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Scage Future

ir.scagefd.com

What Do They Do?

Sells heavy-duty commercial trucks and components, including electric, hybrid and hydrogen-powered models, to mining, logistics and port transportation customers.

How Do They Make Money?

revenue
SegmentShareRevenue
Sales of NEVs and components
98%
Provision of vehicle modification services
1.4%
Leasing of NEVs
0.2%
Others
0.2%

Who Are Their Customers?

It sells trucks mainly through its in-house sales team to mining and logistics operators, industrial and technology companies, and specialty-vehicle users. It also customizes vehicles with industrial enterprises and develops relationships with smaller businesses in selected provinces.

Do Revenues Turn Into Profits?

No. It lost $12.9M in FY2025.

Operating income, FY2025
−121% of revenue
▲ +128% (Loss) vs FY2024 (−$5.9M, −96%)
Net income, FY2025
−116% of revenue
▲ +123% (Loss) vs FY2024 (−$5.8M, −95%)
Free cash flow, FY2025
−53% of revenue
▼ −6% (Loss) vs FY2024 (−$6.3M, −103%)

How Are They Changing?

Revenue over time
Sales of NEVs and components Provision of vehicle modification services Leasing of NEVs Others
$20M$10M$0

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