ECARX Holdings Inc

ECARX Holdings, Inc. operates as global mobility technology company. It engages in transforming vehicles into integrated information, communications and transportation devices. The company was founded on November 12, 2019 and is headquartered in Shanghai, China.

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

ECARX reports robust Q1 earnings, eyes U.S. expansion and tech partnerships

ECARX Holdings Inc's Q1 2023 performance reflects revenue growth, improved profitability, and strategic advancements in product innovation and partnerships.
While facing challenges such as potential price cuts and financial transparency concerns, the company is well-positioned to capitalize on opportunities in the U.S. market, ADAS space, and revenue expansion.
Overall, ECARX's customer-centric approach, technological prowess, and commitment to innovation position them as a key player in the automotive technology sector.

ECARX reports robust Q2 revenue growth and strategic market positioning

ECARX's Q2 performance showcased strong revenue growth and operational achievements, underpinned by a focus on innovation and market readiness.
While facing challenges in profitability and cost management, the company's strategic strengths and opportunities for growth signal a positive outlook.
With a clear roadmap for expansion, ECARX is poised to capitalize on market demand, enhance partnerships, and drive technological advancements in the automotive sector.

ECARX reports robust Q3 earnings, focuses on innovation and global expansion

ECARX Holdings Inc (ECX) delivered strong financial results in Q3 2023, driven by revenue growth, design wins, and international expansion.
The company showcased technological advancements, ecosystem partnerships, and a focus on innovation to drive future growth and competitiveness.
While facing challenges such as rising operating expenses and market competition, ECARX remains committed to operational efficiency and cost management for sustained success.

ECARX reports record revenue in Q4 2023, poised for growth

ECARX had a strong performance in Q4 2023, with record revenue and narrowed net loss, showcasing innovation and growth in the automotive technology sector.
The company's focus on international markets, partnerships, cost optimization, and operational efficiency underpin its strategic strengths and growth trajectory.
While facing challenges in pricing, content, and market dynamics, ECARX is well-positioned to leverage opportunities in product innovation, market trends, and global expansion.
Overall, ECARX's optimistic outlook for 2024, with new launches and customer growth, reflects a promising future with a strong foundation for continued success.

ECARX reports robust Q1 growth, eyes European expansion and tech innovation

ECARX's strong Q1 2024 performance, driven by revenue growth and technological advancements, positions the company well in the software-defined vehicles segment.
Despite challenges like margin pressure and EBITDA loss, ECARX's focus on cost reduction, partnerships, and market expansion presents growth opportunities.
Strategic strengths in innovation, manufacturing control, and partnerships with industry leaders underpin ECARX's positive growth trajectory and profitability outlook.
Opportunities in overseas markets, technological advancements, and ecosystem building support ECARX's goal of providing advanced solutions and driving sustainable growth.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

ECARX Holdings, Inc. engages in the development of mobility technology services. The company was founded on November 12, 2019 and is headquartered in London, the United Kingdom.

LONDON, Jan. 05, 2024 (GLOBE NEWSWIRE) -- ECARX Holdings Inc. (Nasdaq: ECX) (“ECARX” or the “Company”), a global mobility tech provider, today announced the appointment of Mr. Tan Su as a director of the Company, effective on January 5, 2024, to replace Mr. Zhenyu Li, who has tendered his resignation as a director of the Company effective on the same day due to personal reasons.

ECARX Announces Board Changes

SHANGHAI, China, Dec. 28, 2023 (GLOBE NEWSWIRE) -- ECARX Holdings Inc. (Nasdaq: ECX) ("ECARX"), a global mobility technology provider, today announced that pursuant to a shareholders' agreement dated November 16, 2023, a joint venture has been established between ECARX and smart, the new-premium intelligent all-electric auto brand, through their respective subsidiaries. The joint venture, smart (Zhejiang) Software Technology Co., Ltd. (“smart Software Technology”), aims to drive the development of industry-leading intelligent experiences within smart vehicles. Through this new partnership, ECARX and smart will work together to drive technological advances, expand the research and development ecosystem through talent exchanges and joint innovation, and accelerate their global expansion efforts.

