FTAI Aviation (FTAI) Q1 2025 Earnings Call May 01, 2025 08:00 AM ET Company Participants Alan Andreini - Investor RelationsJoseph Adams - Chairman & CEOEun Nam - CFO & Chief Accounting OfficerGuiliano Bologna - Managing DirectorSheila Kahyaoglu - Aerospace & Defense and Airlines Equity ResearchKristine Liwag - Executive DirectorDavid Moreno - Chief Operating OfficerAndre Madrid - VP - Equity ResearchBrian Mckenna - Director - Equity ResearchKen Herbert - Managing DirectorMyles Walton - Managing Director Con ...

Newest ETF from Grayscale Invests in Firms That Have Adopted Bitcoin as a Treasury Reserve AssetSTAMFORD, Conn., April 30, 2025 (GLOBE NEWSWIRE) -- Grayscale, the world’s largest crypto-native asset manager, today announced the launch of Grayscale® Bitcoin Adopters ETF (Ticker: BCOR) (the “Fund”). Grayscale® Bitcoin Adopters ETF is Grayscale’s newest exchange-traded product offering investors exposure to companies that have adopted Bitcoin as a treasury reserve asset. The Fund specifically invests in compan ...

PG&E Accelerating EV Adoption Among Customers With Limited Financial Resources OAKLAND, Calif., April 29, 2025 /PRNewswire/ -- Electric Vehicles (EVs) are key to achieving California's climate goals and can help lower electric rates for customers, but research shows that the cost of owning an EV can be a challenge for drivers in lower-income communities. Pacific Gas and Electric Company (PG&E) is taking action to make EV ownership more affordable for customers with limited financial resources.PG&E has alrea ...

Company Overview - Proactive is a financial news publisher that provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The company has a team of experienced and qualified news journalists who produce independent content [2] Market Focus - Proactive specializes in medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - The news team delivers insights across various sectors including biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Technology Adoption - Proactive is recognized for its forward-looking approach and enthusiastic adoption of technology to enhance workflows [4] - The company utilizes automation and software tools, including generative AI, while ensuring that all content is edited and authored by humans [5]

Waste Management (WM) Q1 2025 Earnings Call April 29, 2025 10:00 AM ET Company Participants Edward Egl - Vice President of Investor RelationsJames Fish - President and Chief Executive OfficerJohn Morris - Executive VP & COODevina Rankin - Executive VP & CFOKevin Chiang - Director - Institutional Equity ResearchRafael Carrasco - Senior VP, Enterprise Strategy & PresidentTyler Brown - Financial AdvisorTara Hemmer - Senior VP & Chief Sustainability OfficerSabahat Khan - Managing DirectorTobey Sommer - Managing ...

"Customers are searching for simplified solutions that not only address the complexity of the technology but also offer simplified workflows that will make innovation actionable," said Scott Crawford, Research Director for Information Security with S&P Global Market Intelligence 451 Research. "Respondents to a recent 451 Research survey of security practitioners1 indicated on average that they spend 36% of their budget with a single vendor, which reflects this desire to reduce complexity in their tools and ...

T h e 2 0 2 5 W r i t e r A I S u r v e y Generative AI adoption in the enterprise How to break down silos, navigate tension, and activate champions to unlock the transformative potential of AI at work Table of contents | Voices of AI adopters | 3 | | --- | --- | | Key findings | 7 | | Widespread AI optimism | 9 | | Generative AI adoption challenges | 13 | | Strategies to maximize the potential of generative AI | 21 | | Traits of supportive technology partners | 30 | | The path to AI transformation | 32 | E ...

