Turbo Energy, S.A. American Depositary Shares
- Open
- 1.13
- Day high
- 1.19
- Day low
- 1.12
- Prev close
- 1.14
- Volume
- 30K
- Mkt cap
- $15M
- P/E (TTM)
- —
- EPS (TTM)
- —
- P/B
- —
- P/S
- 0.3
- Yield
- —
- Per share
- —
- ▲Insiders net buying $10K over the last 3 months (3 open-market buys, 2 sales)
- ◆Cluster buying — multiple insiders bought within days
- 🏛Institutions reducing (13F)
Turbo Energy, S.A. American Depositary Shares (TURB) is a Energy company listed on NASDAQ. The stock is down 50% over the past year. Over the trailing 3 months, insiders filed 3 open-market buys and 2 sales (SEC Form 4).
Turbo Energy, S.A. American Depositary Shares (TURB) financials & analyst ratings
Fundamentals (TTM)
Source: exchange market data + company filings. Figures are trailing-twelve-month or as most recently reported. For informational purposes only — not investment advice.
TURB insider trading activity (SEC Form 4)
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| Jul 6, 2026 | Canavate Marti Emiliodirector | Buy | 1,000 | $1.31 |
| Jul 6, 2026 | Bellvis Enrique Selvadirector, 10 percent owner, officer: Chairman of the Board | Buy | 9,500 | $1.09 |
| Jul 6, 2026 | Soria Herandez Marianodirector, officer: CEO, Interim CFO, GM & Dir. | Buy | 4,300 | $1.16 |
| Jul 6, 2026 | Soria Herandez Marianodirector, officer: CEO, Interim CFO, GM & Dir. | Sell | 2,878 | $1.61 |
| Jul 6, 2026 | Soria Herandez Marianodirector, officer: CEO, Interim CFO, GM & Dir. | Sell | 1,422 | $1.64 |
Source: TURB SEC Form 4 filings, latest Jul 6, 2026. For informational purposes only — not investment advice.
See the full TURB insider & 13F page →Turbo Energy, S.A. American Depositary Shares company profile
Overview
Turbo Energy, S.A. (NASDAQ:TURB) is a Spanish renewable energy equipment company founded in 2013 and headquartered in Valencia, Spain. The company operates as a subsidiary of Umbrella Solar Investment, S.A. and has expanded its operations across Spain, Europe, and international markets. Turbo Energy specializes in designing, developing, and distributing comprehensive solutions for photovoltaic energy systems, including generation, management, and storage equipment. The company has grown from its initial focus on solar equipment distribution to become an integrated provider of renewable energy solutions, though it has faced significant financial challenges in recent years with mounting losses and cash flow pressures.
Business
Turbo Energy operates in the rapidly growing solar photovoltaic (PV) industry, which converts sunlight directly into electricity using semiconductor materials. The company's business spans two primary segments that together form a comprehensive solar energy ecosystem. The first segment focuses on proprietary technology development and manufacturing. Turbo Energy produces lithium-ion batteries for energy storage, which allow solar installations to store excess power generated during sunny periods for use during nighttime or cloudy conditions. The company also manufactures inverters, critical devices that convert the direct current (DC) electricity produced by solar panels into alternating current (AC) electricity that can be used by homes and businesses or fed into the electrical grid. Most notably, Turbo Energy has developed Sunbox, an artificial intelligence-based software system that monitors and optimizes the generation, consumption, and management of photovoltaic energy installations in real-time. The second segment involves the acquisition, distribution, and sale of electrical and electronic materials essential for renewable energy projects. This includes solar panels (the photovoltaic modules that capture sunlight), additional inverters from third-party manufacturers, battery chargers, voltage regulators, batteries from various suppliers, and mounting structures that secure solar installations. This distribution business allows Turbo Energy to offer complete turnkey solutions to customers developing solar projects, from residential rooftop installations to large commercial and utility-scale solar farms. While specific revenue breakdowns by segment are not disclosed, the company's financial statements suggest the distribution business likely represents the majority of revenues given the substantial product sales figures, while the proprietary technology segment appears to be in earlier development stages.
