Financial Data and Key Metrics Changes - Gogoro generated over $25.7 million in operating cash flow, nearly doubling last year's level, and achieved approximately $21 million in operating expense savings compared to the same period in 2024 [4] - Adjusted EBITDA grew to $47 million over the first nine months of the year, a 25% increase over last year, with an adjusted gross margin of 19.3%, improving by 4.3 percentage points from 2024 [4] - Gross margin improved significantly to 12.2%, up from 5.4% in the same quarter last year, with non-IFRS gross margin reaching 22.2%, up 5.9 percentage points year over year [17] Business Line Data and Key Metrics Changes - Battery swapping service revenue grew 11.5% year over year to $38.9 million, driven by a subscriber base of 657,000 riders, up 5% year over year [13] - Hardware and other revenue was $38.7 million, down 25.5% year over year, primarily due to a 43.7% decline in vehicle sales volume [14] Market Data and Key Metrics Changes - Taiwan's overall two-wheeler market contracted to 196,000 units, the lowest third-quarter level in a decade, with motorcycle retail sales down roughly 9% year over year [16] - Consumer confidence is at its lowest point since early 2024, impacting discretionary spending [16] Company Strategy and Development Direction - Gogoro is focusing on operational efficiency, cost optimization, and product innovation to strengthen its foundation for future growth [4][8] - The company plans to launch three vehicle models in 2026, addressing multiple market segments and exceeding customer expectations [10] - Gogoro aims to achieve Energy network profitability in 2026, generate positive free cash flow from the Energy network business in 2027, and deliver sustained company-wide profitability in 2028 [29] Management's Comments on Operating Environment and Future Outlook - Management acknowledges the challenges in the current market but emphasizes the structural shift towards electrification and the company's readiness to capture future growth [17] - The company is confident in its ability to navigate near-term headwinds while executing for long-term value [8] - Management remains focused on delivering strong operational execution, continued cost discipline, and healthy cash generation [19] Other Important Information - Gogoro's product roadmap is expanding with the launch of the Easy and Easy 500 models, which are expected to lead their categories and contribute to sales volume and margin [6] - The company is developing a new generation of battery packs that will have greater density and lower costs, benefiting customers in cost-sensitive markets [11] Q&A Session Summary Question: What does Henry's appointment as official CEO mean for Gogoro's vision and priorities? - Henry emphasized the importance of fundamentals like products, technology, and execution, and expressed confidence in Gogoro's potential and the need for operational resilience [21][22] Question: What is the company's view on the stock decline following the reverse stock split? - Bruce noted that the decline is a near-term technical reaction and does not reflect the underlying fundamentals of the business, emphasizing the company's focus on long-term value and operational discipline [24][25]

Financial Data and Key Metrics Changes - Gogoro generated over $25.7 million in operating cash flow, nearly doubling last year's level [6] - Adjusted EBITDA grew to $47 million over the first nine months of the year, a 25% increase over last year [6] - Adjusted gross margin improved to 19.3%, an increase of 4.3 percentage points from 2024 [6] - Net loss narrowed to $14.9 million compared to $18.2 million in the same quarter last year [26] - Gross margin improved significantly to 12.2%, up from 5.4% in the same quarter last year [24] Business Line Data and Key Metrics Changes - Battery swapping service revenue grew 11.5% year-over-year to $38.9 million [17] - Hardware and other revenue was $38.7 million, down 25.5% year-over-year, primarily due to a 43.7% decline in vehicle sales volume [20] - The subscriber base for battery swapping reached 657,000 riders, up 5% year-over-year [18] Market Data and Key Metrics Changes - Taiwan's overall two-wheeler market contracted to 196,000 units, the lowest third quarter level in a decade [20] - Motorcycle retail sales, both gasoline and electric combined, were down roughly 9% year-over-year [22] - Consumer confidence is at its lowest point since early 2024 [22] Company Strategy and Development Direction - Gogoro is focusing on operational efficiency, cost optimization, and product innovation to strengthen its foundation [5][11] - The company plans to launch three new vehicle models in 2026, addressing multiple market segments [14] - Gogoro aims to achieve Energy network profitability in 2026, generate positive free cash flow from the Energy network business in 2027, and deliver sustained company-wide profitability in 2028 [42] Management's Comments on Operating Environment and Future Outlook - Management acknowledges the challenges in the current market but emphasizes the structural shift towards electrification [23] - The company is confident in its ability to navigate near-term headwinds while executing for long-term value [11] - Management remains cautious about near-term consumer demand but is optimistic about future growth opportunities [22][37] Other Important Information - Gogoro's product roadmap includes the launch of the Easy and Easy 500 models, which have been well received in the market [8] - The company is developing a new generation of battery packs that will be compatible with existing models and improve cost efficiency [15] Q&A Session Summary Question: What does Henry's appointment as official CEO mean for Gogoro's vision and priorities? - Henry emphasized the importance of operational resilience and focusing on sustainable long-term value while continuing to innovate [33][34] Question: What is the company's view on the stock decline following the reverse stock split? - Bruce noted that the decline is a near-term technical reaction and does not reflect the underlying fundamentals of the business [35][36]

