TURB on Nasdaq
Turbo Energy, S.A.
Turbo Energy, S.A. is a miscellaneous electrical machinery company, listed on Nasdaq (TURB).1
Price unavailable
Last updated Oct 20, 2026.
Overview
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- TickerTURB on Nasdaq1
- IndustryMiscellaneous Electrical Machinery, Equipment & Supplies1
- HeadquartersU31
- Incorporated inSpain2
- Business addressPlaza America 2, 4Ab, Valencia, 460042
- Filer categoryNon-accelerated filer, Emerging growth company2
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Turbo Energy’s systems are designed to automate and optimize energy generation, storage and consumption decisions in real time.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 2024
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Products and services
Revenue Related Parties brought in 53% of the revenue Turbo Energy, S.A. broke down this way in fiscal 2025.
Products and services by year
| Products and services | 2023 | 2024 | 2025 |
|---|---|---|---|
| Revenue Related Parties | 1.4M EUR | 306.7K EUR | 10.5M EUR |
| Revenue | 11.7M EUR | 9.1M EUR | 9.4M EUR |
| Other Operating Income | 37.1K EUR | 221.4K EUR | 112.0K EUR |
Where the money goes
Where each dollar of revenue went, fiscal 2024
- Cost of revenue72¢9.1M EUR
- Selling, general and admin17¢2.1M EUR
- Interest2¢198.6K EUR
- Income tax9¢1.1M EUR
Out of 9.6M EUR in revenue.4 The company lost money this year.
Where each dollar of operating cash went, fiscal 2024
- Capital spending13¢126.6K EUR
- Kept or used elsewhere87¢860.4K EUR
Out of 986.9K EUR of cash from operations.4
Financial statements
No quarterly figures reported.
Every line of the income statement as filed: the last 3 fiscal years, latest first.5
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Total Revenue | 20.0M EUR | 9.6M EUR | 13.1M EUR |
| Cost of revenues | 16.1M EUR | 9.1M EUR | 10.8M EUR |
| Cost of revenues - related parties | 1.2M EUR | ||
| Selling and administrative | 2.7M EUR | 2.1M EUR | 1.5M EUR |
| Selling and administrative - related parties | 360.8K EUR | 848.8K EUR | 1.0M EUR |
| Salaries and benefits | 1.5M EUR | 1.3M EUR | 1.1M EUR |
| Salaries and benefits - related parties | 140.3K EUR | 116.8K EUR | 10.0K EUR |
| Bad debt expense | 13.2K EUR | 138.9K EUR | 84.4K EUR |
| Total Cost and Expenses | 20.8M EUR | 13.6M EUR | 15.8M EUR |
| Loss from operations | -775.2K EUR | -4.0M EUR | -2.6M EUR |
| Other income | 13.0K EUR | ||
| Other income - related party | 134 EUR | ||
| Interest income | 3.5K EUR | 63.1K EUR | 444 EUR |
| Interest expense | -586.7K EUR | -198.6K EUR | -287.3K EUR |
| Interest expense - related party | -81.3K EUR | -183.8K EUR | -118.8K EUR |
| Recovery of bad debts | 57.5K EUR | ||
| Loss from disposal of equipment | -42.8K EUR | ||
| Gain from insurance recoveries on inventory | 1.9M EUR | ||
| Impairment on inventory due to natural disaster | -2.1M EUR | ||
| Foreign exchange gain (loss) | -132.8K EUR | 4.5K EUR | -82.9K EUR |
| Total Other Income (Expense) | -769.5K EUR | -510.3K EUR | -488.5K EUR |
| Net Loss Before Income Tax | -1.5M EUR | -4.5M EUR | -3.1M EUR |
| - Current | -93.0K EUR | ||
| - Deferred | -388.4K EUR | -1.1M EUR | -1.0M EUR |
| Net Loss | -1.2M EUR | -3.3M EUR | -2.0M EUR |
| Basic Net Income per Ordinary Share (in Euro per share) | -0.02 EUR | -0.06 EUR | -0.04 EUR |
| Diluted Net Income per Ordinary Share (in Euro per share) | -0.02 EUR | -0.06 EUR | -0.04 EUR |
| Weighted Average Number of Ordinary Shares Outstanding - Basic (in Shares) | 55.1M shares | 55.1M shares | 51.5M shares |
| Weighted Average Number of Ordinary Shares Outstanding - Diluted (in Shares) | 55.1M shares | 55.1M shares | 51.5M shares |
No quarter-by-quarter statement was filed.
