Joby Aviation, Inc. (JOBY) Q3 2024 Earnings Call Transcript Summary
Joby Aviation, Inc. (JOBY) Q3 2024 Earnings Call Transcript Summary
Net loss for the quarter was $144 million.The following is a summary of the Joby Aviation, Inc. (JOBY) Q3 2024 Earnings Call Transcript:
以下是Joby Aviation, Inc. (JOBY) 2024年第三季度業績會成績單摘要：
Financial Performance:
財務表現:
Ended Q3 2024 with $710 million in cash and investments.
Net loss for the quarter was $144 million.
第三季度結束時的現金和投資額爲71000萬美元。
本季度淨虧損爲14400萬美元。
Business Progress:
業務進展：
Progress in U.S. and UAE certification; nearing completion of fourth aircraft.
Demonstrated flights in Japan; strategic collaborations with Delta Airlines and Uber.
美國和阿聯酋認證取得進展；第四架飛機接近完工。
在日本進行示範飛行；與Delta航空公司和優步進行戰略合作。
Opportunity:
機會：
Aiming for service launches in the US and UAE, leveraging global regulatory approvals.
Toyota to increase investment by $500 million, enhancing strategic partnership.
瞄準在美國和阿聯酋推出服務，利用全球監管批准。
豐田將增加50000萬美元的投資，增進戰略合作伙伴關係。
Risk:
風險：
Launch in new markets contingent on complex regulatory approvals and infrastructure readiness.
Financial stability hinges on managing high capital needs and uncertainties in launch timelines.
在新市場推出取決於複雜的監管批准和製造行業準備就緒。
財務穩定取決於管理高資本需求和推出時間的不確定性。
Financial Performance:
財務表現:
Joby Aviation ended Q3 2024 with cash and short-term investments totaling $710 million.
The company reported a net loss of $144 million for the quarter.
Total use of cash amounted to $115 million, with expenditures increasing due to additional operating costs linked to increased staffing.
They have a full-year 2024 cash spending outlook of $440 million to $470 million, expected to trend towards the lower end.
Adjusted EBITDA was a loss of $120 million for Q3, reflecting increased operating expenses.
Joby航空於2024年第三季度末現金和短期投資總計爲71000萬美元。
公司報告本季度淨虧損14400萬美元。
現金總使用量達到11500萬美元，支出增加是由於與增加的人員配備相關的額外營業費用。
他們對2024年全年現金支出展望爲44000萬至47000萬美元，預計會朝向較低端趨勢發展。
調整後的EBITDA在第三季度爲負損12000萬美元，反映出增加的營業費用。
Business Progress:
業務進展：
Engaged in meaningful progress in certification, including the U.S. SFAR publication enabling new class civil aircraft.
Advanced in international regulatory approvals, with notable progress in UAE.
Joby's fleet growth continued with the nearing completion of the fourth aircraft and improvements in manufacturing efficiency.
Conducted successful exhibition flights in Japan under the strategic partnership with Toyota, heading to similar activities in Korea.
Collaborating with key partners like Delta Airlines and Uber to enhance operational capabilities and public engagement.
在認證方面取得了重要進展，包括美國SFAR發佈，使新的民用飛機獲得認證。
在國際監管批准方面取得了進展，在阿聯酋取得了顯著進展。
Joby的機隊規模繼續增長，第四架飛機即將完工，並且在製造效率方面取得了改善。
在日本成功進行了展示飛行，與豐田的戰略合作伙伴關係在韓國進行了類似的活動。
與三角洲航空和優步等關鍵合作伙伴合作，以增強運營能力和公衆參與。
Opportunities:
機會：
Joby expects future service launches in both the US and international markets like UAE, benefiting from global regulatory momentum and strategic partnerships with Toyota, Uber, and Delta.
The company is focusing on increasing operations in key markets, particularly with advancements in certification that enable entrance into these markets.
The partnership with Toyota is deepening, with Toyota set to increase their investment by $500 million, indicating strong future support and shared vision.
Joby預計未來將在美國和阿聯酋等國際市場推出服務，受惠於全球監管動力和與豐田、優步、三角洲等戰略合作伙伴關係。
該公司專注於在關鍵市場擴大業務，特別是在證書方面取得進展，使其能夠進入這些市場。
與豐田的合作正在加深，豐田計劃增加投資50000萬美元，表明強大的未來支持和共同願景。
Risks:
風險：
The actual launch of air taxi service in new markets such as Dubai hinges on complex regulatory approvals and infrastructure readiness, which might delay service initiation.
The financial stability is dependent on the ability to manage substantial capital requirements and operational costs effectively amidst the uncertainties of commercial launch timelines.
在諸如迪拜等新市場推出空中出租車服務的實際啓動取決於複雜的監管批准和基礎設施準備就緒，這可能會延遲服務的啓動。
財務穩定性取決於有效管理巨大的資本需求和營業費用，以應對商業發射時間表的不確定性。
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：如需更全面的詳情，請參閱投資人關係網站。本文僅供投資者參考，不作任何指引或建議。
譯文內容由第三人軟體翻譯。
