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Vmoto Limited ( (AU:VMT) ) has shared an announcement.
Vmoto Limited reported a 16% decline in total unit sales for the first quarter of 2025 compared to the same period in 2024, with international sales down by 2%. Despite negative operational cash flows due to prepayments and facility setup costs, Vmoto maintains a cash position of A$37.4 million and continues to expand its infrastructure, including a new facility in Nanjing. The company is actively promoting its products and exploring new business models to increase revenue, with plans to roll out battery charging stations, positioning itself as a comprehensive e-mobility solution provider.
More about Vmoto Limited
Vmoto Limited is a global electric vehicle company specializing in electric motorcycles and scooters. The company focuses on providing integrated e-mobility solutions, including battery swapping and charging stations, to enhance its market presence and support its ecology of vehicles, technologies, and partners.
Technical Sentiment Signal: Strong Buy
Current Market Cap: €25.13M
For an in-depth examination of VMT stock, go to TipRanks’ Stock Analysis page.