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Zapp(ZAPP) - 2025 FY - Earnings Call Transcript
2025-10-08 15:02
Financial Data and Key Metrics Changes - The company reported a total of 4,214,520 votes cast, representing approximately 22.6% of the total votes [2] - The preliminary voting results showed 2,704,804 votes in favor and 1,459,002 against the proposal to increase authorized share capital [7] Business Line Data and Key Metrics Changes - The company proposed an increase in authorized share capital from $50,000 divided into 25 million ordinary shares to $500,000 divided into 250 million ordinary shares [5] Market Data and Key Metrics Changes - No specific market data or key metrics changes were discussed during the meeting Company Strategy and Development Direction - The company intends to submit a report to the U.S. Securities and Exchange Commission within four business days to report the final voting results of the meeting [8] Management's Comments on Operating Environment and Future Outlook - No specific comments from management regarding the operating environment or future outlook were provided during the meeting Other Important Information - The special resolution to replace the existing memorandum and articles of association was not passed [7] Q&A Session Summary - No Q&A session was recorded in the provided content
Zapp(ZAPP) - 2025 FY - Earnings Call Transcript
2025-10-08 15:02
Financial Data and Key Metrics Changes - The company reported a total of 4,214,520 votes cast, representing approximately 22.6% of the total votes [2] - Preliminary voting results showed 2,704,804 votes in favor and 1,459,002 against the proposal to increase authorized share capital [7] Business Line Data and Key Metrics Changes - The company proposed an increase in authorized share capital from $50,000 divided into 25 million ordinary shares to $500,000 divided into 250 million ordinary shares [5] Market Data and Key Metrics Changes - No specific market data or key metrics changes were discussed during the meeting Company Strategy and Development Direction and Industry Competition - The company aims to amend its memorandum and articles of association to reflect the share capital increase, indicating a strategic move to enhance its financial flexibility [6] Management's Comments on Operating Environment and Future Outlook - Management did not provide specific comments on the operating environment or future outlook during this meeting Other Important Information - The company intends to submit a report on SEC Form 6-K to report the final voting results of the meeting within four business days [8] Q&A Session All Questions and Answers - No Q&A session was recorded in the provided documents
Zapp(ZAPP) - 2025 FY - Earnings Call Transcript
2025-10-08 15:00
Financial Data and Key Metrics Changes - The company reported a total of 4,214,520 votes cast, representing approximately 22.6% of total votes [2] - The preliminary voting results showed 2,704,804 votes in favor and 1,459,002 against the resolution to increase authorized share capital [7] Business Line Data and Key Metrics Changes - The proposal to increase the company's authorized share capital from $50,000 divided into 25 million ordinary shares to $500,000 divided into 250 million ordinary shares was approved [5] Market Data and Key Metrics Changes - No specific market data or key metrics changes were discussed in the meeting [8] Company Strategy and Development Direction - The company intends to submit a report to the U.S. Securities and Exchange Commission within four business days to report the final voting results of the meeting, indicating a focus on regulatory compliance and transparency [8] Management's Comments on Operating Environment and Future Outlook - There were no specific comments from management regarding the operating environment or future outlook during this meeting [8] Other Important Information - The special resolution to replace the existing memorandum and articles of association was not passed [7] Q&A Session All Questions and Answers - There were no questions or answers recorded during the meeting [8]
Zapp Electric Vehicles Group (NasdaqCM:ZAPP) 2025 Conference Transcript
2025-09-24 15:52