Financial Data and Key Metrics Changes - Gogoro generated over $25.7 million in operating cash flow, nearly doubling last year's level, and achieved approximately $21 million in operating expense savings compared to the same period in 2024 [5][18] - Adjusted EBITDA grew to $47 million over the first nine months of the year, a 25% increase over last year, with an adjusted gross margin of 19.3%, improving by 4.3 percentage points from 2024 [5][18] - Gross margin improved significantly to 12.2%, up from 5.4% in the same quarter last year, with a non-IFRS gross margin reaching 22.2%, up 5.9 percentage points year over year [17][18] Business Line Data and Key Metrics Changes - Battery swapping service revenue grew 11.5% year over year to $38.9 million, driven by a subscriber base of 657,000 riders, up 5% year over year [14][18] - Hardware and other revenue, including vehicle and component sales, was $38.7 million, down 25.5% year over year, primarily due to a 43.7% decline in vehicle sales volume [15][18] Market Data and Key Metrics Changes - Taiwan's overall two-wheeler market contracted to 196,000 units, the lowest third-quarter level in a decade, with motorcycle retail sales down roughly 9% year over year [15][17] - Consumer confidence in Taiwan is at its lowest point since early 2024, impacting both gasoline and electric motorcycles [15][17] Company Strategy and Development Direction - Gogoro is focusing on operational efficiency, cost optimization, and product innovation to strengthen its foundation for future growth [5][8] - The company plans to launch three vehicle models in 2026, addressing multiple market segments and exceeding customer expectations [10] - Gogoro aims to achieve Energy network profitability in 2026, generate positive free cash flow from the Energy network business in 2027, and deliver sustained company-wide profitability in 2028 [32] Management's Comments on Operating Environment and Future Outlook - Management acknowledges the challenges in the current market but emphasizes the structural shift towards electrification and the company's readiness to capture that transition [17][18] - The company remains confident in its ability to deliver sustainable profitability, supported by operational improvements and a strong product portfolio [20][32] Other Important Information - Gogoro is developing a new generation of battery packs that will have greater density, improved manufacturability, and lower costs, compatible with existing battery packs [12] - The company is investing in vehicle, battery, and ecosystem developments to capitalize on the momentum of electrification [9] Q&A Session Summary Question: What does Henry's appointment as official CEO mean for Gogoro's vision and priorities? - Henry emphasized the importance of operational resilience and focusing on sustainable long-term value while continuing to innovate in products and technology [22][24] Question: Concerns regarding stock decline after the reverse stock split? - Management noted that the stock decline is a typical short-term reaction and does not reflect the underlying fundamentals of the business, expressing confidence in future growth opportunities [27][28]

ne gogolo. ANNIVERSARY Q3 2025 Investor Presentation NOV 11, 2025 Henry Chiang Chief Executive Officer Gogoro® Q3 2025 Investor Presentation Bruce Aitken Chief Financial Officer 2 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 27E of the Securities Echance Forward-looking statements generally relate to future events or Gogor's tuture imancial or coerating performance. In some ...

Third Quarter 2025 Business Update and Outlook Third Quarter 2025 Financial Summary "Over the past few quarters, we've right-sized and streamlined our operations, boosting agility and focus across our supply chain, inventory turnover and cash conversion cycle, all to drive our mission forward and deliver lasting value for the cities we serve, our customers, and our shareholders." said Henry Chiang, CEO of Gogoro. "The benefits of our strong operational foundation are evident: stronger cash generation, impro ...

more press release views with Request a Demo Also from this source Gogoro Announces 1-for-20 Share Consolidation Accessibility StatementSkip Navigation TAIPEI, Nov. 4, 2025 /PRNewswire/ -- Gogoro® Inc. (Nasdaq: GGR), a global technology leader in battery swapping ecosystems that enable sustainable mobility solutions for cities, today announced that it will release its financial results for the third quarter ended September 30, 2025, before markets open on November 11, 2025. Gogoro's management team will ho ...

Core Insights - Gogoro Inc. has appointed Henry Chiang as the official CEO, effective immediately, after serving as interim CEO since September 2024 [1][2] - The board believes Henry's leadership will drive Gogoro's turnaround and align with the company's growth strategy [2] - Under Henry's interim leadership, Gogoro improved operating cash flow from $4.8 million in H1 2024 to $15.2 million in H1 2025, while reducing operating expenses by approximately $11 million year-over-year [2] Company Performance - Gogoro expects to achieve profitability on a non-IFRS basis in its energy business by 2026 and in its vehicle business by 2028 [2] - The company plans to generate free cash flow from energy operations in 2027 [2] - In 2025, Gogoro launched three new electric scooter models: Pulse STARLUX, EZZY, and EZZY 500, enhancing its market position [2] Leadership and Strategy - Henry Chiang has a strong background in the industry, previously leading GoShare and launching customer engagement initiatives at Gogoro [2] - His leadership has focused on operational efficiency, innovation in urban mobility, and expanding Gogoro's global footprint through partnerships in Vietnam and Latin America [2][3] - Gogoro aims to leverage its brand popularity to re-establish financial success while continuing to deliver innovative products [2]

