Luminar Technologies Inc (OQ:LAZR)
Business Focus: Auto, Truck & Motorcycle Parts
| Sector: Consumer Cyclicals | Industry: Auto, Truck & Motorcycle Parts |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | 2603 Discovery Drive, Suite 100 ORLANDO FL 32826 |
| Tel: | N/A |
| Website: | https://www.luminartech.com |
| IR: | See website |
| Key People | ||
| Austin Russell Chairman of the Board, President, Chief Executive Officer | Thomas J. Fennimore Chief Financial Officer | Alan Prescott Chief Legal Officer, Secretary |
| Business Overview |
| Luminar Technologies, Inc. is a global automotive technology company, which is engaged in vehicle safety and autonomy. The Company enables safety and autonomous capabilities for passenger and commercial vehicles as well as other adjacent markets. The Company operates through two segments: Autonomy Solutions and Advanced Technologies and Services (ATS). The Autonomy Solutions segment is engaged in design, manufacturing, and sale of lidar sensors catering mainly to the original equipment manufacturers (OEMs) in the automobile, commercial vehicle, robo-taxi, and adjacent industries. The ATS segment provides advanced semiconductors and related components, as well as design, test, and consulting services to the Autonomy Solutions segment and to various third-party customers, including government agencies and defense contractors, in markets generally unrelated to autonomous vehicles. The Company's products include Iris lidar, Core Sensor Software, Driving Functions Software, and Sentinel. |
| Financial Overview |
| For the fiscal year ended 31 December 2023, Luminar Technologies Inc revenues increased 71% to $69.8M. Net loss increased 28% to $571.3M. Revenues reflect Autonomy Solutions segment increase from $24.4M to $48.8M, Advanced Technologies and Services segment increase of 28% to $20.9M, North America segment increase of 83% to $64.1M, Europe and Middle East segment increase from $2M to $4.5M. |
| Employees: | 800 as of Dec 31, 2023 |
| Reporting Currency: | U.S. Dollars |
| Enterprise value: | $888.83M as of Dec 31, 2023 |
| Annual revenue (TTM): | $69.78M as of Dec 31, 2023 |
| EBITDA (TTM): | -$521.13M as of Dec 31, 2023 |
| Net annual income (TTM): | -$571.27M as of Dec 31, 2023 |
| Free cash flow (TTM): | -$269.22M as of Dec 31, 2023 |
| Net Debt Last Fiscal Year: | $325.61M as of Dec 31, 2023 |
| Shares outstanding: | 421,887,427 as of Feb 15, 2024 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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