Aston Martin Lagonda (LSE: AML) Actions in the last two years appear on the first pages of newspapers. Investors were sold a fairly liquid path to profitability, but it just wasn’t.

In 2024, the company reported a loss before taxation of 289.1 million GBP, expanding from 239.8 million GBP in 2023. This was reported with a decrease in revenues by 3% to 1.58 billion GBP. It was a painful year for the iconic car manufacturer, because wholesale volumes also fell by 9%, reflecting the disruptions of the supply chain and weaker demand in key markets such as China.

Despite these failures, Aston Martin managed to achieve uncommon positive cash flow in the last quarter of 2024. New products are launching and improved the sale of high margin models.

Not to impress the market

The price of the company’s shares reflected financial fights, falling by more than 96% from the flotation in 2018. From April 2025, the shares are near the 52-week lowest level of 56 pence, significantly compared to 172.8 pens in April 2024.

The growing debt levels, which at the end of 2024 jumped to £ 1.16 billion, intensified the challenges of Aston Martin. To deal with these financial misfortunes, the company reduced work and reduced production plans. In addition, he received continuous financial support from the Consortium Yew Tree Lawrence Stroll, which recently increased its share to 33% thanks to an investment of 52.5 million pounds.

Another promise

In 2023, Aston Martin Lagonda set ambitious financial goals as part of his return strategy. Executive chairman Lawrence Stroll planned to achieve revenues of 2 billion pounds and 500 million GBP in the corrected EBITDA (profit before interest, taxation, dividends and depreciation) until 2024/25.

Initially, these goals were related to the sale of 10,000 vehicles a year. However, the financial director of Doug Lafferty expressed the certainty that the company can achieve these goals from only 8,000 pieces a year.

However, this did not happen. The company is still promising. The recent CEO Adrian Hallmark presented the plans “significantly improved“Financial results in 2025, with the expectations of a positively corrected EBITDA and free cash flow in the second half of the year. It is expected that the Prime Minister Valhalla, the first hybrid plugin from the plug in the middle of the Aston Martin engine, plays a key role in this phrases.

Now the Group is planning to generate a 2.5 billion GBP and corrected EBIT in the amount of 400 million GBP to 2027/28. However, taking into account his historical fights, it is not clear if he can achieve these goals.

High risk, high prize

Earlier I was an investor in Aston Martin, but this is no longer for me. Aston Martin’s journey remains copious in risk. What’s more, on average, the company sends around 2,000 vehicles to the Americas. Trump’s tariffs put these numbers in danger. Finally, while management takes steps to stabilize surgery and improve profitability, a long history of the company’s financial problems and the growing rely on external financing are huge fears. I think he will last a year, but she needs a return to guarantee her future.