middle.news
Vmoto Navigates 33% Sales Drop with Strategic JVs and Cash Flow Strength
9:46am on Tuesday 4th of February, 2025 AEDT
•
Electric Vehicles
Read Story
Vmoto Navigates 33% Sales Drop with Strategic JVs and Cash Flow Strength
9:46am on Tuesday 4th of February, 2025 AEDT
Key Points
FY24 unit sales down 33% to 17,038 units
Operational cash flow positive in 4Q24 with A$41.5 million cash on hand
New joint ventures established in Thailand (GoRide) and Mexico (OMO Watts)
Investment in Singapore-based Evotion Labs to expand EV ecosystem
Read Story
middle.
Tap to Read
Tap the card to read the full analysis
about
Vmoto (ASX:VMT)
OPEN ARTICLE