Exro Technologies Reports Q2 2025 Financial Results Amid Strategic Adjustments

An update from Exro Technologies ( (TSE:EXRO) ) is now available.

Exro Technologies reported a revenue of $2.9 million for Q2 2025, a decrease from the previous year, due to slower EV adoption rates. The company completed the strategic wind-down of its Asia-Pacific operations, retaining key intellectual property and subsidiaries, and accessed $10 million from a $30 million debt facility. Despite a net loss of $81.7 million, Exro improved its gross margin per unit and made significant non-cash adjustments, including a $48.5 million impairment of intangible assets and an $11.1 million inventory provision. The company continues its strategic review process and is in negotiations with potential partners, although no transactions are guaranteed.

The most recent analyst rating on (TSE:EXRO) stock is a Hold with a C$0.15 price target. To see the full list of analyst forecasts on Exro Technologies stock, see the TSE:EXRO Stock Forecast page.

Spark’s Take on TSE:EXRO Stock

According to Spark, TipRanks’ AI Analyst, TSE:EXRO is a Neutral.

Exro Technologies’ overall score is primarily influenced by its financial performance, which shows revenue growth but significant challenges in profitability and cash flow management. Technical analysis indicates short-term bullish momentum, but valuation metrics are weak due to negative earnings. Corporate events provide a positive outlook with strategic milestones and market focus.

To see Spark’s full report on TSE:EXRO stock, click here.

More about Exro Technologies

Exro Technologies Inc. is a leading technology company specializing in power control solutions for electric vehicles and energy storage. The company has developed innovative power control electronics, including products like Coil Driver™, Cell Driver™, and SEA-Drive®, which enhance the capabilities of electric motors and batteries. Exro aims to reshape global energy consumption and accelerate the transition to a circular electrified economy.

Average Trading Volume: 344,747

Technical Sentiment Signal: Sell

Current Market Cap: C$42.96M

For an in-depth examination of EXRO stock, go to TipRanks’ Overview page.