Powercell Q4 2024: Solid numbers - Redeye

Redeye is encouraged by the upbeat Q4 report showing solid top-line numbers and a small profit on EBIT level. Q4 numbers are supported by surprisingly high royalty fees from Bosch amounting to SEK23 million feeding through the P&L. The overall outlook remains rather optimistic partly due to a solid order backlog. Management’s focus for 2025 is to execute on OEM contracts and reaching break even.

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