Exhibit 99.1 FOR IMMEDIATE RELEASE Stoneridge Reports First Quarter 2025 Results Strong Quarter-to-Quarter Margin Progression MirrorEye® and SMART 2 Tachograph Set Quarterly Sales Records Maintaining Previously Provided Full-Year 2025 Guidance 2025 First Quarter Results 2025 Full-Year Guidance • Maintaining previously provided full-year 2025 guidance ranges NOVI, Mich. – April 30, 2025– Stoneridge, Inc. (NYSE: SRI) today announced financial results for the first quarter ended March 31, 2025. The Company ann ...

Core Insights - Stoneridge, Inc. reported first quarter sales of $217.9 million, maintaining its full-year 2025 guidance [1][15] - The company achieved significant margin improvements, with adjusted gross margin increasing by 210 basis points compared to the previous quarter [4][16] - Record quarterly sales were noted for both MirrorEye and SMART 2 tachograph, with a 24% increase in MirrorEye sales [4][16] Financial Performance - First quarter gross profit was $46.3 million, representing 21.2% of sales, while adjusted gross profit was $47.7 million, or 21.9% of sales [2][5] - The operating loss for the quarter was $(3.2) million, with an adjusted operating loss of $(0.4) million [2][5] - Net loss for the quarter was $(7.2) million, with an adjusted net loss of $(5.1) million [2][5] Segment Performance - Electronics segment sales decreased by 6.0% from the previous quarter, totaling $140.5 million, primarily due to lower production volumes in the commercial vehicle market [5][9] - Control Devices segment sales increased by 10.6% to $69.9 million, driven by higher production volumes for North American passenger vehicle customers [7][10] - Stoneridge Brazil reported a 15.9% increase in sales to $14.4 million, attributed to higher OEM sales [8][11] Cash Flow and Debt - As of March 31, 2025, the company had cash and cash equivalents of $79.1 million and total debt of $203.2 million [12][30] - The company generated $10.9 million in net cash from operating activities and $4.9 million in free cash flow, both showing increases from the previous year [12][30] Guidance and Outlook - Stoneridge is maintaining its full-year 2025 guidance, expecting sales between $860 million and $890 million, with adjusted EBITDA guidance of $38 million to $42 million [15][16] - The company anticipates continued progress on material cost improvements and quality-related costs for the remainder of the year [16][17]

Group 1 - Stoneridge, Inc. will host a live webcast for its first quarter 2025 earnings conference call on May 1, 2025, at 9:00 a.m. ET [1] - The conference call will feature president and CEO Jim Zizelman and CFO Matt Horvath [1] - The webcast can be accessed through the Presentations & Events page on the company's website [1] Group 2 - Stoneridge, Inc. is headquartered in Novi, Michigan, and is a global supplier of electronic systems and technologies [2] - The company's products enhance vehicle intelligence and ensure safety and security for both on- and off-highway transportation sectors worldwide [2] - Additional information about Stoneridge can be found on their official website [2]

Core Viewpoint - Sparton Resources Inc. has received funding of $169,117.79 from the Ontario government to support its Pense Critical Metals Project, which aims to explore critical metals in Northern Ontario [1][2][3]. Funding and Support - The funding is part of the Ontario Junior Exploration Program (OJEP) aimed at supporting critical metals exploration [1]. - The Ontario government emphasizes its commitment to boosting economic growth and job creation through investments in early-stage mining explorations [3]. Project Developments - Sparton has acquired 100% ownership of the Pense property, with recent drilling results indicating promising mineralization [4]. - The initial drill program at Pense has shown positive results, leading to plans for further exploration and potential new discoveries [2][14]. Drilling Results - Drilling highlights include: - Hole P24-01 intersected a 38-meter mineralized zone with significant nickel values [5]. - Hole P24-02 returned 0.15% nickel over 12.1 meters [5]. - Additional holes reported various nickel values, indicating the presence of critical metals [5][6][7]. - Historical drilling data from the area has shown interesting values of critical metals, suggesting the potential for further discoveries [9][11]. Exploration Strategy - The company has identified several untested geophysical targets on the Pense property, indicating opportunities for future exploration [10][13]. - Recent reconnaissance geophysics work has located new targets, expanding the scope of exploration [10]. Market Context - The presence of significant gold mineralization in the Pense project is viewed as an added advantage, especially with current gold prices reaching all-time highs [14]. - The company believes that the overlooked mineralization style in the area, combined with the associated anomalous gold, presents a unique investment opportunity [14].

