LECLANCHE SA

Latest Results (10.11.2025):

LECLANCHE SA's half-year (H1) 2024 financial results reflect a challenging period with a decline in revenue but notable improvements in operational efficiency and cost management. Despite revenues dropping to CHF 5.6 million from CHF 8.9 million in H1 2023, the company achieved a 27% reduction in its EBITDA loss, improved gross margins, and strengthened its balance sheet through a significant capital increase, underlining LECLANCHE SA's commitment to maintaining its market position and supporting future growth.

Revenue and Profitability

In H1 2024, LECLANCHE SA reported revenue of CHF 5.6 million compared to CHF 8.9 million in H1 2023. The company reduced its EBITDA loss from CHF 26.2 million in H1 2023 to CHF 19.2 million in H1 2024, showcasing an improvement in cost management and operational efficiency despite lower income levels.

Gross Margin and Deferred Income

Gross margins improved to 10.2% in H1 2024, evidencing the positive impact of strategic initiatives. Deferred income remained robust at CHF 5.4 million, highlighting a strong revenue backlog that supports future revenue predictability as contracts are fulfilled.

Balance Sheet and Capital Increase

LECLANCHE SA strengthened its financial position with total assets reaching CHF 116.4 million as of 30 June 2024. A major milestone was the successful CHF 84.7 million capital increase on 11 July 2024, achieved through debt-to-equity conversion, which enhanced the company’s balance sheet and financial flexibility.

Market and Technological Advancements

The company made significant strides in key sectors such as marine, rail, and heavy-duty applications by securing CHF 39.5 million in new contracted revenue during H1 2024. Moreover, the launch of the innovative XN50 lithium-ion battery cell, featuring niobium-based anode technology, positions LECLANCHE SA at the forefront of energy storage solutions.