Toufiq Bousaid
๐ค SpeakerAppearances Over Time
Podcast Appearances
Well, so for the moment, I mean, the disruption that we have seen have been rather minimal.
So we have not noticed major disruption as far as our supply chain and so forth.
We did see some tactical adjustment of some of the logistic costs.
The shipping companies have indeed increased some of the pricing.
But as far as our operation is concerned, we didn't see any disruption for the time being.
So we will need to see long term if the events and the tension are extending for too long, how it will impact the business.
But for the moment, I have to say that the disruption is rather minimal.
So we have two important milestones.
The first one is the gross margin positive, and this is expected to happen in the midterm, and you should read midterm for...
basically the next three years and the free cash flow positive expected by the late decade.
So this is the plan that we have.
This is the guidance that we have provided yesterday during our investor day.
So several levers that we will be activating to get there.
First of all, I mean, we are in industry where scale is important.
So scale coming out of mid-size is one of the key catalysts to allow us to go to break even margin and cash flow positive.
So that's the first lever.
The second one is the margin improvement and the additional revenue streams that we will be adding to our top line.
So the margin is expected to improve on the back again of the scale, the various improvements that we're doing, not only in terms of constraining the bill of material or constraining some of the cost lines that we have in the company.
It's also about simplifying what we will be bringing to the market going forward.