Eve Holding Inc Financials
This page shows Eve Holding Inc (EVEX) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 5 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Key Financial Metrics
Eve Holding Inc's EBITDA was -$156.1M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 19.8% from the prior year.
Eve Holding Inc generated -$141.2M in free cash flow in fiscal year 2024, representing cash available after capex. This represents a decrease of 49.1% from the prior year.
Eve Holding Inc reported -$138.2M in net income in fiscal year 2024. This represents a decrease of 8.2% from the prior year.
Eve Holding Inc earned $-0.48 per diluted share (EPS) in fiscal year 2024. This represents a decrease of 4.3% from the prior year.
Eve Holding Inc held $56.4M in cash against $132.0M in long-term debt as of fiscal year 2024.
Eve Holding Inc had 298M shares outstanding in fiscal year 2024. This represents an increase of 10.5% from the prior year.
Eve Holding Inc invested $129.8M in research and development in fiscal year 2024. This represents an increase of 23.0% from the prior year.
Eve Holding Inc invested $5.2M in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents an increase of 3004.8% from the prior year.
EVEX Income Statement
| Metric | Q3'25 | Q3'25 | Q3'25 | Q3'25 | Q3'25 | Q3'25 | Q3'25 | Q4'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | $44.9M-1.7% | $45.7M+2.1% | $44.7M | N/A | $32.4M-10.7% | $36.3M+32.3% | $27.5M | N/A |
| SG&A Expenses | $7.0M-14.4% | $8.2M+4.0% | $7.9M | N/A | $8.4M+55.8% | $5.4M-16.6% | $6.5M | N/A |
| Operating Income | -$51.9M+3.7% | -$53.9M-2.4% | -$52.6M | N/A | -$40.8M+2.1% | -$41.7M-22.9% | -$33.9M | N/A |
| Interest Expense | $2.7M+11.9% | $2.4M+6.9% | $2.2M | N/A | $835K+36.2% | $613K+48.8% | $412K | N/A |
| Income Tax | $1.2M+181.6% | $435K+178.0% | -$558K | N/A | $427K+8.1% | $395K-36.6% | $623K | N/A |
| Net Income | -$46.9M+27.5% | -$64.7M-32.6% | -$48.8M | N/A | -$35.8M+1.7% | -$36.4M-43.8% | -$25.3M | N/A |
| EPS (Diluted) | $-0.14+33.3% | $-0.21-31.2% | $-0.16 | N/A | $-0.12+7.7% | $-0.13-44.4% | $-0.09 | N/A |
EVEX Balance Sheet
| Metric | Q3'25 | Q3'25 | Q3'25 | Q3'25 | Q3'25 | Q3'25 | Q3'25 | Q4'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $439.7M+68.5% | $261.0M-14.2% | $304.2M-4.4% | $318.2M+9.9% | $289.5M+34.9% | $214.6M-6.0% | $228.3M-6.9% | $245.3M |
| Current Assets | $424.7M+69.8% | $250.1M-16.0% | $297.6M-4.8% | $312.8M+9.6% | $285.5M+35.7% | $210.4M-6.2% | $224.3M-7.4% | $242.2M |
| Cash & Equivalents | $65.8M+58.5% | $41.5M-30.2% | $59.5M+5.6% | $56.4M+129.4% | $24.6M-11.5% | $27.8M+17.7% | $23.6M-49.7% | $46.9M |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $255.6M+3.3% | $247.6M+8.6% | $228.0M+17.4% | $194.3M+54.4% | $125.9M+15.0% | $109.5M+25.2% | $87.4M+8.9% | $80.3M |
| Current Liabilities | $81.5M-9.6% | $90.2M+9.1% | $82.7M+39.3% | $59.3M+8.4% | $54.8M+0.8% | $54.3M+20.2% | $45.2M-13.0% | $52.0M |
| Long-Term Debt | $167.3M+8.6% | $154.0M+8.3% | $142.2M+7.7% | $132.0M+93.3% | $68.3M+29.9% | $52.6M+31.4% | $40.0M+55.4% | $25.8M |
| Total Equity | $184.1M+1270.0% | $13.4M-82.4% | $76.1M-38.6% | $123.9M-24.3% | $163.7M+55.7% | $105.1M-25.4% | $140.9M-14.6% | $165.1M |
| Retained Earnings | -$643.2M-7.9% | -$596.3M-12.2% | -$531.6M-10.1% | -$482.8M-9.2% | -$442.1M-8.8% | -$406.4M-9.8% | -$370.0M-7.3% | -$344.7M |
EVEX Cash Flow Statement
| Metric | Q3'25 | Q3'25 | Q3'25 | Q3'25 | Q3'25 | Q3'25 | Q3'25 | Q4'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | N/A | N/A | -$24.9M | N/A | N/A | N/A | -$35.8M | N/A |
| Capital Expenditures | N/A | N/A | $464K | N/A | N/A | N/A | $106K | N/A |
| Free Cash Flow | N/A | N/A | -$25.3M | N/A | N/A | N/A | -$35.9M | N/A |
