Ouster, Inc. · NASDAQ:OUST
Ouster — Q4 2024 Earnings Presentation
13 slides from Ouster's earnings presentation, Mar 20, 2025
Slide 1: Fourth Quarter 2024 Earnings Update
March 20, 2025 Fourth Quarter 2024 Earnings Update
Slide 2: Disclaimers
Fourth Quarter 2024 Earnings Update March 20, 2025 Disclaimers Forward-Looking Statements This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Ouster intends such forward-looking statements to be covered by the safe harbor
Slide 3: Ouster is the Eyes of Autonomy
Fourth Quarter 2024 Earnings Update March 20, 2025 Ouster is the Eyes of Autonomy Software Solutions Digital Lidar Technology Diversified and Proven Business 3
Slide 4: Message from the CEO
Fourth Quarter 2024 Earnings Update March 20, 2025 Message from the CEO The fourth quarter capped off a year of consistent execution and record financial results. We generated quarterly revenue of $30 million and gross margin of 44%, and met our guidance for the eighth straight quarter. We continue
Slide 5: 2025 Strategic Business Priorities
Fourth Quarter 2024 Earnings Update March 20, 2025 2025 Strategic Business Priorities Scale the software- attached business Transform the product portfolio Execute towards profitability 5
Slide 6: SCALE the Software Attached Business
Fourth Quarter 2024 Earnings Update March 20, 2025 SCALE the Software Attached Business Capture the $19B smart infrastructure opportunity $19B TAM1 INTELLIGENT TRANSPORTATION PERIMETER SECURITY SYSTEMS LOGISTICS CROWD ANALYTICS 6 1 Ouster internal estimates, 2030E
Slide 7: TRANSFORM the Product Portfolio
July 19, 2024 Fourth Quarter 2024 Earnings Update March 20, 2025 TRANSFORM the Product Portfolio Innovations anticipated to more than double our currently addressable market ● All new hardware powered by next-generation custom silicon ● Powerful new capabilities embedded in firmware ● New developer
Slide 8: EXECUTE Towards Profitability
Fourth Quarter 2024 Earnings Update March 20, 2025 EXECUTE Towards Profitability Achieve 30-50% Maintain gross margins Keep operating expenses annual revenue growth at 35-40% at or below Q3 2023 levels ● Support customers moving into ● Drive value proposition with higher ● Expand use of lower cost l
Slide 9: Q4 2024 Results
Fourth Quarter 2024 Earnings Update March 20, 2025 Q4 2024 Results $30M 44% Revenue GAAP gross margin Up 23% vs. the fourth quarter of 2023 Up from 22% in the fourth quarter of 2023 44% 4,800+ Non-GAAP gross margin1 Sensors shipped Up from 35% in the fourth quarter of Up 15% vs. the fourth quarter o
Slide 10: FY 2024 Results
Fourth Quarter 2024 Earnings Update March 20, 2025 FY 2024 Results $111M 36% Revenue GAAP gross margin Up 33% year over year Up from 10% in FY 2023 $175M 17,300+ Cash balance1 Sensors shipped As of December 31, 2024 Up 27% year over year 1 Cash, cash equivalents, restricted cash, and short-term inve
Slide 11: Q1 2025 Revenue Guidance
Fourth Quarter 2024 Earnings Update March 20, 2025 Q1 2025 Revenue Guidance $30 to $32 Million 11
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Slide 13: GAAP to Non-GAAP Reconciliation
Fourth Quarter 2024 Earnings Update March 20, 2025 GAAP to Non-GAAP Reconciliation THREE MONTHS ENDED Dec 31 Dec 31 GROSS PROFIT MARGIN ($K) Sep 30 2024 2023 2024 Gross (loss) profit on GAAP basis 13,183 5,411 10,754 Stock-Based Compensation 1,140 856 1,345 Amortization of acquired intangible assets