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ECARX(ECX) - 2025 Q2 - Quarterly Report
2025-08-26 11:04
Exhibit 99.1 ECARX Announces Second Quarter 2025 Unaudited Financial Results Shanghai, China, August 26, 2025 — ECARX Holdings Inc. (Nasdaq: ECX) ("ECARX" or the "Company"), a global mobility tech provider, today announced unaudited financial results for the quarter ended June 30, 2025. "The strong momentum we built in 2024 and early 2025 continued in the second quarter," said Ziyu Shen, ECARX Chairman and CEO. "Revenue was US$155.6 million, reflecting the impact of typical seasonal headwinds and the timing ...
ECARX Announces Second Quarter 2025 Unaudited Financial Results
Globenewswire· 2025-08-26 11:00
Core Insights - ECARX Holdings Inc. reported a total revenue of US$155.6 million for Q2 2025, reflecting a 10% decrease year-over-year, attributed to seasonal headwinds and contract timing [2][7] - The company aims to achieve EBITDA breakeven in each of the remaining quarters of 2025, targeting close to 20% revenue growth for the year [2][3] - Shipments of the Antora series solutions increased by 112% year-over-year, reaching 135,000 units, driven by demand from the Geely portfolio [3][11] Financial Performance - Total revenue for Q2 2025 was US$155.6 million, down 10% YoY, with sales of goods revenue at US$131.2 million, up 1% YoY [7][28] - Software license revenue fell 85% YoY to US$1.2 million, primarily due to declines in intellectual property and per-vehicle software license revenues [7][28] - Service revenue decreased by 34% YoY to US$23.2 million, mainly due to reduced design and development service contracts [8][28] - Gross profit was US$16.8 million, down 58% YoY, resulting in a gross margin of 11%, down from 23% in the same period last year [11][28] - Net loss for Q2 2025 was US$45.4 million, compared to a net loss of US$42.1 million in Q2 2024 [11][28] Business Development Highlights - The company is expanding its global footprint, collaborating with a top-five automaker in China and developing a next-generation intelligent cockpit operating system for a premium global brand [3][11] - ECARX has secured contract wins with a total lifetime revenue of over US$1 billion, indicating strong demand for its technology [3][11] - The company received the Technical Development & Innovation award from Volkswagen Brazil, highlighting its innovation and global impact [4][18] - A new global headquarters in Singapore is set to open in the second half of 2025, aimed at enhancing R&D collaboration and supply chain optimization [4][11] Technological Advancements - The company is focusing on safety, security, and performance benchmarks for products that can be deployed across various applications [4][11] - ECARX's lidar technology has been selected by a leading developer of robotic lawn mowers, marking the start of monetization beyond the automotive sector [3][11] - The company is supporting the launch of new vehicle programs that integrate advanced computing platforms and software stacks, setting new standards for AI-powered intelligent cockpits [11][18]
亿咖通科技上涨2.4%,报1.71美元/股,总市值6.34亿美元
Jin Rong Jie· 2025-08-25 14:28
Group 1 - ECX stock increased by 2.4% to $1.71 per share, with a total market capitalization of $634 million as of August 25 [1] - For the fiscal year ending March 31, 2025, ECX reported total revenue of 1.222 billion RMB, a year-on-year increase of 30.35%, and a net profit attributable to shareholders of -188 million RMB, a year-on-year increase of 34.35% [1] Group 2 - ECX is scheduled to release its fiscal year 2025 mid-term report on August 26, prior to the market opening [2] - The company is transforming vehicles into seamlessly integrated information, communication, and transportation devices, focusing on core technologies for smart mobility [2] - ECARX's core products include infotainment systems, digital cockpits, vehicle chip solutions, core operating systems, and integrated software stacks, along with the development of a full-stack automotive computing platform [2]
亿咖通科技上涨5.15%,报1.735美元/股,总市值6.43亿美元
Jin Rong Jie· 2025-08-22 18:17
Core Insights - ECARX's stock price increased by 5.15% to $1.735 per share, with a total market capitalization of $643 million as of August 23 [1] - For the fiscal year ending March 31, 2025, ECARX reported total revenue of 1.222 billion RMB, representing a year-on-year growth of 30.35%, while the net profit attributable to shareholders was -188 million RMB, showing a year-on-year increase of 34.35% [1] - ECARX is set to release its fiscal year 2025 mid-term report on August 26, prior to the market opening in the Eastern Time Zone [1] Company Overview - ECARX is transforming vehicles into seamlessly integrated information, communication, and transportation devices [1] - The company is rapidly advancing core technologies for smart mobility, enhancing the interaction between people and vehicles [1] - Current core products include infotainment systems, digital cockpits, vehicle chip solutions, core operating systems, and integrated software stacks [1] - ECARX is also developing a full-stack automotive computing platform [1]
亿咖通科技上涨2.16%,报1.655美元/股,总市值6.14亿美元
Jin Rong Jie· 2025-08-21 14:36
Group 1 - The core viewpoint of the article highlights the financial performance and market activity of ECARX, indicating a positive growth trajectory in revenue and net profit [1][2] - As of August 21, ECARX's stock price increased by 2.16%, reaching $1.655 per share, with a total market capitalization of $614 million [1] - Financial data shows that by March 31, 2025, ECARX is projected to achieve total revenue of 1.222 billion RMB, representing a year-on-year growth of 30.35%, while the net profit attributable to the parent company is expected to be -188 million RMB, reflecting a year-on-year increase of 34.35% [1] Group 2 - A significant event reminder indicates that ECARX is scheduled to disclose its fiscal year 2025 mid-term report on August 26, prior to the market opening [2] - ECARX is focused on transforming vehicles into seamlessly integrated information, communication, and transportation devices, advancing core technologies for smart mobility [2] - The company's current core products include infotainment systems, digital cockpits, vehicle chip solutions, core operating systems, and integrated software stacks, along with the development of a full-stack automotive computing platform [2]