Core Viewpoint - Gogoro Inc. will implement a 1-for-20 share consolidation effective October 6, 2025, to increase the per-share trading price and regain compliance with Nasdaq's minimum bid price requirement [1][2]. Share Consolidation Details - The share consolidation ratio was approved by shareholders on May 28, 2025, allowing a range from no consolidation to 1-for-100, with the final decision made by the Board of Directors on September 16, 2025 [2]. - No fractional shares will be issued; any resulting fractions will be canceled and returned to the pool of authorized but unissued shares [2]. - Outstanding warrants and other equity rights will be proportionately adjusted, with the exercise price of public warrants set to $230 per share and total shares reduced to 862,500 [3]. Impact on Shareholders - The share consolidation will uniformly affect all shareholders, maintaining their percentage ownership interest, except for those with fractional interests [4]. - Registered shareholders will not need to take action to receive split-adjusted shares, as adjustments will be made automatically for those holding shares through brokers or other organizations [5]. Company Background - Gogoro, founded in 2011, focuses on sustainable urban mobility solutions through battery swapping ecosystems and has received multiple accolades for innovation and sustainability [7].

Core Insights - Gogoro Inc. announced that Mr. Yin Chung Yao, a director and affiliate of the largest shareholder, will procure equity investments totaling NTD$2,500 million by December 31, 2026 [1] - The company is in discussions with lenders regarding a potential amendment to a syndicated credit facility agreement, which includes a 5-year term loan of NT$10,700 million [2] - There is no assurance that any amendments to the loan facility or equity investments will materialize, as these are subject to further negotiations and approvals [3] Company Overview - Gogoro, founded in 2011, focuses on sustainable urban mobility solutions through battery swapping ecosystems [4] - The company has received multiple recognitions, including being named a "Change the World 2024" company by Fortune and "Asia-Pacific's Most Innovative Company of 2024" by Fast Company [4] - Gogoro aims to disrupt traditional urban energy distribution and consumption, leveraging innovation in vehicle design, electric propulsion, and smart battery technology [4]

Financial Data and Key Metrics Changes - Operating cash flow increased significantly from $4.8 million in 2024 to $15.2 million in 2025, reflecting effective cost savings initiatives [6] - Adjusted EBITDA rose to $12.5 million, a 4.2% increase from $12 million in the same quarter last year [16] - Non-IFRS gross margin improved to 17%, up from 13.5% in the same quarter last year [15] Business Line Data and Key Metrics Changes - Revenue from the battery swapping business reached $37.6 million, an 8.5% year-over-year increase [10] - Sales of hardware and other revenue decreased by 39.1% year-over-year to $28.2 million, primarily due to a decline in vehicle sales volume [13] - Total subscribers increased to 648,000, up 7% from 608,000 in the same quarter last year [11] Market Data and Key Metrics Changes - The overall two-wheeler market in Taiwan decreased by 11% compared to the same quarter last year, marking the lowest Q2 performance in three years [14] - Consumer confidence in Taiwan has slipped to its lowest point since April 2024, influenced by macroeconomic uncertainties [14] Company Strategy and Development Direction - The company is focused on strategic streamlining of products and solutions, aiming for long-term financial objectives including energy breakeven in 2026 and vehicle business profitability in 2028 [9][19] - Continued investment in battery upgrades and network infrastructure is seen as essential for growth, with expectations of breakeven in the battery business by 2026 [27][28] - The company is actively engaging with government officials to advocate for more aggressive subsidies and regulatory measures to accelerate electrification [23][24] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the challenges posed by macroeconomic trends and consumer sentiment but remains optimistic about the second half of the year [15][19] - The company anticipates a seasonal pickup in sales and expects to meet the low end of its revenue guidance for the year, estimating full-year revenue between $295 million and $315 million [18] - Management believes the current market valuation does not reflect the fundamental value of the business and is committed to improving performance [8] Other Important Information - A new vehicle, the EZ, was launched at a price of approximately $910 after government subsidies, with strong demand anticipated [12] - The company has drawn down a $1 billion loan to enhance liquidity and strengthen its financial structure [17] Q&A Session Summary Question 1: Government's plans for aggressive subsidy programs to accelerate electrification - Management acknowledged the gap between policy ambitions and current adoption rates, indicating ongoing discussions with the government for potential subsidies and regulatory measures [22][23] Question 2: Investment cycle and expectations for net cash flow - Management confirmed that current investments in network infrastructure are critical for growth, with expectations for gradual improvement in gross margins and breakeven in the battery business by 2026 [26][27] Question 3: Update on the joint venture with Castrol in Vietnam - Management reported strong progress in the partnership, with plans for a pilot towards the end of the year and a full launch in 2026, although immediate revenue is not expected [30][31]