Canoo Inc. (NASDAQ:GOEV) Q3 2022 Results Conference Call November 9, 2022 5:00 AM ET

Company Participants

Kunal Bhalla - SVP, Corporate Development and Capital Markets

Tony Aquila - Investor, Chairman and CEO

Ramesh Murthy - Interim CFO and Chief Accounting Officer

Conference Call Participants

Amit Dayal - H.C. Wainwright

Bruce Chan - Stifel

Noel Parks - Tuohy Brothers

Operator

Greetings, and welcome to the Canoo Third Quarter 2022 Earnings Call. [Operator Instructions] Please note this conference is being recorded.

I will now turn a conference over to our host, Kunal Bhalla, Senior Vice President of Corporate Development and Capital Markets. Thank you. You may begin.

Kunal Bhalla

Thank you, and welcome everyone to Canoo’s quarterly earnings conference call. Today I have with me Investor, Chairman and CEO, Tony Aquila, along with interim CFO and Chief Accounting Officer, Ramesh Murthy. Tony will provide an update on the business, Ramesh will then run through our financial results for the quarter, turning it back to Tony for closing remarks. We will then open the call up for questions.

Please be advised we may make forward-looking statements based on current expectations. These are subject to significant risks and uncertainties and our actual results may differ materially.

For a discussion of factors that could affect our future financial results and business, please refer to the disclosure in today’s earnings release and on our most recent Form 10-Q and 10-K, and other reports that we may file with the SEC, including Form 8-Ks.

All of our statements are made as of today, and are based on information currently available to us. Except as required by law, we assume no obligation to update any such statements.

During this call, we’ll discuss non-GAAP financial measures. You can find the reconciliation of these non-GAAP financial measures to GAAP financial measures in today’s earnings release, which can be found on the IR section of our website.

Now, please navigate the webcast landing page and access the video link towards the bottom left of the page. We will pause briefly while you watch the video.

And now, I'll turn it over to Tony.

Tony Aquila

Thanks Kunal and welcome everyone to the call. Thank you all for joining.

Speaking to you today in the midst of global economic and geopolitical disruptions, the market and sector are under pressure. And these growing pains are compounded given the large group of younger companies. I've said this before, our team has weathered this type of environment successfully in the past. We have been through the tech bust, the ‘08 global financial crisis and others. Our strategy is bearing out and we will speak more about it today. We are a large investor compared to our peers focused on creating long-term shareholder value. And sometimes you take more pain on the front end. So we're going to have a bit of a different approach compared to others in the space.