ECARX Holdings Inc [Warrants (20/12/2027)]

ECARX posted a strong Q2 as revenue rose 45% year‑over‑year and shipments recovered to ~550,000 units (up 51% sequentially), driving gross margin to 19.8% and a fourth consecutive positive adjusted EBITDA. Management reaffirmed full‑year 2026 revenue guidance of $1.0–1.1 billion and highlighted higher‑value product mix (Antora and Pikes) lifting ASPs. Strategically, ECARX agreed to acquire Flyme for about $266 million, entered a co‑development partnership with TPK on the ORCA LiDAR platform targeting mass production in 2028, and signed a share exchange with Qualcomm Ventures while advancing a Volkswagen program for 2027 launch. » Altro su finance.yahoo.com

Ecarx reported Q2 2026 revenue of USD 225.2 million (+45% year over year) and reduced net loss to USD 12.0 million from USD 45.4 million. Gross margin increased to nearly 19.8% and the company recorded a positive adjusted EBITDA for the fourth consecutive quarter. Management confirmed full-year revenue guidance of USD 1.0–1.1 billion and highlighted lower operating and R&D costs as well as accelerated revenue growth. » Altro su de.investing.com

ECARX has increased the size of its 2025 convertible bonds by supplement from $100 million to $130 million. An existing investor subscribed to an additional $15 million of notes as part of the increase; the bonds were originally issued to refinance 2022 convertibles. The securities have a conversion price of $2.62, mature in 2028, and the increase comes against the backdrop of total debt of about $506 million and a market capitalization of $446 million; the stock is trading well below the conversion price. » Altro su de.investing.com