Financial Snapshot

Revenue
$89.22M
TTM
Gross Margin
53.61%
TTM
Net Earnings
-$19.07M
TTM
Current Assets
Q2 2024
Current Liabilities
Q2 2024
Current Ratio
173.66%
Q2 2024
Total Assets
Q2 2024
Total Liabilities
Q2 2024
Book Value
$153.1M
Q2 2024
Cash
Q2 2024
P/E
-36.26
Nov 29, 2024 EST
Free Cash Flow
-$96.31M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019
Revenue $80.42M $55.20M $23.39M $5.381M $5.846M
YoY Change 45.7% 135.95% 334.73% -7.95%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019
Revenue $80.42M $55.20M $23.39M $5.381M $5.846M
Cost Of Revenue $46.59M $53.47M $19.36M $4.059M $5.294M
Gross Profit $33.83M $1.729M $4.029M $1.322M $552.0K
Gross Profit Margin 42.07% 3.13% 17.22% 24.57% 9.44%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019
Selling, General & Admin $97.31M $84.36M $45.97M $13.81M $10.46M
YoY Change 15.36% 83.51% 232.76% 32.13%
% of Gross Profit 287.66% 4879.01% 1140.93% 1044.93% 1894.02%
Research & Development $24.46M $18.77M $11.46M $15.55M $8.496M
YoY Change 30.28% 63.82% -26.33% 83.06%
% of Gross Profit 72.29% 1085.66% 284.39% 1176.48% 1539.13%
Depreciation & Amortization $9.900M $5.500M $2.895M $1.065M $535.0K
YoY Change 80.0% 89.98% 171.83% 99.07%
% of Gross Profit 29.26% 318.1% 71.85% 80.56% 96.92%
Operating Expenses $122.1M $104.3M $59.30M $29.37M $18.95M
YoY Change 17.07% 75.88% 101.91% 54.96%
Operating Profit -$88.26M -$102.6M -$55.27M -$28.05M -$18.40M
YoY Change -13.94% 85.58% 97.06% 52.43%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019
Interest Expense $654.0K $712.0K $6.068M $316.0K -$779.0K
YoY Change -8.15% -88.27% 1820.25% -140.56%
% of Operating Profit
Other Income/Expense, Net -$17.94M $16.16M $44.38M -$382.0K
YoY Change -211.06% -63.6% -11717.28%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019
Pretax Income -$106.2M -$86.41M -$10.86M -$27.39M -$19.86M
YoY Change 22.91% 695.78% -60.36% 37.95%
Income Tax $51.00K $0.00 $0.00 $0.00
% Of Pretax Income
Net Earnings -$106.3M -$86.41M -$10.89M -$28.43M -$19.86M
YoY Change 22.97% 693.59% -61.7% 43.16%
Net Earnings / Revenue -132.13% -156.55% -46.54% -528.28% -339.67%
Basic Earnings Per Share -$0.71 -$0.60 -$0.15 -$3.18
Diluted Earnings Per Share -$0.71 -$0.60 -$0.15 -$3.18 -$139.6K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019
Cash & Short-Term Investments $118.5M $229.8M $307.5M $4.704M $17.34M
YoY Change -48.45% -25.27% 6436.82% -72.87%
Cash & Equivalents $67.16M $229.8M $307.5M $4.704M $17.34M
Short-Term Investments $51.29M
Other Short-Term Assets $21.57M $17.77M $12.80M $1.462M $625.0K
YoY Change 21.36% 38.82% 775.65% 133.92%
Inventory $9.507M $10.26M $2.890M $2.742M $1.357M
Prepaid Expenses
Receivables $26.32M $34.77M $7.936M $1.401M $984.0K
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $175.8M $292.6M $331.1M $10.31M $20.31M
YoY Change -39.9% -11.64% 3111.95% -49.23%
Property, Plant & Equipment $114.1M $46.38M $23.78M $9.316M $3.686M
YoY Change 146.05% 95.01% 155.29% 152.74%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $8.309M $7.765M $4.536M $1.730M $407.0K
YoY Change 7.01% 71.19% 162.2% 325.06%
Total Long-Term Assets $122.9M $55.53M $31.74M $11.05M $4.093M
YoY Change 121.27% 74.97% 187.32% 169.88%
Total Assets $298.7M $348.1M $362.9M $21.36M $24.40M
YoY Change
Accounts Payable $17.40M $18.19M $6.045M $4.437M $2.522M
YoY Change -4.36% 200.98% 36.24% 75.93%
Accrued Expenses $12.39M $12.66M $9.551M $3.728M $1.582M
YoY Change -2.1% 32.54% 156.2% 135.65%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $10.00M $2.000M $227.0K $3.646M
YoY Change -100.0% 400.0% 781.06% -93.77%
Total Short-Term Liabilities $82.05M $59.13M $24.33M $12.12M $9.331M
YoY Change 38.76% 143.02% 100.74% 29.89%
Long-Term Debt $0.00 $19.68M $7.945M $16.56M $376.0K
YoY Change -100.0% 147.74% -52.03% 4305.32%
Other Long-Term Liabilities $70.35M $42.32M $40.31M $1.480M $320.0K
YoY Change 66.23% 4.99% 2623.51% 362.5%
Total Long-Term Liabilities $70.35M $62.00M $48.25M $18.04M $696.0K
YoY Change 13.46% 28.5% 167.42% 2492.53%
Total Liabilities $152.4M $121.1M $72.58M $30.16M $10.03M
YoY Change 25.81% 66.88% 140.63% 200.83%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019
Basic Shares Outstanding 149.2M shares 143.9M shares 71.66M shares 8.932M shares
Diluted Shares Outstanding 149.2M shares 143.9M shares 71.66M shares 8.932M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $691.64 Million

About Evolv Technologies Holdings, Inc.

Evolv Technologies Holdings, Inc. engages in the manufacture and development of security screening products. The company is headquartered in Waltham, Massachusetts and currently employs 293 full-time employees. The company went IPO on 2020-02-29. The firm is developing artificial intelligence (AI)-based weapons detection to create safer experiences for venues and companies as well as schools, hospitals, and public spaces. Its touchless security screening solutions use AI software, software-as-a-service (SaaS) cloud services, and advanced sensors to reliably detect weapons that could be a threat to a crowd of visitors while significantly reducing nuisance alarms from harmless personal items. Its flagship product is Evolv Express, a touchless security screening system designed to detect firearms, improvised explosive devices, and large tactical knives in unstructured people flows. Evolv Express supports a maximum screening throughput of approximately 4,000 people per hour. The company sells its solutions under two primary sales models. Evolv Technology, Evolv Express, Evolv Insights, Evolv Cortex AI, and Evolv Visual Gun Detection are its registered trademarks.

Industry: Computer Peripheral Equipment, NEC Peers: Aeva Technologies, Inc. AEye, Inc. Arlo Technologies, Inc. Cepton, Inc. FOCUS UNIVERSAL INC. Velodyne Lidar, Inc. Identiv, Inc. Keysight Technologies, Inc. NLIGHT, INC. Vishay Precision Group, Inc.