Pony.ai FY2024 Revenue Hits Record High After 3-Yrs Growth
Pony.ai (PONY) reported its unaudited Q4 and FY2024 financial results, achieving record-high revenue of $75.0 million, a 4.3% increase from FY2023, maintaining its position as China's largest L4 autonomous mobility company by revenue. The company's robotaxi service generated $7.3 million in revenue through expansion in tier-1 Chinese cities.
Non-GAAP R&D expenses increased by 14% compared to 2023, supporting Gen-7 robotaxi development. The company maintains a strong financial position with $825.1 million in cash, cash equivalents, short-term investments, and long-term debt instruments.
Pony.ai established strategic partnerships with GAC Aion and BAIC BJEV for robotaxi R&D and mass production. The company plans to launch three Gen-7 robotaxi models in 2025 in collaboration with Toyota, GAC, and BAIC. Their PonyWorld technology has improved safety records by 16X and reduced commercial insurance costs to less than 50% of traditional taxis.
Pony.ai (PONY) ha riportato i risultati finanziari non auditati del quarto trimestre e dell'anno fiscale 2024, raggiungendo un fatturato record di 75,0 milioni di dollari, con un aumento del 4,3% rispetto all'anno fiscale 2023, mantenendo la sua posizione di azienda leader in Cina nel settore della mobilità autonoma L4 per fatturato. Il servizio di robotaxi dell'azienda ha generato 7,3 milioni di dollari di entrate grazie all'espansione nelle città cinesi di primo livello.
Le spese R&D non GAAP sono aumentate del 14% rispetto al 2023, sostenendo lo sviluppo del robotaxi di Gen-7. L'azienda mantiene una solida posizione finanziaria con 825,1 milioni di dollari in contante, equivalenti di cassa, investimenti a breve termine e strumenti di debito a lungo termine.
Pony.ai ha stabilito partnership strategiche con GAC Aion e BAIC BJEV per la ricerca e sviluppo e la produzione in serie dei robotaxi. L'azienda prevede di lanciare tre modelli di robotaxi Gen-7 nel 2025 in collaborazione con Toyota, GAC e BAIC. La loro tecnologia PonyWorld ha migliorato i record di sicurezza di 16 volte e ha ridotto i costi assicurativi commerciali a meno del 50% rispetto ai taxi tradizionali.
Pony.ai (PONY) informó sus resultados financieros no auditados del cuarto trimestre y del año fiscal 2024, alcanzando un ingreso récord de 75,0 millones de dólares, un aumento del 4,3% en comparación con el año fiscal 2023, manteniendo su posición como la empresa de movilidad autónoma L4 más grande de China por ingresos. El servicio de robotaxi de la compañía generó 7,3 millones de dólares en ingresos gracias a la expansión en ciudades chinas de primer nivel.
Los gastos de I+D no GAAP aumentaron un 14% en comparación con 2023, apoyando el desarrollo del robotaxi Gen-7. La compañía mantiene una sólida posición financiera con 825,1 millones de dólares en efectivo, equivalentes de efectivo, inversiones a corto plazo y instrumentos de deuda a largo plazo.
Pony.ai estableció asociaciones estratégicas con GAC Aion y BAIC BJEV para la I+D y producción en masa de robotaxis. La compañía planea lanzar tres modelos de robotaxi Gen-7 en 2025 en colaboración con Toyota, GAC y BAIC. Su tecnología PonyWorld ha mejorado los registros de seguridad en 16 veces y ha reducido los costos de seguros comerciales a menos del 50% de los taxis tradicionales.
Pony.ai (PONY)는 감사되지 않은 2024 회계연도 4분기 및 연간 재무 결과를 보고하며, 7500만 달러의 기록적인 매출을 달성하였으며, 이는 2023 회계연도 대비 4.3% 증가한 수치로, 매출 기준으로 중국의 L4 자율 모빌리티 회사 중 가장 큰 위치를 유지하고 있습니다. 회사의 로봇택시 서비스는 1급 중국 도시에서의 확장을 통해 730만 달러의 매출을 올렸습니다.
비 GAAP 연구개발 비용은 2023년에 비해 14% 증가하여 7세대 로봇택시 개발을 지원하고 있습니다. 회사는 8억 251만 달러의 현금, 현금성 자산, 단기 투자 및 장기 부채 상품으로 강력한 재무 상태를 유지하고 있습니다.
Pony.ai는 로봇택시 연구개발 및 대량 생산을 위해 GAC Aion 및 BAIC BJEV와 전략적 파트너십을 체결했습니다. 회사는 Toyota, GAC 및 BAIC와 협력하여 2025년에 3개의 7세대 로봇택시 모델을 출시할 계획입니다. 그들의 PonyWorld 기술은 안전 기록을 16배 개선하고 상업용 보험 비용을 전통적인 택시의 50% 이하로 줄였습니다.
