Gogoro Inc. · NASDAQ:GGR
Gogoro — Q2 2024 Earnings Presentation
28 slides from Gogoro's earnings presentation, Aug 15, 2024
Slide 1: Q2 2024 Investor Presentation
gogolo Q2 2024 Investor Presentation AUGUST 15, 2024
Slide 2: Horace Luke and Bruce Aitken
Horace Luke Bruce Aitken Founder, CEO and Chairman Chief Financial Officer Gogoro ® Q2 2024 - Investor Presentation
Slide 3: Disclaimer: Forward-Looking Statements
DISCLAIMER Forward-Looking Statements This presentation contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements generally relate to future events or
Slide 4: Disclaimer: Use of Non-IFRS Financial Measures
DISCLAIMER Use of Non-IFRS Financial Measures This presentation and accompanying tables contain certain non-IFRS financial measures including foreign exchange effect on operating revenues, non-IFRS gross profit, non-IFRS gross margin, non-IFRS net Loss, EBITDA and adjusted EBITDA. Foreign exchange (
Slide 5: Disclaimer: Battery Swapping Service Rebate
DISCLAIMER Battery Swapping Service Rebate. We voluntarily offered one-time subscription fee discounts to certain subscribers of Gogoro Network who experienced unusual and infrequent service inconveniences associated with a minor voluntary vehicle recall and battery upgrade, and such battery swappin
Slide 6: 6
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Slide 7: Gold Sino Assets and Castrol investments in Gogoro
. G€castrol ity gogolo June 3, 2024 June 25, 2024 Gold Sino Assets Limited to Invest Castrol, a global leader in lubricants $50 Million into Gogoro to Continue and part of the bp group, today Expanding its Leadership in Smart announced an investment of up to Urban Mobility US$50 million in Gogoro In
Slide 8: Developing partnerships with Sumitomo & SMFL
———————— Developing partnerships with Sumitomo & SMFL to create new asset-light expansion model Gogoro ® Q2 2024 - Investor Presentation
Slide 9: Vertically Integrated Product Stack
VERTICALLY INTEGRATED PRODUCT STACK - HARDWARE, PLATFORM & SERVICES Gogoro 360° Ecosystem MORE THAN JUST BATTERY-SWAPPING Usage Base Insurance Gogoro ® Q2 2024 - Investor Presentation
Slide 10: Taiwan Market Status Update
TAIWAN MARKET STATUS UPDATE Q2 2024 VEHICLE REGISTRATION 190,308 23,660* Total Registered Total Registered Scooters ePTW MARKET SHARE Second Quarter of 2024 9.0%* 71%* 8.4%* 66%* PBGN vs PGBN Vehicle vs Gogoro vs Gogoro vs Total Vehicles Sold Total ePTW Total Vehicles Sold Total ePTW (16,685 units)
Slide 11: New JEGO and Pulse Vehicles Capture Market Attention
NEW.JEGO AND PULSE VEHICLES CAPTURE MARKET ATTENTION
Slide 12: Gogoro Network Status Update
GOGORO NETWORK STATUS UPDATE TOTAL RIDING DISTANCE 10.6* Billion Kilometers NETWORK SUBSCRIBERS GOSTATION LOCATIONS 2,570* & wy wy) vy vu vy) Uy saw wD vuuy DAILY BATTERY SWAPS BATTERY PACKS 400,000+ Gogore * Q2 2024 ~ Investor Presenta tion
Slide 13: Working with India Battery Swapping Association on FAME III
WORKING WITH INDIA BATTERY SWAPPING ASSOCIATION & MINISTRY OF HEAVY INDUSTRIES TO INCLUDE BATTERY SWAP IN FAME III j + By 1 ‘ Business Standard Tur Ecoxomic Times FAME-III to be implemented soon, final plan FAME 3 scheme nears completion, timeline yet to ready: HD Kumaraswamy be announced: Union Min
Slide 14: Gogoro Network GoStations Deployed in India with HPCL
gogoro network- 20 GOSTATIONS DEPLOYED IN INDIA WITH HPCL Cs, Gogoro ® Q2 2024 - Investor Presentation
Slide 15: Positive Feedback from Pilot Riders
POSITIVE FEEDBACK FROM PILOT RIDERS COLLABORATING WITH 5 INDIAN OEMS ON PBGN VEHICLES Gogoro ® Q2 2024 - Investor Presentation
Slide 16: South Korea
SOUTH KOREA Gogoro ® Q2 2024 - InveS
Slide 17: Launch of Gogoro Battery Swapping Services
a LAUNCH OF GOGORO BATTERY SWAPPING SERVICES IN Ave WITH TERPEB § Gogoro ® Q2 2024 - Investor Presentation
Slide 18: Singapore Land Transport Authority Approves Gogoro
SINGAPORE LAND TRANSPORT. AUTHORITY APPROVES GOGORO COMMERCIAL*HAUAICH — investor Presentation
Slide 19: Anticipating Zero-Import Tariff in the Philippines
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Slide 20: Q2 2024 Financial Results
Q2 2024 FINANCIAL RESULTS 20 Gogoro ® Q2 2024 - Investor Presentation
Slide 21: SEBL ||
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Slide 22: 2024 Guidance
2024 GUIDANCE 2024 REVENUE GUIDANCE
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Slide 25: Appendix
Appendix Gogoro ® Q2 2024 - Investor Presentation 25
Slide 26: Reconciliation of IFRS Financial Metrics to Non-IFRS
Reconciliation of IFRS Financial Metrics to Non-IFRS Reconciliation of Constant Currency Operating revenues: Sales of hardware and others Battery swapping service Total Reconciliation of Constant Currency Operating revenues: Sales of hardware and others Battery swapping service Total Gogoro ® Q2 202
Slide 27: Reconciliation of IFRS Financial Metrics to Non-IFRS
Reconciliation of IFRS Financial Metrics to Non-IFRS Reconciliation of Gross Profit and Gross Margin to Non-IFRS Gross Profit and Gross Margin Gross profit and gross margin Share-based compensation Battery upgrade initiatives Battery swapping service rebate Non-IFRS gross profit and gross margin Rec
Slide 28: Reconciliation of IFRS Financial Metrics to Non-IFRS
Reconciliation of IFRS Financial Metrics to Non-IFRS Reconciliation of Net Loss to EBITDA and Adjusted EBITDA Net loss $ Interest expense, net Depreciation and amortization EBITDA Share-based compensation Change in fair value of financial liabilities Battery upgrade initiatives Battery swapping serv