Revenue model
Turbo Energy generates revenue through multiple complementary business models centered around the solar energy value chain. The primary revenue stream comes from product sales of both proprietary equipment and third-party distributed components. The company sells its manufactured lithium-ion batteries, inverters, and Sunbox AI software systems directly to solar installers, project developers, and end customers. Simultaneously, it operates as a distributor of solar panels, electrical components, and mounting hardware sourced from various manufacturers, earning margins on these resold products. The company's customers include solar installation companies, renewable energy project developers, commercial and industrial end-users seeking energy independence, and residential customers installing rooftop solar systems. Revenue is typically recognized upon product delivery, creating a transactional business model rather than recurring subscription revenues. Several factors significantly impact Turbo Energy's profitability margins. Favorable factors include growing global demand for renewable energy driven by climate policies and declining solar costs, government incentives and subsidies for solar installations across European markets, and increasing corporate adoption of renewable energy for sustainability goals. The company's proprietary AI software platform potentially commands higher margins than commodity hardware distribution. Challenging factors include intense price competition in solar equipment markets as the industry commoditizes, volatile raw material costs particularly for lithium and other battery components, supply chain disruptions affecting component availability and shipping costs, and currency fluctuations given the company's international operations. Additionally, the solar industry faces cyclical demand patterns influenced by policy changes, economic conditions, and seasonal installation patterns that can create revenue volatility and margin pressure during slower periods.
Competitive moat
Turbo Energy's competitive moat appears relatively narrow in the highly competitive solar equipment industry. The company's strongest potential differentiator is its Sunbox AI software platform, which provides intelligent monitoring and optimization of solar installations. If this technology delivers measurably superior performance optimization compared to competitors, it could create switching costs and customer loyalty that justify premium pricing. However, the moat faces several significant challenges. The solar equipment distribution business operates in a largely commoditized market where customers primarily compete on price and availability, offering limited differentiation opportunities. While Turbo Energy manufactures its own batteries and inverters, these are mature technologies with numerous established competitors ranging from large multinational corporations to specialized manufacturers, many with greater scale and R&D resources. The company's small size and limited financial resources constrain its ability to invest heavily in research and development to maintain technological leadership. Major competitors include well-capitalized companies like Tesla Energy, Enphase Energy, and SolarEdge in energy storage and power electronics, as well as large Chinese manufacturers that can achieve significant cost advantages through scale. Geographic expansion provides some protection through local market knowledge and relationships, but this advantage diminishes as international competitors establish local presence. The AI software component offers the most promising moat potential, but software advantages can be replicated more easily than hardware innovations, and larger technology companies could potentially develop competing solutions with greater resources. Overall, Turbo Energy operates in a competitive landscape where sustainable differentiation requires continuous innovation and significant capital investment.
Risks & safety
Turbo Energy presents significant financial risks with a narrow margin of safety based on current metrics. **Cash and Solvency Concerns:** • Cash position of €2.6 million against €10.1 million in current liabilities creates immediate liquidity pressure • Current ratio of 0.93 indicates difficulty meeting short-term obligations • Negative free cash flow of €73,000 in 2024 following negative €385,000 in 2023 • Debt-to-equity ratio of 2.01 reflects high leverage and financial stress **Valuation Metrics:** • Market cap of approximately $5 million suggests significant distress pricing • Negative EBITDA of €4.4 million in 2024 worsening from €2.8 million loss in 2023 • Price-to-book ratio of 1.75 appears elevated given negative earnings and cash flow • Enterprise value to EBITDA multiple is negative due to losses **Other Considerations:** • Revenue declined from €14 million in 2023 to €10.3 million in 2024, indicating business contraction • Consistent operating losses over multiple years raise going concern questions • Small company size limits access to capital markets for refinancing
Recent development
Based on available financial data, Turbo Energy has undergone significant strategic and operational changes over recent years, though specific strategic initiatives are not detailed in earnings transcripts. The company appears to have shifted from a higher-revenue distribution-focused model in 2022, when it generated €33.4 million in revenue with positive profitability, to a more technology-focused approach emphasizing proprietary products. The most significant development has been the substantial revenue decline from the peak of €33.4 million in 2022 to €10.3 million in 2024, suggesting either a strategic pivot away from lower-margin distribution activities or significant market challenges. This transition has coincided with mounting losses, indicating the company may be investing heavily in developing its proprietary Sunbox AI platform and manufacturing capabilities while scaling back commodity distribution activities. The company's balance sheet transformation reflects this strategic shift, with total assets declining from €16.3 million in 2022 to €13.9 million in 2024, while the debt structure has evolved significantly. The development of artificial intelligence capabilities through the Sunbox platform represents the company's primary technological advancement, positioning it to offer more sophisticated energy management solutions rather than competing solely on hardware distribution. However, the execution of this strategic pivot has created substantial financial strain, with the company burning through cash reserves and accumulating losses while attempting to establish its technology-driven business model in the competitive renewable energy market.
TURB company profile · for informational purposes only — not investment advice.
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