LeddarTech
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LeddarTech (LDTCF) investor relations material

LeddarTech Q2 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q2 2025 earnings summary14 May, 2025

Executive summary

  • Achieved a major design win with a commercial trucking OEM and progressed integration of software into 2028 model year vehicles, expected to generate non-recurring revenue in FY2025.

  • Launched LeddarSim, a simulation solution reducing ADAS/AD system training costs by up to 90%, opening a new high-margin SaaS revenue stream.

  • Maintains a sales pipeline exceeding $2 billion in potential lifetime revenue and over 30 active opportunities with OEMs and Tier 1/2 suppliers.

  • Demonstrated technology readiness through over 110 live on-road demos and strong customer engagement at major industry events.

  • Software now ported to five major SoC suppliers, enhancing deployment flexibility.

Financial highlights

  • Q2 2025 revenue was CAD 239,000 (or $238,914), up 96% year-over-year.

  • EBITDA loss for Q2 was CAD 8.4 million, improved from CAD 14 million loss in Q2 2024.

  • Adjusted EBITDA loss was CAD 12 million, higher than CAD 8.7 million loss in the prior year, due to increased R&D expenses.

  • Net loss from continuing operations was CAD 16 million, or ($0.42) per share, compared to CAD 17 million, or ($0.60) per share, in Q2 2024.

Outlook and guidance

  • Focused on securing additional capital, executing on the OEM design win, and achieving further design wins in 2025.

  • Fiscal Q3 2025 results will be reported in mid-August, with no conference call planned.

  • Actively seeking additional financing to address liquidity challenges and comply with debt covenants.

Refinancing plan by May 16, 2025 update?
LeddarSim's SaaS revenue potential and timeline?
When does the trucking OEM win generate revenue?
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