What is the market's earnings forecast for Wallbox next quarter?

What factors drove the changes in Wallbox's revenue and profit?

What does Wallbox do and what are its main business segments?

What is Wallbox's gross profit margin?

What is the revenue and EPS growth rate for Wallbox year over year?

What guidance did Wallbox's management provide for the next earnings period?

Did Wallbox beat or miss consensus estimates last quarter?

What is Wallbox's latest dividend and current dividend yield?

- **2024 EBITDA positivity**: Full-year target with Q1 breakeven, driven by EUR 50M cost savings and ABL acquisition. 
- **ABL transformation**: EUR 60-75M 2024 contribution, 40%+ gross margin, German market leadership in commercial charging. 
- **Gross margin recovery**: Gen 2 Supernova (40%+ GM) and U.S. expansion to drive mid-30s target by end-2024. 
- **Channel destocking end**: Q4/Q1 sell-in/sell-through gap closing, 4+ quarters of destocking completed. 
- **Strategic wins**: Kia, multi-solutions, Austin Energy partnerships expand DC and V2X capabilities.

**【CEO Summary Section】**
- Q3 2023 revenue: EUR 32.5 million (flat QoQ, -22% YoY) due to channel destocking. Sell-through unit growth: 30% YoY (32% Europe/APAC, 16% North America). 
- Gross margin: 35% (up 530bps QoQ) driven by product mix shift to Gen 2 Supernova. 
- Cost reduction progress: EUR 38.8M OpEx savings YTD (target EUR 50M). 
- ABL acquisition: EUR 10M upfront, EUR 5M 2024 earn-out; 2023 ABL revenue: EUR 150M, positive EBITDA. 
- Strategic wins: Kia partnership (Quasar 2), multi-solutions collaboration, Austin Energy deal. 
- 2024 outlook: Full-year EBITDA positive, Q1 breakeven. 

**【CFO Financial Commentary】**
- Q3 2023: 
  - Adjusted EBITDA loss: EUR 16.6M (EUR 4.6M improvement vs Q2). 
  - Cash & equivalents: EUR 81M (EUR 35M new loan in Q4). 
  - Inventory: EUR 94M (down slightly QoQ). 
  - Headcount: 100 net additions QoQ (back to Q2 2022 levels). 
- 2024 guidance: 
  - ABL contribution: EUR 60-75M revenue, positive EBITDA. 
  - Wallbox + ABL combined: EUR 46M Q3 run rate. 
  - Gross margin target: Mid- to high 30s by end-2024. 

**【Q&A Key Highlights】**
- **EBITDA timeline**: Full-year 2024 positive, Q1 2024 breakeven. 
- **Inventory destocking**: Channel destocking nearing completion; Q4/Q1 sell-in/sell-through gap closing. 
- **ABL valuation**: Competitive acquisition in bankruptcy process; no product overlap, 100% commercial/synergies focus. 
- **Gross margin drivers**: Gen 2 Supernova (40%+ GM), U.S. launch, design-to-cost initiatives. 
- **U.S. market**: OCPP control, modularity, reliability key customer priorities. 
- **ABL recovery**: 2022 EUR 150M revenue, positive EBITDA; 2023 decline due German KFW subsidy withdrawal. 
- **Cost synergies**: EUR millions annual savings via combined R&D, manufacturing, and supply chain. 
- **CapEx reduction**: 2023 total <EUR 20M (vs EUR 26M plan).

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