- **$2B Revenue Pipeline**: Active opportunities represent $2B+ lifetime ADAS/AD revenue
- **$10M TI Deal**: Prepaid royalties validate platform commercial potential
- **90% Cost Savings**: LeddarSim reduces data collection costs through multimodal simulation
- **96% Revenue Growth**: Q2 2025 revenue up 96% YoY to $239K
- **$20M+ Capital Raise Needed**: Seeking refinancing by May 16 to fund growth
- **2028 OEM Launch**: Trucking OEM integration underway for 2028 model year


**【CEO Business Overview】**
- **Technology Differentiation**: LeddarVision uses low-level raw data fusion to achieve superior ADAS/AD perception with reduced sensor count and cost. This approach enables high-resolution 360° perception on low-cost edge processors.
- **Commercial Milestones**: 
  - Secured $2B+ lifetime revenue pipeline with 30+ active opportunities
  - Major trucking OEM design win for 2028 model year
  - 110+ live road demonstrations with LeddarNavigator fleet
- **Strategic Partnerships**: 
  - $10M prepaid royalties with Texas Instruments
  - Bundled LeddarVision with TI TDA processors
  - Optimized for Arm automotive processors
  - Ported to 5 major SoC suppliers (Black Sesame, NVIDIA, etc.)
- **New Product Launch**: LeddarSim multimodal simulation solution:
  - Reduces data collection costs by 90% (1/10 road data needed)
  - Simulates multimodal scenarios with near-zero simulation gap
  - Available via free trials and paid licenses starting Q2 2025

**【CFO Financial Highlights】**
- **Revenue Growth**: Q2 2025 revenue $239K (+96% YoY) driven by NRE services
- **Profitability**: 
  - EBITDA loss $8.4M (vs $14M YoY)
  - Adjusted EBITDA loss $12M (vs $8.7M YoY)
  - Net loss $16M (vs $17M YoY)
- **Balance Sheet**: 
  - $9.2M cash
  - $105M total debt
  - Raised $1.5M via share sale
- **Key Initiatives**: 
  - Seeking $20M+ refinancing by May 16
  - 3 priorities: 
    1. Secure capital
    2. Execute OEM design win
    3. Win new designs this year

**【Financial Outlook】**
- Q3 2025 results to be reported mid-August without call
- Focus on:
  - Capital raise for balance sheet strength
  - Design-in execution for trucking OEM
  - Additional design wins


LeddarTech Holdings Inc. (LDTC) Q2 2025 Earnings Call Transcript

Revenue

Sales and Services Revenue

Financing Services Revenue

Other Revenue

Cost of Revenue

Cost of Goods and Services

Cost of Financing Services

Other Cost

Gross Profit

Other Operating Income

Operating Expenses

Selling, General and Administrative Expenses

Selling and Marketing Expenses

General and Administrative Expenses

Research and Development Expenses

Loss on Bad Debts

Loss on Impairment of Other Assets

Loss on Disposal of Assets

Other Operating Expenses

Operating Income

Non-Operating Income (Loss)

Income (Loss) from Affiliates

Income (Loss) from Associates

Income (Loss) from Joint ventures

Gain (Loss) on Other Investment

Gain (Loss) on Change in Fair Value

Gain (Loss) on Foreign Currency Exchange

Other Non-Operating Income (Loss)

Net Interest Expense

Interest Expense

Interest Income

Pretax Income From Continuing Operations

Income Tax Expense

Current Income Tax

Deferred Income Tax

Income Tax Adjustments

Net Income from Continuing Operations

Income from Discontinued Operations

Other Items Before Net Income

Net Income

Net Income Attributable to Minority Interests

Net Income Attributable to Owners of the Company

Preferred Stock Dividends

Other Adjustments

Net Income Attributable to Common Stockholders

Other Comprehensive Income

Total Comprehensive Income

Total Comprehensive Income Attributable to Minority Interests

Total Comprehensive Income Attributable to Owners of the Company

Basic EPS

Basic EPS from Continuing Operations

Basic EPS from Discontinued Operations

Diluted EPS

Diluted EPS from Continuing Operations

Diluted EPS from Discontinued Operations

LDTC(Delisted)

LDTC fundamentals

You can ask Aime