Financial Data and Key Metrics Changes - In Q4 2024, revenue was $678 million, up 34% quarter over quarter and 70% year over year, while full year revenue reached $1.8 billion, a 58% increase year over year [27] - Cost of goods sold in Q4 2024 was $1.2 billion, a 93% increase quarter over quarter, with full year cost of goods sold at $2.8 billion, up 67% versus 2023 [27] - Q4 2024 gross margin was -79%, compared to -24% in Q3, primarily due to an accounting charge related to the free charging program [28] - Full year gross margin loss improved to -32% in 2024 from -40% in 2023 when adjusted for the free charging program [29] Business Line Data and Key Metrics Changes - Total deliveries for Q4 2024 reached 53,139 electric vehicles, a 143% increase quarter over quarter and 342% year over year [12] - B2C sales grew by 140% quarter over quarter and over 20 times year over year, with 81% of EV deliveries to non-related party customers [12] - The proportion of EV deliveries from non-Vietnam sales grew tenfold year over year, increasing from 3% to 10% of total deliveries [10] Market Data and Key Metrics Changes - As of March 31, 2025, VinFast had 322 showrooms globally, with 89% being dealer stores, marking a 160% growth from 123 showrooms at the end of 2023 [10] - In Southeast Asia, the company is expanding its presence with strategic partnerships, having launched a green mobility ecosystem in Indonesia and the Philippines [13][14] Company Strategy and Development Direction - The company aims to solidify its leadership position in Vietnam while expanding into new markets, focusing on product innovation and cost optimization [86] - VinFast is committed to a three-pillar growth strategy: Product, Capacity, and Market, targeting to double 2024 volumes in 2025 [23][24] - The discontinuation of the battery leasing program is part of a strategic shift as consumer familiarity with EVs increases, complemented by a free charging program [84] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving 2025 guidance despite macroeconomic challenges, expecting Q1 to be the slowest quarter with a significant uptick in the second half of the year [40] - The company is focused on scaling volume through new product launches and enhancing manufacturing efficiency to drive margin improvement [46] Other Important Information - The company received approximately $800 million in capital support from its founder and Vingroup by December 31, 2024, with total disbursements exceeding $1.5 billion by March 31, 2025 [35] - Cash burn improved significantly in 2024, decreasing by 39% year over year to $1.9 billion, reflecting disciplined cost and capital management [33] Q&A Session Summary Question: What gives confidence in the 2025 guidance? - Management expects Q1 to be slow but anticipates an uptick in Q2 and significant deliveries in the second half, projecting at least double the deliveries of the previous year [40][42] Question: Path to positive gross margins? - Excluding one-off charges, the gross loss margin improved from -40% in 2023 to -32% in 2024, with a focus on scaling volume and optimizing costs [45][46] Question: Accounting treatment for EV charging credit? - A one-time charge of $242 million was recognized in Q4 for the free charging program, with future recognition aligned with vehicle sales during the program [50][51] Question: Capital spending for 2025 and 2026? - Expected cash burn for 2025 is approximately $2.5 billion, with $1.8 billion allocated for CapEx on CKD facilities across Asia [57][58] Question: Share of sales from VF3 and VF5 in 2025? - The share is expected to be less than 50% in 2025, as new models from the green series will contribute significantly [62] Question: Impact of U.S. tariffs on consumer spending? - The company believes the impact of U.S. tariffs will be less severe compared to other OEMs, with most growth expected from non-U.S. markets [82] Question: Rationale for discontinuing battery leasing? - Battery leasing was essential in early EV adoption but has decreased significantly in sales percentage, making it the right time to discontinue [84]

VinFast Auto Ltd. (NASDAQ:VFS) Q1 2025 Earnings Conference Call April 24, 2025 8:00 AM ET Company Participants Nhi Nguyen - Investor Relations Le Thi Thu Thuy - Chairwoman of the Board Nguyen Thi Lan Anh - Chief Financial Officer Conference Call Participants Andres Sheppard - Cantor Fitzgerald Greg Lewis - BTIG LLC James McIlree - Chardan Capital Markets Operator Good day, and thank you for standing by. Welcome to the VinFast Auto Limited Q4 2024 and Full-Year Earnings Call. At this time, all participants a ...

VinFast Auto (VFS) Q4 2024 Earnings Call April 24, 2025 08:00 AM ET Company Participants Nhi Nguyen - Investor Relations ManagerLe Thi Thu Thuy - ChairwomanNguyen Thi Lan Anh - CFOGregory Lewis - Managing Director Conference Call Participants Andres Sheppard - AnalystJames McIlree - Senior Equity Research Analyst Operator day, and thank you for standing by. Welcome to the BINFAST Auto Limited Q4 twenty twenty four and Full Year Earnings Call. At this time, all participants are in a listen only mode. After t ...