Second Quarter 2023
Earnings Release
NASDAQ: ONDS | August 2023 | Copyright 2023. All rights reserved. |
Nasdaq: ONDS
Disclaimer
This presentation may contain "forward-looking statements" as that term is defined under the Private Securities Litigation Reform Act of 1995 (PSLRA), which statements may be identified by words such as "expects," "projects," "will," "may," "anticipates," "believes," "should," "intends," "estimates," and other words of similar meaning. Ondas Holdings Inc. ("Ondas" or the "Company") cautions readers that forward-looking statements are predictions based on its current expectations about future events. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties and assumptions that are difficult to predict. The Company's actual results, performance, or achievements could differ materially from those expressed or implied by the forward-looking statements as a result of a number of factors, including, the risks discussed under the heading "Risk Factors" in the Company's most recent Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission ("SEC"), in the Company's Quarterly Reports on Form 10-Q filed with the SEC, and in the Company's other filings with the SEC. The Company undertakes no obligation to publicly update or revise any forward- looking statements, whether as a result of new information, future events or otherwise that occur after that date, except as required by law.
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Non-GAAP Financial Measure
As required by the rules of the Securities and Exchange Commission ("SEC"), we provide a reconciliation of EBITDA, the non-GAAP financial measure, contained in this presentation to the most directly comparable measure under GAAP, which reconciliation is set forth in the table included in the Appendix of this presentation.
We believe that EBITDA facilitates analysis of our ongoing business operations because it excludes items that may not be reflective of, or are unrelated to, the Company's core operating performance, and may assist investors with comparisons to prior periods and assessing trends in our underlying businesses. Other companies may calculate EBITDA differently, and therefore our measures may not be comparable to similarly titled measures used by other companies. EBITDA should only be used as supplemental measures of our operating performance.
We believe that EBITDA improves comparability from period to period by removing the impact of our asset base (depreciation and amortization) and other adjustments as set out in the table included in the Appendix of this presentation, which management has determined are not reflective of core operating activities and thereby assist investors with assessing trends in our underlying businesses.
Management uses EBITDA in making financial, operating and planning decisions and evaluating the Company's ongoing performance.
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Leadership Team
ERIC BROCK | DEREK REISFIELD | MEIR KLINER | STEWART KANTOR | |||
CHAIRMAN & CEO | CFO | PRESIDENT | PRESIDENT & CFO | |||
Eric is an entrepreneur with over 25 | Derek is an experienced executive | Meir is an entrepreneur with over 20 | Stewart brings over 20 years of | |||
years of management and investing | with over 30 years experience with | years of proven track record in | experience in the wireless industry to | |||
experience. | entrepreneurial growth companies, | aerospace development and | Ondas Networks. | |||
as well as executive roles with | manufacturing. | |||||
Fortune 500 companies. | ||||||
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Nasdaq: ONDS
Agenda
Ondas on track for a breakout 2023
- Introduction
- Financial Review & Outlook
- Business Update
- Ondas Networks
- Ondas Autonomous Systems (OAS)
- Closing Remarks
- Q&A
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Disclaimer
Ondas Holdings Inc. published this content on 14 August 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 August 2023 12:50:03 UTC.