Earnings Presentation 2Q25 Earnings Presentation Q1'25 ➔ 1 Forward-looking statements 2Q25 Earnings Presentation ➔ 4 This presentation may contain forward-looking statements. These forward-looking statements convey dLocal's current expectations or forecasts of future events, including guidance in respect of total payment volume, revenue, gross profit and Adjusted EBITDA. Forward-looking statements regarding dLocal and amounts stated as guidance involve known and unknown risks, uncertainties and other factor ...

Goodyear Tire & Rubber Company (GT) FY Conference Summary Company Overview - **Company**: Goodyear Tire & Rubber Company - **Event**: Future of the Consumer Conference - **Date**: June 04, 2025 - **Speakers**: Mark Stewart (CEO), Christina Zamaro (CFO) Key Industry Insights - Goodyear is recognized as one of the most iconic brands globally, focusing on becoming the number one in tires and service [5][6] - The company aims to harness the skills of its workforce and improve its product offerings, particularly in high-performance segments such as SUVs, luxury vehicles, and electric vehicles (EVs) [6][7] Competitive Advantages - Goodyear's competitive edge lies in its skilled workforce, particularly in chemistry and tire intelligence, which contributes to product innovation and performance [7][8] - The company has successfully improved its balance sheet and competitive positioning through the Goodyear Forward plan, focusing on operational efficiency and strategic market fit [7][14] Innovations and Technology - Goodyear is investing in tire intelligence, which integrates tire sensing technology into vehicles to enhance performance and safety [9][10] - The company is also focusing on "tires as a service" for commercial clients, emphasizing total cost of ownership [9][10] Market Dynamics - The company anticipates a mid-term opportunity in OE tire margins due to the increasing weight of EV battery packs, which leads to faster tire wear [11][12] - Goodyear has seen success in the OE market, particularly with German OEMs and in the Asia Pacific region, achieving a nearly 80% win rate in EV partnerships [21][28] Financial Performance and Strategy - Goodyear has divested parts of its chemical business, generating approximately $2.3 billion in proceeds, which have been used to pay down debt and improve financial health [14][15] - The company has experienced six consecutive quarters of improved performance, with a focus on leveraging its large U.S. footprint to capitalize on market opportunities [15][16] Tariff Implications - The company is preparing for potential tariff impacts, particularly in the premium tire market, and has already implemented price increases in anticipation [17][18] - Goodyear is also monitoring developments in EMEA regarding investigations into Asian tire imports, which may present opportunities [18] Future Outlook - Goodyear is focused on increasing its premium tire capacity by 10 million units over the next two years, aligning production with higher profit segments [23][24] - The company is modernizing its manufacturing processes and utilizing automation and AI to enhance efficiency and product development [33][34] Distribution Strategy - Goodyear employs a two-tier distribution model in the U.S. and a direct-to-retail approach in Asia, emphasizing real-time inventory management [36] - The company is restructuring its operations in EMEA to focus on upper-tier products, aiming to improve margins in a challenging market [38] Long-term Vision - Goodyear aims to maintain a disciplined approach to governance and operational efficiency, with a focus on higher rim sizes and profit pools [31][32] - The company is committed to leveraging its global resources to enhance product development and market responsiveness [40][41] Conclusion - Goodyear is positioned to capitalize on emerging trends in the tire industry, particularly in the EV segment, while continuing to strengthen its financial health and operational efficiency [44][45]

