Electrical bikes will be the future, however most main Western firms nonetheless haven’t found out tips on how to become profitable from them. Not true for Barcelona-based Stark Future although, one of many solely electrical bike makers outdoors of China to have reached profitability.
The corporate burst onto the scene in late 2021, unveiling an electrical grime bike that crushed combustion engine options.
Claimed to be the fastest-growing firm in Spain, Stark rapidly made a reputation for itself with graduation of business gross sales of its Stark VARG MX. And with its success, Stark is doing one thing virtually no different privately owned electrical bike firm has finished: it’s pulling again the veil and opening its books to point out the way it’s finished one thing distinctive within the business by reaching profitability.
Based on the corporate, Stark simply achieved a significant milestone by recording its highest-ever month-to-month income of €18.3 million in April 2025 whereas delivering a optimistic EBITDA of €2.8 million. The information follows Stark first asserting the start of profitability in the midst of 2024.
“This achievement comes barely two years after Stark Future’s first business gross sales, remarkably quicker than incumbent EV leaders, and extra resembling the expansion charges of a few of the world’s most profitable expertise companies in historical past,” defined Anton Wass, CEO of Stark Future. “We now have been steadily approaching this profitability occasion, pushed by the recognition of the off-road VARG MX, however the phenomenal reception of the newly out there Stark VARG EX, the corporate’s groundbreaking street-legal Enduro mannequin, has introduced this landmark event.”
Priced at US $12,990, the street-legal Stark VARG EX has helped enhance the corporate over the road to profitability, all of the whereas providing efficiency that blows away pricier street-legal e-dirtbikes like these as soon as supplied by Cake.
And maybe the Cake comparability is an apt one; one other European electrical bike maker that sadly couldn’t discover Stark’s path to profitability. The corporate’s pricy electrical motorbikes designed for road and grime did not help Cake’s money burn price, resulting in the corporate’s chapter. Italian electrical sportbike maker Energica met an identical destiny final yr. Different main electrical bike makers within the US, reminiscent of Zero and LiveWire, are treading water due to vital monetary backing from their buyers or mum or dad firms, however neither seems near profitability.
That makes Stark Future’s milestone much more spectacular, coming at a time when the remainder of the electrical bike business finds itself slowed down in a steep uphill climb.
The bike business usually lags behind the automotive business, although on this case, comparisons to electrical automobile makers present breaking out to an early lead. For instance, Tesla took over a decade to succeed in sustained profitability, and that was supported largely by the sale of regulatory credit to different automakers. Chinese language electrical large NIO, alternatively, makes use of an identical product-driven income mannequin to Stark however nonetheless took eight years to succeed in profitability.
“By way of deep technical vertical integration and give attention to sourcing, we managed to develop game-changing expertise at aggressive prices, all whereas nonetheless manufacturing in Europe,” Wass continued. “This consequence validates our disciplined strategy and marks an necessary step towards constant profitability.”
Based on the corporate, Stark is now trying past merely off-road and street-legal enduro-style electrical bikes, with some speculating that the corporate may very well be setting its sights on the extra elusive classes of road bikes and sport bikes.
“We’ll proceed to innovate on the part degree and within the larger mannequin vary so electrical bikes in all classes can outperform conventional machines in each method,” mentioned Paul Soucy, Stark Future CTO.
With a rising community of sellers at over 400 retail places around the globe, together with expansions into over 50 nations, and up to date developments for safety and army purposes, Stark definitely seems set to capitalize on its progress and apply its distinctive recipe for fulfillment to a rising lineup of electrical bikes.
