OIO Group Eyes Growth in Ultra-Luxury Automotive Sector

OIO Group, previously known as ESGL Holdings Ltd., has marked its entry into the ultra-luxury automotive sector by acquiring De Tomaso in April 2026. The group targets significant growth through its hypercar business in a market projected to expand by 14% according to reports from McKinsey & Company and Oliver Wyman. This strategic move follows a year marked by a downturn in the recycling sector, which saw revenues fall to USD 5.83 million and a net loss of USD 4.76 million.

The focus is now on De Tomaso's limited-edition models, such as the P72 and P900, to drive revenue. The first deliveries are expected by late 2026, with production peaking in the following years. The group's revenue growth is supported by anticipated sales increases, leading to a forecasted revenue of USD 402.05 million by 2030.

A promising outlook shows a projected EBITDA improvement to USD 197.62 million by 2030, indicating strong operational strides with profit margins surging to 49.2%. GBC AG has set a "BUY" recommendation, highlighting an upside potential of 125.4% with a target price of USD 4.44 per share.