Gogoro Q4 2022 Investor Presentation
Q4 2022
EXECUTIVE
SUMMARY
gogolo netwo
Delivered Q4 '22 Revenue of $95.5M & $107.9M
Constant currency basis
• Down 20.8% YoY & 10.5% on a constant currency basis as a result of soft overall
scooter volume vs Q4 2021.
Gogoro Network revenue of $31.4M and $35.4M on a constant currency basis, up
19.5% YoY & 34.6% on a constant currency basis.
Executing on our '22 Macro Plans/Strategies
Expanding Taiwan channel - Gogoro vehicles available in 509 traditional scooter
sales. locations (sales + service capability) in addition to 95 self-owned/
franchised stores.
Gogoro and PBGN Market Share in Taipei = 18.7% and 23.4%, respectively for full
year 2022 despite the lowest total volume since 2016.
Gogoro Q4 2022 - Investor Presentation
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Delivered on International Growth Initiatives
•
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MOU with the State Government of Maharashtra for the deployment of a clean energy
ecosystem.
MOU with Globe's 917Ventures and the Ayala Group for partnership in the Philippines.
Participated in Zypp Electric's most recent funding round to help scale fleet expansion
Financial Summary
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•
Gross margin of 15.0% and non-IFRS gross margin of 17.2%, down 4.3% YoY.
Net loss of $12.5M, down from a net loss $14.2M in Q4/2021, primarily due to a $16.4M
favorable change in fair value of financial liabilities.
Adjusted EBITDA of $9.2M, down from $25.5M in Q4/2021
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