From the MBLY investor relations:
Third Quarter 2014 Financial Highlights
Revenue: Total revenue for the third quarter of 2014 was $34.7 million, an increase of 70% compared to $20.4 million in the prior-year period. Within total revenue, original equipment manufacturing (OEM) revenue was $28.8 million, an increase of 60% compared to $18.0 million in the prior-year period. After market (AM) revenue contributed the remaining $5.9 million of total revenue for the third quarter of 2014 compared to $2.4 million in the prior-year period, an increase of 146%.
Net Income (loss) and Earnings (loss) per Share: GAAP net loss for the third quarter of 2014 was $(13.1) million or $(0.09) per ordinary share. This compares to GAAP net income of $5.5 million, but a net loss applicable to ordinary shares of $(228.8) million, resulting in a net loss of $(6.09) per ordinary share during the third quarter of 2013. (This was a one-time adjustment to the net income related to the benefit to participating shareholders from the August 2013 private placement). GAAP results included share-based compensation expense of $22.8 million for the third quarter of 2014 and $2.5 million for the third quarter of 2013.
Non-GAAP net income for the third quarter of 2014 was $9.7 million or $0.04 per share based on 232.9 million weighted average diluted shares outstanding. This compares to non-GAAP net income of $7.9 million, or $0.04 per share based on 206.0 million weighted average diluted shares outstanding during the third quarter of 2013. Non-GAAP net income excludes share-based compensation expenses.
Cash and Cash Flow: As of September 30, 2014, Mobileye had cash, cash equivalents and short-term investments of $349.2 million, compared to $149.0 million as of June 30, 2014. The increase is primarily due to Mobileye’s initial public offering (IPO) on August 1, 2014, which generated net proceeds of approximately $198.2 million.
The company generated $10.9 million in net cash from operating activities for the third quarter of 2014 compared to generating $4.8 million during the third quarter of 2013. The company generated $10.4 million in free cash flow for the 2014 third quarter compared to $4.3 million during the comparable 2013 quarter, mainly as a result of the increase in revenue described above. Free cash flow represents net cash provided by operating activities minus capital expenditures.
Archived conference call webcast available at Investor Relations section of Mobileye’s website at http://ir.mobileye.com through February 20, 2015.
I may still try and listen to it or preferably find a transcript.
D.