Radar Revolution. Delivered. Business Update Kobi Marenko Co-Founder and CEO, Arbe Investor Presentation 1 Disclaimer v This press release and the earnings call contain "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, both as amended by the Private Securities Litigation Reform Act of 1995. The words "expect," "believe," "estimate," "intend," "plan," "anticipate," "may," "should," "strategy," "future," "will," "project," "potential" and si ...

Arbe Robotics Ltd. (NASDAQ:ARBE) Q4 2022 Earnings Conference Call March 2, 2023 8:30 AM ET Company Participants Kobi Marenko - Co-Founder and CEO Karine Pinto-Flomenboim - Chief Financial Officer Ram Machness - Chief Business Officer Noam Arkind - Co-Founder and CTO Conference Call Participants Gary Mobley - Wells Fargo Josh Buchalter - Cowen Matthew Galinko - Maxim Jaime Perez - RF Lafferty Kobi Marenko Thank you everyone for joining us today. Welcome to Arbe’s Fourth Quarter and Full Year 2022 Financial R ...

ARBE ROBOTICS LTD. AND SUBSIDIARIES CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS AS OF SEPTEMBER 30, 2022 IN U.S. DOLLARS UNAUDITED INDEX | --- | --- | |----------------------------------------------------------------------------------------------------------------------------------------------------------------------------|------------| | Condensed Interim Consolidated Balance Sheets (unaudited) | Page \n2-3 | | Condensed Interim Consolidated Statements of Operations (unaudited) | 4 | | Condensed In ...

Financial Data and Key Metrics Changes - Total revenue in Q3 2022 was $1.3 million, up from $0.6 million in Q3 2021, indicating significant growth [23] - Gross margin increased to 72.5% in Q3 2022 from 30.3% in the same period in 2021, primarily due to economies of scale and lower cost per unit [23] - Net loss for Q3 2022 was $9.9 million, an improvement from a net loss of $13.3 million in Q3 2021 [24] - Cash and cash equivalents as of September 30, 2022, stood at $63.2 million with no debt [25] Business Line Data and Key Metrics Changes - The company is focusing on driver assistance and safety technologies, with a strategic emphasis on Tier 1 partnerships to enhance market presence [4][5] - A preliminary order for 340,000 chipsets from Hiring Technologies marks the beginning of mass production, expected to contribute significantly to future revenues [20] Market Data and Key Metrics Changes - The imaging radar market is projected to grow to approximately $250 million per year by the end of the decade, with increasing demand for advanced radar systems [11] - Veoneer, a key partner, has produced over 50 million radars and is shifting towards imaging radars, indicating a significant market opportunity for the company [11][43] Company Strategy and Development Direction - The company is adapting to changing market conditions by reducing costs and adjusting production timelines, focusing on ADAS technologies [4][25] - The strategy includes a long-term vision for full autonomous driving, which is not expected to be commercially viable before the end of the decade [4] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the automotive industry's resilience despite economic challenges, citing strong demand and high margins [27][28] - The company anticipates that by the end of the decade, all vehicles will have some form of ADAS capabilities, reflecting a growing market for these technologies [35] Other Important Information - The company has received recognition for its Linx RADAR, winning the AutoSense Award for Hardware Development of the Year, which enhances its market position [21] - The company is actively working with multiple Tier 1 partners to broaden its outreach and accelerate market entry [21] Q&A Session Summary Question: What has changed materially in the last few months driving the guidance down? - The company noted a shift in customer orders for preliminary samples between quarters, impacting revenue projections [38][39] Question: Can you elaborate on the Veoneer partnership and its revenue contribution timeline? - Veoneer is a major player in the radar market, and the partnership is expected to contribute to revenue by the end of 2024 or early 2025 [42][43] Question: What is the outlook for gross margins moving forward? - The strong gross margin in Q3 was influenced by a favorable revenue mix, but future margins are expected to stabilize around 60% in mass production [48][49] Question: How is the company managing costs in the current environment? - The company is optimizing its capital structure and reducing expenses across various areas to ensure sustainability [56][59] Question: What is the status of the foundry partners in supporting ramp-up for commercial volumes? - The company has secured testing facilities and is working closely with foundry partners to ensure capacity for future production [51][52]

Arbe Robotics Ltd. (NASDAQ:ARBE) Q2 2022 Earnings Conference Call August 16, 2022 8:30 AM ET Company Participants Kobi Marenko - Co-Founder, CEO and Director Gonen Barkan - Chief Radar Officer Karine Pinto-Flomenboim - Chief Financial Officer Conference Call Participants Joshua Buchalter - Cowen and Company Gary Mobley - Wells Fargo Securities Suji Desilva - Roth Capital Jaime Perez - RF Lafferty Matthew Galinko - Maxim Operator Good day and welcome to Arbe Robotics Second Quarter 2022 Financial Results. Al ...

