Arbe Robotics Ltd. · NASDAQ:ARBE
Arbe Robotics — Q2 2022 Earnings Presentation
15 slides from Arbe Robotics's earnings presentation, 2022
Slide 1: Q2 2022 Earnings
Radar Revolution. Delivered. Q2 2022 Earnings
Slide 2: Disclaimer
v Disclaimer This presentation contains certain “forward-looking statements” within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, both as amended by the Private Securities Litigation Reform Act of 1995. The words “expect,” “believe,” “estimate,” “intend,” “plan,”
Slide 3: Business Update Q2 2022
v Radar Revolution. Delivered. v v Business Update Q2 2022
Slide 4: Launched Lynx Surround Imaging Radar
Launched Lynx Surround Imaging Radar 360° long-range, high-resolution sensing Designed as a corner and back radar for at an affordable price L2+ and above (4-6 radars per vehicle) Applicable as a front radar for ADAS The first surround radar able to enhance perception and sensor fusion L4 12.7 cm L2
Slide 5: Secured Quality & Capacity for Mass Production
Secured Quality & Capacity for Mass Production Significant progress achieved with GlobalFoundries: Completed the chipset testing setup toward mass production of Arbe’s chipset Delivered the first significant customer samples shipment Signed a long-term manufacturing agreement with Arbe Guaranteed su
Slide 6: HiRain Technologies Undertakes Projects Based on Arbe's Chipset
HiRain Technologies Undertakes Projects Based on Arbe’s Chipset Leading Chinese ADAS Tier-1 supplier Undertaking major OEM and autonomous driving projects with imaging radars based on Arbe’s chipset Expects to reach full mass production by 2023 6
Slide 7: Customer Engagements
Customer Engagements Increase in Engagements Engagements Summary 15 6 from 35 37 to Passenger vehicles RoboTaxis 6 5 Trucks and heavy Non-automotive machinery OEMs Level 2+ New Mobility Players Level 4 3 2 Delivery robots Perception 7
Slide 8: Tier 1 – Q2 Progress
Tier 1 – Q2 Progress Tier 1s develop radar systems based on Arbe’s chipset: Shortlisted for 8 RFPs & RFQs 7.5B$ Potential Revenue 5 RFPs & RFQs Submitted by Tier 1s 400K to 1M 8
Slide 9: Driving the Radar Revolution
Driving the Radar Revolution v The shift to production and execution, the launch of a new product, and significant customer progress position Arbe ahead of v v the rest of the industry. 9
Slide 10: Financial Results Q2 2022
Radar Revolution. Delivered. Financial Results Q2 2022
Slide 11: Revenue
Revenue v Revenue ($M) Gross Margin 72.8% 1.2 31.9% v v 0.5 Q2 2021 Q2 2022 Q2 2021 Q2 2022 11
Slide 12: Profitability
Profitability v Expenses ($M) Net Loss ($M) Adjusted EBITDA ($M)* Includes Includes 13.0 $3.9M ($0.5M( financial financial -2.7 expenses income -3.3 -3.7 -4.1 v v -6.4 6.9 -8 -8.6 -9.5 -10.6 -11.6 -12 9.5 5.8 Q2 2021 Q2 2022 Q2 2021 Q2 2022 Q2.20 Q3.20 Q4.20 Q1.21 Q2.21 Q3.21 Q4.21 Q1.22 Q2.22 R&D *
Slide 13: Balance Sheet | June 30, 2022
Balance Sheet | June 30, 2022 v $71.3M v v Cash and cash equivalents No debt 13 13
Slide 14: Guidance
Guidance v $7M-11M On track to reach our Revenue $312M Heavily weighted toward the end of 2022 v v revenue goal for 2025 ($34M)-($38M) Adjusted EBITDA* * Adjusted EBITDA - a Non-GAAP measurement, which excludes expenses for non-cash share-based compensation and for non-recurring items 14
Slide 15: Thank You
v Radar Revolution. Delivered. Thank v v You investors@arberobotics.com 15