LiveWire Group holds annual stockholder meeting

On May 14, 2025, LiveWire Group, Inc., a manufacturer of motorcycles and bicycle parts, conducted its 2025 Annual Meeting of Stockholders. The company, currently valued at $241 million, has faced significant challenges, with its stock down over 80% in the past year. According to InvestingPro analysis, the company maintains a strong cash position relative to debt, though it’s currently experiencing rapid cash burn. During the meeting, stockholders voted on several key proposals, including the election of director nominees and the ratification of the company’s independent auditor for the upcoming fiscal year.

The director nominees were elected for a one-year term, with the following results: Jochen Zeitz received 192,332,096 votes in favor, William Cornog had 191,954,493, John Garcia secured 192,530,811, Kjell Gruner got 192,477,055, Glen Koval received 192,327,411, Paul Krause had 191,712,935, Luke Mansfield secured 192,233,203, Hiromichi Mizuno got 192,524,687, and Jonathan Root received 192,233,450 votes in favor. The number of shares withholding authority and broker non-votes were also reported for each nominee.

Additionally, KPMG LLP was ratified as the company’s independent registered public accounting firm for the fiscal year ending December 31, 2025, with 193,287,099 shares voted in favor, 20,031 against, and 11,394 abstentions. InvestingPro data reveals the company’s challenging financial position, with a weak overall Financial Health score and negative EBITDA of -$86.14 million in the last twelve months. Subscribers can access 14 additional key insights about LiveWire’s financial health and future prospects.

LiveWire Group, Inc., formerly known as LW EV Holdings, Inc., is incorporated in Delaware and has its principal executive offices located at 3700 West Juneau Avenue, Milwaukee, Wisconsin. The company’s common stock and warrants are traded on the New York Stock Exchange under the symbols "LVWR" and "LVWR WS," respectively. Currently trading at $1.17, the stock shows high price volatility and trades at a premium to its revenue multiple. Detailed valuation analysis and comprehensive research reports are available through InvestingPro’s premium subscription.

This news is based on a press release statement.

In other recent news, LiveWire Group Inc has reported its Q1 2025 financial results, highlighting a revenue of $2.74 million and an earnings per share (EPS) of -0.09. Despite the negative EPS, the company experienced a notable 4.39% increase in its stock price, indicating a positive market reaction. The company continues to navigate challenges within the electric motorcycle market, with ongoing efforts to reduce operating losses and cash burn. Analysts have not provided specific forward guidance for LiveWire, but strategic initiatives by Harley Davidson, LiveWire’s parent company, are expected to have a positive impact on its future performance.

Further developments include Harley Davidson’s strategic evaluation of its financial services arm, HDFS, with discussions around potential investments to enhance shareholder value. The company has expressed that it does not plan to sell HDFS but is exploring ways to demonstrate its premium valuation. Additionally, Harley Davidson is dealing with macroeconomic uncertainties and tariff impacts, affecting its operations and strategic decisions. The company is actively engaging with various administrations to mitigate these challenges and remains committed to managing its dealer inventory levels.

Overall, LiveWire Group Inc and Harley Davidson are focusing on strategic initiatives and market adaptations to navigate the current economic landscape, with ongoing evaluations of their business segments to optimize performance.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.