earnings
confidence high
sentiment neutral
materiality 0.55
MicroVision Q4 revenue $1.7M, net loss $31.2M; highlights industrial demand, $75M cash
MICROVISION, INC.
- Revenue $1.7M in Q4 2024 vs $5.1M in Q4 2023; excluding one-time Microsoft revenue, industrial customer demand drove growth.
- Net loss $31.2M ($0.14 per share) vs $19.7M; includes $13.2M convertible note expense.
- Adjusted EBITDA loss $13.2M; cash used in ops $15.0M (improvement from $16.6M).
- Cash of $74.7M at year-end; subsequent $17M equity raise from High Trail, access to $161M.
- Secured production commitment with ZF for $30-50M demand over next 12-18 months; 7 automotive RFQs active.