LiveWire Group Inc. Reports 18% Improvement in Net Loss Despite 72% Drop in Motorcycle Sales for Q1 2025
LiveWire Group, Inc. reported a consolidated operating loss of $20.7 million for Q1 2025, an improvement from $30.4 million in Q1 2024, marking a 32% reduction. The net loss decreased by 18% to $19.3 million, down from $23.6 million. This reduction was attributed to a $7.8 million cut in expenses due to cost-streamlining initiatives. The company also expanded into four new countries and launched new products, including the LiveWire S2 Alpinista and a pedal-assist STACYC product.
LiveWire Group, Inc. reported its financial results for the first quarter of 2025, showing a consolidated operating loss of $20.7 million, an improvement from the $30.4 million loss recorded in the same period of 2024, marking a 32% reduction. The company’s net loss for the quarter was $19.3 million, down from $23.6 million in the previous year, an 18% decrease. The reduction in losses was driven by a decrease in selling, administrative, and engineering expenses, which were cut by $7.8 million due to cost-streamlining initiatives implemented in the latter half of 2024. Additionally, net cash used during the quarter decreased by $8.7 million, also reflecting a 32% reduction compared to the first quarter of 2024. The company expanded its market presence by entering four new countries: Poland, Portugal, Finland, and Belgium. LiveWire also introduced the LiveWire S2 Alpinista globally and launched its first pedal-assist STACYC product for teens and adults. 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. LiveWire Group Inc. 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: 0001898795-25-000098), on May 01, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here
