Sono Group N.V. Financials

SSM

Source SEC Filings (10-K/10-Q) Updated Mar 31, 2026 Currency USD FYE December

This page shows Sono Group N.V. (SSM) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI SSM FY2026 2026-06-19

Operations are being financed externally because cash burn dwarfs the asset base and the balance sheet already carries negative equity.

Operating loss of -$7.7M and operating cash outflow of -$7.3M are nearly the same, so the deficit is not mainly a non-cash accounting effect. With only cash of $243K against total liabilities of $1.8M, the business appears to rely on fresh funding or creditor support rather than liquidity generated by operations.

Total liabilities of $1.8M exceed total assets of $1.7M, leaving equity at -$126K. That matters because past losses have already consumed the normal asset cushion that usually protects lenders and shareholders, leaving very little balance-sheet slack.

Annual operating loss of -$7.7M is more than 4x total assets of $1.7M, which points to a business with a very small asset base but meaningful ongoing overhead. In practical terms, this is not a capital-rich operation waiting to be utilized better; it is a thin balance sheet carrying costs that still require outside support.

Key Financial Metrics

Export CSV

Earnings & Revenue

Revenue

N/A

EBITDA

N/A

Net Income

N/A

EPS (Diluted)

N/A

Cash & Balance Sheet

Free Cash Flow

N/A

Cash & Debt

$243K

Sono Group N.V. held $243K in cash against $0 in long-term debt as of fiscal year 2026.

Dividends Per Share

N/A

Shares Outstanding

N/A

Margins & Returns

Gross Margin

N/A

Operating Margin

N/A

Net Margin

N/A

Return on Equity

N/A

Capital Allocation

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

N/A

SSM Income Statement

Metric	FY26
Revenue	N/A
Cost of Revenue	N/A
Gross Profit	N/A
R&D Expenses	N/A
SG&A Expenses	N/A
Operating Income	-$7.7M
Interest Expense	N/A
Income Tax	N/A
Net Income	N/A
EPS (Diluted)	N/A

Metric	Q1'26	Q4'25	Q1'25
Revenue	N/A	N/A	N/A
Cost of Revenue	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A
SG&A Expenses	$1.2M	N/A	$1.0M
Operating Income	-$1.5M	N/A	-$1.0M
Interest Expense	$113K	N/A	N/A
Income Tax	$0	N/A	$0
Net Income	-$2.0M	N/A	$7.8M
EPS (Diluted)	$-1.38	N/A	$0.75

SSM Balance Sheet

Metric	FY26
Total Assets	$1.7M
Current Assets	N/A
Cash & Equivalents	$243K
Inventory	N/A
Accounts Receivable	N/A
Goodwill	N/A
Total Liabilities	$1.8M
Current Liabilities	N/A
Long-Term Debt	N/A
Total Equity	-$126K
Retained Earnings	-$333.4M

Metric	Q1'26	Q4'25	Q1'25
Total Assets	$6.0M+261.3%	$1.7M	N/A
Current Assets	N/A	N/A	N/A
Cash & Equivalents	$237K-2.5%	$243K-71.9%	$865K
Inventory	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A
Goodwill	N/A	N/A	N/A
Total Liabilities	$6.5M+262.6%	$1.8M	N/A
Current Liabilities	N/A	N/A	N/A
Long-Term Debt	N/A	N/A	N/A
Total Equity	-$478K-279.4%	-$126K+99.2%	-$16.2M
Retained Earnings	-$335.4M-0.6%	-$333.4M	N/A

SSM Cash Flow Statement

Metric	FY26
Operating Cash Flow	-$7.3M
Capital Expenditures	N/A
Free Cash Flow	N/A
Investing Cash Flow	N/A
Financing Cash Flow	N/A
Dividends Paid	N/A
Share Buybacks	N/A

Metric	Q1'26	Q4'25	Q1'25
Operating Cash Flow	-$1.4M	N/A	-$2.6M
Capital Expenditures	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A
Investing Cash Flow	-$5.0M	N/A	$0
Financing Cash Flow	$6.3M	N/A	$2.0M
Dividends Paid	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A

SSM Financial Ratios

Metric	FY26
Gross Margin	N/A
Operating Margin	N/A
Net Margin	N/A
Return on Equity	N/A
Return on Assets	N/A
Current Ratio	N/A
Debt-to-Equity	-14.26
FCF Margin	N/A

Metric	Q1'26	Q4'25	Q1'25
Gross Margin	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A
Net Margin	N/A	N/A	N/A
Return on Equity	N/A	N/A	N/A
Return on Assets	-33.4%	N/A	N/A
Current Ratio	N/A	N/A	N/A
Debt-to-Equity	-13.63+0.6	-14.26	N/A
FCF Margin	N/A	N/A	N/A

Note: Shareholder equity is negative (-$126K), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.

Similar Companies

Fly-E Group Inc FLYE

$3.3M

Envirotech Vehicles Inc EVTV

$18.7M

Workhorse Group WKHS

$30.8M

LOBO LOBO

$9.7M

ELMS

$23.4M

Frequently Asked Questions

What is Sono Group N.V.'s operating cash flow?

Sono Group N.V. (SSM) generated -$7.3M in operating cash flow during fiscal year 2026, representing cash generated from core business activities.

What are Sono Group N.V.'s total assets?

Sono Group N.V. (SSM) had $1.7M in total assets as of fiscal year 2026, including both current and long-term assets.

What is Sono Group N.V.'s debt-to-equity ratio?

Sono Group N.V. (SSM) had a debt-to-equity ratio of -14.26 as of fiscal year 2026, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Sono Group N.V.'s cash runway?

Based on fiscal year 2026 data, Sono Group N.V. (SSM) had $243K in cash against an annual operating cash burn of $7.3M. This gives an estimated cash runway of approximately 0 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.

Why is Sono Group N.V.'s debt-to-equity ratio negative or unusual?

Sono Group N.V. (SSM) has negative shareholder equity of -$126K as of fiscal year 2026, which causes the debt-to-equity ratio to appear negative or not meaningful. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.