Chargepoint Holdings, Inc. · NYSE:CHPT

Chargepoint — Q2 2024 Earnings Presentation

10 slides from Chargepoint's earnings presentation, Sep 6, 2023

  1. Slide 1: Q2 Fiscal 2024 Financial Results

    Q2 Fiscal 2024 Financial Results September 6, 2023 © 2023 ChargePoint Holdings, Inc.

  2. Slide 2: Revenue Diversity

    Revenue Diversity By Type By Geography $M $M $160 $153 $150 $153 $150 $160 $125 $130 $130 $125 $120 $108 $120 $108 $80 $80 $40 $40 -- -- Q2 FY23 Q3 FY23 Q4 FY23 Q1 FY24 Q2 FY24 Q2 FY23 Q3 FY23 Q4 FY23 Q1 FY24 Q2 FY24 Networked Charging Systems North America Subscriptions Europe Other Note: Unaudited

  3. Slide 3: Non-GAAP Gross Margin

    Non-GAAP Gross Margin 30% 25% 25% 23% 19% 20% 20% 15% 10% 5% 3% 0% Q2 FY23 Q3 FY23 Q4 FY23 Q1 FY24 Q2 FY24 Note: Unaudited. Fiscal year ending on January 31. 3 © 2023 ChargePoint Holdings, Inc.

  4. Slide 4: Non-GAAP Operating Expenses

    Non-GAAP Operating Expenses $100 80% 74% $80 $89 70% $85 $80 $79 $81 $60 66% 60% 63% $M 59% $40 53% 50% $20 40% -- 30% Q2 FY23 Q3 FY23 Q4 FY23 Q1 FY24 Q2 FY24 Non-GAAP Operating Expenses - Non-GAAP Operating Expenses as % of Revenue Note: Unaudited. Fiscal year ending on January 31. 4 © 2023 ChargeP

  5. Slide 5: Appendix

    Appendix © 2023 ChargePoint Holdings, Inc. 5

  6. Slide 6: GAAP Income Statement

    GAAP Income Statement ($ in thousands; unaudited; preliminary) Three Months Ended Six Months Ended July 31, July 31, 2023 2022 2023 2022 Revenue Networked charging systems $ 114,574 $ 84,148 $ 212,894 $ 143,699 Subscriptions 30,011 20,244 56,376 37,890 Other 5,909 3,900 11,253 8,336 Total revenue 15

  7. Slide 7: GAAP Balance Sheet

    GAAP Balance Sheet ($ in thousands; unaudited; preliminary) July 31, January 31, 2023 2023 Assets Current assets: Cash and cash equivalents $ 233,499 $ 264,162 Restricted cash 30,400 30,400 Short-term investments — 104,966 Accounts receivable, net 202,079 164,892 Inventories 143,580 68,730 Prepaid e

  8. Slide 8: GAAP Statement of Cash Flows

    GAAP Statement of Cash Flows ($ in thousands; unaudited; preliminary) Six Months Ended July 31, 2023 2022 Cash flows from operating activities Net loss $ (204,643) $ (181,966) Adjustments to reconcile net loss to net cash used in operating activities: Depreciation and amortization 14,018 12,476 Non-

  9. Slide 9: GAAP to Non-GAAP Reconciliation

    GAAP to Non-GAAP Reconciliation ($ in thousands; unaudited; preliminary) Three Three Six Six Months Ended Months Ended Months Ended Months Ended July 31, 2023 July 31, 2022 July 31, 2023 July 31, 2022 Reconciliation of GAAP Net Loss to Non-GAAP Net Loss and Non-GAAP Adjusted EBITDA Loss: GAAP net lo

  10. 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 July 31, 2023 April 30, 2023 January 31, 2023 October 31, 2022 July 31, 2022 Reconciliation of GAAP gross profit (margin) to non-GAA

ChargePoint Holdings — Q2 2024 Earnings Presentation on 6ix