Pony.ai (PONY) a annoncé ses résultats financiers non audités pour le quatrième trimestre et l'exercice 2024, atteignant un chiffre d'affaires record de 75,0 millions de dollars, soit une augmentation de 4,3% par rapport à l'exercice 2023, maintenant ainsi sa position de plus grande entreprise de mobilité autonome L4 en Chine en termes de revenus. Le service de robotaxi de l'entreprise a généré 7,3 millions de dollars de revenus grâce à son expansion dans les villes chinoises de premier niveau.
Les dépenses de R&D non GAAP ont augmenté de 14% par rapport à 2023, soutenant le développement du robotaxi de Gen-7. L'entreprise maintient une solide position financière avec 825,1 millions de dollars en espèces, équivalents de liquidités, investissements à court terme et instruments de dette à long terme.
Pony.ai a établi des partenariats stratégiques avec GAC Aion et BAIC BJEV pour la R&D et la production en série de robotaxis. L'entreprise prévoit de lancer trois modèles de robotaxi Gen-7 en 2025 en collaboration avec Toyota, GAC et BAIC. Leur technologie PonyWorld a amélioré les bilans de sécurité de 16 fois et réduit les coûts d'assurance commerciale à moins de 50% de ceux des taxis traditionnels.
Pony.ai (PONY) hat seine ungeprüften Finanzzahlen für das vierte Quartal und das Geschäftsjahr 2024 veröffentlicht und einen Rekordumsatz von 75,0 Millionen US-Dollar erzielt, was einem Anstieg von 4,3% im Vergleich zum Geschäftsjahr 2023 entspricht. Damit bleibt das Unternehmen der größte Anbieter für autonome Mobilität der L4-Klasse in China nach Umsatz. Der Robotaxi-Service des Unternehmens erzielte 7,3 Millionen US-Dollar an Einnahmen durch die Expansion in chinesische Tier-1-Städte.
Die nicht-GAAP F&E-Ausgaben stiegen im Vergleich zu 2023 um 14% und unterstützen die Entwicklung des Gen-7 Robotaxis. Das Unternehmen hat eine starke Finanzlage mit 825,1 Millionen US-Dollar in Bargeld, liquiden Mitteln, kurzfristigen Investitionen und langfristigen Schuldtiteln.
Pony.ai hat strategische Partnerschaften mit GAC Aion und BAIC BJEV für die F&E und die Serienproduktion von Robotaxis etabliert. Das Unternehmen plant, 2025 drei Modelle des Gen-7 Robotaxis in Zusammenarbeit mit Toyota, GAC und BAIC auf den Markt zu bringen. Ihre PonyWorld-Technologie hat die Sicherheitsbilanz um das 16-fache verbessert und die Kosten für kommerzielle Versicherungen auf weniger als 50% der traditionellen Taxis gesenkt.
- Record revenue of $75.0 million, up 4.3% YoY
- Strong cash position of $825.1 million
- Strategic partnerships with major automakers (Toyota, GAC, BAIC) for Gen-7 robotaxi development
- 16X improvement in safety record through PonyWorld technology
- 50% reduction in commercial insurance costs compared to traditional taxis
- 14% increase in R&D expenses
- Robotaxi revenue of $7.3M represents only 9.7% of total revenue
- FY total revenue rose to
US , up$75.0 million 4.3% from FY2023, largest L4 autonomous mobility company inChina by revenue. - FY robotaxi service revenue was
US , driven by service expansion in tier-1 Chinese cities. Co. expects growth to continue, supported by Gen-7 models deployment.$7.3 million - Non-GAAP R&D expenses rose
14% vs 2023 to support Gen-7 robotaxi R&D. - Cash and cash equivalents, short-term investments and restricted cash, and long-term debt instruments for wealth management were
US as of end-2024. Ample funding to facilitate robotaxi scaling.$825.1 million - Firmly promotes "robotaxi first,
China first, tier-1 cities first" strategy. Join hands with GAC Aion/BAIC BJEV in Q4 for robotaxi R&D, mass production. - To debut 3 Gen-7 robotaxi models in cooperation with Toyota, GAC, BAIC in 2025.
- PonyWorld, the key tech behind co.'s Virtual Driver capabilities helped improve safety record by 16X; Reduce commercial insurance cost per vehicle to <
50% of traditional taxis. - CEO James Peng: Eager to execute our mass production roadmap, accelerate beyond the inflection point of scaled commercialization, and build a world where autonomous mobility is safer, more efficient, and accessible than ever before.
Learn more: Pony AI Inc. Announces Unaudited Fourth Quarter and Full Year 2024 Financial Results
Media Contact: media@pony.ai
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SOURCE Pony.ai
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