SSM on Nasdaq
Sono Group N.V.
Sono Group N.V. is a finance services company, listed on Nasdaq (SSM).1
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Last updated Oct 21, 2026.
Overview
- 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.4 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
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.65 The company lost money this year.
Financial statements
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Revenue | 0 EUR7 | 0 EUR8 | 16.0K EUR6 | 229.0K EUR6 | 42.0K EUR6 | |
| Cost of revenue | 58.0K EUR6 | 392.0K EUR6 | 70.0K EUR5 | |||
| Gross profit | 0 EUR7 | 0 EUR8 | -42.0K EUR6 | -163.0K EUR6 | -28.0K EUR5 | |
| Research and development | 40.6M EUR6 | 158.5M EUR6 | 16.1M EUR5 | |||
| Selling, general and admin | 3.2M EUR6 | 3.6M EUR6 | 1.1M EUR6 | |||
| Operating expenses | 51.3M EUR5 | |||||
| Operating income | -9.3M EUR7 | -54.0M EUR8 | -59.2M EUR6 | -181.4M EUR6 | -51.8M EUR6 | |
| Interest | 4.8M EUR7 | |||||
| Income before tax | -63.9M EUR6 | -183.7M EUR6 | -53.6M EUR6 | |||
| Income tax | 0 EUR6 | 0 EUR6 | 0 EUR6 | |||
| Net income | -10.0M EUR7 | -56.0M EUR8 | -64.0M EUR6 | -183.7M EUR6 | -53.1M EUR6 | |
| Earnings per share | -0 EUR/shares7 | -1 EUR/shares8 | -1 EUR/shares6 | -2 EUR/shares6 | -0 EUR/shares6 | |
| Earnings per share (diluted) | 0 EUR/shares7 | 1 EUR/shares7 | ||||
| Shares (weighted, basic) | 59.8M shares6 | 83.1M shares6 | 1.4M shares5 | |||
| Shares (weighted, diluted) | 59.8M shares6 | 83.1M shares6 | 1.4M shares5 |
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Cash | 1.5M EUR7 | 407.0K EUR8 | 43.3M EUR6 | 132.9M EUR6 | 30.4M EUR6 | 7.4M EUR6 |
| Inventory | 0 EUR5 | |||||
| Current assets | 142.4M EUR8 | 55.8M EUR6 | 8.9M EUR5 | |||
| Property, plant and equipment | 1.5M EUR6 | 667.0K EUR6 | 0 EUR5 | |||
| Intangible assets | 206.0K EUR6 | 3.0K EUR6 | 0 EUR6 | |||
| Total assets | 53.3M EUR7 | 147.3M EUR8 | 57.5M EUR6 | 8.9M EUR6 | ||
| Accounts payable | 7.9M EUR8 | 11.7M EUR6 | 1.5M EUR6 | |||
| Current liabilities | 12.7M EUR8 | 46.6M EUR6 | 96.6M EUR5 | |||
| Long-term liabilities | 51.1M EUR8 | 54.4M EUR6 | 987.0K EUR6 | |||
| Retained earnings | -147.1M EUR8 | -330.8M EUR6 | -384.3M EUR6 | |||
| Shareholders’ equity | -13.8M EUR7 | -18.6M EUR8 | -5.0M EUR6 | 83.4M EUR6 | -43.5M EUR6 | -85.6M EUR6 |
| Shares outstanding | 70.6M shares7 | 90.9M shares8 | 105.7M shares6 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Cash from operations | -8.8M EUR7 | -1.2M EUR8 | -47.1M EUR6 | -139.6M EUR6 | -11.2M EUR6 | |
| Depreciation and amortization | 574.0K EUR6 | 815.0K EUR6 | 107.0K EUR6 | |||
| Stock-based compensation | -572.0K EUR5 | |||||
| Capital spending | 1.1M EUR7 | 42.0K EUR8 | 1.4M EUR6 | 47.2M EUR6 | 3.8M EUR5 | |
| Free cash flow | -9.9M EUR | -1.2M EUR | -48.6M EUR | -186.8M EUR | -15.0M EUR | |
| Cash from investing | -1.7M EUR6 | -47.2M EUR6 | -11.3M EUR6 | |||
| Cash from financing | 138.6M EUR6 | 83.0M EUR6 | -250.0K EUR6 |
Corporate structure
Sono Group N.V. sits at the top of its group. 3 entities, 2 countries on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of Sono Group N.V.