NOVI, Mich., March 14, 2025 /PRNewswire/ -- Stoneridge, Inc. (NYSE: SRI) today announced upcoming changes to its Board of Directors. Longstanding board members George S. Mayes, Jr. and Paul J. Schlather will retire from the Board for personal reasons and will not seek reelection as part of the Company's 2025 Slate of Directors. The Board has decided not to fill these vacancies, reducing its membership to seven. Mayes has served on Stoneridge's Board since 2012, including as Chairman of the Compliance and Et ...

Financial Performance - The company reported a net loss of $16.5 million, or $(0.60) per diluted share, for the year ended December 31, 2024, an increase in net loss by $11.3 million from the previous year[115]. - Total net sales for 2024 were $908.3 million, a decrease of $67.5 million or 6.9% compared to 2023's $975.8 million[142]. - The total loss before income taxes for 2024 was $13,597 thousand, compared to a loss of $1,922 thousand in 2023[295]. - Comprehensive loss income for 2024 totaled $45,749 thousand, a stark contrast to a comprehensive income of $5,171 thousand in 2023[214]. - The company reported a net loss of $16.5 million for 2024, compared to a net loss of $5.2 million in 2023, reflecting a significant increase in losses[212]. Sales and Revenue - Net sales decreased by $67.5 million, or 6.9%, in 2024, with the Control Devices segment experiencing a 14.5% decline in net sales[116][138]. - The Electronics segment's net sales decreased by 1.8%, primarily due to lower customer demand in agricultural and commercial vehicle markets, despite higher sales from the European commercial vehicle market[119]. - North American net sales decreased by $48.4 million or 9.8%, attributed to lower sales volume and expected end-of-life production impacts[142]. - Control Devices segment net sales in North America decreased to $245,208 thousand in 2024 from $290,213 thousand in 2023, a decline of 15.5%[277]. - Electronics segment net sales in North America slightly decreased to $201,934 thousand in 2024 from $205,328 thousand in 2023, a decline of 1.9%[277]. Cash and Liquidity - The company increased cash and cash equivalents to $71.8 million in 2024, up from $40.8 million in 2023, due to reduced working capital and lower inventory levels[123]. - Cash provided by operating activities increased to $47.7 million in 2024, up by $42.8 million from $4.9 million in 2023[158]. - The company holds approximately $71.8 million in cash and cash equivalents, with 65.8% held in foreign locations, and $73.4 million of undrawn commitments under the Credit Facility[172]. Expenses and Costs - The gross margin increased to 20.8% in 2024 from 20.6% in 2023, with material costs as a percentage of net sales decreasing by 1.8% to 57.6%[145]. - Interest expense for 2024 was $14.4 million, up from $13.0 million in 2023, reflecting the impact of floating-rate debt[212]. - Business realignment costs were $2.6 million in 2024, down from $4.5 million in 2023, primarily related to optimizing the engineering footprint[136]. - Share-based compensation expense increased to $4,094 thousand in 2024 from $3,322 thousand in 2023[217]. Investments and Obligations - The company has a total contractual obligation of $238.4 million as of December 31, 2024, including $201.6 million under the Credit Facility[160]. - The company entered into a new credit facility on November 2, 2023, providing for a $275,000 thousand senior secured revolving credit facility[286]. - The company has accrued for estimated losses related to legal proceedings and claims, assessing the likelihood of adverse judgments[185]. Foreign Currency and Risks - The company is exposed to foreign currency exchange rate fluctuations, particularly in Brazil, Argentina, Mexico, Sweden, Estonia, the Netherlands, the United Kingdom, and China[171]. - The company estimates that a 10.0% unidirectional change in currency exchange rates would have affected income before income taxes by approximately $2.9 million for the year ended December 31, 2024[198]. - The company has significant operations in multiple regions, including Europe and South America, which exposes it to translation risk due to currency fluctuations[195]. Research and Development - The company plans to focus on developing products addressing industry megatrends, including safety and vehicle intelligence, with ongoing projects like the OEM MirrorEye programs and next-generation tachograph[124]. - Research and development costs incurred were $11,883 thousand, $18,809 thousand, and $23,784 thousand for the years ended December 31, 2024, 2023, and 2022, respectively[256]. - Total product development costs amounted to $72,174 thousand in 2024, representing 7.9% of net sales, compared to $71,075 thousand (7.3%) in 2023[255]. Assets and Liabilities - Total current assets decreased to $387.5 million in 2024 from $429.4 million in 2023, primarily due to a reduction in inventories[211]. - The company's total liabilities increased to $376.3 million in 2024 from $392.2 million in 2023, with long-term liabilities rising to $226.3 million[211]. - The reserve for product warranty and recall totaled $27.5 million as of December 31, 2024, indicating ongoing management of product-related liabilities[209]. Accounting and Compliance - The Company adopted ASU No. 2023-07 for segment reporting, effective for annual periods beginning in fiscal 2025[191]. - The Company is evaluating the impact of recently issued accounting standards on its financial statement disclosures, with new standards effective for fiscal years beginning after December 15, 2024[193]. - Deferred tax assets are subject to valuation allowances if it is more likely than not that they will not be realized in future periods[187].

