Slide 1: Tech that sees the human side of things
Tech that sees the human side of things
Slide 2: Gapwaves in brief
GAPWAVES IN BRIEF Swedish tech company with patented waveguide technology High-performance antenna solutions Radar and wireless communication Automotive and Mobility Founded in 2011 > 40 employees HQ in Gothenburg Listed on Nasdaq First North Growth Market since 2016
Slide 3: Highlights Q2
HIGHLIGHTS Q2 Highlights Q2 Expanded contract with Bosch New orders from European Tier1 & signed LOI Smartmicro start of production Awarded Vinnova funding for two research projects First order from an Asian Tier-1 customer Supply agreement with Sensrad Stronger order inflow and growing
Slide 4: Summary Q2 2024
FINANCIALS Summary Q2 2024 Net sales - Q2 Adjusted EBITDA – Q2 Net Cash FTEs SEK 14.5m (8.9) SEK -8.8m (-9.5) SEK 66.9m 42 employees (31) Net sales – YTD Adjusted EBITDA - YTD SEK 30.1 m (13.8) SEK -17.6m (-25.6) IMPACT ON EBITDA & Cash-Flow NET SALES MSEK Improved sales and gross profit 40 Scali
Slide 5: Market
LIVE Q | Q2 Market
Slide 6: Regulation and consumer needs are strong drivers – Automation drives radar growth
MARKET POTENTIAL Regulation and consumer needs are strong drivers – Automation drives radar growth Higher resolution NCAP & & performance Legislation Waveguide antennas Shift to 77 GHz Consumer needs & requirements Increasing numbers of radars per car
Slide 7: We grow together with our customers
BUSINESS MODEL AND STRATEGY We grow together with our customers Prototypes Revenue Design / NRE Agreement SOP Technology delivery model 2024 IMW Royalty 2024 IMW Product sales 2024 MLW Product sales 2026/2027 MLW Product sales European Tier1 2026 MLW Product sales 2026 IMW Royalty Asian Tier1 2027 M
Slide 8: Well positioned for profitable growth
INVESTMENT CASE Well positioned for profitable growth Strong market potential Driven by regulation and customer needs From design and Complete antenna offering industrialization to production and supply Series-production partnerships Foundation for high-volume production Long term Tier 1 relat
Slide 9: Gapwaves
MPWAVES —
Slide 10: Disclaimer
Disclaimer Disclaimer This presentation may include projections and forward-looking statements that represent Management's current perspectives on market trends and anticipated future events. While these statements are grounded in Management's deemed reasonable estimates, their accuracy or realizati
Slide 11: Thank you!
Thank you! Gapwaves AB (publ) Corp. Reg. No. 556840-2829 Headquarters: Nellickevägen 22 SE-412 63 Gothenburg, Sweden Tel: +46 31 762 60 40 E-mail: info@gapwaves.com www.gapwaves.com