Wallbox Announces Filing of 2024 Annual Report on Form 20-F
BARCELONA, SPAIN, May 06, 2025--(BUSINESS WIRE)--Wallbox (NYSE: WBX), a leading provider of electric vehicle (EV) charging and energy management solutions worldwide, today announced that its Annual Report on Form 20-F for the fiscal year ended December 31, 2024, has been filed with the Securities and Exchange Commission (SEC).
The Annual Report on Form 20-F can be accessed on the Investor Relations section of Wallbox's website at investors.wallbox.com and on the SEC's website at www.sec.gov. Wallbox's security holders may request free of charge a hard copy of Wallbox's complete audited financial statements by contacting investors@wallbox.com.
About Wallbox
Wallbox is a global technology company, dedicated to changing the way the world uses energy. Wallbox creates advanced electric vehicle charging and energy management systems that redefine the relationship between users and the network. Wallbox goes beyond charging electric vehicles to give users the power to control their consumption, save money and live more sustainably. Wallbox offers a complete portfolio of charging and energy management solutions for residential, semi-public, and public use in more than 100 countries around the world. Founded in 2015 in Barcelona, where the company's headquarters are located, Wallbox currently has offices across Europe, Asia, and America. For more information, visit www.wallbox.com
Forward Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. We intend such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 27A of the Securities Act of 1933, as amended (the "Securities Act") and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). All statements contained in this press release other than statements of historical fact should be considered forward-looking statements, including, without limitation, statements regarding Wallbox's future operating results and financial position, long term profitability and costs optimization, business strategy and plans and market opportunity. The words "anticipate," "believe," "can," "continue," "could," "estimate," "expect," "focus," "forecast," "intend," "likely," "may," "might," "plan," "possible," "potential," "predict," "project," "should," ""target," will," "would" and similar expressions are intended to identify forward-looking statements, though not all forward-looking statements use these words or expressions. These statements are neither promises nor guarantees, but involve known and unknown risks, uncertainties and other important factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements, including, but not limited to: Wallbox's history of operating losses as an early stage company; the adoption and demand for electric vehicles including the success of alternative fuels, changes to rebates, tax credits and the impact of government incentives; Wallbox's ability to successfully manage its growth; the accuracy of Wallbox's forecasts and projections including those regarding its market opportunity; competition; risks related to losses or disruptions in Wallbox's supply or manufacturing partners; impacts resulting from geopolitical conflicts; risks related to macro-economic conditions and inflation; Wallbox's reliance on the third-parties outside of its control; risks related to Wallbox's technology, intellectual property and infrastructure; occurrence of any public health crisis or similar global events as well as the other important factors discussed under the caption "Risk Factors" in Wallbox's Annual Report on Form 20-F for the fiscal year ended December 31, 2023, as such factors may be updated from time to time in its other filings with the Securities and Exchange Commission (the "SEC"), accessible on the SEC's website at www.sec.gov and the Investors Relations section of Wallbox's website at investors.wallbox.com. Any such forward-looking statements represent management's estimates as of the date of this press release. Any forward-looking statement that Wallbox makes in this press release speaks only as of the date of such statement. Except as required by law, Wallbox disclaims any obligation to update or revise, or to publicly announce any update or revision to, any of the forward-looking statements, whether as a result of new information, future events or otherwise.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
an hour ago
- Yahoo
Uber Technologies Stock Outlook: Strong Fundamentals or Overhyped Ride?
Back in 2009, Uber was just an idea in an app tap a button, get a ride. Fast forward 16 years and over 58 billion rides later, and it's turned into something way bigger. Uber Technologies Inc. (NYSE: UBER) is now more of a global logistics machine than just a ride-hailing company. They've got their hands in food delivery, freight, maybe even driverless cars down the road. But here's the big question: has all that growth been priced in already? Or is there still room left on the ride? Let's take a look. Uber kicked off 2025 with another strong quarter. In Q1, the company posted $42.8 billion in Gross Bookings, up 14% year-over-year (18% on a constant currency basis). Revenue hit $11.5 billion another 14% jump YoY. Trips rose 18% YoY to 3 billion, supported by a 14% growth in Monthly Active Platform Consumers (MAPCs), now at 170 million. Adjusted EBITDA rose 35% to $1.9 billion, with a margin of 4.4% of Gross Bookings up from 3.7% a year ago. Operating income soared to $1.2 billion, and Uber's free cash flow surged 66% to $2.3 billion, setting a new quarterly record. The company ended the quarter with $6.0 billion in unrestricted cash and short-term investments providing ample capital to continue share repurchases, R&D, and expansion plans. CEO Dara Khosrowshahi noted strong user retention and traction across multiple product lines, with Uber's autonomous efforts gaining visibility through five new AV partnership announcements just in the past week. In short: Uber's top line is growing, profitability is accelerating, and cash generation is robust. But are investors paying a premium? If you dig into Uber's ownership, you'll