No quarterly figures reported.
Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.5
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalent | 493.1K EUR | 2.4M EUR | 620.5K EUR | 502.6K EUR |
| Accounts receivable and other receivables | 1.7M EUR | 2.9M EUR | ||
| Inventories | 3.4M EUR | 2.0M EUR | ||
| Amount due from related parties | 10.4M EUR | 246.2K EUR | ||
| Prepaid expense | 3.6M EUR | 1.0M EUR | ||
| Investments | 34.6K EUR | 52.0K EUR | ||
| Total Current Assets | 19.8M EUR | 8.6M EUR | ||
| Property and equipment, net | 215.0K EUR | 273.9K EUR | ||
| Intangible assets, net | 2.1M EUR | 1.7M EUR | ||
| Right-of-use assets | 21.4K EUR | 35.3K EUR | 54.9K EUR | 94.1K EUR |
| Deferred tax assets | 2.3M EUR | 2.0M EUR | ||
| Total Assets | 24.4M EUR | 12.6M EUR | ||
| Accounts payable and accrued liabilities | 12.6M EUR | 2.9M EUR | ||
| Accrued interest payable | 355.7K EUR | 14.9K EUR | ||
| Amount due to related parties | 2.9M EUR | 1.8M EUR | ||
| Lease liabilities - current portion | 12.2K EUR | 32.4K EUR | ||
| Bank loans - current portion | 4.5M EUR | 4.4M EUR | ||
| Debt bond - current portion | 253.4K EUR | 91.4K EUR | ||
| Total Current Liabilities | 20.7M EUR | 9.2M EUR | ||
| Lease liabilities | 10.1K EUR | 4.0K EUR | ||
| Deferred tax liabilities | 30.6K EUR | 33.3K EUR | ||
| Debt bond - noncurrent portion | 2.1M EUR | 774.5K EUR | ||
| Total Liabilities | 22.8M EUR | 10.0M EUR | ||
| Share Capital | 2.8M EUR | 2.8M EUR | ||
| Additional paid in capital | 3.9M EUR | 3.8M EUR | ||
| Reserve | 1.4M EUR | 1.4M EUR | ||
| Accumulated Deficit | -6.5M EUR | -5.4M EUR | ||
| Total Shareholders Equity | 1.6M EUR | 2.6M EUR | 5.3M EUR | 3.9M EUR |
| Total Liabilities and Shareholders Equity | 24.4M EUR | 12.6M EUR |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalent | 493.1K EUR | 2.4M EUR | 620.5K EUR | 502.6K EUR |
| Accounts receivable and other receivables | 1.7M EUR | 2.9M EUR | ||
| Inventories | 3.4M EUR | 2.0M EUR | ||
| Amount due from related parties | 10.4M EUR | 246.2K EUR | ||
| Prepaid expense | 3.6M EUR | 1.0M EUR | ||
| Investments | 34.6K EUR | 52.0K EUR | ||
| Total Current Assets | 19.8M EUR | 8.6M EUR | ||
| Property and equipment, net | 215.0K EUR | 273.9K EUR | ||
| Intangible assets, net | 2.1M EUR | 1.7M EUR | ||
| Right-of-use assets | 21.4K EUR | 35.3K EUR | 54.9K EUR | 94.1K EUR |
| Deferred tax assets | 2.3M EUR | 2.0M EUR | ||
| Total Assets | 24.4M EUR | 12.6M EUR | ||
| Accounts payable and accrued liabilities | 12.6M EUR | 2.9M EUR | ||
| Accrued interest payable | 355.7K EUR | 14.9K EUR | ||
| Amount due to related parties | 2.9M EUR | 1.8M EUR | ||
| Lease liabilities - current portion | 12.2K EUR | 32.4K EUR | ||
| Bank loans - current portion | 4.5M EUR | 4.4M EUR | ||
| Debt bond - current portion | 253.4K EUR | 91.4K EUR | ||
| Total Current Liabilities | 20.7M EUR | 9.2M EUR | ||
| Lease liabilities | 10.1K EUR | 4.0K EUR | ||
| Deferred tax liabilities | 30.6K EUR | 33.3K EUR | ||
| Debt bond - noncurrent portion | 2.1M EUR | 774.5K EUR | ||
| Total Liabilities | 22.8M EUR | 10.0M EUR | ||
