Gauzy reports Q2 results

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  • Gauzy press release (NASDAQ:GAUZ): Q2 revenues of $20.1 million, compared to $24.4 million.
  • Gross margin of 21.4%, compared to 27.0%.
  • Net loss of $10.7 million compared to a net loss of $23.1 million.
  • Adjusted EBITDA of ($8.7) million compared to ($3.9) million.
  • Purchase order backlog of $42.9 million compared $36.2.
  • Total available liquidity of $36.2 million, including cash of $1.2 million and $35.0 million undrawn credit facility at quarter end.

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