Apr. 17 at 1:54 PM
$PSNY Key financial and operational highlights for 2025 (year-on-year comparison)
Retail sales volumes up 34% driven by accelerated transition to an active selling model, retail expansion and attractive model line-up
Revenues up 50% to USD 3,058 million, driven by higher sales volumes
Gross margin of (35)% impacted by impairment expenses of approx. USD 1.1 billion
Adjusted gross loss of USD (22) million, significantly improved by USD 232 million
Selling, general and administrative expenses reduced year-on-year
Net loss of USD (2,357) million, mainly driven by impairment expense, net of reversals of approx. USD (1,050) million
Adjusted EBITDA loss of USD (783) million, an improvement of USD 297 million year-on-year
2025 year-end cash position of USD 1,159 million
New equity of USD 0.5 billion raised from existing and external investors