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 revenue grew 24.6% year-over-year, driven by strong demand and new multi-year OEM contracts. Profitability improved, with a narrowed net loss and robust liquidity, while guidance for Q4 and 2025 remains positive as major production ramps are set for mid-2025.
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Q2 2024 revenue grew 22.4% year-over-year to $24.4 million, with gross margin up to 27%. Strong demand in aeronautics and safety tech drove results, while IPO proceeds strengthened liquidity. Outlook remains positive with improving margins and narrowing losses expected.