| Share Capital | 2.8M EUR | 2.8M EUR | ||
| Additional paid in capital | 3.9M EUR | 3.8M EUR | ||
| Reserve | 1.4M EUR | 1.4M EUR | ||
| Accumulated Deficit | -6.5M EUR | -5.4M EUR | ||
| Total Shareholders Equity | 1.6M EUR | 2.6M EUR | 5.3M EUR | 3.9M EUR |
| Total Liabilities and Shareholders Equity | 24.4M EUR | 12.6M EUR |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years, latest first.5
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net loss before income tax | -1.5M EUR | -4.5M EUR | -3.1M EUR |
| Stock based compensation | 132.0K EUR | 103.8K EUR | |
| Bad debt expense | 13.2K EUR | 138.9K EUR | 84.4K EUR |
| Recovery of bad debts | -57.5K EUR | ||
| Loss from disposal of equipment | 42.8K EUR | ||
| Depreciation of property and equipment | 24.9K EUR | 11.8K EUR | 19.4K EUR |
| Amortization of intangible assets | 242.1K EUR | 49.7K EUR | 50.0K EUR |
| Amortization of right-of-use assets | 45.2K EUR | 61.6K EUR | 58.5K EUR |
| Accretion of lease liabilities | 3.0K EUR | 2.3K EUR | 2.2K EUR |
| Gain on lease cancellation | -446 EUR | ||
| Provision for inventory reserves | 312.6K EUR | ||
| Gain from insurance recoveries on inventory | -1.9M EUR | ||
| Impairment on inventory due to natural disaster | 2.1M EUR | ||
| Inventories | -1.5M EUR | 3.4M EUR | 4.2M EUR |
| Accounts receivable and other receivables | 1.2M EUR | -844.0K EUR | 832.1K EUR |
| Deferred tax assets | 159.6K EUR | 157.4K EUR | -518.1K EUR |
| Due from related parties | -8.2M EUR | 1.4M EUR | -1.3M EUR |
| Due to related parties | 65.0K EUR | -117.4K EUR | -117.7K EUR |
| Prepaid expense | -2.6M EUR | 27.8K EUR | -312.5K EUR |
| Accounts payable and accrued liabilities | 9.7M EUR | 867.3K EUR | -609.3K EUR |
| Accrued interest payable | 340.8K EUR | 14.9K EUR | |
| Deferred tax liabilities | -2.7K EUR | 556 EUR | 32.8K EUR |
| Income tax payable | 578.3K EUR | ||
| Net cash provided by (used in) operating activities | -1.9M EUR | 986.9K EUR | 182.8K EUR |
| Short-term investments | 2.0M EUR | -2.0M EUR | |
| Proceeds from return of short-term investments | 17.5K EUR | ||
| Purchase of equipment | -8.7K EUR | -126.6K EUR | -28.0K EUR |
| Purchase of intangible assets | -631.3K EUR | -927.0K EUR | -516.7K EUR |
| Net cash provided by (used in) investing activities | -622.5K EUR | 938.5K EUR | -2.6M EUR |
| Net proceed from issuance of common stock through Initial public offering | 3.4M EUR | ||
| Proceeds from debt bond | 1.7M EUR | 865.9K EUR | |
| Repayment of debt bond | -219.5K EUR | ||
| Repayment of bank loans | -90.4K EUR | -237.5K EUR | -228.2K EUR |
| Net proceeds (repayment) from lines of credit | 231.3K EUR | 617.5K EUR | -4.1M EUR |
| Repayment of lease liabilities | -47.9K EUR | -64.0K EUR | -60.5K EUR |
| Payments to related parties | -1.1M EUR | -2.1M EUR | -640.3K EUR |
| Proceeds from related parties | 212.2K EUR | 799.1K EUR | 4.2M EUR |
| Net cash provided by (used in) financing activities | 628.9K EUR | -161.3K EUR | 2.5M EUR |
| Net change in cash and cash equivalent | -1.9M EUR | 1.8M EUR | 117.9K EUR |
No quarter-by-quarter statement was filed.
