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The main focus on the report will be on the progress regarding the start of production for Hella and the progression with other tier-1 suppliers. Redeye expects commentary around the Automotive and Mobility segments to be consistent with previous quarters. Redeye maintains its estimates but notes Gapwaves' volatile earnings due to the timing of order recognition across quarters. Weakness in the share on the report date could represent a good entry point for long-term investors as Gapwaves approaches commercialization with Hella (projected for 2024e) and Bosch (expected in 2026e). Gapwaves will report on 3 May, 2024 (07.00).
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