Full-Year & Q4 2024 Results February 27, 2025 stoneridge.com © 2025 Full-Year & Q4 2024 Results Non-GAAP Financial Measures This presentation contains information about the Company's financial results that is not presented in accordance with accounting principles generally accepted in the United States ("GAAP"). Such non-GAAP financial measures are reconciled to their closest GAAP financial measures at the end of this presentation. The provision of these non-GAAP financial measures for 2024 and 2023 is not ...

Financial Data and Key Metrics Changes - In 2024, Stoneridge's sales reached $908.3 million, outperforming the weighted average OEM end markets by 490 basis points despite a 10.4% decline in those markets [11][16] - The company achieved a free cash flow of approximately $24 million, an increase of $56 million compared to the previous year, driven by a $36 million reduction in inventory [9][46] - Full year adjusted EBITDA margin declined by approximately 80 basis points compared to the prior year, with a decremental contribution margin of just 19% versus the historical average of 25% to 30% [15][16] Business Line Data and Key Metrics Changes - MirrorEye revenue increased by 22% year over year, driven by the launch of a program with Volvo in Europe, contributing $66 million in total revenue for 2024 [11][17] - Smart 2 Tachograph revenue reached just under $60 million for the full year, with sales almost doubling relative to 2023 [12][41] - Control Devices full year sales declined by approximately 14% to $296.3 million, primarily due to lower production volumes for a major North American passenger vehicle customer [38] Market Data and Key Metrics Changes - The commercial vehicle end markets saw a 24% decline in Europe and a 2.5% decline in North America [41] - Stoneridge Brazil's full year sales were approximately $50.1 million, declining year over year due to macroeconomic challenges in South America [45] Company Strategy and Development Direction - The company is focused on improving operational performance, cash flow, and quality-related costs, with a significant emphasis on material cost improvements and structural cost reductions [10][15] - Stoneridge plans to launch additional MirrorEye programs in North America with Volvo and Daimler Truck, expecting over $50 million of additional growth for MirrorEye in 2025 [12][24] - The company is also expanding its core technology and product areas, particularly in trailer connectivity, to drive long-term growth [27][32] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the challenges in the macroeconomic environment but expressed confidence in the company's ability to navigate these challenges through strategic initiatives [7][9] - The company expects continued success with MirrorEye and Smart 2 Tachograph in 2025, with revenue growth projections for MirrorEye reaching approximately $120 million [24][53] - Management highlighted the importance of quality improvements and operational efficiency as key priorities for 2025 [10][15] Other Important Information - The company amended its existing credit facility to provide financial covenant relief through the third quarter of 2025, ensuring ample liquidity and flexibility [47][48] - Stoneridge updated its long-term revenue targets, projecting nearly triple revenue by 2029 to almost $300 million annually [25][64] Q&A Session Summary Question: Can you unpack the unexpected engineering and quality costs in Q4? - Management explained that engineering costs were influenced by customer reimbursements tied to program development hurdles, with good visibility for 2025 [74][76] - Quality-related costs were attributed to ongoing improvements in processes, with a focus on minimizing future quality issues [77][80] Question: What are the growth expectations for Smart 2 Tachograph? - Management indicated that revenue from Smart 2 is expected to remain stable, with opportunities for market share expansion in the aftermarket [90][91] Question: How will inventory and working capital be managed moving into 2026? - Management expressed confidence in continued improvement in inventory management, expecting no significant build in working capital despite potential growth [92][94]

