Gogoro Inc. (NASDAQ:GGR) Q3 2023 Earnings Conference Call November 16, 2023 7:00 AM ET Company Participants Bruce Aitken - Chief Financial Officer Horace Luke - Chief Executive Officer Michael Bowen - ICR, IR Conference Call Participants Operator Welcome to the Gogoro Inc. 2023 Q3 Earnings Call. These sessions will be recorded. I would like to introduce Bruce Aitken, CFO of Gogoro, who will kick us off. Bruce Aitken Thanks, Operator, and thanks to everyone for taking the time to join us today. I’m Bruce Ait ...

Exhibit 99.1 Gogoro Releases Third Quarter 2023 Financial Results TAIPEI, Taiwan, November 16, 2023 – Gogoro Inc. (Nasdaq: GGR), a global technology leader in battery swapping ecosystems that enable sustainable mobility solutions for cities, today released its financial results for its third quarter ended September 30, 2023. Third Quarter 2023 Summary ▪ Revenue of $91.8 million, down 10.2% year-over-year and down 6.5% on a constant currency basis; ▪ Battery swapping service revenue of $33.6 million, up 10.4 ...

Gogoro Inc. (NASDAQ:GGR) Q2 2023 Earnings Conference Call August 10, 2023 8:00 AM ET Company Participants Bruce Aitken - Chief Financial Officer Michael Bowen - ICR Horace Luke - Chief Executive Officer Conference Call Participants Angelina Chen - JPMorgan Operator Welcome to the Gogoro Inc. 2023 Q2 Earnings Call. This session will be recorded. I’d like to introduce Bruce Aitken, CFO of Gogoro who will kick us off. Bruce Aitken Thanks, operator, and thanks to everyone for taking the time to join us today. I ...

Exhibit 99.1 Gogoro Releases Second Quarter 2023 Financial Results TAIPEI, Taiwan, August 10, 2023 – Gogoro Inc. (Nasdaq: GGR), a global technology leader in battery swapping ecosystems that enable sustainable mobility solutions for cities, today released its financial results for its second quarter ended June 30, 2023. Second Quarter 2023 Summary • Revenue of $87.2 million, down 3.8% year-over-year and up 0.2% on a constant currency basis • Battery swapping service revenue of $33.3 million, up 9.6% year-ov ...

Gogoro Inc. (NASDAQ:GGR) Q1 2023 Earnings Conference Call May 11, 2023 8:00 AM ET Company Participants Bruce Aitken – Chief Financial Officer Michael Bowen – ICR Horace Luke – Chief Executive Officer Conference Call Participants Alice Chan – UBS Operator Welcome to the Gogoro Inc. 2023 Q1 Earnings Call. This session will be recorded. I’d like to introduce Bruce Aitken, CFO of Gogoro who will kick us off. Bruce Aitken Thanks, operator, and thanks to everyone for taking the time to join us today. I’m Bruce Ai ...

Exhibit 99.1 Gogoro Releases First Quarter 2023 Financial Results TAIPEI, Taiwan, May 11, 2023 – Gogoro Inc. (Nasdaq: GGR), a global technology leader in battery swapping ecosystems that enable sustainable mobility solutions for cities, today released its financial results for its first quarter ended March 31, 2023. • First quarter revenue of $79.3 million, down 16.0% year-over-year and down 8.8% on a constant currency basis • First quarter battery swapping revenue of $32.3 million, up 9.8% year-over-year a ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ___________________________ FORM 20-F ___________________________ (Mark One) o REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022. OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 o SHELL COMPANY R ...

Gogoro Inc. (NASDAQ:GGR) Q4 2022 Earnings Conference Call February 16, 2023 7:00 AM ET Company Participants Bruce Aitken - CFO Michael Bowen - ICR Horace Luke - CEO Conference Call Participants Operator Welcome to the Gogoro Inc. Q4 Earnings Call. This session will be recorded. I'd like to introduce Bruce Aitken, CFO of Gogoro who will kick us off. Thank you. Bruce Aitken Thanks operator and thanks to everyone for taking the time to join us today. I'm Bruce Aitken, CFO of Gogoro, and I'm pleased to welcome ...