亿咖通科技上涨2.75%,报1.644美元/股,总市值6.09亿美元
Jin Rong Jie· 2025-08-20 13:50
Group 1 - The core viewpoint of the article highlights the positive financial performance of ECX, with a stock price increase of 2.75% and a total market capitalization of $609 million as of August 20 [1] - As of March 31, 2025, ECX is projected to achieve total revenue of 1.222 billion RMB, reflecting a year-on-year growth of 30.35%, while the net profit attributable to shareholders is expected to be -188 million RMB, showing a year-on-year increase of 34.35% [1] - ECX is set to disclose its fiscal year 2025 interim report on August 26, prior to the market opening, with the actual disclosure date subject to company announcements [1] Group 2 - ECX is focused on transforming vehicles into seamlessly integrated information, communication, and transportation devices, advancing core technologies for smart mobility [1] - The company's current core products include infotainment systems, digital cockpits, vehicle chip solutions, core operating systems, and integrated software stacks [1] - Additionally, ECX is developing a full-stack automotive computing platform [1]
亿咖通科技上涨2.33%,报1.627美元/股,总市值6.03亿美元
Jin Rong Jie· 2025-08-15 14:21
Group 1 - ECX stock increased by 2.33% to $1.627 per share, with a total market capitalization of $603 million as of August 15 [1] - For the fiscal year ending March 31, 2025, ECX reported total revenue of 1.222 billion RMB, representing a year-on-year growth of 30.35%, while the net profit attributable to shareholders was -188 million RMB, showing a year-on-year increase of 34.35% [1] Group 2 - ECX is scheduled to release its fiscal year 2025 interim report on August 26, before the market opens [2] - The company is transforming vehicles into seamlessly integrated information, communication, and transportation devices, focusing on enhancing interaction between people and vehicles through advanced smart mobility technologies [2] - Current core products of ECARX include infotainment systems, digital cockpits, vehicle chip solutions, core operating systems, and integrated software stacks, along with the development of a full-stack automotive computing platform [2]
ECARX Recognized with Technical Development & Innovation Award at Volkswagen Brazil's "the One" Supply Chain Conference
Globenewswire· 2025-08-15 12:00
Core Points - ECARX Holdings Inc. received the Technical Development & Innovation award at Volkswagen Brazil's "the One" partnership celebration, highlighting its growing impact in the global automotive industry [1] - This award signifies a significant milestone in the relationship between Volkswagen Group and ECARX, with ECARX providing solutions for Volkswagen vehicles in global markets [2] - ECARX focuses on safety, security, and performance, adhering to ASPICE standards and supporting Google Automotive Services, with high-level functional safety and cybersecurity certifications [3] Company Overview - ECARX is a global automotive technology provider, delivering turnkey solutions for next-generation smart vehicles, including system on a chip (SoC), central computing platforms, and software [5] - Founded in 2017 and listed on Nasdaq in 2022, ECARX has approximately 1,800 employees across 12 major locations worldwide, co-founded by Ziyu Shen and Eric Li [6] - ECARX products are currently found in over 8.7 million vehicles globally, collaborating with major automakers like Volkswagen Group, FAW Group, and Dongfeng Peugeot-Citroën [6]
亿咖通科技上涨3.18%,报1.62美元/股,总市值6.01亿美元
Jin Rong Jie· 2025-08-13 16:57
Group 1 - The stock price of ECARX increased by 3.18% to $1.62 per share, with a total market capitalization of $601 million as of August 14 [1] - For the fiscal year ending March 31, 2025, ECARX reported total revenue of 1.222 billion RMB, representing a year-on-year growth of 30.35%, and a net profit attributable to shareholders of -188 million RMB, which is a year-on-year increase of 34.35% [1] Group 2 - ECARX is scheduled to release its fiscal year 2025 mid-term report on August 26, prior to the market opening [2] - The company is focused on transforming vehicles into seamlessly integrated information, communication, and transportation devices, advancing core technologies for smart mobility [2] - Current core products of ECARX include infotainment systems, digital cockpits, vehicle chip solutions, core operating systems, and integrated software stacks, along with the development of a full-stack automotive computing platform [2]
亿咖通科技上涨2.29%,报1.565美元/股,总市值5.80亿美元
Jin Rong Jie· 2025-08-12 13:55
Group 1 - The stock price of ECARX increased by 2.29% to $1.565 per share, with a total market capitalization of $580 million as of August 12 [1] - For the fiscal year ending March 31, 2025, ECARX reported total revenue of 1.222 billion RMB, representing a year-on-year growth of 30.35%, and a net profit attributable to shareholders of -188 million RMB, which is a year-on-year increase of 34.35% [1] - ECARX is set to release its fiscal year 2025 interim report on August 26, prior to the market opening [2] Group 2 - ECARX is transforming vehicles into seamlessly integrated information, communication, and transportation devices, focusing on enhancing interaction between people and vehicles [2] - The core products of ECARX include infotainment systems, digital cockpits, vehicle chip solutions, core operating systems, and integrated software stacks [2] - The company is also developing a full-stack automotive computing platform [2]