0.39% | 0.0M | 12.7M | 16.25K |
| 2026-01-30 | 0.41% | 0.1M | 12.7M | 17.38K |
| 2026-01-15 | 0.43% | 0.1M | 12.7M | 20.02K |
Option chain
expiry 2026-11-20| Type | Strike | Bid | Ask | Last | IV | Open int | Volume | Delta | Theta | Vega |
|---|---|---|---|---|---|---|---|---|---|---|
| call | 2.50 | 0.05 | 0.80 | 0.60 | 4.344 | 1.00 | 0.00 | 0.696 | -0.044 | 0.001 |
| call | 5.00 | 0.00 | 1.00 | 0.05 | 7.798 | 1.00 | 0.00 | 0.541 | -0.074 | 0.002 |
| call | 7.50 | 0.00 | 1.00 | 0.00 | 9.290 | 0.00 | 0.00 | 0.508 | -0.088 | 0.002 |
| put | 2.50 | 0.00 | 0.75 | 0.00 | 5.432 | 0.00 | 0.00 | -0.304 | -0.044 | 0.001 |
| put | 5.00 | 1.80 | 2.55 | 0.00 | 4.523 | 0.00 | 0.00 | -0.459 | -0.073 | 0.002 |
| put | 7.50 | 4.20 | 5.20 | 0.00 | 6.967 | 0.00 | 0.00 | -0.492 | -0.088 | 0.002 |
Latest SEC filings
30| Filed | Form | Description | Period | Link |
|---|---|---|---|---|
| 2026-10-16 | 3 | Initial statement of beneficial ownership of securities | 2026-10-07 | SEC |
| 2026-10-16 | 3 | Initial statement of beneficial ownership of securities | 2026-10-07 | SEC |
| 2026-10-16 | 3 | Initial statement of beneficial ownership of securities | 2026-10-07 | SEC |
| 2026-10-15 | SCHEDULE 13D | SEC | ||
| 2026-10-09 | 4 | Statement of changes in beneficial ownership of securities | 2026-10-07 | SEC |
| 2026-10-09 | SCHEDULE 13D/A | SEC | ||
| 2026-10-07 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-10-07 | SEC |
| 2026-08-24 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-06-30 | SEC |
| 2026-08-24 | 3 | Initial statement of beneficial ownership of securities | 2026-08-21 | SEC |
| 2026-07-14 | 4 | Statement of changes in beneficial ownership of securities | 2026-06-22 | SEC |
| 2026-07-14 | SCHEDULE 13D/A | SEC | ||
| 2026-05-21 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-03-31 | SEC |
| 2026-04-29 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-04-29 | SEC |
| 2026-04-03 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-04-03 | SEC |
| 2026-03-31 | 20-F | Registration statement under Section 12 of the Securities Exchange Act of 1934 or an annual or transition report filed under Section 13(a) or 15(d) of the Exchange Act for a foreign private issuer. | 2025-12-31 | SEC |
| 2026-03-30 | 3 | Initial statement of beneficial ownership of securities | 2026-03-18 | SEC |
| 2026-03-20 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-03-20 | SEC |
| 2026-03-18 | 3 | Initial statement of beneficial ownership of securities | 2026-03-18 | SEC |
| 2026-03-18 | 3 | Initial statement of beneficial ownership of securities | 2026-03-18 | SEC |
| 2026-03-18 | 3 | Initial statement of beneficial ownership of securities | 2026-03-18 | SEC |
| 2026-03-18 | 3 | Initial statement of beneficial ownership of securities | 2026-03-18 | SEC |
| 2026-03-18 | 3 | Initial statement of beneficial ownership of securities | 2026-03-18 | SEC |
| 2026-03-18 | 3 | Initial statement of beneficial ownership of securities | 2026-03-18 | SEC |
| 2026-03-18 | 3 | Initial statement of beneficial ownership of securities | 2026-03-18 | SEC |
| 2026-03-18 | 3 | Initial statement of beneficial ownership of securities | 2026-03-18 | SEC |
| 2026-03-12 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-03-12 | SEC |
| 2026-03-12 | SCHEDULE 13D/A | SEC | ||
| 2026-03-06 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-03-06 | SEC |
| 2026-02-12 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2025-12-31 | SEC |
| 2025-11-12 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2025-09-30 | SEC |
Insider activity by month
| Month | Bought | Buys | Sold | Sells |
|---|---|---|---|---|
| 2026-11 | 0 | 0 | 0 | 0 |
| 2026-10 | 35.11M | 1 | 0 | 0 |
| 2026-09 | 0 | 0 | 0 | 0 |
| 2026-08 | 0 | 0 | 0 | 0 |
| 2026-07 | 0 | 0 | 0 | 0 |
| 2026-06 | 0 | 0 | 0 | 0 |
| 2026-05 | 0 | 0 | 0 | 0 |
| 2026-04 | 0 | 0 | 0 | 0 |
| 2026-03 | 0 | 0 | 0 | 0 |
| 2026-02 | 0 | 0 | 0 | 0 |
| 2026-01 | 0 | 0 | 0 | 0 |
| 2025-12 | 0 | 0 | 0 | 0 |
| 2025-11 | 0 | 0 | 0 | 0 |
Institutional holders
| Manager | % owned |
|---|---|
| Senator Investment Group LP | 9.14% |
| RENAISSANCE TECHNOLOGIES LLC | 0.19% |
| CITADEL ADVISORS LLC | 0.16% |
| UBS Group AG | 0.08% |
| SBI Securities Co., Ltd. | 0.03% |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO | 0.00% |
| ROYAL BANK OF CANADA | 0.00% |
| OSAIC HOLDINGS, INC. | 0.00% |
| HARBOUR INVESTMENTS, INC. | 0.00% |
| CITIGROUP INC | 0.00% |
Funds
| Fund | % owned |
|---|---|
| Avantis International Small Cap Value ETF | 1,151% |
| Avantis International Equity ETF | 47.61% |
| Old Westbury Small & Mid Cap Strategies Fund | 38.62% |
| Avantis International Small Cap Value Fund | 34.95% |
| AST PGIM Aggressive Multi-Asset Portfolio | 24.40% |
| Avantis International Small Cap Equity ETF | 12.36% |
| Avantis International Equity Fund | 3.14% |
| VOYA MULTI-MANAGER INTERNATIONAL SMALL CAP FUND | 2.54% |
| First Trust Developed Markets ex-US Small Cap AlphaDEX Fund | 0.89% |
| Avantis International Large Cap Value ETF | 0.25% |
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