Gogoro Inc. has reported its financial results for the second quarter of 2025. The company experienced a net loss of $26.5 million, an increase from a net loss of $20.1 million in the same quarter last year. This increase in net loss was primarily attributed to a $6.3 million unfavorable change in the fair value of financial liabilities, a $4.0 million decrease in gross profit, and a $1.5 million rise in foreign exchange loss. These factors were partially offset by a $5.1 million reduction in operating expenses. Operating revenues were affected by the delayed launch of EZZY. However, Gogoro remains on track to meet its full-year revenue forecast at the lower end of the guided range. Adjusted EBITDA for the quarter was $12.5 million, up from $12.0 million in the previous year, driven by various cost-saving initiatives and a $0.5 million increase in non-operating income. The company has also observed improvements in non-IFRS gross margin and operating cash flow in the first half of 2025. Gogoro introduced its latest product, EZZY, and a new Gogoro Network Energy rate plan during the quarter, contributing to an improved outlook for the second half of the year. The company remains committed to executing its strategic plans and maintaining cost discipline while continuing to invest in innovation and new product development. Gogoro reaffirmed its longer-term financial forecasts for 2026-2028.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Gogoro Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: NY49525) on August 12, 2025, and is solely responsible for the information contained therein.
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