Einride (ENRD) investor relations material

Company overview and business model

• Provides digital, electric, and autonomous road freight solutions via a proprietary AI/ML-powered platform and autonomous driving system.

• Operates through Freight-Capacity-as-a-Service (FCaaS) and Software-as-a-Service (SaaS) models, offering end-to-end transport services and vehicle-agnostic technology.

• As of June 2026, active in seven countries with over 30 customers, including major global shippers.

• Deployed one of the world’s largest electric heavy-duty vehicle fleets and developed a leading charging infrastructure network.

• Multi-year, take-or-pay contracts with customers, and SaaS launched in late 2025 to expand technology reach.

Financial performance and metrics

• Revenue for the six months ended June 30, 2026: SEK 263.5 million, up 22% year-over-year.

• Annual Recurring Revenue (ARR) from signed FCaaS contracts: ~$92 million as of February 2026.

• Net loss for the six months ended June 30, 2026: SEK 1,118.1 million; for 2025: SEK 1,721.7 million.

• Cash and cash equivalents as of June 30, 2026: SEK 747.6 million.

• Company has a history of net losses and expects continued losses as it scales operations.

Use of proceeds and capital allocation

• Will receive up to $118.9 million from the exercise of all Warrants, if exercised for cash.

• Proceeds from warrant exercises intended for general corporate purposes.

• No proceeds from resale of securities by selling securityholders.

• Ongoing investments in R&D, scaling FCaaS and SaaS, and expanding charging infrastructure.