Vmoto Limited announced that expected to generate strong growth in profit over the 12 months ending December 31, 2015. Vmoto's revenue is forecast to exceed $69 million over 2015 for markets in China and internationally. This higher level of revenue from increased production and distribution will also see a growing proportion of higher-margin vehicles produced for international sales.

In addition, having acquired and successfully integrated Nanjing Haiyong in 2014, earnings are expected to be generated from this electric vehicle controller business over 2015. In light of growing production and distribution, an increased focus on higher-margin international sales, and earnings from Nanjing Haiyong, Vmoto expects to generate in 2015: earnings before interest, tax, depreciation and amortization in the range of $6 million to $8 million; and a net profit between $5 million and $7 million. This compares with the company's 2014 underlying EBITDA and net profit results of $4 million and $3.2 million, respectively (pre share-based payments and impairments).

With revenue from increased production and distribution expected to exceed $69 million 2015, Vmoto is at its scale inflection point, with earnings forecast to grow very strongly over 2015 and beyond.