capital · May 20, 2026
Turbo Energy Files FY2025 Annual Report with 107% Revenue Growth to $23.46 Million
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Turbo Energy, S.A. filed its FY2025 Annual Report on Form 20-F with the SEC on May 18, 2026. The company reported full-year 2025 revenue of $23.46 million, representing 107% year-over-year growth from 2024 levels. Operating loss narrowed to $0.91 million from $4.11 million in the prior year, and net loss decreased to $1.36 million from $3.45 million. The company raised approximately $5.0 million in gross proceeds through RDO and ATM programs in early 2026, increasing shareholders’ equity to approximately $6.48 million from $1.88 million. CEO Mariano Soria leads the Valencia, Spain-based firm which maintains a strategic partnership with Hithium for battery storage integration.
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