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
15View entire presentation