EV Digital Invest AG Faces Uncertain Future Amid Financial Challenges

EV Digital Invest AG, undergoing a review by NuWays AG, reported weak financial results for fiscal year 2024. Sales plummeted to €3.1 million, a drop of 25% year-over-year, primarily from 13 financed projects with an aggregate volume of €22 million, falling short of expectations. High construction and financing costs contribute to this decline. The company's EBITDA stands at a negative €4.8 million, surpassing the anticipated loss, compounded by increased customer claims.

EV Digital Invest AG has nonetheless diversified its offerings, venturing into deposit accounts, renewable projects, and holistic wealth management to mitigate its reliance on the real estate market. However, a strained liquidity situation persists, with recent capital injections insufficient for long-term stability. The risk of insolvency looms without further financial backing.

This precarious position leads to NuWays AG placing EV Digital Invest AG under review, pending improvements in operations or additional capital support.