EHANG DRONE STOCK SERIES

EHANG DRONE STOCK SERIES

Sales and deliveries of the EH216 series AAVs were 21 units in 2022, compared with 30 units in 2021.īusiness Highlights for the Fourth Quarter 2022 and Recent Developments.Cash, cash equivalents, restricted cash and short-term investments balances were RMB249.3 million (US$36.1 million) as of December 31, 2022, compared with RMB312.1 million as of December 31, 2021.

Adjusted net loss (non-GAAP) was RMB206.2 million (US$29.9 million), compared with RMB192.8 million in 2021.Net loss was RMB329.3 million (US$47.7 million), compared with RMB313.9 million in 2021.Adjusted operating loss (non-GAAP) was RMB207.1 million (US$30.0 million), compared with RMB199.4 million in 2021.Operating loss was RMB304.0 million (US$44.1 million), a 5.2% decrease from RMB320.5 million in 2021.Gross margin was 65.9%, representing an increase of 2.5 percentage points from 63.4% in 2021.Total revenues were RMB44.3 million (US$6.4 million), compared with RMB56.8 million in 2021.See “Non-GAAP Financial Measures” below.ģ The EH216 series AAVs include EH216-S, the standard model for passenger transportation, EH216-F model for aerial firefighting and EH216-L model for aerial logistics.įinancial and Operational Highlights for the Fiscal Year 2022 See “Non-GAAP Financial Measures” below.Ģ Adjusted net loss is a non-GAAP financial measure, which is defined as net loss excluding share-based compensation expenses and certain non-operational expenses. Sales and deliveries of EH216 series AAVs 3 were 6 units, compared with 4 units in the third quarter of 2022.ġ Adjusted operating loss is a non-GAAP financial measure, which is defined as operating loss excluding share-based compensation expenses.Cash, cash equivalents, restricted cash and short-term investments balances were RMB249.3 million (US$36.1 million) as of December 31, 2022.Adjusted net loss 2 (non-GAAP) was RMB59.4 million (US$8.6 million), compared with RMB55.1 million in the third quarter of 2022.Net loss was RMB110.1 million (US$16.0 million), compared with RMB76.5 million in the third quarter of 2022.Adjusted operating loss 1 (non-GAAP) was RMB61.3 million (US$8.9 million), compared with RMB52.9 million in the third quarter of 2022.Operating loss was RMB92.2 million (US$13.4 million), compared with RMB73.7 million in the third quarter of 2022.Gross margin was 66.1%, representing a continued high gross margin level with a slight increase of 0.2 percentage points compared to 65.9% in the third quarter of 2022.Total revenues were RMB15.7 million (US$2.3 million), representing a growth of 90.7% compared to RMB8.2 million in the third quarter of 2022.

Ehang drone stock