IM Motors expects revenue of 1 billion in 2025: a year-on-year decrease of 20% with a loss of 416 million
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IM Motors (Suzhou) Co., Ltd. released its financial report for the year ending 2025, expecting revenue of 1 billion yuan, a year-on-year decrease of 19.81%. Gross profit is 15.24 million yuan, with a gross margin of 1.52%, both significantly down. Operating loss is 422 million yuan, with a loss of 416 million yuan during the period. The company holds cash and cash equivalents of 261 million yuan, with a stock price of HKD 3.17 and a market value of HKD 812 million
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