Loading viewer...
investor_presentation
Format: PDF investor_presentation
1 2Q2022 EARNINGS PRESENTATION AUGUST 9, 2022
2Q2022 EARNINGS PRESENTATION
AUGUST 9, 2022Cautionary Note Regarding Forward Looking Statements
Certain statements included inthispresentation may beconsidered forward -looking .Allstatements inthispresentation thatarenothistorical facts are
forward -looking statements .Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results,
performance orachievements tobematerially different from those implied bysuch statements, andtherefore these statements should notbetaken as
guarantees offuture performance orresults .Wemay use words such as“expects,” “anticipates,” “intends,” “plans,” “believes,” “could,” “seeks,”
“estimates,” andvariations ofsuch words andsimilar expressions inidentifying forward -looking statements .The forward -looking statements herein
include, butnotlimited to,statements concerning :ourpossible orassumed future results ofoperations ;ourbusiness strategies ;ourability toattract
andretain customers ;ourability toselladditional products andservices tocustomers ;ourcash needs andfinancing plans ;ourcompetitive position ;
ourindustry environment ;ourpotential growth opportunities ;expected technological advances byusorbythird parties andourability toleverage
them ;theeffects offuture regulation ;andtheeffects ofcompetition .These statements arebased onourmanagement’s beliefs andassumptions and
oninformation currently available toourmanagement .Itisimportant tonote thatforward -looking statements arenotguarantees offuture performance,
andthatouractual results could differ materially from those setforth inanyforward -looking statements .Due torisks anduncertainties, actual events
may differ materially from current expectations .Foramore in-depth discussion ofthese andother factors thatcould cause actual results todiffer from
those contained inforward -looking statements, seethediscussions under theheading "Risk Factors" intheCompany’s most recent annual report on
Form 10-Kandother documents thattheCompany hassubsequently filed withtheSEC.Vuzix disclaims anyintention orobligation toupdate orrevise
anyforward -looking statements, whether asaresult ofnew information, future events orotherwise, except asrequired bylaw.
2Call Participants and Agenda
CFO and Executive Vice President
Director of Investor Relations
3Opening Remarks and 2Q2022 Comments
4➢2Q2022 revenue of $3.0M rose 20% sequentially and 3% YOY
➢Smart glasses customer engagements remain very encouraging
➢International sales channel was expanded with the addition of Westbase.io
➢Local sales and support teams were bolstered in Europe; German sales
office slated to open in 3Q2022
➢Growing OEM momentum seen with both existing and new customers
➢Atomistic agreement concluded and announcedSmart Glasses Business Comments
➢Warehousing and logistics vertical continues to expand
✓One Fortune 100 customer has already placed multiple
Preview truncated — download the full document for the complete content.
investor_presentation
37 Pages
investor_presentation
Atreca