Gogoro Inc Stock Price, News & Analysis

Gogoro (Nasdaq: GGR), a global leader in battery swapping ecosystems for sustainable urban mobility, has scheduled its Q1 2025 earnings release for May 8th, 2025, before market opening.

The company will host an earnings webcast at 8:00 a.m. Eastern Time (8:00 p.m. Taipei Standard Time) on the same day. During this session, Gogoro's management team will discuss:

• Financial results for the quarter ending March 31st, 2025
• Business performance overview
• Future outlook and strategies

Investors and interested parties can access the live webcast through the provided link. An archived version will be available on Gogoro's website for approximately two weeks following the presentation.

Gogoro Inc. (Nasdaq: GGR), a global technology leader in battery swapping ecosystems, has announced its 2025 Annual General Meeting (AGM) scheduled for May 28, 2025, at 9:30 AM Taipei time. The meeting will be held at Building C, No. 225, Sec. 2, Chang'an E. Rd., Songshan Dist., Taipei City, Taiwan.

Shareholders registered as of April 21, 2025 (Eastern Standard Time) will be eligible to receive notice and vote at the AGM. The company has made available the Notice of AGM, Proxy Statement, Proxy Card, and 2024 Annual Report containing audited financial statements on their investor relations website and the SEC website.

Gogoro Inc. (Nasdaq: GGR) reported its Q4 and full-year 2024 financial results, showing mixed performance. Q4 revenue decreased 20.2% year-over-year to $73.0 million, while full-year revenue declined 11.2% to $310.5 million. The company's battery swapping service revenue grew 10.2% to $35.9 million in Q4, with subscriber base increasing 9% to 640,000.

Q4 gross margin fell to -8.1% from 11.6% last year, primarily due to battery upgrade costs. The company reported a Q4 net loss of $71.8 million, compared to $26.7 million loss in the same quarter last year. Full-year net loss increased to $123.2 million from $76.0 million in 2023.

Gogoro implemented significant cost reduction measures in Q4, including structural realignment and facility consolidation, resulting in $34.0 million non-cash impairment charges. The company expects approximately $25 million in savings for 2025 and projects revenue between $295-315 million for 2025, with 95% generated from the Taiwan market.

Gogoro Inc. (Nasdaq: GGR), a global technology leader in battery swapping ecosystems for sustainable mobility solutions, has scheduled its Fourth Quarter and Full Year 2024 financial results announcement for February 13, 2025, before markets open.

The company will host an earnings webcast at 7:00 a.m. Eastern Time (8:00 p.m. Taipei Standard Time) on the same day to discuss financial results, business performance, and outlook. The webcast recording will be available on Gogoro's website for approximately two weeks following the live session.

Gogoro (Nasdaq: GGR) reported Q3 2024 financial results with revenue of $86.9 million, down 5.3% year-over-year. Battery swapping service revenue increased 3.8% to $34.9 million, while hardware sales declined 10.6% to $52.0 million. The company reported a net loss of $18.2 million, compared to $3.1 million loss in Q3 2023. Subscriber base grew 9.6% to over 625,000. Gross margin decreased to 5.4% from 18.3% last year. The company faces challenges including Nasdaq listing compliance notice, CEO resignation, and government inquiry into imported parts. Updated 2024 revenue guidance is between $305-315 million.

Copec and Gogoro Inc. (Nasdaq: GGR) are launching the first two-wheel battery swapping platform and Smartscooters in Santiago, Chile. The initiative begins with 10 battery swapping stations, expanding to 18 by year-end. This collaboration marks Gogoro's second entry into Latin America, following its launch with Terpel in Bogota, Colombia. The Gogoro ecosystem offers a smart, safe, and efficient battery-swapping solution, eliminating the need for dedicated parking or charging wait times. Copec aims to lead the energy transition towards carbon neutrality with this scalable, sustainable solution. The network will be available at Copec service stations in various Santiago boroughs and features a subscription-based model tailored to riders' needs. Gogoro's global network supports 650,000 riders, with over 1.3 million smart batteries in circulation and 650 million battery swaps, saving over one billion kilograms of CO2 since 2015.

Gogoro (Nasdaq: GGR) has received a notification from Nasdaq indicating that for the last 30 consecutive business days, its ordinary shares' closing bid price was below the minimum requirement of $1.00. The company has been granted a 180-day compliance period until April 28, 2025, to meet the minimum bid price requirement. If the closing bid price remains at $1.00 or higher for at least ten consecutive business days during this period, Gogoro will regain compliance. If unsuccessful, the company may be eligible for an additional 180-day period by transferring to the Nasdaq Capital Market, provided it meets other listing requirements.

Gogoro (Nasdaq: GGR), a global technology leader in battery swapping ecosystems for sustainable urban mobility, has scheduled its third quarter 2024 financial results announcement for November 14, 2024, before market opening. The company will host an earnings webcast at 7:00 a.m. Eastern Time on the same day, with a management Q&A session. The webcast recording will be available on the company's website for approximately two weeks after the event.

Gogoro Inc. (Nasdaq: GGR) and Cycle & Carriage are set to launch battery swapping and Smartscooters in Singapore this month. The partnership aims to introduce a new generation of two-wheel urban transportation and refueling, aligning with Singapore's proactive approach to EV adoption and the LTA's TR25 electric vehicle charging standard.

Three Gogoro Smartscooter models will be introduced: Viva Mix (150km range), Premium (170km range), and SuperSport (170km range with enhanced safety features). The Gogoro Network, which has been successful in Taiwan with over 610,000 riders and 1.4 million smart batteries, offers quick and safe electric refueling through its battery swapping stations.

With only 1% of registered two-wheel vehicles in Singapore being electric in 2023, there is significant market potential for growth. Gogoro Smartscooters are priced competitively, comparable to internal combustion engine two-wheel vehicles in the market.