Patricia Garva-Mircea

12 jun 2025

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Thursday, 12th of June 2025, ABM Financial News: The company Cool Cars revealed an impressive financial recovery which involved an increase in revenue, net income, stock price and bond rating. These outcomes indicate a major shift in strategy of the company, solid spending control, and improved investor trust. 

Cool Cars is thrilled to share impressive financial performance for its 8th year of business, with a revenue of $29,004 million, which represents an increase of 25.63% from the previous year of $23,085 million. The company generated an income of $1.192 million, which represents a $2.575 million gain and a recovery of $1.383 million loss from the last year. 

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The company’s excellent product appeal, position in the automotive market, and efficient operations are every aspect that contributed to its remarkable increase. Moreover, this increase was primarily caused by strong consumer demand for the cars Chi and Cozi, followed by Champ and CMore. The model of cars and the investment in new technology led to building strong consumer trust. The company ended the year with a high increase in the revenue and investor return, recovering quickly from the previous year. 

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The CEO Solovev Daniil declared, ‘’ Our achievement demonstrates both significant investment and strong performance’’. ‘’By maintaining a balance between innovation and profitability, we are developing the foundation for long-term achievement. Our commitment to maintaining our leadership in quality, technology and sustainability is demonstrated by our developed Research and Development investment’’. ‘’The business outcomes continue to astound and demonstrate our expanding in the automotive market by providing quality, safety, and high technology,’’ added the CEO Solovev Daniil of Cool Cars. 

The huge growth in Cool Cars’ stock price, which rose from $7.17 to $35.08, represents an increase of389% from the previous year. The outcome of this achievement was due to Total Shareholders Return with 11.2% and 20.3% higher than last year. By improving profitability and profit, the earnings per share rose from $-2.91 to $2.51. 

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Cool Cars raised the rating of bond from D to B from the previous year, demonstrating stability and reducing the risk in the eyes of the investors. The CFO Patricia Gavra-Mircea of Cool Cars announced that ‘’We will continue to improve our rating bond to reach the rating bond AAA in the coming years’’. 

CFO Patricia Gavra-Mircea stated, ‘’ We are positive that our innovation portfolio and strong financial position are going to keep generating value for our customers and shareholders’’.  

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Cool Cars aims to continue investing in Research & Development, major upgrades of cars and technology to fulfil the customer's expectations. The company is planning to launch the latest upgrade of cars. The company will share more information in the following quarter on the company’s website.

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Media Contact Information: 

Patricia Gavra-Mircea 

Email: cool-cars@hr.nl 

Website: https://1075123-coolcars.com/ 

Postal Address: 500 Terry Francine Street, San Francisco, CA 94158