Summary of Zapp Electric Vehicles Group Conference Call Company Overview - **Company**: Zapp Electric Vehicles Group (NasdaqCM: ZAPP) - **Mission**: To electrify personal urban mobility, focusing on two-wheeled electric vehicles [1][2] Core Points and Arguments - **Product Development**: Zapp is developing products that align with the growing demand for electric two-wheelers, particularly the i300 model, which has won nine design awards [3][4] - **Market Potential**: The global two-wheeler market was valued at $118 billion in 2024 and is projected to grow to $176 billion by 2032, with electric vehicles expected to capture at least 30% of the market share [4][5] - **Target Markets**: Initial sales efforts will focus on the UK, followed by France and other major European markets. The largest opportunity lies in Asia, particularly India and Southeast Asia, where two-thirds of global two-wheeler sales occur [5][6][21] - **Product Line Expansion**: Plans to introduce the i125 model in fiscal year 2027 and an e-bike in 2026, targeting different customer needs and price points [9][22] Marketing and Sales Strategy - **Experiential Marketing**: Focus on test rides to drive sales, with plans for a test ride roadshow in November [18] - **Hybrid Sales Model**: Direct-to-consumer sales through an e-commerce platform, partnerships with online resellers, and retail stores specializing in mobility solutions [10][26] - **Retail Partnerships**: Collaborations with retailers like SmartTech and Selfridges to display products [10][24] Product Specifications - **i300 Model**: Priced at £5,495, designed as a performance city bike with features like removable batteries and a low center of gravity [29][32] - **Charging and Range**: Standard charging takes two hours, while fast charging from 20% to 80% takes 40 minutes [32] Competitive Landscape - **Market Positioning**: Zapp positions itself as a challenger brand in the electric two-wheeler market, focusing on unique design and performance rather than directly comparing itself to competitors [3][20] Operational Insights - **Inventory Strategy**: Zapp aims to generate demand before building inventory, adjusting production based on market needs [34] - **Delivery Timeline**: Delivery times will vary by market; for the UK, deliveries for the first 50 bikes are expected in November and December [35] Management and Leadership - **New Leadership**: CEO David McIntyre emphasizes a fresh approach under new management, focusing on building the business step by step [11][36] Additional Considerations - **Service and Maintenance**: Warranty and after-sales services will be provided through retail partners and potentially mobile service solutions [23] - **Market Dynamics**: The company acknowledges the importance of pricing in consumer decisions and aims to offer affordable options without compromising on design [6][7] This summary encapsulates the key points discussed during the conference call, highlighting Zapp Electric Vehicles Group's strategic direction, market opportunities, and product offerings.
Zapp EV Announces Cancellation of Annual General Meeting on May 15, 2025
GlobeNewswire News Room· 2025-05-15 11:30
Company Announcement - Zapp Electric Vehicles Group Limited has cancelled its annual general meeting scheduled for May 15, 2025, due to the lack of proxies to constitute a quorum [1] - The company will withdraw the proposals set forth in the proxy card provided on April 30, 2025, and will notify shareholders of a new annual meeting at a future date [1] Company Overview - Zapp EV is focused on redefining the electric two-wheeler segment, with its debut product, the i300, designed for urban high-performance [2] - The i300 offers traditional motorcycle performance in a step-through format, emphasizing ease of use and enjoyment [2] - Zapp plans to provide a direct-to-customer experience, where customers can order the i300 online and have it delivered to their homes by authorized personnel [2]
Zapp EV Reminds Shareholders to Vote Before Annual General Meeting on May 15, 2025
Globenewswire· 2025-05-12 14:05
Core Viewpoint - Zapp Electric Vehicles Group Limited is urging shareholders to vote in favor of proposals that will help the company regain compliance with Nasdaq's listing standards, with the annual general meeting scheduled for May 15, 2025 [1][2]. Group 1: Proposals and Compliance - The proposals include increasing authorized capital and implementing a reverse stock split, which are essential for Zapp to meet Nasdaq's compliance requirements [3]. - Failure to execute these proposals may lead to the delisting of Zapp's ordinary shares from Nasdaq, potentially impacting the company's funding sources and share trading volume [3]. Group 2: Shareholder Voting - Shareholders as of April 24, 2025, are encouraged to vote their proxies before the annual meeting, with the Board of Directors recommending a "FOR" vote on all three proposals [2]. - The company has provided proxy materials and information on how to vote, emphasizing the importance of shareholder participation [2]. Group 3: Company Overview - Zapp EV aims to redefine the electric two-wheeler market, with its flagship product, the i300, designed for urban mobility and high performance [4]. - The company plans to offer a direct-to-customer experience, ensuring convenient delivery and support for customers [4].