Corporate structure
Turbo Energy, S.A. sits at the top of its group. 1 entity on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of Turbo Energy, S.A.
- Umbrella Global Energy, S.A. Filed SCHEDULE 13D/A on Turbo Energy, S.A., latest Nov 13, 2025 (4 filings since Feb 14, 2024)
- Turbo Energy, S.A. U3
Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What Turbo Energy, S.A. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, net | 273.9K EUR4 Dec 31, 2024 | 159.1K EUR4 Dec 31, 2023 | +72.1% |
| Operating-lease assets (leased space) | 35.3K EUR4 Dec 31, 2024 | 54.9K EUR4 Dec 31, 2023 | −35.7% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | 2.4M EUR4 Dec 31, 2024 | 620.5K EUR4 Dec 31, 2023 | +284.3% |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Intangible assets, net (excluding goodwill) | 1.7M EUR4 Dec 31, 2024 | 835.7K EUR4 Dec 31, 2023 | +105.0% |
Inventory
Leadership
Who has led Turbo Energy, S.A., and when. Pick a name to see everywhere that person has worked.
Chief executive
Chief financial officer
- Chief executive officerHerandez Mariano Soria Mar 27, 2026 to now7
- ChairEnrique Selva Bellvis Mar 18, 2026 to now8
- Chief financial officerHerandez Mariano Soria Jul 6, 2026 to now9
Board members and other officers (7)
- Board memberJulian Groves Mar 19, 2026 to now10
- Board memberHector Dominguis Mar 26, 2026 to now11
- Board memberMarti Emilio Canavate Mar 26, 2026 to now12
- Board memberPolop Miguel Valldecabres Mar 26, 2026 to now13
- Board memberHerandez Mariano Soria Mar 27, 2026 to now7
- Board memberMonika Mikac Mar 27, 2026 to now14
- Board memberDaniel Green Mar 30, 2026 to now15
Timeline
- Mar 27, 2026New chief executive Herandez Mariano Soria becomes CEO7
Filings
119 filings to the SEC since October 2021: 4 annual reports, 12 insider forms, 4 large holders, 99 other. The latest 20:
- Oct 6, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
- Sep 29, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
- Sep 17, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
- Jul 27, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
- Jul 6, 20264 EDGAR
- Jul 6, 20264 EDGAR
- Jul 6, 20264 EDGAR
- Jul 2, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
- Jun 24, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
- Jun 18, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
- Jun 5, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
- Jun 3, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
- May 27, 2026144 EDGAR
- May 18, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
- May 15, 202620-F ANNUAL REPORT EDGAR
- May 11, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
- May 1, 2026NT 20-F NOTIFICATION OF LATE FILING EDGAR
- Apr 29, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
- Apr 28, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
- Apr 27, 20266-K CURRENT REPORT EDGAR
The 119 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
5 open-market trades by officers, directors and large owners since October 2021: 3 buys and 2 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Jun 8, 2026 | Soria Herandez MarianoCEO, Interim CFO, GM & Dir. | Sale | 1,422 | $1.64 | $2.3K | Form 4 |
| Jun 1, 2026 | Soria Herandez MarianoCEO, Interim CFO, GM & Dir. | Sale | 2,878 | $1.61 | $4.6K | Form 4 |
| May 29, 2026 | Bellvis Enrique SelvaChairman of the Board | Buy | 9,500 | $1.09 | $10.4K | Form 4 |
| May 28, 2026 | Soria Herandez MarianoCEO, Interim CFO, GM & Dir. | Buy | 4,300 | $1.16 | $5.0K | Form 4 |
| May 19, 2026 | Canavate Marti EmilioDirector | Buy | 1,000 | $1.31 | $1.3K | Form 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.
