Otonomo Technologies Ltd. (NASDAQ:OTMO) Q1 2022 Earnings Conference Call May 17, 2022 8:30 AM ET

Company Participants

Miri Segal - Investor Relations

Ben Volkow - Chief Executive Officer, Director & Co-Founder

Bonnie Moav - Chief Financial Officer

Doron Simon - Executive Vice President, Strategy & Corporate Development

Conference Call Participants

Josh Nichols - B. Riley

Operator

Good day and thank you for standing by. Welcome to the Otonomo’s First Quarter 2022 Earnings Call. At this time, all participants are in a listen-only mode. After the speaker's presentation, there’ll be a question-and-answer session. [Operator Instructions] Please be advised that today's conference is being recorded. [Operator Instructions]

I would now like to hand the call over to Miri Segal, CEO of MS IR. Please, go ahead.

Miri Segal

Thank you, operator, and thank you all for joining us today. Welcome to Otonomo’s first quarter 2022 financial results conference call.

Before we begin, I would like to remind you that our discussions today will include forward-looking statements that are subject to risks and uncertainties relating to future events and the future financial performance of Otonomo. Actual results could differ materially from those anticipated in the forward-looking statements.

Forward-looking statements made today speak only to our expectations as of today, and we undertake no obligation to publicly update or revise them. For a discussion of some of the important risk factors that could cause actual results to differ materially from any forward-looking statements, please see the Risk Factors section of Otonomo’s 20-F form filed with the SEC on March 31, 2022.

If you have not received a copy of the earnings press release, please download one from the Investor Relations section of the company's website. Today's call will be accompanied by a PowerPoint presentation. You're welcome to view the presentation on Otonomo’s Investor Relations website. Following the call, a replay of the webcast will be available on the Otonomo’s Investor Relations website.

Please also note that we will present non-GAAP operating loss on today's call, which is a historical non-GAAP financial measure. Because this financial measure is used in Otonomo’s internal analysis of financial and operating performance, Otonomo believes that it provides increased transparency to investors of management's view of our economic performance.

Otonomo also believes the presentation of this measure allows investors to more effectively evaluate and compare the performance of Otonomo to that of its peers. Although, Otonomo’s presentation of this non-GAAP measure may not be comparable to other similarly titled measures of other companies. A reconciliation of this measure to its most directly comparable GAAP financial measure is included in our earnings release.