Redwire (RDW) - 2025 Q2 - Earnings Call Presentation

Financial Performance & Outlook - Redwire reported Q2 2025 revenue of $61.8 million, including $5.9 million from Edge Autonomy[61] - The company's net loss for Q2 2025 was $(97.0) million, which includes over $90 million in non-cash, transaction-related, EAC impact, and non-recurring activity[61] - Adjusted EBITDA for Q2 2025 was $(27.4) million, impacted by a net unfavorable EAC change of $25.2 million[61] - Total liquidity as of June 30, 2025, was $113.6 million, including $76.5 million in cash and cash equivalents[61] - Redwire forecasts full-year 2025 revenue to be between $385 million and $445 million, including Edge Autonomy from the date of close[70] - Including Edge Autonomy from January 1, 2025, the company forecasts revenue between $470 million and $530 million for the full year 2025[70] Backlog and Pipeline - The company's contracted backlog increased from $291 million as of March 31, 2025, to $329 million as of June 30, 2025[55] - The total pipeline as of June 30, 2025, is over $11 billion[55] - Q2 2025 contract awards totaled $90.6 million, resulting in a book-to-bill ratio of 1.47x[55] Strategic Initiatives - Redwire successfully completed the first deployment test for one of its ROSA wings for the lunar Gateway's Power and Propulsion Element, which will generate 60kW[33] - Stalker UAS was added to the DoD's Blue List of approved drones during Q2 2025[37] - Redwire was awarded a prototype phase agreement by the U S Army to develop and deliver Stalker UAS for the LRR program[39]