Financial Snapshot

Revenue
$23.07M
TTM
Gross Margin
-13.89%
TTM
Net Earnings
-$222.2M
TTM
Current Assets
Q4 2024
Current Liabilities
Q4 2024
Current Ratio
549.35%
Q4 2024
Total Assets
Q4 2024
Total Liabilities
Q4 2024
Book Value
$249.4M
Q4 2024
Cash
Q4 2024
P/E
-5.173
Apr 15, 2025 EST
Free Cash Flow
-$184.8M
TTM

Revenues

Revenues

Revenue YoY Change

Revenues

Concept 2024 2023 2022 2021 2020 2019
Revenue $23.07M $6.200M $0.00 $0.00 $0.00 $0.00
YoY Change 272.16%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept 2024 2023 2022 2021 2020 2019
Revenue $23.07M $6.200M $0.00 $0.00 $0.00 $0.00
Cost Of Revenue $25.12M $23.24M $1.967M $1.970M $3.375M $161.0K
Gross Profit -$2.045M -$17.04M -$1.967M -$1.970M -$3.375M -$161.0K
Gross Profit Margin -8.86% -274.79%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

No data

R&D To Gross Profit Ratio

No data

DDA To Gross Profit Ratio

No data

Operating Expenses Total

Operating Profits/Loss

Operating Profits/Loss YoY Change

Operating Earnings to Gross Profit Ratio

No data

Operating Profit Margin

Operational Expenses

Concept 2024 2023 2022 2021 2020 2019
Selling, General & Admin $74.31M $51.97M $29.71M $29.71M $5.713M $4.203M
YoY Change 42.99% 74.95% -0.02% 420.04% 35.93%
% of Gross Profit
Research & Development $124.5M $58.05M $37.85M $37.85M $14.44M $12.15M
YoY Change 114.48% 53.37% 0.0% 162.08% 18.89%
% of Gross Profit
Depreciation & Amortization $44.96M $7.425M $995.0K $1.000M $579.0K $509.0K
YoY Change 505.54% 646.23% -0.5% 72.71% 13.75%
% of Gross Profit
Operating Expenses $240.6M $114.9M $69.52M $67.55M $23.53M $16.35M
YoY Change 109.34% 65.33% 2.92% 187.08% 43.91%
Operating Profit -$242.7M -$132.0M -$69.52M -$69.52M -$23.53M -$16.51M
YoY Change 83.87% 89.84% 0.0% 195.45% 42.51%
Operating Profit To Gross Profit
Operating Profit To Revenue -1051.7% -2128.69%

Interest Expenses

Interest Expenses To Operating Income %

No data

Other Expense/Income

Interest & Other Expense/Income

Concept 2024 2023 2022 2021 2020 2019
Interest Expense $5.545M $5.231M -$187.0K -$190.0K -$107.0K -$23.00K
YoY Change 6.0% -2897.33% -1.58% 77.57% 365.22%
% of Operating Profit
Other Income/Expense, Net $18.74M $80.36M -$56.35M -$56.17M -$16.12M $346.0K
YoY Change -76.68% -242.6% 0.32% 248.45% -4758.96%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

