Innoviz Results Presentation Deck slide image

Innoviz Results Presentation Deck

Raised 2023 Targets Twice YTD Reiterating revenue ramp into fourth quarter Customer Targets +1-3¹ Additional Programs with Existing Customers Previously raised from +1-2 Financial Targets $15-20M¹ 2023 Revenue ~150-230% YoY Raised from $12-15M INNO VIZ TECHNOLOGIES TM +2 New Series Production Awards with New Customers Solid progress $20-30M 2023 Cash Collection from Customers +295 - 490 % YoY ↑ $20-70M¹ New NRE Bookings ~80-530% YOY Raised from $20-40M Ⓒ Innoviz Technologies Ltd, 2023 All Rights Reserved - Proprietary & Confidential. No Part of this Document May be Reproduced or Disclosed in Any Manner. Sources of Pre- Production Income Sample Units Much higher ASPs than production units - typically $5,000-15,000 Non-Automotive Sales Much higher ASPs than automotive productions units - typically $5,000-15,000 Non-Recurring Engineering (NRE) Estimated $150-250M of NRE in Current RFI/RFQ Pipeline Multiple types of pre-production services: Application engineering (integration) Hardware modifications Software modifications Change requests Various testing, validation & qualification services ● Can be recognized as revenue or a contra-expense, but either way, it's a cash payment received from a customer 15
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