Financial Performance - Q2 2022 revenues were $1.2 million, up from $0.5 million in Q2 2021, with a backlog of $1.5 million as of June 30, 2022[5] - Revenues for the three months ended June 30, 2022, were $1,236,000, compared to $521,000 for the same period in 2021, representing an increase of 137.6%[15] - Gross profit for the six months ended June 30, 2022, was $1,391,000, up from $423,000 in the same period of 2021, reflecting a growth of 228.4%[15] - The net loss for the three months ended June 30, 2022, was $11,593,000, compared to a net loss of $10,582,000 for the same period in 2021, indicating a decline of 9.6%[15] - Basic and diluted net loss per share attributable to ordinary shareholders for the three months ended June 30, 2022, was $(0.18), an improvement from $(1.11) in the same period of 2021[15] Expenses and Cash Flow - Operating expenses increased to $13.0 million in Q2 2022 from $6.9 million in Q2 2021, primarily due to higher R&D expenses[6] - Total operating expenses for the three months ended June 30, 2022, were $12,984,000, compared to $6,890,000 in the same period of 2021, an increase of 88.5%[15] - Net cash used in operating activities for the three months ended June 30, 2022, was $(10,569,000), compared to $(6,194,000) for the same period in 2021, representing an increase of 70.5%[17] - Cash, cash equivalents, and restricted cash at the end of the period for June 30, 2022, were $71,436,000, compared to $3,305,000 at the end of June 30, 2021[17] Research and Development - Research and development expenses for the three months ended June 30, 2022, were $9,534,000, up from $5,841,000 in the same period of 2021, an increase of 63.2%[15] Future Outlook - Management expects full-year revenues to range from $7 million to $11 million, heavily weighted towards the end of the year[9] - Arbe is on track to achieve a revenue goal of $312 million by 2025[9] - Arbe is shortlisted in 8 RFPs/RFQs, with total potential revenues estimated at $7.5 billion by the end of the decade[2] Product Development - Arbe's Lynx Surround Imaging Radar was introduced, targeting the demand for 360° long-range sensing[3] - HiRain Technologies plans to reach mass production of Imaging Radars based on Arbe's chipset by 2023[2] Profitability Metrics - Adjusted EBITDA for the three months ended June 30, 2022, was $(9,530,000), compared to $(6,443,000) for the same period in 2021, reflecting a decline of 48.5%[20] - Gross margin for Q2 2022 was 72.8%, compared to 31.9% in Q2 2021, driven by economies of scale and reduced costs[5]

Arbe Robotics Ltd (NASDAQ:ARBE) Q1 2022 Earnings Conference Call May 12, 2022 11:00 AM ET Company Participants Mor Assia - Founding Partner and Co-CEO of iAngels & Director of Arbe Kobi Marenko - Co-Founder, CEO & Director Gonen Barkan - Chief Radar Officer Karine Pinto-Flomenboim - Chief Financial Officer Alexander Hitzinger - Member of the Board of Director Conference Call Participants Mor Assia Thank you everyone for joining us today. Welcome to Arbe's First Quarter of 2022 Financial Results Fireside Ch ...

Arbe Robotics Ltd (NASDAQ:ARBE) Q4 2021 Earnings Conference Call March 1, 2022 8:30 AM ET Company Participants Miri Segal - MS-IR LLC Jacob Marenko - Co-Founder, CEO & Director Karine Pinto-Flomenboim - CFO Conference Call Participants Joshua Buchalter - Cowen and Company Suji Desilva - ROTH Capital Partners Matthew Galinko - Maxim Group Jaime Perez - R.F. Lafferty & Co. Operator Good morning, and good day, and welcome to Arbe's Fourth Quarter and Full Year 2021 Conference Call. [Operator Instructions]. I w ...