find all the big names. Vanguard owns around 8.6%, BlackRock's got 7.4%, and when you stack them up with others like Fidelity and Capital Research it's clear this isn't just retail hype. The big guys are in, and they're not known for chasing shiny objects. They're here for the long haul. Now, insiders? They barely show up on the list ownership is under %. Some might side-eye that, but honestly, for a company at this scale, it's not unusual. Founders move on, execs get paid in options, and the rest is in institutional hands. What's important is this: when most of your shareholder base is made up of long-term money, volatility stays in check. It also sends a pretty strong message Wall Street thinks Uber still has legs. As of today (May 27, 2025), Uber's market cap stands at $183.50 billion. With 171 million monthly active users, that means investors are effectively paying around $1,073 per user. This per-user pricing becomes compelling when you consider Uber's brand loyalty and platform utility many users wouldn't give up Uber for $1,000. That says something about stickiness. So how does Uber stack up to competitors? Lyft is cheaper on a sales basis but remains unprofitable. Grab trades at a steep premium despite losses, while Didi is leaner but locked in China. Uber, on the other hand, is the only player posting positive free cash flow, sustainable margins, and global diversification. It trades at just 22x FCF historically low for the company and analysts expect free cash flow to rise over 25% annually. Even modest multiple expansion could lift its valuation significantly. Bottom line: Uber's premium is backed by real cash, real users, and real operating leverage. Here's something most people don't realize Uber still owns a chunk of Didi, around 10%. So even though they're not battling it out in China anymore, they're still along for the ride. And Didi's no slouch. They've got about $7 billion stashed away that's nearly a third of their market cap just sitting in cash, ready to go. Lately, they've been pushing into food delivery too, which could heat things up if Uber ever circles back to that part of the world. What's wild is how the Chinese regulators are actually helping Didi lock things down. They've cleared the field, knocked out rivals, and basically handed them the keys. That kind of home-turf dominance? It makes Didi a serious long-game player and, oddly enough, a pretty strategic card in Uber's back pocket. Then there's Lyft. It's holding on to roughly a third of the U.S. ride-share market. Lately, they've been playing the pricing game slashing fares, making it cheaper for riders, and tougher for Uber to hold onto its margins. Classic race to the bottom stuff. We've seen this before. And you can't ignore Grab. They're a different beast. Not just rides they've got payments, food, and banking all in one place. Kind of like Uber, DoorDash, and your mobile wallet, rolled together. They've locked down Southeast Asia in a big way. All this means Uber's not exactly free to expand wherever it wants. The pressure from competitors doesn't just limit growth it also messes with pricing. If one of these rivals gets leaner or smarter, Uber's lead could start to slip. One useful lens for comparing these platforms is their take rate the slice of gross bookings or merchandise value they convert into revenue. For Uber, the math is straightforward: about $11.5 billion in revenue from $42.8 billion in gross bookings puts the take rate around 27%. That's on the higher end. Grab, by contrast, turned $4.93 billion in GMV into $773 million in revenue, landing at roughly 15.7%. Didi came in at about 18.5% based on its reported RMB19.1 billion in platform sales from RMB103.2 billion in transaction volume. So what does this actually tell us? Simply put, Uber is getting more out of each dollar that moves through its platform. That kind of monetization efficiency can be a real asset especially when you factor in how slim margins can get in competitive pricing environments. A higher take rate often leaves more room to absorb rising driver costs or fund expansion without immediately eating into profits. Uber's Q1 call reiterated confidence but risks still loom. The biggest near-term overhang? The FTC lawsuit. In April, the agency accused Uber of misleading consumers with its Uber One subscription marketing. The company could face civil penalties, refunds, or policy changes that could dampen growth in high-margin subscription revenue. Labor remains a structural threat. New regulatory proposals in the EU and California could reclassify drivers as employees hiking Uber's labor costs significantly. If Prop 22 is overturned, California alone could see a 2030% margin compression. Macroeconomically, things are murky. While management insists there's no change in rider behavior yet, Q1 showed a slight sequential drop in bookings from Q4 mostly due to macro volatility and geopolitical headlines. If recession fears intensify, ride volumes and discretionary delivery could taper. Uber is also spending big on AVs with partnerships across six firms, including Waymo and Volkswagen. But with rising hardware costs and uneven regulatory paths, AV commercialization is still a long game. Put together: Uber's growth is real, but so are the lawsuits, legislative risks, and cyclical pressures. Uber's ride from scrappy startup to global mobility titan is nothing short of remarkable. It's hitting record highs in revenue, profitability, and user engagement. It's also sitting on billions in free cash flow, flexing institutional confidence, and repurchasing shares a sign that even the company believes it's undervalued. But this isn't a carefree cruise. Regulatory risks, pricing pressures, and legal challenges (like the FTC suit) aren't going away. Yet, with stronger-than-ever unit economics, a sticky user base, and real cash flow, Uber seems built for endurance. For investors with a moderate risk appetite and long-term view, Uber may still be a high-conviction bet and the Q1 results reinforce that case. This article first appeared on GuruFocus. Sign in to access your portfolio
