Innoviz Technologies .(INVZ)

Search documents
Innoviz Technologies .(INVZ) - 2023 Q1 - Earnings Call Presentation
2023-05-17 17:01
INNOVIZ" TECHNOLOGIES Q1 2023 Earnings Presentation May 17, 2023 Forward Looking Statements This presentation contains certain forward-looking statements within the meaning of the federal securities laws, including statements regarding the services offered by Innoviz, the anticipated technological capability of Innoviz's products, the markets in which Innoviz operates, Innoviz's projected future operational and financial results, including Cash Collection from Customers, revenue and non-recurring engineerin ...
Innoviz Technologies .(INVZ) - 2023 Q1 - Earnings Call Transcript
2023-05-17 17:00
Innoviz Technologies Ltd. (NASDAQ:INVZ) Q1 2023 Earnings Conference Call May 17, 2023 9:00 AM ET Company Participants Rob Moffatt - Vice President-Business Development and Investor Relations Omer Keilaf - Co-Founder and Chief Executive Officer Eldar Cegla - Chief Financial Officer Conference Call Participants Mark Delaney - Goldman Sachs Jared Maymon - Berenberg Samik Chatterjee - JP Morgan Andres Sheppard - Cantor Kevin Garrigan - WestPark Capital Rob Moffatt Good morning. This is Rob Moffatt, Vice Preside ...
Innoviz Technologies .(INVZ) - 2022 Q4 - Annual Report
2023-03-09 21:36
OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Washington, D.C. 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR SECTION 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 UNITED STATES SECURITIES AND EXCHANGE COMMISSION For the fiscal year ended December 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-40310 OR ☐ SHELL COMPAN ...
Innoviz Technologies .(INVZ) - 2023 Q1 - Quarterly Report
2023-03-01 21:01
Revenue and Financial Performance - Revenues in 2022 were $6.0 million, up 10% compared to $5.5 million in 2021[1] - 2023 revenues are targeted in the range of $12-15 million, with new NRE bookings targeted at $20-40 million[10] LiDAR Unit Volumes and Order Book - LiDAR unit volumes increased 99% in 2022 compared to 2021[1] - The Company increased its forward-looking order book by +165% in 2022, ahead of its stated goal of +30%[10] - The Company's pipeline for potential LiDAR orders is now over 20 million units, with NRE bookings estimated at $150-250 million[15] Liquidity and Cash Position - Innoviz maintains significant liquidity with approximately $186.2 million in cash, short-term deposits, and marketable securities as of December 31, 2022[3] - Cash and cash equivalents increased to $55,718 thousand in 2022 from $23,640 thousand in 2021, a 135.7% increase[20] - Bank deposits decreased to $80,684 thousand in 2022 from $230,483 thousand in 2021, a 65% decrease[20] - Marketable securities increased to $41,681 thousand in 2022 from $11,607 thousand in 2021, a 259.1% increase[20] Operating Expenses and R&D - Operating expenses in 2022 were $124.6 million, down 18% compared to $152.6 million in 2021[16] - Research and development expenses in 2022 were $95.1 million, slightly up from $93.3 million in 2021[9] Assets and Liabilities - Total current assets decreased to $187,553 thousand in 2022 from $274,429 thousand in 2021, a 31.7% decrease[20] - Property and equipment, net increased to $30,489 thousand in 2022 from $14,502 thousand in 2021, a 110.2% increase[20] - Total long-term assets increased to $67,880 thousand in 2022 from $52,791 thousand in 2021, a 28.6% increase[20] - Total liabilities increased to $63,416 thousand in 2022 from $28,418 thousand in 2021, a 123.1% increase[20] - Total shareholders' equity decreased to $192,017 thousand in 2022 from $298,802 thousand in 2021, a 35.7% decrease[20] - Accumulated deficit increased to $(511,834) thousand in 2022 from $(384,962) thousand in 2021, a 33% increase[20] - Additional paid-in capital increased to $703,851 thousand in 2022 from $683,764 thousand in 2021, a 2.9% increase[20] Strategic Developments and Product Launches - Innoviz added Steven Schondorf as a senior strategic advisor to accelerate its evolution as a leading Tier 1 LiDAR supplier[15] - Innoviz 360 debuted at CES 2023, receiving significant customer interest for its 360-degree LiDAR solution[15]
Innoviz Technologies .(INVZ) - 2022 Q4 - Earnings Call Transcript
2023-03-01 18:11
Innoviz Technologies Ltd. (NASDAQ:INVZ) Q4 2022 Earnings Conference Call March 1, 2023 9:00 AM ET Company Participants Rob Moffatt – Vice President-Business Development and Investor Relations Omer Keilaf – Chief Executive Officer Eldar Cegla – Chief Financial Officer Steven Schondorf – Chief Engineer-ADAS systems-Ford Conference Call Participants Mark Delaney – Goldman Sachs Jared Maymon – Berenberg Andres Sheppard – Cantor Kevin Cassidy – Rosenblatt Securities Operator Welcome to Innoviz Fourth Quarter and ...
