Eric Sills, CEO, stated that "the strong momentum from the first half has largely continued. From a top-line perspective, we posted growth of nearly 25%. And while the majority of this growth was from ...

Management reaffirms mid-teens percentage sales growth for the full year 2025, incorporating contributions from Nissens. Adjusted EBITDA margin is projected to range between 10% and 11% of net sales.

Company forecasts $30M+ revenue and positive net income in 2024, with 2025 revenue targeted at $40M-$50M The commercial EV market is projected to grow at a 26.4% CAGR, reaching $55.9 billion by 2029.

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Iles raised sales guidance for the full year of 2025 to "an increase over last year in the low to mid-20% range, which is above our prior range of low 20% increases." Adjusted EBITDA margin guidance ...