ECARX(ECX) - 2022 Q4 - Annual Report
ECXECARX(ECX)2023-04-24 00:00

Exhibit 99.1 ECARX Announces Fourth Quarter and Full Year 2022 Financial Results ● FY 2022 revenue up 28% YoY to $515.7 million; Q4 2022 revenue up 44% YoY to $221.4 million at constant currency ● FY 2022 gross profit up 21% YoY to $143.6 million; Q4 2022 gross profit up 30% YoY to $62.0 million at constant currency ● Expect revenue growth of approximately 38% YoY for FY 2023; adjusted EBITDA breakeven by end of FY 2024 London, April 24, 2023 – ECARX Holdings, Inc. (Nasdaq: ECX) ("ECARX"), a global mobility ...