Chargepoint Holdings, Inc. · NYSE:CHPT
Chargepoint — Q1 2023 Earnings Presentation
11 slides from Chargepoint's earnings presentation, May 31, 2022
Slide 1: Q1 Fiscal 2023 Financial Results
Q1 Fiscal 2023 Financial Results May 31, 2022 © 2022 ChargePoint Holdings, Inc.
Slide 2: Safe Harbor
Safe Harbor This presentation may contain “forward-looking” statements within the meaning of Section revenue and gross margins due to supply chain disruptions, component shortages and 27A of the Securities Act and Section 21E of the Exchange Act that are based on our related expense increases or if
Slide 3: Revenue Diversity
Revenue Diversity By Type By Geography $M $M Networked Charging Systems North America Subscriptions Europe Other Note: Unaudited. Fiscal year ending on January 31. 3 © 2022 ChargePoint Holdings, Inc.
Slide 4: Non-GAAP Gross Margin
Non-GAAP Gross Margin Note: Unaudited. Fiscal year ending on January 31. 4 © 2022 ChargePoint Holdings, Inc.
Slide 5: Non-GAAP Operating Expenses
Non-GAAP Operating Expenses $M Non-GAAP Operating Expenses - Non-GAAP Operating Expenses as % of Revenue Note: Unaudited. Fiscal year ending on January 31. 5 © 2022 ChargePoint Holdings, Inc.
Slide 6: Appendix
Appendix © 2022 ChargePoint Holdings, Inc. 6
Slide 7: GAAP Income Statement
GAAP Income Statement ($ in thousands; unaudited; preliminary) Three Months Ended April 30, 2022 2021 Revenue Networked charging systems $ 59,551 $ 26,800 Subscriptions 17,646 10,824 Other 4,436 2,886 Total revenue 81,633 40,510 Cost of revenue Networked charging systems 56,266 23,742 Subscriptions
Slide 8: GAAP Balance Sheet
GAAP Balance Sheet ($ in thousands; unaudited; preliminary) April 30, January 31, 2022 2022 Assets Current assets: Cash and cash equivalents $ 540,583 $ 315,235 Restricted cash 400 400 Accounts receivable, net 79,855 75,939 Inventories 45,305 35,879 Prepaid expenses and other current assets 46,086 3
Slide 9: GAAP Statement of Cash Flows
GAAP Statement of Cash Flows ($ in thousands; unaudited; preliminary) Three Months Ended April 30, 2022 2021 Cash flows from operating activities Net income (loss) $ (89,266) $ 82,289 Adjustments to reconcile net loss to net cash used in operating activities: Depreciation and amortization 6,220 2,74
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 April 30, 2022 January 31, 2022 October 31, 2021 July 31, 2021 April 30, 2021 Reconciliation of GAAP gross profit (margin) to non-GA
Slide 11: GAAP to Non-GAAP Reconciliation
GAAP to Non-GAAP Reconciliation ($ in thousands; unaudited; preliminary) Three Months Ended Three Months Ended April 30, 2022 April 30, 2021 Reconciliation of GAAP net loss to non-GAAP net loss: GAAP net income (loss) $ (89,266) $ 82,289 Stock-based compensation expense 15,527 7,577 Earn-out-related