New Strategic Direction Bearing Fruit – Voltabox (soon to be Voltatron) on Track in Revenue and Earnings After First Half-Year

New Strategic Direction Bearing Fruit – Voltabox (soon to be Voltatron) on Track in Revenue and Earnings After First Half-Year

Paderborn, Germany, August 14, 2025 – Voltabox AG (DE000A2E4LE9) which will in future operate under the name Voltatron AG, today published its half-year financial report for the current fiscal year. Following the completion of its reorganization and the successful integration of EKM Elektronik GmbH, the Company set the course for further growth at the end of July with the strategic acquisition of GMS Electronic Vertriebs GmbH. Based on the results after the first half-year, the Management Board sees the Group clearly within its planned operational and financial planning corridor.

In the first six months of the 2025 fiscal year, the Company generated revenue from continuing operations in the amount of € 9.2 million. EBITDA from continuing operations showed notable improvement in the second quarter, reaching € 0.5 million, up from € -0.2 million as of March 31, 2025. Group revenue of € 10.9 million, which also includes revenue from discontinued operations, represents growth of 186.6% compared to the prior-year period (6M 2024: € 3.8 million). Additionally, the Company experiences a positive impact in the reporting year from one-off special effects resulting from the disposal of discontinued operations, which increased Group EBITDA in the 6M financial statements by € 2.5 million to € 3.0 million.

In the second half of the year, the earnings situation will improve further with the initial consolidation of GMS Electronic Vertriebs GmbH as of August 1, 2025, while the Company’s assets will be significantly strengthened through the contribution of all GMS shares by way of a mixed contribution in kind. The purchase agreement for 100% of the shares in this established company specializing in the trade and distribution of electronic components and parts was signed on July 29 and communicated via the ad-hoc disclosure issued on the same day. This strategic acquisition not only expands Voltabox’s (soon to be Voltatron) value chain, but also strengthens existing market access channels for which EKM already manufactures and supplies products. GMS is strategically well-positioned in the market with a strong focus on the medical technology, event technology, and industrial and control technology sectors. The company, headquartered in Jockgrim, Germany, also serves long-standing customers in other application areas.

“With EKM and GMS, we are combining together two high-performance, efficient units. This provides us a comprehensive one-stop offering, from development through production to distribution and service. We are absolutely convinced that Markus Gebhart, founder and Managing Director of GMS, and his team, are the ideal partners to play a pivotal role in shaping our chosen path. Our joint goal is to provide our customers with top-quality products and services at competitive conditions, while responding flexibly and quickly to their needs,” said Martin Hartmann, CEO of Voltabox AG.

The Group’s half-year financial statements underscore that the necessary foundations for this have been laid: as of the reporting date, the Company had cash and cash equivalents of approximately € 9.8 million. Based on the subordinated loans granted and excluding available credit lines, the Group now has economic equity of € 25.4 million. As of 30 June 2025, the Group’s total assets stood to approximately € 33.5 million, primarily attributable to the integration of EKM. Free cash flow after six months stood at approximately € 2.0 million, based on positive operating cash flow of € 2.4 million. Targeted CAPEX investments in EKM’s modern machinery and equipment have further expanded and strengthened production capacity. At the same time, the Group has successfully repaid loans and reduced financial liabilities to related parties by a total of € 9.1 million as part of its financing optimization efforts.

CFO Florian Seitz added: “Now that we have stabilized the Group, we are now fully committed to our M&A-driven growth strategy in order to systematically expand our market share. At the same time, we are advancing the development of a new financing structure that will provide the flexibility we need to capitalize on market opportunities. With the capital increase in kind resolved, we are deploying an instrument that will immediately strengthen the Company’s substance by GMS – directly benefiting our shareholders. Moving forward, we will continue to pursue growth through both organic and inorganic means, leveraging the additional financial resources at our disposal.”

Following the acquisition of GMS, the Management Board raised its forecast for the full year on July 29. According to the updated guidance, the Company anticipates revenue from continuing operations to range between € 23 million and € 26 million in the 2025 fiscal year, with EBITDA from continuing operations between € 1 million and € 1.5 million. In addition, there will be one-off effects from discontinued operations amounting to € 2.5 million. The initial consolidation of GMS is scheduled to take effect as of August 1, 2025 and will therefore be reflected in at least one full quarter of the annual financial statements.

The full 2025 Half-Year Report is available for download on the Company’s website at ir.voltabox.ag.
 

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About Voltabox AG

Voltabox AG (ISIN DE000A2E4LE9), listed in the Regulated Market (Prime Standard) of Deutsche Börse AG in Frankfurt am Main, is a technology-driven provider of battery systems and complex electronic solutions. The company develops and manufactures electronic assemblies, components, and complete systems that are used primarily in the battery and energy storage industry, life-support medical technology, industrial measurement and control technology, IoT solutions, as well as in consumer electronics and audio and lighting technology.

Media & Capital Markets Contact

Stefan Westemeyer

Phone:  +49 160 951 287 54

Email: investor@voltabox.ag