HWA AG Completes Fiscal Year 2025 in Line with Expectations
Apr 21, 2026

The negative result for the past year was primarily driven by the in-house development of the HWA EVO super sports car. During the reporting period, operating cash flow increased significantly to EUR 16.5 million, compared to EUR 1.6 million in the previous year. Cash flow from investing activities amounted to EUR -19.1 million, compared to EUR -7.5 million in the prior year.
The company will publish its audited annual and consolidated financial statements for 2025 in May 2026.
The mandate of CEO Martin Marx has been extended by a further three years until October 2029.
Martin Marx, CEO of HWA AG, commented:
"The past few years have been challenging for the company, particularly due to the necessary transformation of our business model. The year 2026 will be defined by increased independence, a steadily growing customer base, and the continued expansion of the development and sales of our own vehicles, such as the HWA EVO. HWA AG is well positioned to establish itself in the long term both as a 360-degree engineering service provider and as a manufacturer of super sports cars. For 2026, HWA AG is targeting a return to profitability. I look to our future with confidence."
Contact:
Investor Relations
HWA AG
Marc Schimmelpfennig
Benzstraße 8
71563 Affalterbach
Germany
Phone: +49 (0) 7144 8717-279
Fax: +49 (0) 7144 8718-111
E-mail: ir@hwaag.com
Company Profile – HWA AG
HWA AG is an independent 360-degree engineering specialist in the fields of motorsport and high-performance vehicles. Founded in 1998 by Hans Werner Aufrecht, the company is headquartered in Affalterbach, Germany, and employs more than 250 highly qualified professionals.
All products and services of HWA AG are guided by the principle ENGINEERING SPEED. The company’s mission is to develop the highest-quality and most effective solutions to help its partners and customers achieve their goals faster. HWA AG’s service portfolio ranges from the design and engineering of individual vehicle components to the development and production of complete vehicles, complemented by logistics, aftersales, and support services.