Financial Data and Key Metrics Changes - Total revenue in Q4 2024 was $0.1 million, down from $0.35 million in Q4 2023. For the full year 2024, total revenue was $0.8 million compared to $1.5 million in 2023 [17] - Gross margin loss for Q4 2024 was $0.2 million, consistent with Q4 2023. The full year gross margin loss for 2024 was $0.8 million compared to a break-even gross margin in 2023 [18] - Operating loss for Q4 2024 was $12.8 million, compared to a loss of $12.1 million in Q4 2023. The full year operating loss totaled $49.7 million, up from $46.9 million in 2023 [21] - Net loss in Q4 2024 was $12.2 million, compared to a net loss of $9.3 million in Q4 2023. The full year net loss for 2024 was $49.3 million, compared to a loss of $43.5 million in 2023 [21] Business Line Data and Key Metrics Changes - The company reported a backlog of $0.3 million as of December 31, 2024 [18] - R&D expenses for Q4 2024 were $9 million, up from $8.4 million in Q4 2023. Full year R&D expenses were $35.1 million compared to $34.1 million in 2023 [20] Market Data and Key Metrics Changes - The company highlighted significant opportunities in the non-automotive market, particularly through collaborations with companies like Sensrad and Tianyi Transportation Technology [12] - The company anticipates shipping around 5 million imaging radar chipsets by 2030 based on current engagements [13] Company Strategy and Development Direction - The company is focused on advancing radar technology and has established collaborations with major players like NVIDIA and HiRain Technologies to enhance vehicle safety and autonomy [7][8] - The company aims to pursue four design-ins with automakers in 2025, with projected annual revenue expected to be between $2 million and $5 million, weighted towards the end of the year [25] Management's Comments on Operating Environment and Future Outlook - Management noted that while broader economic shifts have led to delays in automakers' rollout of advanced driver assist systems, the total addressable market continues to expand [24] - The company expressed confidence in its market potential, supported by recent fundraising initiatives totaling nearly $17 million [15] Other Important Information - As of December 31, 2024, the company had $24.6 million in cash and equivalents. Following a recent fundraising round, the current cash balance is approximately $73 million [23][35] Q&A Session Summary Question: What programs are expected to drive $1 million-plus revenue quarters towards the end of 2025? - Management identified three leading projects in final stages: Tianyi (non-automotive), trucks in Europe, and a project with HiRain for a Chinese car manufacturer, expecting to start shipping chips upon full production [31] Question: What is the current cash balance and share count post-fundraising? - The current cash balance is above $70 million, approximately $73 million, with a share count of 85.7 million [35][38] Question: Can you provide an update on the China EV market opportunity? - The company noted that Chinese car manufacturers are focusing on launching self-driving services and are looking for radar solutions to enhance their capabilities [39] Question: What is the status of discussions with OEMs? - Management indicated that evaluations with OEMs are in final stages, with the company shortlisted against one or two competitors, highlighting advantages in performance and pricing [45] Question: What is the outlook for operating expenses over the next few years? - The company expects operating expenses to remain similar in the next couple of years, with additional investments in next-generation technologies projected to increase expenses by $5 million to $15 million [47]

Financial Performance (Q4 2024 vs Q4 2023) - Q4 Revenue increased from $0.35 million to $0.1 million[5] - Q4 Gross Margin Loss remained at ($0.2) million[8] - Q4 Operating Expenses increased from $8.4 million to $9 million[11] - Q4 Net Loss increased from ($9.3) million to ($12.2) million[14] Financial Performance (FY 2024 vs FY 2023) - Yearly Revenue increased from $0.8 million to $1.5 million[5] - Yearly Gross Margin Loss decreased from ($0.8) million to ($0.0) million[8] - Operating Expenses increased from $34.1 million to $35.1 million[11] - Operating Loss increased from ($46.9) million to ($49.6) million[11] - Net Loss increased from ($43.5) million to ($49.3) million[14] Balance Sheet & Guidance - Cash and cash equivalents & bank deposits stand at $24.6 million as of December 31, 2024[17] - The company projects Adjusted EBITDA between ($29) million and ($35) million for 2025[22]