- Umbrella Global Energy, S.A.SCHEDULE 13D/A, 4 filings Feb 14, 2024 to Nov 13, 202516
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026. Change is in shares since the quarter before.
| Fund | Shares | Value | Share of the fund | Change |
|---|---|---|---|---|
| SmartHarvest Portfolios, LLC | 189,761 | $297.9K | 0.1% | +78,656 |
| Independent Advisor Alliance | 96,478 | $151.5K | 0.0% | +61,145 |
| Vanguard Personalized Indexing Management, LLC | 52,170 | $81.9K | 0.0% | New |
| Jane Street Group, LLC | 44,033 | $69.1K | 0.0% | New |
| XTX Topco Ltd | 23,663 | $37.2K | 0.0% | New |
| Morgan Stanley | 10,001 | $15.7K | 0.0% | −10,937 |
| Bank Of Montreal /can/ | 10,000 | $15.7K | 0.0% | −10,000 |
| GAMMA Investing LLC | 4,636 | $7.3K | 0.0% | New |
| Integrated Wealth Concepts LLC | 3,922 | $6.2K | 0.0% | New |
| UBS Group AG | 3,259 | $5.1K | 0.0% | −15,172 |
| Rhumbline Advisers | 1,078 | $1.7K | 0.0% | +195 |
| Bnp Paribas Financial Markets | 93 | $146 | 0.0% | New |
13F reports cover disclosed long positions in U.S. stocks only.
SEC filer profile
How Turbo Energy, S.A. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARTurbo Energy, S.A.1
- CIK0001963439
- Filer statusNon-accelerated filer an emerging growth company; not a shell company3
- Incorporated inKingdom of Spain3
- Fiscal year endsDecember 311
- Industry code (SIC)3690 Miscellaneous Electrical Machinery, Equipment & Supplies1
- SEC reviewing officeOffice of Manufacturing, Division of Corporation Finance1
- Business addressPlaza America 2, 4Ab, Valencia, Select State/Province 46004, Spain1
- Phone34 960 450 0261
- Shares outstanding55,085,700 shares as of Dec 31, 20253
- AuditorTAAD LLP, Diamond Bar, CA PCAOB ID 5854; no auditor attestation of internal control over financial reporting3
- On EDGAR sinceFeb 28, 20231
- Filings119 in all: 6-K (55), 3 (9), CORRESP (8), UPLOAD (8), 144 (4), 20-F (3), 4 (3), DRSLTR (3)1
All 26 form types
EFFECT (3), F-1/A (3), SCHEDULE 13D/A (3), 424B5 (2), DRS/A (2), 20-F/A (1), 424B4 (1), 8-A12B (1), CERT (1), DRS (1), F-1 (1), F-3 (1), F-3/A (1), F-6 (1), F-6/A (1), FWP (1), NT 20-F (1), SC 13D (1)
- Latest filingsAnnual report (20-F) May 15, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| One American Depositary Share represents five Ordinary Shares | TURB | The Nasdaq Stock Market LLC |
| Ordinary Share, par value five cents of euro (€0.05) per share | NONE |
From the cover page of the 20-F filed May 15, 2026 (Section 12(b) of the Exchange Act).3
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8SEC EDGAREnrique Selva Bellvis, Chair
- 9
- 10SEC EDGARJulian Groves, Board member
- 11SEC EDGARHector Dominguis, Board member
- 12SEC EDGARMarti Emilio Canavate, Board member
- 13
- 14SEC EDGARMonika Mikac, Board member
- 15SEC EDGARDaniel Green, Board member
- 16