Leapmotor
An innovative smart electric vehicle company.
Launch date
Employees
Market cap
$3.7b
Enterprise valuation
$2.0b (Public information from Sep 2024)
Share price
HKD23.55 9863.HK
Hangzhou Zhejiang (HQ)
Financials
Estimates*
| CNY | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Revenues | 631m | 3.1b | 12.4b | 16.7b | 28.0b | 51.4b | 69.6b |
| % growth | 440 % | 396 % | 295 % | 35 % | 67 % | 84 % | 35 % |
| EBITDA | (708m) | (2.6b) | (4.7b) | (3.6b) | (3.3b) | (419m) | 2.9b |
| % EBITDA margin | (112 %) | (83 %) | (38 %) | (21 %) | (12 %) | (1 %) | 4 % |
| Profit | (1.1b) | (2.8b) | (5.1b) | (4.2b) | (3.8b) | (1.7b) | 486m |
| % profit margin | (174 %) | (91 %) | (41 %) | (25 %) | (14 %) | (3 %) | 1 % |
| EV / revenue | - | - | 1.9x | 1.9x | 0.5x | 0.2x | -0.1x |
| EV / EBITDA | - | - | -5.0x | -8.7x | -3.8x | -19.6x | -3.1x |
| R&D budget | 289m | 740m | 1.4b | 1.9b | - | - | - |
| R&D % of revenue | 46 % | 24 % | 11 % | 11 % | - | - | - |
Source: Dealroom estimates
| Date | Investors | Amount | Round |
|---|---|---|---|
$61.9m | Seed | ||
$387m | Series A | ||
| N/A | $55.7m Valuation: $1.0b | Series A | |
$664m | Series B | ||
* | N/A | N/A | IPO |
* | $1.0b | Post IPO Equity | |
* | $84.3m | Post IPO Equity | |
| Total Funding | $1.2b | ||
