Wallbox Q4 Sales $31.30M, Up 165% YoY

Fourth Quarter 2021 Highlights: Generated record revenues of approximately $31.3 million, an increase of 165% compared to the fourth quarter of 20201 Achieved gross margins

Fourth Quarter 2021 Highlights:

  • Generated record revenues of approximately $31.3 million, an increase of 165% compared to the fourth quarter of 20201
  • Achieved gross margins of 36.7%2
  • Sold approximately 44,000 chargers, an increase of 128% compared to the fourth quarter of 2020
  • Completed business combination with Kensington Capital Acquisition Corp. II, becoming the first Spanish technology company listed on the NYSE
  • Began production at a new 121,000 square foot state-of-the-art manufacturing facility in Barcelona, Spain
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