| Investing Cash Flow | N/A | N/A | $18.5M | N/A | N/A | N/A | -$2.1M | N/A |
| Financing Cash Flow | N/A | N/A | $9.3M | N/A | N/A | N/A | $14.7M | N/A |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
EVEX Financial Ratios
| Metric | Q3'25 | Q3'25 | Q3'25 | Q3'25 | Q3'25 | Q3'25 | Q3'25 | Q4'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Equity | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Assets | -10.7%+14.1pp | -24.8%-8.7pp | -16.0% | N/A | -12.4%+4.6pp | -17.0%-5.9pp | -11.1% | N/A |
| Current Ratio | 5.21+2.4 | 2.77-0.8 | 3.60-1.7 | 5.27+0.1 | 5.21+1.3 | 3.87-1.1 | 4.96+0.3 | 4.66 |
| Debt-to-Equity | 0.91-10.6 | 11.46+9.6 | 1.87+0.8 | 1.07+0.6 | 0.42-0.1 | 0.50+0.2 | 0.28+0.1 | 0.16 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Financial Health Signals
Financial strength trend (9 signals). 7-9 = strong, 0-3 = weak.
Operating cash flow vs net income. Above 1.0x = cash-backed earnings.
Operating income vs interest expense. Above 5x = safe, below 2x = risky.
Similar Companies
Frequently Asked Questions
Is Eve Holding Inc profitable?
No, Eve Holding Inc (EVEX) reported a net income of -$138.2M in fiscal year 2024.
What is Eve Holding Inc's earnings per share (EPS)?
Eve Holding Inc (EVEX) reported diluted earnings per share of $-0.48 for fiscal year 2024. This represents a -4.3% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
What is Eve Holding Inc's EBITDA?
Eve Holding Inc (EVEX) had EBITDA of -$156.1M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Eve Holding Inc have?
As of fiscal year 2024, Eve Holding Inc (EVEX) had $56.4M in cash and equivalents against $132.0M in long-term debt.
What is Eve Holding Inc's free cash flow?
Eve Holding Inc (EVEX) generated -$141.2M in free cash flow during fiscal year 2024. This represents a -49.1% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Eve Holding Inc's operating cash flow?
Eve Holding Inc (EVEX) generated -$136.0M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Eve Holding Inc's total assets?
Eve Holding Inc (EVEX) had $318.2M in total assets as of fiscal year 2024, including both current and long-term assets.
What are Eve Holding Inc's capital expenditures?
Eve Holding Inc (EVEX) invested $5.2M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
How much does Eve Holding Inc spend on research and development?
Eve Holding Inc (EVEX) invested $129.8M in research and development during fiscal year 2024.
How many shares does Eve Holding Inc have outstanding?
Eve Holding Inc (EVEX) had 298M shares outstanding as of fiscal year 2024.
What is Eve Holding Inc's current ratio?
Eve Holding Inc (EVEX) had a current ratio of 5.27 as of fiscal year 2024, which is generally considered healthy.
What is Eve Holding Inc's debt-to-equity ratio?
Eve Holding Inc (EVEX) had a debt-to-equity ratio of 1.07 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Eve Holding Inc's return on assets (ROA)?
Eve Holding Inc (EVEX) had a return on assets of -43.4% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Eve Holding Inc's cash runway?
Based on fiscal year 2024 data, Eve Holding Inc (EVEX) had $56.4M in cash against an annual operating cash burn of $136.0M. This gives an estimated cash runway of approximately 5 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.
What is Eve Holding Inc's Piotroski F-Score?
Eve Holding Inc (EVEX) has a Piotroski F-Score of 3 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals.
Are Eve Holding Inc's earnings high quality?
Eve Holding Inc (EVEX) has an earnings quality ratio of 0.98x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation.
Can Eve Holding Inc cover its interest payments?
Eve Holding Inc (EVEX) has an interest coverage ratio of -42.7x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline.