Revenue grew by 124% on a year-over-year basis, and we’re really pleased with our gross margin of 41.1%. The team performed very well and once again, exceeded expectations.
market, enabling in-house installation and maintenance solutions for commercial, public and residential charging applications Acquired ARES Electronics, an innovative provider of printed circuit boards, expanding Wallbox’s design and manufacturing capabilities while increasing innovation cycle time and improving its supply chain resilience.Įxecutive CommentaryEnric Asuncion, CEO of Wallbox, said, “It's been a very busy quarter for Wallbox.
Second Quarter 2022 Highlights: Generated record revenues of €39.5 million, an increase of 124% compared to the second quarter of 2021Achieved gross margins of 41.1%Sold almost 64,000 chargers, a 95% increase compared to the second quarter of 2021Announced strategic partnership with Nissan to provide charger and installation services to buyers of its new Ariya EV across the U.S.Acquired COIL Inc., a leading EV charging installer serving the U.S. BARCELONA, SPAIN - AugWallbox (NYSE:WBX), a leading provider of electric vehicle (EV) charging and energy management solutions worldwide, today announced its financial results for the second quarter ended June 30, 2022. BARCELONA, SPAIN - AugWallbox (NYSE:WBX), a leading provider of electric vehicle (EV) charging and energy management solutions worldwide, today announced its financial results for the second quarter ended June 30, 2022.
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