ECARX and smart Form Joint Venture to Drive Development of Intelligent Automotive Products

SHANGHAI, China, Dec. 22, 2023 (GLOBE NEWSWIRE) -- ECARX Holdings Inc. (Nasdaq: ECX) ("ECARX"), a global mobility technology provider, today announced that it has signed a new strategic partnership agreement with Black Sesame Technologies (“Black Sesame”), a leading automotive-grade SoC and SoC-based intelligent vehicle solution provider.

ECARX and Black Sesame Technologies Strengthen Partnership to Develop Intelligent Driving Ecosystem

Fisker Inc

ACELYRIN Inc

Buy low, sell high. It's an investing mantra drummed into our heads from the moment we start buying stocks.

Are November's 3 Biggest Stock Losers Worth Snapping Up Now?

SHANGHAI, China, Dec. 05, 2023 (GLOBE NEWSWIRE) -- ECARX Holdings Inc. (Nasdaq: ECX) ("ECARX"), a global mobility technology provider, today announced that it has partnered with Black Sesame Technologies and BlackBerry Limited (NYSE: BB; TSX: BB) to jointly deploy its Skyland ADAS platform in Lynk & Co's flagship SUV, the Lynk & Co 08 . ECARX Skyland Pro is powered by the BlackBerry QNX® Neutrino® Real-Time Operating System (RTOS) and Black Sesame Technologies' Huashan II A1000 ADAS computing chip . This robust tech stack supports the ECARX Skyland Pro with exceptional computing power, stability, reliability, and safety.

ECARX Partners with Black Sesame Technologies and BlackBerry to Jointly Deploy its Skyland ADAS Platform

SHANGHAI, China, Nov. 21, 2023 (GLOBE NEWSWIRE) -- ECARX Holdings Inc. (Nasdaq: ECX) ("ECARX"), a global mobility technology provider, today announced that the Lynk & Co 06 EM-P SUV, featuring a digital cockpit experience powered by the ECARX Antora 1000 computing platform, has entered mass production.

ECARX Starts Mass Production of its Antora 1000 computing platform for the Lynk & Co 06 SUV

ECARX Holdings Inc. (NASDAQ:ECX ) Q3 2023 Earnings Conference Call November 9, 2023 8:00 AM ET Company Participants Renee Du - Head of Investor Relations Ziyu Shen - Co-Founder, Chairman & Chief Executive Officer Peter Cirino - Chief Operating Officer Phil Zhou - Chief Financial Officer Conference Call Participants Derek Soderberg - Cantor Fitzgerald Renee Du Good morning and welcome to our Third Quarter 2023 Earnings Conference Call. With me today are ECARX Chairman and Chief Executive Officer; Ziyu Shen, Chief Operating Officer; Peter Cirino and Chief Financial Officer.

ECARX Holdings Inc. (ECX) Q3 2023 Earnings Call Transcript

LONDON, Nov. 09, 2023 (GLOBE NEWSWIRE) -- ECARX Holdings Inc. (Nasdaq: ECX) ("ECARX" or the “Company”), a global mobility tech provider, today announced unaudited financial results for the quarter ended September 30, 2023.

ECARX Announces Third Quarter 2023 Financial Results

SHANGHAI, China, Nov. 06, 2023 (GLOBE NEWSWIRE) -- ECARX Holdings Inc. (Nasdaq: ECX) ("ECARX"), a global provider of mobility technology, has today announced a new series of Advanced Driver Assistance System (ADAS) enabled products, starting with the ECARX Skyland Pro. It will support drivers as the autonomy of their vehicles increases.

ECARX Delivers ADAS Platform to Global Car Manufacturers

SHANGHAI, China, Oct. 18, 2023 (GLOBE NEWSWIRE) -- ECARX Holdings, Inc. (Nasdaq: ECX) ("ECARX"), a global mobility tech provider, today announced that it will report its financial results for the third quarter of 2023 before the U.S. market opens on Thursday, November 9, 2023. Company management will hold an earnings conference call via live audio webcast to discuss the financial results and will be available to answer questions from analysts and institutional investors.

