Wallbox N.V. (NYSE:WBX) Q3 2023 Results Conference Call November 9, 2023 8:00 AM ET

Company Participants

Matt Tractenberg - VP, IR

Enric Asuncion - CEO

Jordi Lainz - CFO

Conference Call Participants

George Gianarikas - Canaccord Genuity

Abhi Sinha - Northland Capital

Stephen Gengaro - Stifel

Ben Kallo - Baird

Robert Jamieson - UBS

Operator

Hello, everyone, and welcome to Wallbox's Third Quarter 2023 Earnings Conference Call and Webcast. My name is Charlie and I'll be your operator for today's call. At this time, all participants’ lines have been placed in a listen-only mode to prevent background noise. After the speakers’ remarks there will be a question-and-answer session. [Operator Instructions]

I will now turn the call over to Matt Tractenberg, Wallbox's Vice President, Investor Relations, to begin. Matt, please go ahead.

Matt Tractenberg

Thank you, Charlie, and good morning and good afternoon to everyone listening in today. Thank you for joining today's webcast to discuss Wallbox's third quarter 2023 results. This event is being broadcasted over the web and can be accessed from the Investors section of our website at investors.wallbox.com.

I'm joined today by Enric Asuncion, Wallbox's CEO; and Jordi Lainz, our CFO. Earlier today, we issued our press release announcing results from the third quarter period ending September 30, 2023, which can also be found on our website.

Before we begin, I'd like to remind everyone that certain statements made on today's call are forward-looking that may be subject to risks and uncertainties relating to future events and/or the future financial performance of the Company. Actual results could differ materially from those anticipated. Risk factors that may affect results are detailed in the Company's most recent public filings with the SEC, including in the annual report, Form 20-F for the fiscal year ended December 31, 2022, filed on March 31, 2023. We will be presenting unaudited financial statements in IFRS format that reflect management's best assessment of actual results.

Also, please note that we use certain non-IFRS financial measures on this call and reconciliations of these measures are included in the presentation posted on the Investors section of our website. Also, a copy of these prepared remarks can be obtained from the Investor Relations website under Quarterly Results section, so you can more easily follow along with us today.

So with that out of the way, I'll turn it over to Enric.

Enric Asuncion

Thank you, Matt, and thanks, everyone, for joining us today. In addition to renewing highlights from the third quarter 2023, we will spend some time discussing how the current market environment is evolving and how our strategy fits within. We will also dig into the ABL transaction and why it has the opportunities to transform our competitive position in the years to come. And then we will review some recent partnerships and commercial wins.