Q4 2022 Investor Presentation FEB 16, 2023 Horace Luke Founder, CEO and Chairman Bruce Aitken Chief Financial Officer Gogoro ® Q4 2022 – Investor Presentation 2 DISCLAIMER Forward-Looking Statements: This communication 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 Gogoro's future financial or operating performan ...

Financial Performance - Fourth quarter revenue was $95.5 million, down 20.8% year-over-year, while full year revenue reached $382.8 million, up 4.6% year-over-year[1][2][3] - Fourth quarter net loss was $12.5 million, an improvement from a net loss of $14.2 million in the same quarter last year; full year net loss was $98.9 million, up from $67.4 million[7][8] - Adjusted EBITDA for the fourth quarter was $9.2 million, down from $25.5 million year-over-year; full year adjusted EBITDA was $41.2 million, down from $54.9 million[9] - Gross margin for the fourth quarter was 15.0%, down from 21.0% in the same quarter last year; full year gross margin was 15.1%, down from 16.7%[4][6] - The net loss for the twelve months ended December 31, 2022, was $98,908 thousand, compared to a net loss of $67,362 thousand in 2021, reflecting an increase in losses of 46.9%[35] - Operating revenue for the year was $382,826 thousand, reflecting a year-over-year increase of 4.6% from $366,009 thousand in 2021[41] Revenue Sources - Fourth quarter network revenue was $31.4 million, up 19.5% year-over-year, with total subscribers exceeding 526,000, a 16.8% increase from the previous year[2][3] - The Gogoro network generated $121,660 thousand in revenue, with a year-over-year growth of 22.2% from $99,587 thousand[41] Cash and Assets - The company has a cash balance of $236.1 million at the end of 2022 and extended a $200 million credit facility to December 2025, positioning itself well for future investments[10] - Gogoro's cash and cash equivalents increased to $236,100 thousand as of December 31, 2022, up from $217,429 thousand in 2021, marking an increase of 8.6%[31] - Gogoro's total current assets as of December 31, 2022, were $397,905 thousand, an increase of 11.2% from $358,030 thousand as of December 31, 2021[31] Expenses and Liabilities - Research and development expenses increased to $12,369 thousand for the three months ended December 31, 2022, compared to $8,802 thousand in the same period of 2021, representing a rise of 40.5%[35] - Total liabilities decreased to $574,449 thousand as of December 31, 2022, down from $720,687 thousand in 2021, indicating a reduction of 20.3%[31] Future Outlook - The company expects 2023 revenue to be between $400.0 million and $450.0 million, representing an anticipated increase of 4.5% to 17.6% compared to 2022[11] - The company plans to transition from pilot deployments in India and Indonesia to commercial deployments in 2023, aiming to drive greater revenue[1] Market Challenges - The company faced challenges in the Taiwan scooter market, with total scooter sales down 9.3% year-over-year, impacting hardware sales[3] Non-Recurring Expenses - The company incurred acquisition-related expenses that are not recurring and are expected to be incurred in connection with future acquisitions[23] - Gogoro's listing expense related to the merger with Poema was recorded as a non-recurring operating expense, significantly impacting the financial results[24] - The company recognized a listing expense of $178,804 thousand during the reporting period[38] Cash Flow - Cash used in operating activities was $(64,790) thousand for the twelve months ended December 31, 2022, a decrease from cash provided by operations of $80,794 thousand in 2021[38] - The company reported net cash used in investing activities of $(101,102) thousand, compared to $(41,518) thousand in the previous year[38] - Cash provided by financing activities was $186,396 thousand, a significant increase from $61,764 thousand in 2021[38]