Gauzy Earnings Call Transcripts
Fiscal Year 2025
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Q2 2025 saw a record order backlog of $43M, with revenue of $20.1M and a net loss of $8.7M due to shipment delays, but full-year guidance of $130–$140M and positive adjusted EBITDA is reaffirmed. Aeronautics leads the backlog, and liquidity is supported by $35M in credit lines and new debt financing.
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Q1 2025 saw resilient performance amid global uncertainty, with revenue of $22.4M and gross margin expansion. Major new contracts and a record backlog support reaffirmed 2025 guidance for over 30% revenue growth and positive adjusted EBITDA.
Fiscal Year 2024
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Record 2024 revenue and margin expansion were driven by strong demand and operational improvements, with positive adjusted EBITDA achieved in Q4. 2025 guidance calls for 30% revenue growth and positive EBITDA, supported by a $409M contracted backlog and robust segment performance.
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Q3 2024 saw 24.6% revenue growth and narrowing net losses, with strong demand across all divisions and major multi-year contracts secured. Production ramped up to meet backlog, and guidance for Q4 and 2025 remains robust, with EBITDA break-even expected imminently.
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Q2 2024 saw 22.4% revenue growth and a 64% increase in gross profit, with strong performance in Safety Tech and aeronautics. IPO proceeds strengthened liquidity, and gross margins are expected to improve further in H2 as new products and market expansion drive growth.