Cenntro FY25 net loss widens to USD 73 million; net revenues fall 42.2% to USD 18.1 million

• Cenntro posted a net loss of USD 73 million for fiscal 2025, widening from USD 44.9 million a year earlier.
• Net revenues fell 42.2% to USD 18.1 million.
• Gross margin dropped 37.1 percentage points to negative 12.8%.
• Cash and cash equivalents slid to about USD 4.5 million from about USD 12.5 million as net cash used in operating activities narrowed to USD 12.6 million from USD 21.4 million.
• Management expects cash and cash equivalents to be sufficient to execute its business strategy over the 12 months following issuance of the 10-K, including continued rollout of new ECV models in North America and Europe plus expansion of U.S. distribution channels.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cenntro Inc. (The Corporation) published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001140361-26-014773), on April 15, 2026, and is solely responsible for the information contained therein.