Chargepoint Holdings, Inc. · NYSE:CHPT
Chargepoint — Q4 2023 Earnings Presentation
11 slides from Chargepoint's earnings presentation, Mar 2, 2023
Slide 1: Q4 Fiscal 2023 Financial Results
Q4 Fiscal 2023 Financial Results March 2, 2023 © 2023 ChargePoint Holdings, Inc.
Slide 2: Safe Harbor
Safe Harbor This presentation may contain “forward-looking” statements within the meaning of Section which may adversely affect our sales, revenue and gross margins; our ability to expand our 27A of the Securities Act and Section 21E of the Exchange Act that are based on our operations and market sh
Slide 3: Revenue Diversity
Revenue Diversity By Type By Geography $M $M $160 $153 $153 $160 $125 $125 $120 $108 $120 $108 $79 $82 $79 $82 $80 $80 $40 $40 -- -- Q4 FY22 Q1 FY23 Q2 FY23 Q3 FY23 Q4 FY23 Q4 FY22 Q1 FY23 Q2 FY23 Q3 FY23 Q4 FY23 Networked Charging Systems North America Subscriptions Europe Other Note: Unaudited. Fi
Slide 4: Non-GAAP Gross Margin
Non-GAAP Gross Margin 30% 25% 24% 23% 20% 20% 19% 17% 15% 10% Q4 FY22 Q1 FY23 Q2 FY23 Q3 FY23 Q4 FY23 Note: Unaudited. Fiscal year ending on January 31. 4 © 2023 ChargePoint Holdings, Inc.
Slide 5: Non-GAAP Operating Expenses
Non-GAAP Operating Expenses $M $100 120% 103% 97% 100% $80 $84 $80 $79 $81 $77 80% $60 74% 60% 63% $40 53% 40% $20 20% -- 0% Q4 FY22 Q1 FY23 Q2 FY23 Q3 FY23 Q4 FY23 Non-GAAP Operating Expenses - Non-GAAP Operating Expenses as % of Revenue Note: Unaudited. Fiscal year ending on January 31. 5 © 2023 C
Slide 6: Appendix
Appendix © 2023 ChargePoint Holdings, Inc. 6
Slide 7: GAAP Income Statement
GAAP Income Statement ($ in thousands; unaudited; preliminary) Three Months Ended Twelve Months Ended January 31, January 31, 2023 2022 2023 2022 Revenue Networked charging systems $ 122,331 $ 58,665 $ 363,622 $ 173,850 Subscriptions 25,735 17,209 85,296 53,512 Other 4,761 3,467 19,176 13,644 Total
Slide 8: GAAP Balance Sheet
GAAP Balance Sheet ($ in thousands; unaudited; preliminary) January 31, January 31, 2023 2022 Assets Current assets: Cash and cash equivalents $ 264,162 $ 315,235 Restricted cash 30,400 400 Short-term investments 104,966 — Accounts receivable, net 164,892 75,939 Inventories 68,730 35,879 Prepaid exp
Slide 9: GAAP Statement of Cash Flows
GAAP Statement of Cash Flows ($ in thousands; unaudited; preliminary) Twelve Months Ended January 31, 2023 2022 Cash flows from operating activities Net loss $ (344,459) $ (132,241) Adjustments to reconcile net loss to net cash used in operating activities: Depreciation and amortization 25,050 16,45
Slide 10: GAAP to Non-GAAP Reconciliation
GAAP to Non-GAAP Reconciliation ($ in thousands; unaudited; preliminary) Three Months Ended Three Months Ended Three Months Ended Three Months Ended Three Months Ended January 31, 2023 October 31, 2022 July 31, 2022 April 30, 2022 January 31, 2022 Reconciliation of GAAP gross profit (margin) to non-
Slide 11: GAAP to Non-GAAP Reconciliation
GAAP to Non-GAAP Reconciliation ($ in thousands; unaudited; preliminary) Three Months Ended Three Months Ended Twelve Months Ended Twelve Months Ended January 31, 2023 January 31, 2022 January 31, 2023 January 31, 2022 Reconciliation of GAAP net loss to non-GAAP net loss: GAAP net income (loss) $ (7