Intuitive Machines, Inc. · NASDAQ:LUNR
Intuitive Machines — Q4 2024 Earnings Presentation
21 slides from Intuitive Machines's earnings presentation, Mar 24, 2025
Slide 1: Intuitive Machines Q4 2024 earnings presentation
INTUITIVE MACHIN
Slide 2: Steve Altemus and Pete McGrath
Steve Altemus Pete McGrath CO-FOUNDER, PRESIDENT & CHIEF EXECUTIVE OFFICER CHIEF FINANCIAL OFFICER
Slide 3: Disclaimer and Forward Looking Statements
DISCLAIMER AND FORWARD LOOKING STATEMENTS This presentation (and oral statements made regarding the subjects of this presentation) includes “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. These statements that do not relate to matt
Slide 4: Disclaimer and Forward Looking Statements
DISCLAIMER AND FORWARD LOOKING STATEMENTS These forward-looking statements are based on information available as of the date of this presentation and current expectations, forecasts, and assumptions, and involve a number of judgments, risks, and uncertainties. Accordingly, forward-looking statements
Slide 5: Agenda
Highlights 6 Delivery Services 8 Data Transmission Services 12 Infrastructure as a Service 15 Financials 17 2025 Outlook 19
Slide 6: Highlights
SECTION O1 HIGHLIGHTS — | ee eee
Slide 7: Q4 and FY24 highlights
Q4 Revenue Strong revenue growth in the quarter; $54.7 million, up 79% year over year FY24 Revenue Record fiscal year revenue of $228 million, nearly three times 2023 revenue Ended 2024 with $207.6 million in cash; as of March 10 th our cash balance Cash Balance was $385 million following the comple
Slide 8: Delivery Services
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Slide 9: IM-2 mission accomplishments
• Launched less than one year after the end of the IM-1 lunar mission • Completed first rideshare orbit delivery services • Successfully completed trajectory refinement and precision orbital maneuvers using the Company’s Lunar Data Network • Completed the southernmost lunar landing in a targeted hum
Slide 10: IM-3, IM-4 and NASA CLPS awards
IM-3 Remains on track for roughly one year from now, incorporating findings and corrective actions from the reviews IM-4 Remains on track for 2027 lunar mission NASA CLPS Awards • Bidding delivery contract in May with July 2025 NASA selection • We believe NASA intends to award a second lunar deliver
Slide 11: Orbit Transfer Vehicle
• Leveraging in-space mobility and logistics success from IM-1 and IM-2 • Using the same lunar lander core technology as an orbit delivery vehicle • Follow-on contract with a government customer for an Orbit Transfer Vehicle (OTV)
Slide 12: Data Transmission Services
SECTION O38 a DATA TRANSMISSION SERVICES =< — 2
Slide 13: Awarded additional NSNS contracts
Awarded Additional NSNS Contracts Secured additional contracts for Direct-to-Earth services that position the Company to capitalize on the contract’s $4.8 billion maximum potential value Demonstrated Interoperability with NASA’s Deep Space Network Completed interoperability functions between NASA’s
Slide 14: NSNS contract valued up to $4.8 billion
NSNS Contract Valued up to $4.8 Billion Intend to leverage already contracted surface delivery missions to deploy a constellation of lunar data relay satellites around the Moon Diversifying Data Relay Satellite Customers Received authorization to work with other government customers Introducing Pay-
Slide 15: Infrastructure as a Service
SECTION O04 \ INFRASTRUCTURE AS A SERVICE
Slide 16: LTV, DoE Fission Surface Power and JETSON programs
NASA Lunar Terrain Vehicle • One of three contractors awarded LTV services phase 1 contract • Continuing to mature cargo class lander for LTV delivery • Supporting preliminary design review with NASA in April Department of Energy – Nuclear Surface Power • One of three teams working on the DoE Fissio
Slide 17: Financials
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Slide 18: Year-over-year backlog, revenue and operating loss
Year-over-year Backlog* Year-Over-Year Revenue Year-Over-Year Operating Profit / (Loss) $350.0M $80.0M $20.0M $328.3M $300.0M $60.0M $10.0M $250.0M $268.6M $54.7M $200.0M $40.0M $0.0M ($7.5M) ($13.4M) $150.0M $30.6M $100.0M $20.0M $(15.0M) $50.0M $0.0M $0.0M $(30.0M) Q4 2023 Q4 2024 Q4 2023 Q4 2024
Slide 19: 2025 Outlook
SECTION OG 2025 OUTLOOK —— rie
Slide 20: 2025 revenue and adjusted EBITDA outlook
Full-year 2025 revenue outlook of $250 - $300 million Positive run-rate Adjusted ebitda by the end of 2025; positive adjusted ebitda in 2026
Slide 21: Qe R
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