Lotus Technology Q2 Earnings: $0.20 Net Loss Per Share

Lotus Technology Inc, a luxury electric vehicle manufacturer, has reported a Q2 net loss of $0.20 per share. The company is mainly engaged in the design, development, manufacturing, and sales of luxury electric vehicles, focusing on electrification, digitalization, intelligence, and other automotive technologies. Lotus operates in the China, UK, and EU markets and designs, develops, and sells luxury lifestyle cars under the iconic British brand Lotus.

Sparc Group AB (publ), a leading provider of luxury electric vehicles, has released its Q2 2025 financial report. The company reported net sales of SEK 556 million, representing a 9.9% increase from the previous year. However, organic growth was down by 5.3%, indicating a decline in core sales. Adjusted EBITDA was SEK 42 million, resulting in a margin of 7.6%. The company reported a net loss of SEK -23 million, generating earnings per share after dilution of SEK -0.58. Cash flow from operating activities was SEK -2 million, with a cash conversion on a rolling 12-month basis of 95.6% [1].

In contrast, Lotus Technology Inc., another luxury electric vehicle manufacturer, reported a Q2 net loss of $0.20 per share. The company operates in the China, UK, and EU markets and is focused on electrification, digitalization, and intelligence in automotive technologies. Lotus Technology Inc. designs, develops, and sells luxury lifestyle cars under the iconic British brand Lotus [2].

References:
[1] Reuters. (2025, August 29). Sparc Group AB (publ) - Interim Report (Q1-Q2) 2025. Retrieved from https://www.tradingview.com/news/reuters.com,2025-08-29:newsml_Wkr1Z3bGY:0-sparc-group-ab-publ-interim-report-q2-2025/
[2] Reuters. (2025, July 02). Lotus Technology Inc. Reports Q2 Net Loss of $0.20 per Share. Retrieved from https://www.tradingview.com/news/lotus-technology-inc-q2-2025-financials