Yahoo
2 hours ago
- Yahoo
Pro-XRP lawyer calls 70% shot at big win ahead for Ripple
Pro-XRP lawyer calls 70% shot at big win ahead for Ripple originally appeared on TheStreet. The years-long legal case surrounding the blockchain tech and payments firm Ripple took yet another turn as the crypto firm, along with the Securities and Exchange Commission (SEC), filed a joint motion to the District Court for the Southern District of New York on June 12. The motion renewed the parties' request to Judge Analisa Torres to grant an indicative ruling. It asked the court to dissolve a prior injunction and release $125 million held in an escrow. Earlier, Judge Torres denied a similar motion on May 15, calling it "procedurally improper.' The crypto community will keep a close watch on how she reviews the latest motion. Pro-XRP lawyer John Deaton is, however, 70% confident that Judge Torres will grant the motion that could bring the long legal battle to a final end. The SEC should have acknowledged the "overly aggressive" stance against crypto on the part of its prior leadership, which an appellate court found 'arbitrary and capricious,' Deaton opined. In her last judgment, Judge Torres asked the parties to demonstrate "exceptional circumstances" for her to vacate the ruling. Deaton said the SEC should have included a reference to pending crypto legislation such as the GENIUS and CLARITY Acts as an "exceptional circumstance." Ripple, on its part, should have highlighted how an injunction puts it at a disadvantage against competitors such as Circle (NYSE: CRCL), Deaton added. The argument submitted, the lawyer claimed, could be summed up as: 'Look judge, elections have consequences, and this is one of them.' It was in December 2020 that the SEC sued Ripple for the sale of allegedly unregistered XRP securities worth $1.3 billion. In July 2023, Judge Torres ruled that while the sale of tokens to institutional investors violated securities laws, their sale to retail investors didn't. In the run-up to the 2024 presidential election, Ripple's chief legal officer, Stuart Alderoty, personally donated $300,000 in XRP to Trump's campaign in June 2024. Once Trump won the election, Ripple Labs donated $5 million in XRP to his inaugural committee. Thereafter, Ripple and the SEC reached a settlement on March 25, as per which the company will pay $50 million of the original $125 million penalty, with the remainder refunded from escrow. The regulator has dropped cases against other crypto giants such as Coinbase (Nasdaq: COIN) and Binance. As per Kraken, XRP was trading at $2.16 at press time. Pro-XRP lawyer calls 70% shot at big win ahead for Ripple first appeared on TheStreet on Jun 14, 2025 This story was originally reported by TheStreet on Jun 14, 2025, where it first appeared.
Yahoo
3 hours ago
- Yahoo
The Dollar Is Crumbling, And Hedge Fund Analyst Says A New Global Trade Is Brewing
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. As the U.S. dollar has slumped to its lowest level in over two years, emerging market stocks rallied in near-perfect inverse fashion—a trend that may be just at its early stages. The iShares MSCI Emerging Markets ETF (NYSE:EEM), which holds more than 800 EM stocks, posted its ninth consecutive daily gain—the longest streak since the fund's inception in 2016—reaching levels last seen before Russia's invasion of Ukraine. 'As an investor, I want to operate under the assumption that... the dollar is going to be devaluing," Otavio Costa, macro analyst at Crescat Capital, said in an exclusive interview with Benzinga. "You want to buy natural resources, you want to buy hard assets, but you also want to buy emerging markets in a big way,' he added. Trending: Let your money work smarter: . No hidden fees, no commitment. At the core of Costa's view is the widening gap in interest payments between the U.S. and its developed peers. The U.S. spends about 5% of its gross domestic product on interest—when combining federal and local levels—far exceeding developed peers like Germany, Japan, and Canada, where interest costs are about 1%. Because the U.S. has far less fiscal flexibility, Costa believes it will be forced to cut rates more aggressively than other economies. For Costa, the implication is clear: 'That's going to translate into interest rates differentials contracting and causing the dollar to fall."Costa emphasized the valuation gap between U.S. and emerging market equities. "The Cyclically Adjusted Price-to-Earnings (CAPE) ratio of the U.S. is about 35, one of the highest in history. You look at Brazil, and it's about 12." he said. "Why would you not deploy capital there?' Costa sees emerging markets, hard assets and undervalued foreign equities as the likely beneficiaries of this rotation. He sees particular value in Brazil, not just in equities but in fixed income as well. "In Brazil, the equity market looks attractive, the bond market looks very attractive," Costa said. Among developed markets, Costa is particularly bullish on Canada. He sees the Canadian dollar—historically linked to oil and natural gas—on the verge of a breakout, fueled by its commodity exposure and underweight positioning in global portfolios. "The Canadian dollar is a contrarian play that could benefit from U.S. weakness and commodity strength," he said, adding that Canadian mining companies could also enjoy capital inflows. He added that capital markets are already signaling a shift. "Argentina starts doing well all of a sudden after politics changes... India is doing quite well. Japanese equities doing better than the U.S. Now you're seeing European equities outperform U.S. equities." "These things are just starting to occur," he said. "They're big moves." Read Next: Level up your portfolio tracking with Snowball Analytics: see all your investments in one dashboard with real-time stock and dividend tracking for free today. Image created using artificial intelligence via Midjourney. This article The Dollar Is Crumbling, And Hedge Fund Analyst Says A New Global Trade Is Brewing originally appeared on Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