Core Points - Stoneridge, Inc. has entered a three-year agreement with NRG Energy's Direct Energy to meet 100% of the electricity needs for its Lexington, Ohio manufacturing facility through renewable energy certificates (RECs) [1][2] - The initiative is expected to generate over 13,000 megawatt hours (MWh) of carbon-free electricity annually, equivalent to removing approximately 13.5 million pounds of CO₂ from the atmosphere each year [2] - Stoneridge is also sourcing green or low-carbon energy at its global operations in Manaus, Brazil; Tallinn, Estonia; and Örebro, Sweden, demonstrating a broader commitment to sustainability [3] Company Overview - Stoneridge, Inc. is headquartered in Novi, Michigan, and specializes in designing and manufacturing highly engineered electrical and electronic systems, components, and modules for various vehicle markets, including automotive, commercial, off-highway, and agricultural [4]

Financial Performance - Fourth quarter sales were $218.2 million, with a gross profit of $42.7 million (19.5% of sales) and adjusted gross profit of $43.1 million (19.7% of sales) [3] - Full-year sales reached $908.3 million, with a gross profit of $189.3 million (20.8% of sales) and adjusted gross profit of $189.8 million (20.9% of sales) [4] - The company reported a net loss of $(6.1) million for Q4 2024 and an adjusted net loss of $(5.0) million [3] - Net sales for 2024 were $908.3 million, a decrease of 6.9% compared to $975.8 million in 2023 [32] - The net loss for 2024 was $16.5 million, compared to a net loss of $5.2 million in 2023, reflecting a significant increase in losses [32] - Adjusted operating income for 2024 was a loss of $0.4 million, down from an operating income of $12.8 million in 2023 [32] - Adjusted EBITDA for Q4 2024 was $6.0 million (2.7% of sales) [3] - Adjusted EBITDA for Q4 2024 was $5.5 million, with a full-year adjusted EBITDA of $35.1 million, compared to Q4 2023 adjusted EBITDA of $15.6 million and full-year 2023 adjusted EBITDA of $48.1 million [35] - Adjusted gross profit for Q4 2024 was $43.1 million, down from $45.7 million in Q4 2023, while full-year adjusted gross profit decreased to $189.8 million from $202.1 million [36] - The operating loss for Q4 2024 was $(4.4) million, with an adjusted operating income of $(4.0) million for the full year, compared to an operating income of $6.0 million in Q4 2023 [37] Cash Flow and Liquidity - Positive free cash flow of approximately $24 million was achieved, an increase of approximately $56 million compared to the previous year, driven by a $36 million reduction in inventory [6] - Free cash flow for 2024 was $47.7 million, a substantial increase compared to $4.9 million in 2023, indicating better cash management [33] - Cash and cash equivalents increased to $71.8 million in 2024 from $40.8 million in 2023, indicating improved liquidity [31] - Total Cash and Cash Equivalents are expected to rise from $54.1 million in Q3 2024 to $71.8 million in Q4 2024 [50] Debt and Leverage - As of December 31, 2024, cash and cash equivalents totaled $71.8 million, with adjusted net debt at $147.9 million [14][15] - The company aims for a compliance net debt to EBITDA leverage ratio of 2.0x to 2.5x by the end of 2025 [17] - The company’s total liabilities increased to $376.3 million in 2024 from $392.2 million in 2023, reflecting changes in debt structure [31] - Compliance Leverage Ratio (Net Debt / TTM EBITDA) is projected to rise from 2.79x in Q3 2024 to 3.08x in Q4 2024, remaining below the maximum requirement of 3.50x [50] - Total Debt is expected to increase from $196.3 million in Q3 2024 to $201.6 million in Q4 2024 [50] - Total Adjusted Debt (Compliance) is projected to increase from $197.9 million in Q3 2024 to $203.1 million in Q4 2024 [50] Future Guidance - The company established 2025 revenue guidance of $875 million and EBITDA guidance of $40 million [1] - The 2026 revenue target is set at least $975 million, with an EBITDA target of at least $70 million (7.2% of sales) [4] - MirrorEye® is expected to contribute over $50 million in incremental revenue in 2025, with total expected revenue for 2025 ranging from $860 million to $890 million [4] Operational Challenges - The company faced challenges including fluctuations in material costs and geopolitical risks, which may impact future performance [26] - The company incurred after-tax business realignment costs of $0.3 million in Q4 2024 and $2.5 million for the full year 2024 [34] Segment Performance - The electronics segment reported an adjusted operating income of $5.3 million in Q4 2024, down from $11.0 million in Q4 2023, while full-year adjusted operating income decreased to $27.9 million from $30.2 million [41] - Control devices segment showed an adjusted operating income of $(1.6) million in Q4 2024, compared to $0.9 million in Q4 2023, with full-year adjusted operating income at $6.6 million [39]