Financial Data and Key Metrics Changes - Total revenue in Q4 2024 was $0.1 million, a decrease from $0.35 million in Q4 2023. For the full year 2024, total revenue was $0.8 million compared to $1.5 million in 2023 [17] - Gross margin loss for Q4 2024 was $0.2 million, consistent with Q4 2023. The full year gross margin loss for 2024 was $0.8 million compared to a break-even gross margin in 2023 [18] - Operating loss for Q4 2024 was $12.8 million, compared to a loss of $12.1 million in Q4 2023. The full year operating loss totaled $49.7 million, up from $46.9 million in 2023 [21] - Net loss in Q4 2024 was $12.2 million, compared to a net loss of $9.3 million in Q4 2023. The full year net loss for 2024 was $49.3 million, compared to a loss of $43.5 million in 2023 [21] Business Line Data and Key Metrics Changes - The company reported a backlog of $0.3 million as of December 31, 2024 [18] - R&D expenses for Q4 2024 were $9 million, up from $8.4 million in Q4 2023. For the full year, R&D expenses totaled $35.1 million compared to $34.1 million in 2023 [20] Market Data and Key Metrics Changes - The company highlighted significant opportunities for growth in the non-automotive market, particularly through collaborations with key partners [12] - The company expects to ship around 5 million imaging radar chipsets to customers by 2030 based on current engagements [13] Company Strategy and Development Direction - The company is focused on driving radar technology evolution and enhancing customer relationships, with a commitment to innovation [5][6] - Collaborations with major players like NVIDIA and partnerships with top global auto OEMs are central to the company's strategy [7][8] - The company aims to pursue four design-ins with automakers in 2025, with projected annual revenue between $2 million to $5 million [24] Management's Comments on Operating Environment and Future Outlook - Management noted that while broader economic shifts have led to delays in automakers' rollout of advanced driver assist systems, the total addressable market continues to expand [24] - The company remains optimistic about its market potential, supported by recent fundraising initiatives totaling nearly $17 million [15][23] Other Important Information - The company raised gross proceeds of $54.5 million in January 2025, enhancing its financial stability [23] - The company maintains a strong focus on R&D to ensure continuous innovation and technological advancements [20] Q&A Session Summary Question: What programs are expected to drive $1 million-plus revenue quarters towards the end of 2025? - Management identified three leading projects in final stages: Tianyi (non-automotive), trucks in Europe, and a collaboration with HiRain for a Chinese car manufacturer [31] Question: What is the current cash balance and share count post-fundraising? - The current cash balance is approximately $73 million, with a share count of 85.7 million [35][38] Question: Can you provide an update on the China EV market opportunity? - The company noted that Chinese car manufacturers are focusing on launching self-driving services and are looking for radar solutions to enhance their offerings [39] Question: What is the status of discussions with OEMs? - Management indicated that evaluations with OEMs are in final stages, with the company shortlisted against one or two competitors [44] Question: What is the expected operating expense trajectory over the next few years? - The company expects operating expenses to remain similar over the next few years, with additional investments in next-generation technologies [47]

分组1 - Arbe Robotics Ltd. reported a quarterly loss of $0.11 per share, which was worse than the Zacks Consensus Estimate of a loss of $0.10, marking a surprise of -10% [1] - Over the last four quarters, Arbe Robotics has surpassed consensus EPS estimates only once [2] - Industrial Tech Acquisitions posted revenues of $0.1 million for the quarter ended December 2024, missing the Zacks Consensus Estimate by 67%, compared to year-ago revenues of $0.35 million [2] 分组2 - The stock of Industrial Tech Acquisitions has declined approximately 10.8% since the beginning of the year, while the S&P 500 has decreased by -1.8% [3] - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] - The estimate revisions trend for Industrial Tech Acquisitions is currently favorable, resulting in a Zacks Rank 2 (Buy) for the stock, indicating expected outperformance in the near future [6] 分组3 - The current consensus EPS estimate for the upcoming quarter is -$0.09 on $0.5 million in revenues, and -$0.35 on $7 million in revenues for the current fiscal year [7] - The Technology Services industry is currently ranked in the top 28% of over 250 Zacks industries, suggesting that stocks in the top 50% outperform those in the bottom 50% by more than 2 to 1 [8] 分组4 - MeridianLink, another company in the same industry, is expected to report quarterly earnings of $0.07 per share, reflecting a year-over-year change of +124.1% [9] - MeridianLink's revenues are anticipated to be $78.04 million, which is a 4.6% increase from the year-ago quarter [10]

Core Insights - Arbe Robotics Ltd. reported financial results for Q4 and full year 2024, highlighting a decrease in revenues and net losses, while also emphasizing successful fundraising efforts to strengthen its financial position [1][6][9]. Financial Performance - Q4 2024 revenues were $0.1 million, down from $0.35 million in Q4 2023, with full year revenues at $0.8 million compared to $1.5 million in 2023 [6]. - The net loss for Q4 2024 was $12.2 million, compared to a net loss of $9.3 million in Q4 2023, while the full year net loss was $49.3 million, up from $43.5 million in 2023 [9][20]. - Operating expenses in Q4 2024 were $12.6 million, an increase from $11.9 million in Q4 2023, with full year operating expenses totaling $48.9 million compared to $46.8 million in 2023 [8][20]. Capital and Fundraising - Arbe successfully raised approximately $70 million through various fundraising initiatives, including a $33 million underwritten registered direct offering and $15 million from a public offering [2][10][12]. - The company’s improved liquidity position is expected to enhance its ability to execute on its growing RFI and RFQ pipeline [5][12]. Market Demand and Collaborations - There is increasing interest in Arbe's radar technology from automotive leaders and emerging verticals, with the company actively engaging with 15 OEMs, 11 of which have advanced to the bid stage [3][10]. - Collaborations include partnerships with Zenseact for AI-driven safety solutions, a leading European truck manufacturer for self-driving technology, and NVIDIA for enhanced radar capabilities [10]. Future Outlook - The total addressable market for Arbe's imaging radar technology is expected to expand, with projections to ship approximately 5 million chipsets by 2030 [4]. - For 2025, annual revenues are anticipated to be between $2 million and $5 million, with a focus on the latter part of the year [18].