- 255 Ug Haftungsbeschrankt Bambino V. V. Filed SCHEDULE 13G/A on Sono Group N.V., latest Oct 13, 2026 (3 filings since Jun 14, 2024)
- Alpine Fox Capital LLC Filed SCHEDULE 13D on Sono Group N.V., latest Oct 1, 2026
- Christopher Michael Kelly Filed SCHEDULE 13D on Sono Group N.V., latest Sep 8, 2026
- Anson Funds Management LP Filed SCHEDULE 13G/A on Sono Group N.V., latest Aug 14, 2026 (2 filings since May 15, 2026)
- Mizuho Financial Group Filed SCHEDULE 13G/A on Sono Group N.V., latest Aug 13, 2026 (2 filings since Nov 13, 2025)
- Cantor Filed SCHEDULE 13G on Sono Group N.V., latest Feb 13, 2026
- Jona Johannes Christians Filed SC 13D/A on Sono Group N.V., latest Jun 13, 2024 (4 filings since Feb 14, 2022)
- Laurin Sinan Paul Hahn Filed SC 13D/A on Sono Group N.V., latest Jun 13, 2024 (4 filings since Feb 14, 2022)
- SVSE LLC Filed SC 13D on Sono Group N.V., latest Apr 11, 2024
- Marita Hansen Filed SC 13G/A on Sono Group N.V., latest Jun 23, 2022 (2 filings since May 31, 2022)
- Sono Group N.V. P7
- Sono Group S.à r.l. Subsidiary · Luxembourg
- Sono Motors GmbH Subsidiary · Germany
Built from subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What Sono Group N.V. 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, before depreciation | 176.0K EUR11 Dec 31, 2025 | 180.0K EUR11 Dec 31, 2024 | −2.2% |
| Accumulated depreciation | 82.0K EUR11 Dec 31, 2025 | 51.0K EUR11 Dec 31, 2024 | +60.8% |
| Property and equipment, net | 94.0K EUR11 Dec 31, 2025 | 129.0K EUR11 Dec 31, 2024 | −27.1% |
Inventory
| Item | Latest | A year before | Change |
|---|---|---|---|
| Inventory, total | 329.0K EUR11 Dec 31, 2025 | 304.0K EUR11 Dec 31, 2024 | +8.2% |
Properties, in its own words
Our headquarters are located at Waldmeisterstraße 93, 80935 Munich, Germany. We have leased this 1,455-square meter property for use as an office, workshop, electronics lab and warehouse space for a fixed term until April 30, 2026. Following the expiration, we have the option to extend the term by five years.
In addition, in February 2024 we signed a lease for a 900-square foot property at 10101 Lantana Rd., Suite N, Lake Worth, Florida 33449 for use as an office space. The lease was for a fixed term of one year until February 28, 2025 and it automatically renewed for one year. Pursuant to the terms of the agreement, the Company gave 90 days’ notice in September 2025 and the agreement terminated on December 31, 2025.
Item 2 of the 10-K filed Apr 1, 2026.4
Leadership
Who has led Sono Group N.V., and when. Pick a name to see everywhere that person has worked.
Chief financial officer
- Chief financial officerMartin Scott Calhoun Jan 14, 2025 to Jan 14, 202512
Board members and other officers (3)
- Board memberChristopher C. Schreiber Jan 2, 2025 to Jan 2, 202513
- Board memberDavid A. Dodge Jan 16, 2025 to Jan 16, 202514
- Board memberOwen Arthur May Jan 21, 2025 to Jan 21, 202515
Subsidiaries and ownership
Subsidiaries (Exhibit 21)
- Sono Group S.à r.l. Luxembourg3
- Sono Motors GmbH Germany3
The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.
Timeline
- Aug 31, 20268-K Entered a material agreement; Other events16
- May 8, 20268-K Entered a material agreement; Completed an acquisition or sale; Exit or restructuring costs17
- Mar 19, 20268-K Exit or restructuring costs; Other events18
- Mar 16, 20268-K Entered a material agreement; New debt or obligation; Other events19
- Mar 10, 20268-K Entered a material agreement; Unregistered sale of shares20
- Feb 24, 20268-K Entered a material agreement; Unregistered sale of shares21
- Jan 29, 20268-K Entered a material agreement; Unregistered sale of shares22
- Sep 9, 20258-K Executive or director change; Regulation FD disclosure23
- Sep 5, 20258-K Entered a material agreement; Unregistered sale of shares; Other events24
- Sep 4, 20258-K Other events25
- Sep 3, 20258-K Other events26
- Aug 14, 20258-K Shareholder vote27
Calendar
Coming up
- Nov 18, 2026Reports results for the quarter ending Sep/202628
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
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:
- Oct 13, 2026SCHEDULE 13G/A EDGAR
- Oct 1, 2026SCHEDULE 13D EDGAR
- Sep 10, 2026144 EDGAR
- Sep 8, 2026SCHEDULE 13D EDGAR
- Sep 3, 20264 EDGAR
- Sep 2, 2026425 EDGAR
- Sep 2, 2026424B5 EDGAR
- Aug 31, 20264 EDGAR
- Aug 31, 2026425 EDGAR
- Aug 31, 20268-K EDGAR
- Aug 14, 2026SCHEDULE 13G/A EDGAR
- Aug 14, 202610-Q EDGAR
- Aug 13, 2026SCHEDULE 13G/A EDGAR
- Aug 12, 20264 EDGAR
- Aug 10, 2026144 EDGAR
- Jul 8, 2026SCHEDULE 13G EDGAR
- May 19, 202610-Q EDGAR
- May 15, 2026SCHEDULE 13G EDGAR
- May 15, 2026NT 10-Q EDGAR
- 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.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Sep 1, 2026 | Bambino 255 V V UG haftungsbeschrankt10% owner | Sale | 11,410 | $3.71 | $42.4K | Form 4 |
| Aug 27, 2026 | Bambino 255 V V UG haftungsbeschrankt10% owner | Sale | 4,000 | $2.75 | $11.0K | Form 4 |
| Aug 10, 2026 | Bambino 255 V V UG haftungsbeschrankt10% owner | Sale | 20,091 | $3.24 | $65.1K | 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.