Financial Data and Key Metrics Changes - Total revenue for Q1 2025 was $2.9 million, a 29% increase from $2.3 million in Q1 2024, driven by growth in both service and product revenue [6][12] - Service revenues grew to approximately $2.1 million, up 25% from $1.7 million the previous year, primarily due to strength in ASR subscriptions and full-service maintenance agreements [6][12] - Product revenues increased by 44% to about $809,000 compared to $563,000 in the prior year, attributed to distribution partnerships and expanding deployments [6][12] - Gross loss improved to approximately $700,000 from $1.4 million a year ago, with cost of revenue slightly lower at $3.6 million compared to $3.7 million in Q1 2024 [8][12] - Operating expenses decreased by 9% year-over-year to $6.2 million, with R&D expenses up 35% to $2.1 million, while sales and marketing expenses were down 15% to $1.3 million [9][10][12] - Net loss for the quarter was about $7.6 million, an improvement from $8.3 million in Q1 2024, with earnings loss per share improving to $1.29 from nearly $4 per share last year [11][12] Business Line Data and Key Metrics Changes - The company is focused on achieving positive gross margins, scaling services and product footprint, and operating with increased efficiency [13] - The ASR (Autonomous Security Robots) and ECD (Emergency Communication Devices) segments are showing growth, with a backlog of approximately $2.5 million, including $1.9 million in ECDs and $600,000 in ASR-related orders [48] Market Data and Key Metrics Changes - The company is navigating macroeconomic uncertainties, particularly regarding tariffs, which may impact component pricing and lead times [18][20][21] - The management believes that the focus on national safety and security could provide tailwinds for the business despite the uncertainties [19][22] Company Strategy and Development Direction - The company is committed to long-term growth and shareholder value, focusing on scaling operations and investing in new technologies [28][55] - The management is actively pursuing government contracts and has established a Washington office to foster relationships with federal agencies [86][88] - The company is moving to a new facility to consolidate operations and improve efficiency, with plans for enhanced production capabilities [67][70] Management's Comments on Operating Environment and Future Outlook - Management expresses a positive outlook, emphasizing the importance of execution and the progress made in the past year [15][16] - The company acknowledges the challenges faced in the past, particularly related to funding, but is optimistic about the changes implemented [58][60] Other Important Information - The company is undergoing a significant transition, including moving to a new facility and restructuring its management team [34][52] - The management is focused on maintaining operational efficiency while scaling revenue and minimizing costs [39][40] Q&A Session Summary Question: How is macro uncertainty impacting customer conversations? - Management noted that while political uncertainty has less direct impact, financial aspects like tariffs could affect component pricing and lead times [18][20] Question: When will the company report positive EBITDA and earnings? - Management indicated that while they are focused on achieving positive earnings, the timing is yet to be determined [26][32] Question: What happened to Stacy Stevens? - The position was eliminated as part of a broader restructuring to improve efficiency [34] Question: How quickly will additional cost infrastructure be needed as revenue scales? - Management stated that they are cautious about adding costs and will scale revenue first before increasing infrastructure [35][36] Question: What is the status of the new facility? - The new facility is expected to be operational by August, with some anticipated disruptions during the move [43][46] Question: How does the order book look? - The current backlog is approximately $2.5 million, with significant orders in both ECDs and ASRs [48] Question: What are the plans for government contracts? - The company is actively pursuing additional government contracts and has already won a phase one contract with the Air Force [86][88]

Core Insights - Astrana Health, Inc. reported a strong start to 2025, emphasizing its commitment to building a leading patient-centered healthcare platform, with a focus on technology-enabled care delivery [2][9] - The company achieved total revenues of $620.4 million for the first quarter, reflecting a 53% increase from $404.4 million in the same period last year [9] - Despite revenue growth, net income attributable to Astrana decreased to $6.7 million from $14.8 million year-over-year, with diluted earnings per share dropping to $0.14 from $0.31 [9] Financial Highlights - Total revenues for the three months ended March 31, 2025, were $620.4 million, up 53% from $404.4 million in the prior year [9] - Care Partners revenue was $601.0 million, representing a 57% increase from $382.3 million [9] - Adjusted EBITDA for the quarter was $36.4 million, down from $42.2 million year-over-year, with an adjusted EBITDA margin of 6% compared to 10% [9][28] Operating Highlights - The company successfully integrated Collaborative Health Systems into its proprietary technology platform, leading to significant general and administrative efficiencies [9] - Astrana received Hart-Scott-Rodino approval for its pending acquisition of Prospect Health, which is expected to close in the summer of 2025 [9] - The leadership team expanded with the addition of key positions to support growth, including a Chief Data & Analytics Officer and a Chief Accounting Officer [9] Guidance - Astrana provided guidance for total revenue for the quarter ending June 30, 2025, in the range of $615 million to $655 million, and for the year ending December 31, 2025, between $2.5 billion and $2.7 billion [10] - Adjusted EBITDA guidance for the same periods is set between $45 million to $50 million for Q2 2025 and $170 million to $190 million for the full year [10]