Innoviz Technologies .(INVZ) - 2022 Q4 - Earnings Call Presentation
2023-03-01 16:45
Full Year 2022 Earnings Presentation Many factors could cause actual future events, and, in the case of our forward-looking order book and NRE book, actual orders, to differ materially from the forward-looking statements in this announcement, including but not limited to, the ability to implement business plans, forecasts, and other expectations, the ability to convert design wins into definitive orders and the magnitude of such orders, the possibility that NRE would be set off against liabilities and indem ...
Innoviz Technologies .(INVZ) - 2022 Q3 - Quarterly Report
2022-11-09 21:08
Exhibit 99.1 Innoviz Technologies Provides Commercial Updates and Reports Third Quarter 2022 Financial Results New customer win in Asia expands Innoviz's geographic footprint and adds new leading autonomous driving platform partner Innoviz grew its forward-looking order book to $6.9 billion, upgraded production throughput, shipped D-Sample units to customers, and accelerated its momentum in non-automotive markets TEL AVIV, Israel, November 9, 2022 – Innoviz Technologies Ltd. (Nasdaq: INVZ) (the "Company" or ...
Innoviz Technologies .(INVZ) - 2022 Q3 - Earnings Call Transcript
2022-11-09 19:39
Innoviz Technologies Ltd. (NASDAQ:INVZ) Q3 2022 Earnings Conference Call November 9, 2022 9:00 AM ET Company Participants | --- | --- | |--------------------------|-----------------------------------------------------------------------------| | | | | | Omer Keilaf - Chief Executive Officer Eldar Cegla - Chief Financial Officer | | | Conference Call Participants | | | Mark Delaney - Goldman Sachs | | Jared Maymon - Berenberg | | | Andres Sheppard - Cantor | Samik Chatterjee - JPMorgan | | | McClain Culver - ...
Innoviz Technologies .(INVZ) - 2022 Q3 - Earnings Call Presentation
2022-11-09 16:05
INNOVIZ TECHNOLOGIES right = 500 Q3 2022 Earnings Presentation November 9th, 2022 Forward Looking Statements This presentation contains certain forward-looking statements within the meaning of the federal securities laws, including statements regarding the services offered by Innoviz, the anticipated technological capability of Innoviz's products, the markets in which Innoviz operates, Innoviz's forward-looking order book, and Innoviz's projected future results. These forward-looking statements generally ar ...
Innoviz Technologies .(INVZ) - 2022 Q2 - Quarterly Report
2022-08-18 20:01
Exhibit 99.1 INNOVIZ TECHNOLOGIES LTD. AND ITS SUBSIDIARIES INTERIM CONSOLIDATED FINANCIAL STATEMENTS AS OF JUNE 30, 2022 UNAUDITED INDEX | | Page | | --- | --- | | Interim Consolidated Balance Sheets | F-2 - F-3 | | Interim Consolidated Statements of Operations | F-4 | | Interim Statements of Changes in Convertible Preferred Shares and Shareholders' Equity (Deficit) | F-5 | | Interim Consolidated Statements of Cash Flows | F-6 - F-7 | | Notes to Interim Consolidated Financial Statements | F-8 - F-18 | | - ...