Microvast Holdings (MVST) Q2 2022 Earnings Call Transcript

Prepared Remarks

Questions and Answers

Call Participants

Prepared Remarks:

Operator

Thank you for standing by. This is the conference operator. Welcome to the Microvast Second Quarter 2022 Earnings Call. [Operator Instructions].

I would now like to turn the conference over to Sarah Alexander, Microvast General Counsel. Thank you. Please go ahead.

Sarah Alexander

Thank you, John, and thanks to the audience for joining us today. Sascha Kelterborn, our President and Chief Revenue Officer; and Craig Webster, Chief Financial Officer, will host today's call.

Ahead of this call, Microvast issued its second quarter 2022 earnings press release, which can be found on the Investor Relations section of our website at ir.microvast.com. In addition, we have posted a slide show to our website to accompany tonight's call. As a reminder, please note that we will be making forward-looking statements on this call. These statements are based on current expectations and assumptions and reflect our views only as of today. They should not be relied upon as representative about views as of any subsequent date and we undertake no obligation to revise or publicly release the results of any revision to these forward-looking statements in light of new information or future events. These statements are subject to a variety of risks and uncertainties that could cause actual results to differ materially from expectations. For further discussion of the material risks and other important factors that could affect our financial results, please refer to our filings with the SEC, including our annual report on Form 10-K filed in March and the 10-Q filed earlier today.

In addition, during today's call, we may discuss non-GAAP financial measures, including adjusted gross profit, adjusted net loss and adjusted EBITDA, and which we believe are useful as supplemental measures of Microvast's performance. These non-GAAP measures should be considered in addition to and not as a substitute for or in isolation from GAAP results. These non-GAAP measures have been reconciled to their most comparable GAAP metric in the tables included at the end of our press release.

A webcast replay of this call will also be available on the Investor Relations section of our company website.

With that, I'll turn the call over to Sascha for some opening remarks.

Sascha Kelterborn

Thank you, Sarah. Everyone, please turn to Slide 4 of our presentation as I cover a few highlights from the second quarter.