Sono Group N.V. announced its financial results for the first quarter ended March 31, 2025, reporting a net income of €8.8 million. This net income was primarily driven by non-cash fair value adjustments to convertible debt instruments.
The company noted early revenue contributions and ongoing commercial progress in its solar retrofitting business. CEO George O’Leary emphasized the focus on scaling the business and establishing long-term strategic partnerships.
The full unaudited quarterly report on Form 10-Q for the period ended March 31, 2025, is available on the company’s investor relations website. These results reflect continued focus on executing the company's strategy.
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