Turbo Energy Projects FY25 Revenue Between $22.5M and $23.5M
TURB has more than doubled off its 52-week low of $0.57.
Summary
Turbo Energy, S.A. has provided its financial outlook for Fiscal Year 2025, projecting revenue to be in the range of $22.5 million to $23.5 million. This guidance offers a forward-looking view of the company's operational expectations. This announcement follows closely on the heels of the company establishing and launching an At-The-Market (ATM) offering program to sell up to $2.98 million in ADSs, as disclosed in SEC filings on March 25, 2026. The revenue guidance is a material update for investors, providing key financial context as the company actively seeks to raise capital. Traders will be evaluating this outlook in conjunction with the ongoing capital raise to assess the company's valuation and future growth prospects.
At the time of this announcement, TURB was trading at $2.98 on NASDAQ in the Energy & Transportation sector, with a market capitalization of approximately $27.5M. The 52-week trading range was $0.57 to $20.45. This news item was assessed with neutral market sentiment and an importance score of 8 out of 10. Source: Dow Jones Newswires.