Gauzy Ltd. ( (GAUZ) ) has released its Q4 earnings. Here is a breakdown of the information Gauzy Ltd. presented to its investors.
Gauzy Ltd. is a global leader in vision and light control technologies, serving various industries with innovative solutions to enhance safety, sustainability, and user experience. The company is headquartered in Tel Aviv, Israel, with subsidiaries worldwide.
In its latest earnings report, Gauzy Ltd. announced a record fourth quarter and full-year 2024 results, showcasing significant revenue growth and improved profitability. The company achieved a 41.8% increase in fourth-quarter revenue and surpassed $100 million in annual sales for the first time, with over 80% of sales from recurring customers.
Key financial highlights include a narrowed adjusted net loss for the quarter, a positive adjusted EBITDA for the first time, and a robust gross margin improvement. The Safety-Tech and Aeronautics divisions showed strong performance, contributing significantly to the revenue growth. Additionally, Gauzy’s strategic partnerships and technological advancements, such as the introduction of black SPD smart glass technology, have strengthened its market position.
Looking ahead, Gauzy Ltd. has provided guidance for 2025, anticipating healthy double-digit revenue growth and the first-ever full year of positive adjusted EBITDA. The company’s management remains confident in its growth trajectory, supported by a strong order book and expanding production capacity.
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