Faraday Future Intelligent Electric Inc. · NASDAQ:FFAI
Faraday Future Intelligent Electric — Q1 2025 Earnings Presentation
15 slides from Faraday Future Intelligent Electric's earnings presentation, May 8, 2025
Slide 1: Fiscal First Quarter 2025 Earnings Presentation
Faraday Future Intelligent Electric Inc. (Nasdaq: FFAI) Fiscal First Quarter 2025 Earnings Presentation May 8, 2025 © 2025 2024 FARADAY FUTURE
Slide 2: Legal Disclaimers
LEGAL DISCLAIME R S Forward Looking Statements This presentation includes “forward looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this presentation, the words “estimates,” “projected,” “expects,
Slide 3: Table of Contents
TABLE OF CONTENTS 1. 2025 Q1 Overview 2. Q 1 Financial Highlights 3. Subsequ ent Events 4. 2025 Q2 and Full Year O utlook 5. Q &A 6. Appendi x © 2024 FARADAY FUTURE Presentation Sequence: Matthias Aydt, Jerry Wang, Koti Meka, YT Jia 3
Slide 4: 2025 Q1 Overview
2025 Q1 OVERVIEW Overall Highlights S5 Capital Successful Financing and More Investor Interaction ̵ Q1 total net asset increased by $24.8 million, or 21.6% compared to year- ̵ Funding: Received $20 million from the prior financing round end 2024 and secured an additional $41 million in new funding,
Slide 5: 2025 Q1 Financial Highlights
2025 Q1 FINANCIAL HIGHLIGHTS ̵ Revenue: Revenue was $0.3 million, driven by one new leased vehicle delivered in the period and the vehicles leased in the prior periods ̵ Net Loss from Operations: Net loss from operations was $43.8 million, largely in line with the $43.6 million reported in Q1 2024.
Slide 6: Subsequent Events
SUBSEQUENT EVENTS FX Development A Clear Indication of Early Success of FX Strategy ̵ FX 2B Preorder: Received non-binding 1,000 B2B order from the East Coast for FX vehicles, and 300 non-binding pre-order from the West Coast ̵ Progress of FX’s Testing and Validation: Now undertaking public road tes
Slide 7: 2025 Q2 and Full Year Outlook
2025 Q2 and Full Year Outlook S1 Vehicle Delivery S4 Supply Chain & Manufacture ̵ First FX Super One Product Launch by End of June ̵ Hanford factory is preparing a flexible production line for FX units with an annual capacity of 30,000+ total units, including FF • Superior product power at lower pri
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Slide 9: Appendix
Faraday Future Intelligent Electric Inc. (Nasdaq: FFAI) Appendix May 8, 2025 © 2024 FARADAY FUTURE
Slide 10: Appendix – Q1 2025 Unaudited Consolidated Balance Sheets
APPENDIX – Q1 2025 UNAUDITED CONSOLIDATED BALANCE SHEETS (In thousands) March 31, 2025 December 31, 2024 Assets Cash and restricted cash $ 9,493 $ 7,174 Inventory, net 27,124 27,486 Deposits and other current assets 39,854 37,221 Total current assets 76,471 71,881 Property, plant and equipment, net
Slide 11: Appendix – Q1 2025 Unaudited Consolidated Statements of Operations and Comprehensive Loss
APPENDIX – Q1 2025 UNAUDITED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (In thousands) Three Months Ended March 31, Three Months Ended March 31, 2025 2024 Revenue $ 316 $ 2 Cost of revenue 21,381 20,687 Gross profit (21,065) (20,685) Operating expenses Research and development 6,41
Slide 12: Appendix – Q1 2025 Unaudited Consolidated Statements of Cash Flows (1/2)
APPENDIX – Q1 2025 UNAUDITED CONSOLIDATED STATEMENTS OF CASH FLOWS(1/2) (In thousands) March 31, 2025 March 31, 2024 Cash flows from operating activities Net loss $ (10,278) $ (48,217) Adjustments to reconcile net loss to net cash used in operating activities: Depreciation and amortization expense 1
Slide 13: Appendix – Q1 2025 Unaudited Consolidated Statements of Cash Flows (2/2)
APPENDIX – Q1 2025 UNAUDITED CONSOLIDATED STATEMENTS OF CASH FLOWS(2/2) (In thousands) March 31, 2025 March 31, 2024 Cash flows from investing activities Proceeds from the sale of equipment — 87 Payments for property and equipment (1,568) (99) Net cash used in investing activities (1,568) (12) Cash
Slide 14: Q&A
Faraday Future Intelligent Electric Inc. (Nasdaq: FFAI) Q&A May 8, 2025 © 2024 FARADAY FUTURE
Slide 15: Thank you for your time! See you next quarter
Thank you for your time! See you next quarter
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