ECARX to Report Third Quarter 2023 Financial Results on November 9, 2023

SHANGHAI, China, Sept. 28, 2023 (GLOBE NEWSWIRE) -- ECARX Holdings Inc. (Nasdaq: ECX), a global mobility technology provider, together with SiEngine, a leading designer of advanced automotive System-on-a-Chip (SoC) technologies, and XINGJI MEIZU Group, a leader in smart technologies, held a production delivery ceremony on 26 September at Lynk & Co's Yuyao plant (Zhejiang province, China), and, at the same time, at Hubei Dongjun Automotive Electronics Technology Co., Ltd. (Hubei province, China).

ECARX, together with SiEngine and XINGJI MEIZU Group, to create extraordinary cockpit experience in the new Lynk & Co SUV

LONDON, Aug. 28, 2023 (GLOBE NEWSWIRE) -- ECARX Holdings Inc. (Nasdaq: ECX), a global mobility technology provider, is teaming up with Mobileye (Nasdaq: MBLY) in building a one box solution integrating automated driving and parking features, that will enable hands-off and eyes-off self-driving on controlled-access highways. Based on the Mobileye Chauffeur™ consumer AV platform, this solution is planned to be put into mass production in the Polestar 4 electric SUV coupé.

ECARX to collaborate with Mobileye to Build Integrated Driver Assist Solution Expected to Make Global Debut on Polestar 4 electric SUV coupé

SHANGHAI, China, Aug. 24, 2023 (GLOBE NEWSWIRE) -- ECARX Holdings Inc. (Nasdaq: ECX), a global mobility technology provider together with leading Internet of Vehicles company, China Unicom Smart Connection (CUSC), has been selected by Dongfeng Peugeot-Citroën Automobile (DPCA), the joint venture between Dongfeng and Stellantis, to supply Intelligent Cockpit 2.0 products, based on the ECARX E02 intelligent cockpit computing module, for three major vehicles launches this year.

Dongfeng Peugeot-Citroën Automobile selects ECARX to build its next generation of intelligent cockpits

ECARX Holdings Inc. (NASDAQ:ECX ) Q2 2023 Earnings Conference Call August 9, 2023 8:00 AM ET Company Participants Adam Kay - Head of IR Ziyu Shen - Co-Founder, Chairman and CEO Peter Cirino - COO Phil Zhou - CFO Conference Call Participants Derek Soderberg - Cantor Fitzgerald Shelley Wang - Morgan Stanley Xiaoyi Lei - Jefferies Poe Fratt - Alliance Global Partners Adam Kay Good morning, and welcome to our second quarter 2023 earnings conference call. With me today are ECARX Chairman, Chief Executive Officer and Co-Founder, Ziyu Shen; Chief Operating Officer, Peter Cirino; and our recently appointed Chief Financial Officer, Phil Zhou.

ECARX Holdings Inc. (ECX) Q2 2023 Earnings Call Transcript

LONDON, Aug. 09, 2023 (GLOBE NEWSWIRE) -- ECARX Holdings, Inc. (Nasdaq: ECX) ("ECARX" or the “Company”), a global mobility tech provider, today reported financial results for the quarter ended June 30, 2023.

ECARX Announces Second Quarter 2023 Financial Results

LONDON, July 28, 2023 (GLOBE NEWSWIRE) -- ECARX Holdings, Inc. (Nasdaq: ECX) (“ECARX” or the “Company”), the global mobility tech provider, today announced that it has appointed Mr. Phil Jing Zhou as its chief financial officer, effective on July 28, 2023. Mr. Zhou will succeed Mr. Ramesh Narasimhan, who will take on the position of advisor to the chief executive officer with effect from the same date.

ECARX Appoints New Chief Financial Officer

LONDON, July 19, 2023 (GLOBE NEWSWIRE) -- ECARX Holdings, Inc. (Nasdaq: ECX) ("ECARX"), a global mobility tech provider, today announced that it will report its financial results for the second quarter of 2023 before the U.S. market opens on Wednesday, August 9, 2023. Company management will hold an earnings conference call via live audio webcast to discuss the financial results and will be available to answer questions from analysts and institutional investors.

