SSM on Nasdaq

Sono Group N.V.

Finance services company, listed on Nasdaq (SSM). Summary from the record

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Last updated Oct 19, 2026.

Overview

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  • TickerSSM on Nasdaq1
  • IndustryFinance Services1
  • HeadquartersP71
  • Incorporated inNetherlands2
  • Business addressWaldmeisterstrasse 93, Munich, 2M 809352
  • Filer category, Emerging growth company2

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During the year ended December 31, 2025, our business consisted of our legacy solar operations conducted through the Subsidiary. Accordingly, references in this Item 1 to the terms “Sono Motors,” “Sono,” “the Companies,” “we,” “our,” “ours,” “ourselves,” “us” or similar terms, refer to Sono Group N.V. together with the Subsidiary with respect to the fiscal years ended December 31, 2025 and 2024, and refer to Sono Group N.V. with respect to subsequent developments as described below, unless the context requires otherwise.3 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from. Figures are in EUR, the currency the company reports in.

Key numbers, fiscal 2023

-66.7%Gross margin4
-123423.8%Operating margin5
-126411.9%Net margin5
-81.7%Revenue growth, 20235
-15.0M EURFree cash flow5

Where the money goes

Where each dollar of revenue went, fiscal 2023

  • Cost of revenue0¢70.0K EUR
  • Research and development93¢16.1M EUR
  • Selling, general and admin6¢1.1M EUR

Out of 42.0K EUR in revenue.54 The company lost money this year.

Financial statements

Revenue67542.0K EUR in 2023
0100.0K EUR200.0K EUR300.0K EUR2019: 0 EUR0 EUR20192020: 0 EUR0 EUR20202021: 16.0K EUR16.0K EUR20212022: 229.0K EUR229.0K EUR2022+1331%2023: 42.0K EUR42.0K EUR2023−82%
Gross profit6754-28.0K EUR in 2023
-200.0K EUR-150.0K EUR-100.0K EUR-50.0K EUR02019: 0 EUR0 EUR20192020: 0 EUR0 EUR20202021: -42.0K EUR-42.0K EUR20212022: -163.0K EUR-163.0K EUR2022+288%2023: -28.0K EUR-28.0K EUR2023−83%
Operating income675-51.8M EUR in 2023+459% since 2019
-200.0M EUR-150.0M EUR-100.0M EUR-50.0M EUR02019: -9.3M EUR-9.3M EUR20192020: -54.0M EUR-54.0M EUR2020+483%2021: -59.2M EUR-59.2M EUR2021+10%2022: -181.4M EUR-181.4M EUR2022+207%2023: -51.8M EUR-51.8M EUR2023−71%
Net income675-53.1M EUR in 2023+432% since 2019
-200.0M EUR-150.0M EUR-100.0M EUR-50.0M EUR02019: -10.0M EUR-10.0M EUR20192020: -56.0M EUR-56.0M EUR2020+462%2021: -64.0M EUR-64.0M EUR2021+14%2022: -183.7M EUR-183.7M EUR2022+187%2023: -53.1M EUR-53.1M EUR2023−71%
Fiscal year201820192020202120222023
Revenue0 EUR60 EUR716.0K EUR5229.0K EUR542.0K EUR5
Cost of revenue58.0K EUR5392.0K EUR570.0K EUR4
Gross profit0 EUR60 EUR7-42.0K EUR5-163.0K EUR5-28.0K EUR4
Research and development40.6M EUR5158.5M EUR516.1M EUR4
Selling, general and admin3.2M EUR53.6M EUR51.1M EUR5
Operating expenses51.3M EUR4
Operating income-9.3M EUR6-54.0M EUR7-59.2M EUR5-181.4M EUR5-51.8M EUR5
Interest4.8M EUR6
Income before tax-63.9M EUR5-183.7M EUR5-53.6M EUR5
Income tax0 EUR50 EUR50 EUR5
Net income-10.0M EUR6-56.0M EUR7-64.0M EUR5-183.7M EUR5-53.1M EUR5
Earnings per share-0 EUR/shares6-1 EUR/shares7-1 EUR/shares5-2 EUR/shares5-0 EUR/shares5
Earnings per share (diluted)0 EUR/shares61 EUR/shares6
Shares (weighted, basic)59.8M shares583.1M shares51.4M shares4
Shares (weighted, diluted)59.8M shares583.1M shares51.4M shares4

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Leadership

Who has led Sono Group N.V., and when. Pick a name to see everywhere that person has worked.

Chief financial officer

  1. Martin Scott Calhoun2025
Board members and other officers (3)

Filings

191 filings to the SEC since October 2021: 5 annual reports, 5 quarterly reports, 23 major events, 8 insider forms, 21 large holders, 129 other. The latest 20:

  1. Oct 13, 2026SCHEDULE 13G/A EDGAR
  2. Oct 1, 2026SCHEDULE 13D EDGAR
  3. Sep 10, 2026144 EDGAR
  4. Sep 8, 2026SCHEDULE 13D EDGAR
  5. Sep 3, 20264 EDGAR
  6. Sep 2, 2026425 EDGAR
  7. Sep 2, 2026424B5 EDGAR
  8. Aug 31, 20264 EDGAR
  9. Aug 31, 2026425 EDGAR
  10. Aug 31, 20268-K EDGAR
  11. Aug 14, 2026SCHEDULE 13G/A EDGAR
  12. Aug 14, 202610-Q EDGAR
  13. Aug 13, 2026SCHEDULE 13G/A EDGAR
  14. Aug 12, 20264 EDGAR
  15. Aug 10, 2026144 EDGAR
  16. Jul 8, 2026SCHEDULE 13G EDGAR
  17. May 19, 202610-Q EDGAR
  18. May 15, 2026SCHEDULE 13G EDGAR
  19. May 15, 2026NT 10-Q EDGAR
  20. May 14, 2026EFFECT EDGAR

The 191 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

3 open-market trades by officers, directors and large owners since October 2021: 0 buys and 3 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Sep 1, 2026Bambino 255 V V UG haftungsbeschrankt10% ownerSale11,410$3.71$42.4KForm 4
Aug 27, 2026Bambino 255 V V UG haftungsbeschrankt10% ownerSale4,000$2.75$11.0KForm 4
Aug 10, 2026Bambino 255 V V UG haftungsbeschrankt10% ownerSale20,091$3.24$65.1KForm 4

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

  • 255 Ug Haftungsbeschrankt Bambino V. V.SCHEDULE 13G/A, 3 filings Jun 14, 2024 to Oct 13, 202614
  • Alpine Fox Capital LLCSCHEDULE 13D, 1 filing Oct 1, 202615
  • Christopher Michael KellySCHEDULE 13D, 1 filing Sep 8, 202616
  • Anson Funds Management LPSCHEDULE 13G/A, 2 filings May 15, 2026 to Aug 14, 202617
  • CantorSCHEDULE 13G, 1 filing Feb 13, 202618
  • Jona Johannes ChristiansSC 13D/A, 4 filings Feb 14, 2022 to Jun 13, 202419
  • Laurin Sinan Paul HahnSC 13D/A, 4 filings Feb 14, 2022 to Jun 13, 202420
  • SVSE LLCSC 13D, 1 filing Apr 11, 202421
  • Marita HansenSC 13G/A, 2 filings May 31, 2022 to Jun 23, 202222

Sources

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