Wallbox (WBX) Reports Q4 Revenue of $31.3M

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Wallbox Announces Strong Fourth Quarter and Full Year 2021 Financial Results

March 16, 2022 7:00 AM EDT

BARCELONA, Spain--(BUSINESS WIRE)-- Wallbox (NYSE: WBX), a leading provider of electric vehicle (EV) charging and energy management solutions worldwide, today announced its financial results for the fourth quarter and full year ended December 31, 2021. Highlights included:

Full Year 2021 Highlights:

Generated revenues of approximately $86.5 million, an increase of 266% compared to the full year 20201 Achieved gross margin of 38.2%2 Sold 129,000 chargers, an increase of 261% compared to the full year 2020 Delivered its first Supernova public DC charging solutions in Europe, and Sold devices in nearly 100 countries and hired 464... More