Develops solar energy storage systems for homes and businesses.
Dec 2024Revenue €9.64M/yrExpenses €13.6M/yr
Fell below break-even May 2023
Figures by year
When will Turbo Energy be profitable again?
Its expenses passed its revenue in May 2023. In the 12 months to Dec 2024, revenue was €9.64M and expenses €13.6M.
| Fiscal year to | Revenue | Expenses | Operating profit |
|---|---|---|---|
| Dec 2024 | €9.64M | €13.6M | −€3.97M |
| Dec 2023 | €13.1M | €15.8M | −€2.64M |
| Dec 2022 | €31.1M | €29.5M | €1.67M |
| Dec 2021 | €17.2M | €16.7M | €477K |
When the cash runs out, on the chart. A red line at the date the company’s cash would run out at its latest burn, so you can see whether it gets to break-even first. Part of a subscription.