Zapp EV Appoints Authorised Reseller in Ireland
Globenewswire· 2025-04-29 11:05
Core Insights - Zapp Electric Vehicles Group Limited has appointed Michael Grant as its first authorized reseller in Ireland, marking a significant step in its commercial rollout in Europe [1][2] - The company aims to enhance its presence in the electric two-wheeler market with its debut product, the i300, which combines high performance with user-friendly features [2] Company Developments - The i300 has received European homologation certification from the National Standards Authority in Ireland, allowing Zapp to expand its operations [2] - Michael Grant brings over 40 years of experience in automotive retail, which will support Zapp's strategy to increase sales and support for electric vehicles in Ireland [1][2] Product Offering - The i300 is designed as a high-performance urban electric motorcycle, capable of delivering traditional motorcycle performance in a step-through format [2] - Zapp plans to implement a direct-to-customer sales model, where customers can order the i300 online and receive home delivery along with at-home inspection and service [2]
Zapp EV Completes Homologation of i300 in the United Kingdom
Globenewswire· 2025-04-14 15:15
Core Viewpoint - Zapp Electric Vehicles Group Limited has received type approval from the Vehicle Certification Agency in the UK, allowing the i300 model to be sold in Great Britain, which is a significant step in its European commercial rollout [1][2]. Group 1: Regulatory Approval and Market Expansion - The recent regulatory approval enables Zapp to sell the i300 at scale in Great Britain, enhancing its sales and support network beyond its experience center in Bicester Heritage Park [2]. - Zapp plans to include additional authorized resellers throughout Europe as part of its expansion strategy [2]. Group 2: Product Overview and Customer Experience - Zapp's i300 is an urban electric high-performance two-wheeler designed to offer traditional motorcycle performance in a user-friendly format [3]. - The company aims to provide a high-quality direct-to-customer experience, with bikes delivered to customers' homes by authorized personnel who will also offer inspection, service, and support [3].
Zapp EV Appoints Its First Authorised Reseller in Europe
Globenewswire· 2025-03-31 10:05
Core Insights - Zapp Electric Vehicles Group Limited has appointed Green Mopeds Ltd. as its first authorized reseller for the i300 electric motorcycle in Great Britain, aiming to enhance urban mobility with eco-friendly solutions [1][4] Group 1: Company Overview - Zapp EV is focused on redefining the electric two-wheeler segment, with its debut product, the i300, designed to offer high-performance levels akin to traditional motorcycles in a step-through format [5] - The i300 is part of a planned suite of high-performance electric two-wheelers that Zapp intends to introduce to the market [5] Group 2: Strategic Developments - The i300 will be displayed at Green Mopeds' West London location, where customers can arrange test rides and receive delivery and after-sales support through Zapp's premium service model [2] - Zapp's micro-factory in the Bangkok Free Trade Zone has the capacity to produce up to 21,500 units annually, fulfilling both domestic and international orders [3] Group 3: Partnerships and Goals - The partnership with Green Mopeds aligns with Zapp's mission to improve urban mobility and promote 100% electric solutions [4] - Zapp plans to replicate its micro-factory model in regions with high demand for two-wheelers, including India, as it expands its reseller network [3]
Zapp EV Received European Certification for i300
Globenewswire· 2025-03-17 10:05
Core Points - Zapp Electric Vehicles Group Limited has received the European Community Whole Vehicle Type Approval (ECWVTA) for its i300 electric urban motorcycle, allowing sales throughout the EU and in countries recognizing EU certification, including India [1][2][3] - The ECWVTA certification ensures compliance with high standards for vehicle safety, production conformity, environmental protection, and energy efficiency, making it a reference for vehicle regulations in several countries [2] - The company plans to import up to 2,500 units of the i300 per year to India from its Thailand micro-factory, marking a significant step in its international expansion strategy [3] - Zapp EV aims to convert existing customer reservations into sales and will appoint authorized resellers while developing a network for delivery, service, and after-sales support [3] - The i300 is positioned as a high-performance electric two-wheeler that combines traditional motorcycle performance with ease of use, targeting the urban mobility market [4]