Sono Group N.V. GAAP EPS of -€0.56, revenue of €0.03M

Published 2 months ago Positive
Sono Group N.V. GAAP EPS of -€0.56, revenue of €0.03M
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* Sono Group N.V. press release [https://seekingalpha.com/pr/20206146-sono-group-n-v-reports-second-quarter-and-first-half-2025-results-net-income-of-8_0-million] (OTCQB:SEVCF [https://seekingalpha.com/symbol/SEVCF]): Q2 GAAP EPS of -€0.56.
* Revenue of €0.03M.
* Cash used in operating activities of €3.5 million in H1 2025, a significant improvement from €15.9 million in H1 2024.
* George O’Leary, Managing Director and CEO, said: “We are closely watching our spending as we attempt to scale in the large OEM market. I am pleased with our reduction in G&A expenses in H1 2025 and Q2 2025, and we will continue to monitor closely as we continue to work with the OEM market on generating orders in Q3 and Q4 2025.”

MORE ON SONO GROUP N.V.

* Financial information for Sono Group N.V. [https://seekingalpha.com/symbol/SEVCF/income-statement]