Gogoro Inc
NASDAQ:GGR
Decide at what price you'd be comfortable buying and we'll help you stay ready.
|
G
|
Gogoro Inc
NASDAQ:GGR
|
TW |
|
R
|
Rex Trueform Group Ltd
JSE:RTO
|
ZA |
|
Lycopodium Ltd
ASX:LYL
|
AU |
Gogoro Inc
Gogoro, Inc. engages in the provision of electric scooter and related hardware and battery swapping and energy services. The company is headquartered in Taipei City, Taipei and currently employs 1,963 full-time employees. The company went IPO on 2022-04-05. The firm offers a best-in-class technology platform for battery swapping networks and a comprehensive ecosystem of enabling technologies for the vehicles that operate on them. The firm has established a battery exchange network in a pilot market in Taiwan using the smart Swap & Go battery system it developed. The Company’s comprehensive solution is built on an integrated technology platform that spans smart batteries specifically designed for swapping and connected battery swapping stations; cloud-based network software and battery management systems; design, engineering, and manufacturing of smartscooter ePTWs; ePTW powertrains, smart components, and Original Equipment Manufacturer (OEM) developer kits; AI-Driven operating system and consumer app with network connectivity.
Gogoro, Inc. engages in the provision of electric scooter and related hardware and battery swapping and energy services. The company is headquartered in Taipei City, Taipei and currently employs 1,963 full-time employees. The company went IPO on 2022-04-05. The firm offers a best-in-class technology platform for battery swapping networks and a comprehensive ecosystem of enabling technologies for the vehicles that operate on them. The firm has established a battery exchange network in a pilot market in Taiwan using the smart Swap & Go battery system it developed. The Company’s comprehensive solution is built on an integrated technology platform that spans smart batteries specifically designed for swapping and connected battery swapping stations; cloud-based network software and battery management systems; design, engineering, and manufacturing of smartscooter ePTWs; ePTW powertrains, smart components, and Original Equipment Manufacturer (OEM) developer kits; AI-Driven operating system and consumer app with network connectivity.
Record EBITDA: Adjusted EBITDA reached a record $59.9 million in 2025, up from $44.7 million in 2024, showing improved operational efficiency.
Revenue Decline: Full-year revenue was $281.5 million, a 9.4% decrease year-over-year, mainly due to a shrinking Taiwan scooter market and a strategic focus away from volume.
Margin Expansion: Gross margin for the year improved sharply to 8.3% from 2.6% in 2024, and Q4 gross margin hit 14.3%, up from 7.4%.
Cash Flow & Liquidity: Operating cash inflow more than tripled year-over-year to $31.1 million; year-end cash stood at $70.6 million, with an $80 million equity commitment secured for 2026.
Guidance for 2026: Revenue is expected between $285 million and $305 million, most from Taiwan, with battery swapping business targeted to reach profitability in 2026.
Cost Discipline: OpEx was reduced by $51.9 million in 2025 (including onetime items), but similar savings are not expected in 2026.
Strategic Focus: The company emphasizes financial discipline, premium product focus, and leveraging operational improvements, with no plans to chase empty volume growth.