Ecarx Holdings Inc. · NASDAQ:ECX
Ecarx — Q2 2025 Earnings Presentation
24 slides from Ecarx's earnings presentation, Aug 26, 2025
Slide 1: Second Quarter 2025 Financial Results
Second Quarter 2025 Financial Results August 26, 2025
Slide 2: Disclaimers
Disclaimers Forward-Looking Statements have been translated into the new reporting currency. This presentation contains statements that are forward-looking statements within the meaning of the U.S. Private Securities Non-GAAP Financial Measure Litigation Reform Act of 1995. These statements are base
Slide 3: 2025 Q2 Highlights
ecar >< 2025 Q2 Highlights
Slide 4: Q2 highlights
Enable & accelerate the global leading automotive intelligent solutions Product in Vehicles Q2 Gross Profit Q2 Revenue 9.3mn+ 16.8 mn Serving 18 OEMs across 155.6 mn As of June 30, 2025 GM 11% 28 vehicle brands Down 10% YoY Antora® shipment Operating expense As of June 30, 2025 135,000 57.2mn Up 112
Slide 5: Products & Operations
ecar >< Products & Operations
Slide 6: Major presence across three continents
Major presence across three continents Gothenburg San Diego, CA • Cockpit R&D and delivery • R&D center Shanghai - HQ • AD R&D center • AI R&D center • Big data, algorithm, cloud • Advanced research product and London - EU HQ technology R&D • EU operation center where our • Automotive SoC R&D execut
Slide 7: ECARX main full-stack computing roadmap
ECARX main full-stack computing roadmap All copyright shall belong to ECARX. No person shall copy or distribute any or all part of the content in any way. ECARX shall reserve the right to take legal action against such violations. | www.ecarxgroup.com 7
Slide 8: ECARX Cloudpeak software solution
ECARX Cloudpeak software solution Flexible and open SOA architecture design completely releases hardware performance, providing customizable cross domain software development solutions. All copyright shall belong to ECARX. No person shall copy or distribute any or all part of the content in any way.
Slide 9: All copyright shall belong to ECARX. No person shall copy or distribute any or
All copyright shall belong to ECARX. No person shall copy or distribute any or all part of the content in any way. ECARX shall reserve the right to take legal action against such violations. | www.ecarxgroup.com 9 9
Slide 10: Strong position from diversified and growing customer base
Strong position from diversified and growing customer base Chinese Brands Global Brands All copyright shall belong to ECARX. No person shall copy or distribute any or all part of the content in any way. ECARX shall reserve the right to take legal action against such violations. | www.ecarxgroup.com
Slide 11: Vehicle Launches
ecar >< Vehicle Launches
Slide 12: Galaxy M9
Galaxy M9 A powerful computing base engineered to deliver a landmark AI cockpit revolution August 2025 12 All copyright shall belong to ECARX. No person shall copy or distribute any or all part of the content in any way. ECARX shall reserve the right to take legal action against such violations. | w
Slide 13: Galaxy A7
Galaxy A7 AI-enhanced Concerted software and hardware evolution transforms and elevates every family journey August 2025 13 All copyright shall belong to ECARX. No person shall copy or distribute any or all part of the content in any way. ECARX shall reserve the right to take legal action against su
Slide 14: Galaxy E8 Xingyao 8 EM
ECARX Skyland Pro ADAS Solution is now integrated into Geely’s G-Pilot system，launched with Galaxy E8 and Xingyao 8 EM January 2025 April 2025 Galaxy E8 Xingyao 8 EM Geely Galaxy 14 All copyright shall belong to ECARX. No person shall copy or distribute any or all part of the content in any way. ECA
Slide 15: Financials
ecar >< Financials
Slide 16: Quarterly financial performance
Quarterly financial performance Total revenue (USDm) Gross profit (USDm) Gross 21% 17% 20% 11% 4%1 Margin 266 56 31%1 45 203 12 30%1 10%1 23 169 35 12 156 34 22 23 26 1 209 17 168 131 121 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2024 Q4 2024 Q1 2025 Q2 2025 1. YoY change Sales of Goods Revenue Software Li
Slide 17: Quarterly financial performance (continued)
Quarterly financial performance (continued) Adjusted EBITDA (USDm) Net loss (USDm) Adjusted EBITDA (16%) 4% （9%） （19%） Net (24%) (24%) (16%) （29%） Margin Margin 10 (5) (27) (14) (45) (30) (48) (33) Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2024 Q4 2024 Q1 2025 Q2 2025 All copyright shall belong to ECARX. N
Slide 18: Q&A
ecar >< Q&A
Slide 19: Appendix
ecar >< Appendix
Slide 20: Unaudited Condensed consolidated balance sheets
Unaudited Condensed consolidated balance sheets As of As of June As of As of June 30 December 31 30 December 31 (Unaudited) (Unaudited) (Unaudited) (Unaudited) Millions, except otherwise noted 2024 2025 2024 2025 US$ US$ US$ US$ ASSETS LIABILITIES Current assets Current liabilities Cash 44.3 86.2 Sh
Slide 21: Unaudited Condensed consolidated balance sheets
Unaudited Condensed consolidated balance sheets As of As of June December 31 30 (Unaudited) (Unaudited) Millions, except otherwise noted 2024 2025 US$ US$ SHAREHOLDERS' DEFICIT Ordinary Shares - - Additional paid-in capital 895.0 944.3 Treasury shares, at cost (1.0) (30.0) Accumulated deficit (1,124
Slide 22: Unaudited Consolidated statements of operations and comprehensive loss
Unaudited Consolidated statements of operations and comprehensive loss Three Months Ended June Six Months Ended June 30 30 (Unaudited) (Unaudited) Six Months Ended Three Months June 30 Ended June 30 2024 2025 2024 2025 (Unaudited) (Unaudited) US$ US$ US$ US$ Millions, except otherwise noted 2024 202
Slide 23: Unaudited Reconciliation of GAAP and Non-GAAP Results
Unaudited Reconciliation of GAAP and Non-GAAP Results We use adjusted EBITDA in evaluating our operating results and for financial and operational decision-making purposes. Adjusted EBITDA is defined as net loss excluding interest income, interest expense, income tax expenses, depreciation of proper
Slide 24: Thank you.
Thank you. ECARX Holdings, Inc. www.ecarxgroup.com ir@ecarxgroup.com All copyright shall belong to ECARX. No person shall copy or distribute any or all part of the content in any way. ECARX shall reserve the right to take legal action against such violations.