2025年一季度移动技术公开报表和估值指南（英）2025

EMERGING TECH RESEARCH Mobility Tech PublicComp Sheet andValuation Guide PitchBook Data, Inc. Key takeaways Nizar TarhuniExecutive Vice President of Researchand Market Intelligence Paul CondraGlobal Head of Private Markets Research •Shares of mobility-tech-related public companies were generally weak in the first quarter. James UlanDirector of EmergingTechnology Research •Tesla shares were among the most dramatic declines, falling 36% in the quarter on weaker 2024 sales. The 1.1% drop in salesmarked the company’s first decline in annual sales in a decade. Brand backlash and a stale product lineup were key factors in thesales shortfall. Institutional Research Group Analysis Jonathan GeurkinkSenior Research Analyst, Mobility Techand Supply Chain Techjonathan.geurkink@pitchbook.com •Shares of other electric vehicle makers and charging services saw similar declines as the new US presidential administrationlooked to withdraw subsidies and support for the electric vehicle industry. pbinstitutionalresearch@pitchbook.comPublished on April 23, 2025 Contents •Auto-commerce-related shares declined as concerns about consumer health increased. Delinquencies for auto loans remainedelevated in the quarter, with stress particularly evident among subprime borrowers. Key takeaways2Stock returns3Revenue4EBITDA6 •On the positive side, shares of ride-hailing companies outperformed the market, led by Uber shares, which enjoyed a 21% gain. •Shares of Chinese micromobility makers rose sharply in an overall volatile quarter. The PitchBook mobility tech comp sheet was constructed with the PitchBook Excel plugin utilizing both PitchBook and Morningstar data.The tool allows subscribers to pull financial data and company information into Excel for over 100,000 public companies across the USand the world, as well as PitchBook’s proprietary data on over 4 million private companies. PitchBook clients can accessthefull Excel data packfor thisreport via the Details tab in thedocument viewer. Stock returns Revenue Revenue EBITDA EBITDA ©2025 by PitchBook Data, Inc. All rights reserved. No part of this publication may be reproduced in any form or by any means—graphic, electronic, or mechanical,including photocopying, recording, taping, and information storage and retrieval systems—without the express written permission of PitchBook Data, Inc. Contents arebased on information from sources believed to be reliable, but accuracy and completeness cannot be guaranteed.Nothingherein should be construed as any past, currentor future recommendation to buy or sell any security or an offer to sell, or a solicitation of an offer to buy any security. This material does not purport to contain all of theinformation that a prospective investor may wish to consider and is not to be relied upon as such or used in substitution for the exercise of independent judgment.