Company Overview - Arbe Robotics Ltd. is a global leader in perception radar solutions, focusing on enabling safe driver-assist systems and paving the way for full autonomous driving [2] - The company's radar technology is 100 times more detailed than any other radar on the market, making it a critical sensor for L2+ and higher autonomy [2] - Arbe is based in Tel Aviv, Israel, with additional offices in China, Germany, and the United States, and is a key player in the fast-growing automotive radar market [2] Upcoming Events - Kobi Marenko, the CEO of Arbe, will participate in a fireside chat at the 37th Annual Roth Conference on March 17, 2025, in Dana Point, CA [1] - The chat will be moderated by Suji Desilva, a Roth Senior Research Analyst, and is scheduled for 10:00 am PDT [1] - Investors interested in meeting with Arbe's management during the conference can contact their Roth representative [1]

Group 1 - Arbe Robotics Ltd. (ARBE) is currently outperforming its peers in the Business Services sector, with a year-to-date gain of approximately 7% compared to the sector average of 6.5% [4] - The Zacks Rank for Arbe Robotics Ltd. is 2 (Buy), indicating a positive outlook based on earnings estimates and revisions [3] - Over the past three months, the consensus estimate for ARBE's full-year earnings has increased by 10.3%, reflecting improving analyst sentiment [3] Group 2 - Arbe Robotics Ltd. belongs to the Technology Services industry, which has 152 stocks and is currently ranked 74 in the Zacks Industry Rank [5] - The average gain for the Technology Services industry so far this year is 8.5%, indicating that ARBE is slightly underperforming its industry [5] - Another stock in the Business Services sector, DLocal (DLO), has significantly outperformed with a year-to-date increase of 24.3% [4][6]

Company Overview - Arbe Robotics Ltd. is a global leader in perception radar solutions, focusing on enabling safe driver-assist systems and paving the way for full autonomous driving [3] - The company's radar technology is reported to be 100 times more detailed than any other radar on the market, making it a critical sensor for L2+ and higher autonomy [3] - Arbe is headquartered in Tel Aviv, Israel, with additional offices in China, Germany, and the United States [3] Investor Engagement - Management of Arbe Robotics will participate in investor conferences in February, providing opportunities for one-on-one virtual meetings with investors [1] - Specific conferences include the Oppenheimer 10th Annual Emerging Growth Conference on February 25 and the Canaccord Sustainability Summit on February 26, both in virtual formats [5]

Company Overview - Arbe Robotics Ltd. is a global leader in perception radar solutions, focusing on enabling safe driver-assist systems and paving the way for full autonomous driving [5] - The company's radar technology is reported to be 100 times more detailed than any other radar on the market, making it a critical sensor for L2+ and higher autonomy [5] - Arbe is headquartered in Tel Aviv, Israel, with additional offices in China, Germany, and the United States [5] Upcoming Financial Events - Arbe Robotics will hold its fourth quarter and full year 2024 conference call on March 5, 2025, at 8:30 a.m. Eastern Time, with financial results to be issued before the market opens on the same day [1] - The conference call will feature Kobi Marenko, Co-Founder and CEO, and Karine Pinto-Flomenboim, CFO [2] Accessing the Conference Call - Participants can access the live call via telephone with specific numbers provided for US, Israel, and international callers [2] - A telephonic replay will be available until March 19, 2025, with specific dial-in numbers for US and international listeners [3] - A live webcast of the call can be accessed through Arbe's investor relations website, and an archived version will be available post-call [4]

Offering Details - Arbe Robotics priced an underwritten offering of 8,984,375 ordinary shares at $3.20 per share, with estimated gross proceeds of approximately $29 million before deductions [1][2] - The underwriters have a 30-day option to purchase up to an additional 1,347,656 ordinary shares at the public offering price, less discounts and commissions [2] - The offering is expected to close on or about January 8, 2025, subject to customary closing conditions [2] - Canaccord Genuity is acting as the sole bookrunner for the offering [3] Use of Proceeds - The net proceeds from the offering are intended to be used for working capital and general corporate purposes [2] Company Overview - Arbe Robotics is a global leader in Perception Radar Solutions, enabling safe driver-assist systems and paving the way for full autonomous-driving [6] - The company's radar technology is 100 times more detailed than any other radar on the market and is critical for L2+ and higher autonomy [6] - Arbe empowers automakers, Tier 1 suppliers, autonomous ground vehicles, commercial and industrial vehicles, and various safety applications with advanced sensing and perception technologies [6] - The company is based in Tel Aviv, Israel, with offices in China, Germany, and the United States [6] Regulatory Information - The securities are being offered pursuant to a registration statement on Form F-3 (File No 333-269235), originally filed on January 13, 2023, and declared effective by the SEC on February 24, 2023 [4] - The offering is made only by means of a prospectus and a prospectus supplement, which forms part of the effective registration statement [4] - Electronic copies of the final prospectus, when available, can be obtained from the SEC's website or by contacting Canaccord Genuity LLC [4]