No data

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept 2024 2023 2022 2021 2020 2019
Pretax Income -$223.9M -$51.62M -$125.9M -$125.9M -$39.65M -$16.19M
YoY Change 333.78% -58.99% 0.0% 217.45% 144.93%
Income Tax -$1.392M $0.00 $0.00 $0.00 $0.00 $0.00
% Of Pretax Income
Net Earnings -$222.2M -$51.62M -$125.9M -$125.9M -$39.65M -$16.19M
YoY Change 330.52% -58.99% 0.0% 217.45% 144.93%
Net Earnings / Revenue -963.17% -832.61%
Basic Earnings Per Share -$1.27 -$0.34 -$1.07 -$0.49
Diluted Earnings Per Share -$1.27 -$0.82 -$1.074M -$1.07 -$273.0K -$111.5K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept 2024 2023 2022 2021 2020 2019
Cash & Short-Term Investments $272.9M $322.9M $385.3M $385.3M $29.14M $10.23M
YoY Change -15.48% -16.21% 0.0% 1222.1% 184.99%
Cash & Equivalents $272.9M $322.9M $385.3M $385.3M $29.14M $10.23M
Short-Term Investments $0.00 $73.69M
Other Short-Term Assets $9.903M $5.993M $12.83M $12.90M $3.901M $369.0K
YoY Change 65.24% -53.28% -0.56% 230.68% 957.18%
Inventory $7.664M $634.0K $600.0K
Prepaid Expenses
Receivables $4.566M $170.0K $200.0K
Other Receivables $4.000K $0.00 $0.00
Total Short-Term Assets $295.0M $329.6M $398.1M $398.1M $33.04M $10.60M
YoY Change -10.51% -17.2% 0.01% 1104.76% 211.88%
Property, Plant & Equipment $181.4M $110.0M $83.28M $83.30M $31.29M $4.916M
YoY Change 64.93% 32.08% -0.02% 166.22% 536.49%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $2.126M $937.0K $1.162M $1.200M $630.0K $1.103M
YoY Change 126.89% -19.36% -3.17% 90.48% -42.88%
Total Long-Term Assets $232.2M $110.9M $84.44M $84.50M $31.92M $6.019M
YoY Change 109.27% 31.37% -0.07% 164.72% 430.32%
Total Assets $527.2M $440.6M $482.6M $482.6M $64.96M $16.61M
YoY Change
Accounts Payable $9.492M $7.077M $3.144M $3.100M $2.083M $257.0K
YoY Change 34.12% 125.1% 1.42% 48.82% 710.51%
Accrued Expenses $24.51M $12.65M $11.21M $11.20M $3.267M $674.0K
YoY Change 93.78% 12.82% 0.09% 242.82% 384.72%
Deferred Revenue
YoY Change
Short-Term Debt $9.282M $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $170.0K $1.605M
YoY Change -89.41%
Total Short-Term Liabilities $53.70M $23.03M $20.64M $20.60M $10.87M $1.026M
YoY Change 133.19% 11.6% 0.17% 89.55% 959.26%
Long-Term Debt $169.8M $0.00 $0.00 $0.00 $0.00 $5.651M
YoY Change -100.0%
Other Long-Term Liabilities $45.46M $61.13M $135.8M $135.8M $17.88M $6.959M
YoY Change -25.63% -54.99% 0.01% 659.51% 156.93%
Total Long-Term Liabilities $215.3M $61.13M $135.8M $135.8M $17.88M $12.61M
YoY Change 252.17% -54.99% 0.01% 659.51% 41.79%
Total Liabilities $280.4M $84.16M $156.4M $156.4M $28.75M $13.64M
YoY Change 233.21% -46.21% 0.03% 444.04% 110.82%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

No data

Treasury Stock Shares

No data

Stock Issuance & Repurchase

Ownership Data

Concept 2024 2023 2022 2021 2020 2019
Basic Shares Outstanding 175.0M shares 152.9M shares 117.2M shares 80.37M shares
Diluted Shares Outstanding 175.0M shares 154.1M shares 117.2M shares 80.37M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Dividends

No data

Stock Price

Market Cap: $1.1496 Billion

About Enovix Corp

Enovix Corp. engages in the design and development of silicon-anode lithium-ion batteries. The company is headquartered in Fremont, California and currently employs 570 full-time employees. The company went IPO on 2020-12-04. The Company’s disruptive architecture enables a battery with high energy density and capacity without compromising safety. The company is engaged in designing, developing, manufacturing, and commercializing lithium-ion (Li-ion) battery cells that significantly increase the amount of energy density and storage capacity relative to conventional battery cells. Its product roadmap consists of future nodes at higher levels of energy density. In addition to designing its battery, it also develops the advanced manufacturing processes needed to produce its batteries. The company uses the conventional Li-ion battery cell manufacturing techniques for processes, such as electrode coating, cell packaging, testing, and aging. The company is engaged in the sale of lithium-ion batteries, electrode coating and battery pack products. The firm develops Li-ion battery cells for industrial and consumer equipment. The firm has two factories in Korea.

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