Sono Group N.V. announced its financial results for the fiscal year ended December 31, 2024, reporting its first annual net income. The company also highlighted streamlined operations and meaningful steps taken to strengthen its capital structure.
CEO George O’Leary stated that 2024 marked an important turning point for Sono Group, with an expanded product portfolio and deepened focus on OEM partnerships. The agreement with Merlin Solar Technologies was cited as an example of strategic plans to broaden reach and complement core technologies.
Building on the momentum of 2024, Sono Group aims to advance its OEM strategy, strengthen global collaborations, and continue developing cutting-edge solar mobility solutions. The company is also pursuing an uplisting to Nasdaq Capital Market to increase visibility and enhance liquidity.
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