Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
The latest update is out from Gogoro ( (GGR) ).
On May 8, 2025, Gogoro Inc. announced its financial results for the first quarter ending March 31, 2025, reporting a revenue of $63.6 million, which is a decrease of 8.7% year-over-year. Despite the decline in total revenue, the company saw a 6.2% increase in battery swapping service revenue, reflecting the strength of its subscription-based business model. The company also reported a net loss of $18.6 million, an increase from the previous year, primarily due to changes in financial liabilities and a decrease in gross profit. However, Gogoro achieved an adjusted EBITDA of $14.3 million, up from $10.2 million the previous year, driven by cost-saving initiatives. The company remains focused on operational efficiency and strategic investments, including a NT$2 billion credit facility to support future growth, despite facing a challenging macroeconomic environment.
Spark’s Take on GGR Stock
According to Spark, TipRanks’ AI Analyst, GGR is a Neutral.
Gogoro’s overall stock score reflects significant financial challenges, including declining revenue and increased losses, despite some positive strategic shifts. The technical outlook is bearish, and valuation metrics are weak due to ongoing losses.
To see Spark’s full report on GGR stock, click here.
More about Gogoro
Gogoro Inc. is a global technology leader specializing in battery swapping ecosystems that facilitate sustainable mobility solutions for urban environments. The company focuses on providing energy solutions through its Gogoro Network, which is a subscription-based platform that continues to grow in subscribers and service adoption.
Average Trading Volume: 835,891
Technical Sentiment Signal: Sell
Current Market Cap: $74.43M
Learn more about GGR stock on TipRanks’ Stock Analysis page.