- 255 Ug Haftungsbeschrankt Bambino V. V.SCHEDULE 13G/A, 3 filings Jun 14, 2024 to Oct 13, 202629
- Alpine Fox Capital LLCSCHEDULE 13D, 1 filing Oct 1, 202630
- Christopher Michael KellySCHEDULE 13D, 1 filing Sep 8, 202631
- Anson Funds Management LPSCHEDULE 13G/A, 2 filings May 15, 2026 to Aug 14, 202632
- Mizuho Financial GroupSCHEDULE 13G/A, 2 filings Nov 13, 2025 to Aug 13, 202633
- CantorSCHEDULE 13G, 1 filing Feb 13, 202634
- Jona Johannes ChristiansSC 13D/A, 4 filings Feb 14, 2022 to Jun 13, 202435
- Laurin Sinan Paul HahnSC 13D/A, 4 filings Feb 14, 2022 to Jun 13, 202436
- SVSE LLCSC 13D, 1 filing Apr 11, 202437
- Marita HansenSC 13G/A, 2 filings May 31, 2022 to Jun 23, 202238
SEC filer profile
How Sono Group N.V. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARSono Group N.V.1
- CIK0001840416
- Employer ID (EIN)98-18286324
- Filer statusNon-accelerated filer an emerging growth company; a smaller reporting company; not a shell company4
- Incorporated inNetherlands4
- Fiscal year endsDecember 311
- Industry code (SIC)6199 Finance Services1
- SEC reviewing officeOffice of Crypto Assets, Division of Corporation Finance1
- Business addressWaldmeisterstrasse 93, Munich, 2M 809351
- Phone49-89-452058181
- Shares outstanding1,424,834 Ordinary Shares shares; 40,000 High Voting Shares shares as of Mar 25, 20264
- Public float$7.2M as of Jun 30, 20254
- Auditorauditor, Glastonbury, Connecticut PCAOB ID 606; no auditor attestation of internal control over financial reporting4
- On EDGAR sinceJan 20, 20211
- Filings199 in all: 6-K (65), 8-K (22), CORRESP (10), UPLOAD (8), EFFECT (6), 10-Q (5), 3 (5), DRSLTR (4)1
All 43 form types
NT 10-Q (4), SC 13D (4), SC 13D/A (4), SCHEDULE 13G (4), 20-F (3), 4 (3), 424B3 (3), DEFA14A (3), F-1 (3), SC 13G (3), SCHEDULE 13G/A (3), 10-K (2), 144 (2), 424B4 (2), 425 (2), 6-K/A (2), 8-A12B (2), CERT (2), DRS (2), DRS/A (2), F-1/A (2), NT 10-K (2), NT 20-F (2), SCHEDULE 13D (2), 25-NSE (1), 424B5 (1), 8-K/A (1), DEF 14A (1), F-3 (1), F-3/A (1), POS AM (1), PRE 14A (1), S-3 (1), S-8 (1), SC 13G/A (1)
- Latest filingsAnnual report (10-K) Apr 1, 2026
Quarterly report (10-Q) Aug 14, 2026
Proxy statement (DEF 14A) Jul 24, 2025
Latest 8-K (8-K) Aug 31, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Ordinary Shares | SSM | NASDAQ |
From the cover page of the 10-K filed Apr 1, 2026 (Section 12(b) of the Exchange Act).4
Risk factors and legal proceedings
Legal proceedings
From time to time, we have been and may again become involved in various claims and legal proceedings that arise in the ordinary course of our business. We are currently not a party to any material legal proceedings.
Regardless of the outcome, litigation can have an adverse effect on us because of defense and settlement costs, diversion of management resources and other factors.
The opening of Item 3, Legal Proceedings.4
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1SEC EDGARSono Group N.V. filings on SEC EDGAR
- 2SEC EDGARSono Group N.V. filings on SEC EDGAR
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- 5SEC EDGARSono Group N.V. 10-K for fiscal 2023
- 6SEC EDGARSono Group N.V. 10-K for fiscal 2023
- 7SEC EDGARSono Group N.V. 10-K for fiscal 2019
- 8SEC EDGARSono Group N.V. 10-K for fiscal 2020
- 9SEC EDGARSono Group N.V. 10-Q for fiscal 2026
- 10SEC EDGARSono Group N.V. 10-Q for fiscal 2026
- 11SEC EDGARSono Group N.V. 10-K for fiscal 2025
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- 14SEC EDGARDavid A. Dodge, Board member
- 15SEC EDGAROwen Arthur May, Board member
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- 25SEC EDGAROther events
- 26SEC EDGAROther events
- 27SEC EDGARShareholder vote
- 28NasdaqNasdaq calendar
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- 37SEC EDGARSVSE LLC SC 13D on Sono Group N.V.
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