Turbo Energy Files 2023 Annual Report Amendment

TL;DR

**Turbo Energy filed its 2023 annual report amendment, check it for key financial updates.**

AI Summary

Turbo Energy, S.A. filed an amendment (20-F/A) on December 13, 2024, for its annual report for the fiscal year ended December 31, 2023. The company, incorporated in the Kingdom of Spain, is involved in miscellaneous electrical machinery, equipment, and supplies. Its principal executive offices are located in Valencia, Spain.

Why It Matters

This filing provides updated information for investors regarding Turbo Energy's financial performance and operations for the fiscal year 2023, which is crucial for understanding the company's current standing.

Risk Assessment

Risk Level: low — This is a routine amendment to an annual report, not indicating any immediate financial distress or significant new risks.

Key Numbers

• 2023 — Fiscal Year End (The period covered by the annual report.)
• 20241213 — Filing Date (The date the amendment was submitted to the SEC.)

Key Players & Entities

• Turbo Energy, S.A. (company) — Registrant
• December 31, 2023 (date) — Fiscal Year End
• December 13, 2024 (date) — Filing Date
• Valencia, Spain (location) — Principal Business Address

FAQ

Filing Documents

• ea022475501-20fa1_turbo.htm (20-F/A) — 44KB
• ea022475501ex12-1_turbo.htm (EX-12.1) — 10KB
• ea022475501ex12-2_turbo.htm (EX-12.2) — 10KB
• ea022475501ex13-1_turbo.htm (EX-13.1) — 5KB
• ea022475501ex13-2_turbo.htm (EX-13.2) — 5KB
• image_001.jpg (GRAPHIC) — 5KB
• 0001213900-24-108920.txt ( ) — 83KB

Item 18

Item 17 Item 18 If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrant included in the filing reflect the correction of an error to previously issued financial statements. Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-based compensation received by any of the registrant’s executive officers during the relevant recovery period pursuant to §240.10D-1(b). If this is an annual report, indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes No Auditor Name: Auditor Location: Auditor Firm ID: TAAD LLP Diamond Bar, CA 5854 EXPLANATORY NOTE This Amendment No. 1 to Form 20-F (the “Amendment No.1”) amends our annual report on Form 20-F for the year ended December 31, 2023 (the “Original Filing”), which was originally filed with the U.S. Securities and Exchange Commission on April 18, 2024. The purpose of this Form 20-F/A is to amend certain information presented under Item 15, Controls and Procedures, to correct management’s assessment of internal controls over financial reporting. In addition, pursuant to Rule 12b-15 under the Exchange Act, the Company is including new certifications by the Company’s principal executive officer and principal financial officer as exhibits to this Amendment No.1 pursuant to Rule 13a-14(a) of the Exchange Act and Section 1350 of Chapter 63 of Title 18 of the United States Code (18 U.S.C. 1350). Except as described above or as otherwise expressly provided by the terms of this Amendment No.1, no other changes have been made to the Original Filing, and this Amendment No. 1 does not modify, amend or update the other information contained in the Original Filing. Except as otherwise indicated herein, this Amendment No.1 continues to speak as of the date of t

CONTROLS AND PROCEDURES

Item 15 CONTROLS AND PROCEDURES 1 PART III

CONTROLS AND PROCEDURES

ITEM 15. CONTROLS AND PROCEDURES Evaluation of Disclosure Controls and Procedures As of December 31, 2023 (the “Evaluation Date”), the Company carried out an evaluation, under the supervision of and with the participation of management, including the Company’s chief executive officer and chief financial officer, of the effectiveness of the Company’s disclosure controls and procedures (as defined in Rules 13a-15(e) under the Securities Exchange Act of 1934). Based upon this evaluation, our Chief Executive Officer and Chief Financial Officer concluded that as of the Evaluation Date, the Company’s disclosure controls and procedures were effective. Disclosure controls and procedures are designed to ensure that all material information required to be included in our reports filed or submitted under the Securities Exchange Act of 1934 is recorded, processed, summarized and reported within the time periods specified in the rules and forms of the Securities and Exchange Commission and to ensure that information required to be disclosed is accumulated and communicated to our management, including our chief executive officer and chief financial officer, or persons performing similar functions, as appropriate to allow timely decision regarding required disclosure. Management’s Annual Report on Internal Control Over Financial Reporting The Company’s management is responsible for establishing and maintaining adequate internal control over financial reporting as such term is defined in Rule 13a-15(f) under the Securities and Exchange Act of 1934, as amended. The Company’s internal control over financial reporting is designed to provide reasonable assurance regarding the reliability of our financial reporting and the preparation of consolidated financial statements for external purposes in accordance with generally accepted accounting principles. The Company’s internal control over financial reporting includes those po

EXHIBITS

ITEM 19. EXHIBITS Exhibit No. Description 12.1* Certifications of Chief Executive Officer Pursuant to Rule 13a-14(a) or Rule 15d-1(a) 12.2* Certifications of Chief Financial Officer Pursuant to Rule 13a-14(a) or Rule 15d-1(a) 13.1** Certifications of Chief Executive Officer Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 13.2** Certifications of Chief Financial Officer Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 * Filed herewith. ** Furnished herewith. 1

SIGNATURES

SIGNATURES The registrant hereby certifies that it meets all of the requirements for filing on Form 20-F and that it has duly caused and authorized the undersigned to sign this Amendment No. 1 to the annual report on its behalf. Turbo Energy, S.A. By: /s/ Mariano Soria Name: Mariano Soria Title: Chief Executive Officer Date: December 13, 2024 2

View Full Filing

View this 20-F/A filing on SEC EDGAR