Gauzy Ltd. announced on March 11, 2025, its financial results for the fourth quarter and full year ended December 31, 2024. Fourth-quarter revenues increased 41.8% to $31.1 million compared to $22.0 million in the prior year quarter, driven by strength in Safety Tech, Architecture, and Aeronautics.
For the full year 2024, revenues reached $103.5 million, a 33% increase from $77.98 million in 2023. Notably, Gauzy achieved its first-ever quarter of positive Adjusted EBITDA in Q4 2024, reporting $0.2 million compared to negative $6.0 million in Q4 2023, reflecting higher revenues and gross margin.
The company initiated its 2025 guidance, projecting full-year revenue between $130 million and $140 million, representing approximately 30% growth at the midpoint compared to 2024. Gauzy also expects to achieve positive Adjusted EBITDA for the full year 2025, supported by a committed and contracted backlog of $409 million and a potential projected revenue pipeline exceeding $1 billion over the next ten years.
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