ECARX to Report Second Quarter 2023 Financial Results on August 9, 2023

Investment expected to further strengthen overall capabilities and accelerate revenue growth for ECARX Investment expected to further strengthen overall capabilities and accelerate revenue growth for ECARX

ECARX Increases Stake in JICA Intelligent

ECARX Holdings Inc. (NASDAQ:ECX ) Q1 2023 Earnings Conference Call June 12, 2023 8:00 AM ET Company Participants Adam Kay - Head of IR Ziyu Shen - Co-Founder, Chairman and CEO Peter Cirino - COO Ramesh Narasimhan - CFO Conference Call Participants George Gianarikas - Canaccord Genuity Yuqian Ding - HSBC Ying Si - CICC Derek Soderberg - Cantor Fitzgerald Shelley Wang - Morgan Stanley Xiaoyi Lei - Jefferies Suji Desilva - ROTH Capital Adam Kay Good morning, everyone, and welcome to our First Quarter 2023 Earnings Conference Call. With me today are ECARX Chairman, CEO and Co-Founder, Ziyu Shen, Chief Operating Officer, Peter Cirino, and Chief Financial Officer, Ramesh Narasimhan.

ECARX Holdings Inc. (ECX) Q1 2023 Earnings Call Transcript

LONDON, June 12, 2023 (GLOBE NEWSWIRE) -- ECARX Holdings, Inc. (Nasdaq: ECX) ("ECARX" or the “Company”), a global mobility tech provider, today reported financial results for the quarter ended March 31, 2023. The Company also reaffirmed its financial guidance for the full year 2023 following strong execution in the first quarter.

ECARX Announces First Quarter 2023 Financial Results

SHANGHAI, China, May 31, 2023 (GLOBE NEWSWIRE) -- ECARX, a global mobility tech provider (Nasdaq: ECX), together with Neusoft Corporation, today announced the mass production of intelligent cockpit product customized for Changan Mazda on its CX-50 model, based on ECARX's E02 intelligent cockpit computing platform. Over 770,000 units of ECARX E02 intelligent cockpit computing platform have been produced and equipped on 26 vehicle models from various OEM brands.

ECARX Empowers Changan Mazda with Brand-new Experience of Intelligent Cockpit

LONDON, May 22, 2023 (GLOBE NEWSWIRE) -- ECARX Holdings, Inc. (Nasdaq: ECX) ("ECARX"), a global mobility-tech provider, today announced that its management team will be participating in the following investor conferences in May and June:

ECARX to Participate in Upcoming Investor Conferences

LONDON, May 22, 2023 (GLOBE NEWSWIRE) -- ECARX Holdings, Inc. (Nasdaq: ECX) ("ECARX"), a global mobility tech provider, today announced that it will report its financial results for the first quarter of 2023 before the U.S. market opens on Monday, June 12, 2023. Company management will hold an earnings conference call via live audio webcast to discuss the financial results and will be available to answer questions from analysts and institutional investors.

ECARX to Report First Quarter 2023 Financial Results on June 12, 2023

New suite of products and cutting-edge partnership will overhaul the in-vehicle experience, pioneering a new era of intelligent vehicles NEW YORK , May 9, 2023 /PRNewswire/ -- ECARX Holdings, Inc. (Nasdaq: ECX) ("ECARX"), today formally announced during its inaugural investor day a suite of new groundbreaking products that will push the boundaries of the driver experience. Among the products are Super Brain – a new "all-in-one" central computing system, Makalu – a new intelligent cockpit platform with real-time 3D rendering, server level processing performance, and new functionalities for safety and security.

ECARX Accelerates Next Generation of In-Vehicle Computing; Partners with Unreal Engines

Executives to Review ECARX's Vision, Strategy, and Execution NEW YORK , May 9, 2023 /PRNewswire/ -- Today, ECARX Holdings, Inc. (Nasdaq: ECX) ("ECARX"), will host its inaugural investor day in New York City. The event will feature presentations from leadership and provide an updated view of the company's growth strategy, capital allocation plans, and product pipeline, followed by a live Q&A and product demonstrations.

News for ECARX Holdings Inc Stock (ECX)