Gogoro Inc. · NASDAQ:GGR
Gogoro — Q3 2024 Earnings Presentation
22 slides from Gogoro's earnings presentation, Nov 14, 2024
Slide 1: Q3 2024 Investor Presentation
gogor/o Q3 2024 Investor Presentation NOVEMBER 14, 2024
Slide 2: Henry Chiang, Bruce Aitken
Henry Chiang Bruce Aitken Interim CEO Chief Financial Officer Gogoro ® Q3 2024 - Investor Presentation
Slide 3: Disclaimer: Forward-Looking Statements
DISCLAIMER Forward-Looking Statements This presentation contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements generally relate to future events or
Slide 4: Disclaimer: Use of Non-IFRS Financial Measures
DISCLAIMER Use of Non-IFRS Financial Measures This presentation and accompanying tables contain certain non-IFRS financial measures including foreign exchange effect on operating revenues, non-IFRS gross profit, non-IFRS gross margin, non-IFRS net loss, EBITDA and adjusted EBITDA. Foreign exchange (
Slide 5: Disclaimer
DISCLAIMER We voluntarily offered one-time subscription fee discounts to certain subscribers of Gogoro Network who experienced unusual and infrequent service inconveniences associated with a minor voluntary vehicle recall and battery upgrade, and such battery swapping service rebates are recorded as
Slide 6: GGR
Slide 7: Tamon Tseng, Henry Chiang
Tamon Tseng Henry Chiang ~ Chairman of the Board Interim CEO Gogoro ® Q3 2024 - Investor Presentation
Slide 8: Riding Towards a New Phase
RIDING TOWARDS A’ NEW PHASE | ' i I | Gagoro * @3 2024 ~ Investor Presentation. 6 . 2g res
Slide 9: Next Chapter of Gogoro
Slide 10: Controlling Costs & Growing Revenue Through Future Investments
CONTROLLING COSTS & GROWING REVENUE THROUGH FUTURE INVESTMENTS Gogoro ® Q3 2024 - Investor Presentation
Slide 11: Annual E-Scooter Community Event
ANNUAL E-SCOOTER COMMUNITY EVENT#« Rs “fe se, ii) A i N =
Slide 12: Castrol Gogoro
Castrol Qogero Gogoro ® Q3.2024 - Investor Presentation
Slide 13: Q3 2024
Q3 2024 on zr 2 n lu [a4 | < o) Zz < 2 LL Gogoro ® Q3 2024 - Investor Presentation
Slide 14: Taiwan: Market Status Update
TAIWAN: MARKET STATUS UPDATE TOTAL RIDING DISTANCE 11.3 Billion Kilometers NETWORK SUBSCRIBERS MARKET SHARE Q3 2023 Q3 2024 626,000* 6.3%" 7.2%* Gogoro vs Total Vehicles Sold Gogoro vs Total Vehicles Sold (15,302 units) (15,551 units) Q3 2024 VEHICLE REGISTRATION 74%* 65%* 21 5,21 1 2 3,837" Gogoro
Slide 15: Non-IFRS Revenue, Gross Margin, Net Loss
Non-IFRS* Revenue Gross Margin % Net Loss $86.9m 5.4% $18.2m Vv 5.3% vor 12.9% vor \ $15.1M vor
Slide 16: Updated 2024 Guidance
UPDATED 2024 GUIDANCE 2024 REVENUE $305m - $315 GUIDANCE
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Slide 18: Gogoro ® Q3 2024 - Investor Presentation 18
Gogoro ® Q3 2024 - Investor Presentation 18
Slide 19: Appendix
Appendix Gogoro ® Q3 2024 - Investor Presentation 19
Slide 20: Reconciliation of IFRS Financial Metrics to Non-IFRS
Reconciliation of IFRS Financial Metrics to Non-IFRS Reconciliation of Constant Currency (unaudited) (in thousands of US. dollars) Three Months Ended September 30, 2024 2023 Revenue Revenue excluding FX IFRS Revenue FX Effect excluding FX IFRS revenue IFRS revenue effect YoY . effect YoY change % ch
Slide 21: Reconciliation of IFRS Financial Metrics to Non-IFRS
Reconciliation of IFRS Financial Metrics to Non-IFRS Reconciliation of Gross Profit and Gross Margin to Non-IFRS Gross Profit and Gross Margin (unaucite) (in thousands of U.S. dollars) Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Gross profit and gross margin
Slide 22: Reconciliation of IFRS Financial Metrics to Non-IFRS
Reconciliation of IFRS Financial Metrics to Non-IFRS Reconciliation of Net Loss to EBITDA and Adjusted EBITDA (unaudited) (in thousands of US. dollars) Net loss Interest expense, net Depreciation and amortization EBITDA Share-based compensation Change in fair value of financial liabilities Battery u