Earnings Call · Q2 2025 · Mgmt. Guidance
Updated 08-17-2026bullish
Transcript signals
Bull points
- So even then, back then, we weren't the first one to announce plans there. But today, V-Ride operates the largest commercial robot tech facility in the entire region and we're just the first and only autonomous driving company to have to receive a national autonomous driving permit in the UAE granted to us by the UAE prime minister.
- our robot tech fleet already covers half of the urban city. So that is unprecedented for the region.
- With all the expertise that we build there, we think we will remain to be the leading one in the Middle East. And we'll take it global to scale faster, smarter, and this very strong local impact.
Bear points
- Our net loss decreased by .7% to 406.4 million in the second quarter of 2025. On a non-IFRS basis, the net loss increased to 306.6 million, mainly due to continued investment in R&D and broader operating activities.
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