Delisting riskPopularity #4,275
SSM · NASDAQ · Auto - Manufacturers

Sono Group (SSM)

Holds Bitcoin and writes covered calls as a digital-asset treasury strategy.

$1.29
vs last close−0.02 (−1.15%)
Loading prices…

Sono Group N.V.SSM
Consumer Discretionary

Acquires and holds Bitcoin, then writes covered call options to generate premiums recorded as digital-asset treasury income or loss. The lean holding company has no customer-facing products or continuing solar revenue after divesting its former solar subsidiary.

Holds Bitcoin as its primary treasury reserve asset and writes covered Bitcoin call options, receiving premiums while retaining only limited exposure above the calls’ strike terms. The resulting gains, losses, premiums, settlements, and derivative remeasurements are recognized as digital-asset treasury income or loss rather than customer revenue.

Operates as a Netherlands-incorporated holding company with its principal executive office in Florida and no current customer-facing products after the sale of the former solar subsidiary. Its two executive officers provide services through consulting arrangements.

Executes digital-asset transactions through Blockchain.com under an ISDA framework governed by English and Welsh law. Performance depends on Bitcoin fair-value movements and cash flows from the treasury strategy; it has no continuing solar-technology revenue.

Company facts

CEOKevin J. McGurn
ListedSep 5, 2025
ExchangeNASDAQ
HeadquartersLand O' Lakes, FL
CountryGermany
Employees15
CIK0001840416
ISINNL0015002AM0

Market cap$1.9M
EPS (ttm)−$6.88
P/E (ttm)−0.1904
ROE-1,007.8%
P/B
P/S6.15
Dividend yieldDiv yield
Beta0.31vs XLY −0.54

No analyst consensus on record.

Next report
Nov 18, 26
in 57 days
EPS estimate
Revenue estimate
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Apr '25May '25Aug '25Nov '25Apr '26May '26Aug '26Nov '26
Reported$5.94$6.10−$0.64−$1.11−$0.26−$0.68−$1.59Pending
Estimate−$3.25−$1.77−$0.88
Surprise+287.9%+63.8%−26.1%

RevenueReportedEstimate

Apr '25May '25Aug '25Nov '25Apr '26May '26Aug '26Nov '26
Reported$26.0K$25.0K$49.0K$56.4M$200.3KPending
Estimate$15.1M$25.4K$37.8M$48.5M$48.5M
Surprise−99.8%−1.7%−99.9%+16.2%−99.6%
Estimate
ReportedDue Nov 18, 2026
Estimate
ReportedDue Nov 18, 2026
View details

Current ratio2.90%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$0$0$29.7K$28.6K$47.8K$54.9K$199.0K$0
Net income−$4.8M$9.8M$10.1M−$928.5K−$1.4M−$3.0M−$2.0M−$2.6M
Net margin33,988.8%0.0%0.0%0.0%0.0%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income−$2.4M−$1.4M−$2.1M−$2.0M−$1.5M−$2.9M−$1.2M−$2.0M
YoY growthLoss narrowedLoss narrowedTurned lossLoss widenedLoss narrowedLoss widenedLoss narrowedLoss narrowed

Balance sheet, Jun 30, 2026Cash & short-term investments $166.0K · Total debt $5.7M · Total assets $5.0M · Shareholders' equity

Revenue
$0
Operating income
−$2.0M
Net income
−$2.6M

Reported in EUR, converted at the latest exchange rate

View details

No dividends on record.

Insiders10.18%145.0K shares
2 holders · as of Sep 3, 2026
Other89.82%1.28M shares
remainder

1.42M company shares as of Sep 22, 2026 · holders as of their latest filing

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
255 V. V. UG haftungsbeschrankt BambinoInsider10 percent owner
9.96%141,916filed Sep 3, 2026
Anson Funds Management LPInstitution
7.00%99,787filed May 15, 2026
Mizuho Financial Group, Inc.Institution
6.83%97,300filed Nov 13, 2025
George O'LearyInsider10 percent owner, officer: CEO, Managing Director
0.22%3,077filed Jan 2, 2025
Bambino 255. V V UG (haftungsbeschränkt)Insider
12.24% of class, as filedfiled Jun 14, 2024

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Sep 1, 2026255 V. V. UG haftungsbeschrankt Bambino10 percent owner−11,410$3.71
Aug 27, 2026255 V. V. UG haftungsbeschrankt Bambino10 percent owner−4,000$2.75
Aug 10, 2026255 V. V. UG haftungsbeschrankt Bambino10 percent owner−20,091$3.24
View details

  • Strategy

    Largest listed Bitcoin-treasury vehicle for investor capital and BTC exposure.

  • Twenty One Capital

    Bitcoin-native public vehicle with scale in treasury accumulation.

  • Strive

    Bitcoin-treasury and preferred-equity vehicle targeting BTC outperformance.

  • Nakamoto

    Bitcoin-native treasury platform competing for equity capital.

  • DDC Enterprise

    Bitcoin-treasury alternative for small-cap investor attention.

Compare

CompanyPriceChange
Sono Group$1.29−1.15%$1.9M6.1+670.3%
Strategy$168.84+0.20%$55.74B5.1111.9+6.9%
Twenty One Capital$6.610.00%$68.1M
Strive$30.08−0.82%$3.03B6.1346.1+1,370.5%
Nakamoto$9.99−0.60%$174.9M4.4+8,867.3%
DDC Enterprise$0.2269+4.56%$5.2M
Median5.6111.9+1,370.5%