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: Financials: Summary Q1 2024
FINANCIALS Summary Q1 2024 Net sales Adjusted EBITDA* Net Cash FTEs SEK 15.6m (4.9) SEK -8.8m (-16.1) SEK 69.6m 42 employees (31) NET SALES MSEK IMPACT ON EBITDA & Cash-Flow 40 Improved sales and gross profit Increased personnel costs 30 – 42 FTEs vs 31 Cash-Flow affected by increased Net Work
Slide 4: Highlights Q1
HIGHLIGHTS Q1 Highlights Strengthened partnership 2 orders from Hella start of and new order European Tier1 production from Frencken
Slide 5: Market
WEBCAST Q1 2024 Market
Slide 6: Regulation and consumer needs are strong drivers
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 MLW Product sales Undisclosed Tier1 2026 MLW Product sales 2026/2027 IMW Royalty
Slide 8: 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 MLW Product sales Undisclosed Tier1 2026 MLW Product sales 2026/2027 IMW Royalty
Slide 9: 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 Product sales 2024 IMW Royalty 2024 MLW Product sales 2026 MLW Product sales Undisclosed Tier1 2026 MLW Product sales 2026/2027 IMW Royalty
Slide 10: 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 MLW Product sales 2024 IMW Royalty 2024 IMW Product sales 2026 MLW Product sales Undisclosed Tier1 2026 MLW Product sales 2026/2027 IMW Royalty
Slide 11: 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 MLW Product sales Undisclosed Tier1 2026 MLW Product sales 2026/2027 IMW Royalty
Slide 12: Well positioned for profitable growth
INVESTMENT CASE Well positioned for profitable growth Strong market potential Extensive patent Driven by regulation and customer needs Technology leadership portfolio Complete antenna offering From design and Foundation for high-volume Series-production production partnerships industrializat
Slide 13: Q&A
Q&A
Slide 14: 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 15: 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