EVLV - Evolv Technologies Holdings, Inc.
Price:
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--
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CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$10.00
DETAILS
HIGH:
$10.00
LOW:
$10.00
MEDIAN:
$10.00
CONSENSUS:
$10.00
UPSIDE:
60.26%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Revenue | |||||||
| Revenue | 145.9 | 103.9 | 80.4 | 52.7 | 23.4 | 4.8 | 5.8 |
| Cost of Revenue | 70.6 | 44.6 | 46.6 | 51.3 | 19.4 | 3.5 | 5.3 |
| Gross Profit | 75.3 | 59.3 | 33.8 | 1.4 | 4.0 | 1.3 | 0.6 |
| Operating Expenses | |||||||
| R&D Expenses | 20.6 | 23.4 | 24.5 | 18.5 | 11.5 | 15.7 | 8.5 |
| SG&A Expenses | 100.5 | 117.9 | 97.3 | 84.7 | 44.7 | 12.5 | 10.5 |
| Other Expenses | (1) | 0.2 | 0.3 | 1.2 | 3.2 | 0 | 0 |
| Operating Expenses | 120.1 | 141.6 | 122.1 | 104.3 | 59.3 | 28.2 | 19.0 |
| Operating Income | |||||||
| Operating Income | (44.8) | (82.3) | (88.3) | (103.0) | (55.3) | (26.9) | (18.4) |
| Interest Expense | 1.7 | 0 | 0.7 | 0.7 | 6.1 | 0.4 | 0.8 |
| Interest Income | 1.5 | 2.9 | 6.2 | 3.2 | 0 | 0 | 0 |
| Profitability | |||||||
| EBITDA | (20.5) | (36.6) | (95.6) | (80.6) | (1.9) | (25.9) | (18.5) |
| EBIT | (44.8) | (54.0) | (105.5) | (86.1) | (4.8) | (27.0) | (19.1) |
| Income Before Tax | (33.1) | (54.0) | (106.2) | (86.8) | (10.9) | (27.4) | (19.9) |
| Income Tax Expense | 0.1 | 0 | 0.1 | 0 | 0 | 0 | 0 |
| Net Income | (33.1) | (54.0) | (106.3) | (86.8) | (10.9) | (27.4) | (19.9) |
| Per Share Data | |||||||
| EPS (Basic) | -0.20 | -0.34 | -0.71 | -0.30 | -0.17 | -0.20 | -0.15 |
| EPS (Diluted) | -0.20 | -0.34 | -0.71 | -0.30 | -0.16 | -0.20 | -0.15 |
| Shares Outstanding | 168.4 | 156.6 | 149.2 | 143.9 | 142.6 | 142.3 | 142.3 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Current Assets | |||||||
| Cash & Cash Equivalents | 49.1 | 37.0 | 67.2 | 229.8 | 307.5 | 4.7 | 17.3 |
| Short-Term Investments | 19.9 | 14.9 | 51.7 | 0.3 | 0.2 | 0 | 0 |
| Net Receivables | 47.1 | 29.2 | 26.3 | 34.8 | 7.9 | 1.4 | 1.0 |
| Inventory | 9.3 | 17.0 | 9.5 | 10.3 | 2.9 | 2.7 | 1.4 |
| Other Current Assets | 25.9 | 7.5 | 5.9 | 4.5 | 2.3 | 0.6 | 0.1 |
| Total Current Assets | 151.3 | 121.4 | 175.8 | 292.6 | 331.1 | 10.3 | 20.3 |
| Non-Current Assets | |||||||
| Property, Plant & Equipment | 139.8 | 137.7 | 114.1 | 46.4 | 23.8 | 9.3 | 3.7 |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 7 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0.4 | 0.1 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 13.3 | 8.6 | 1.7 | 9.2 | 8.0 | 1.7 | 0.4 |
| Total Non-Current Assets | 153.1 | 146.6 | 122.9 | 55.5 | 31.7 | 11.0 | 4.1 |
| Total Assets | 304.4 | 268.1 | 298.7 | 348.1 | 362.9 | 21.4 | 24.4 |
| Current Liabilities | |||||||
| Account Payables | 9.8 | 10.5 | 17.4 | 18.2 | 6.0 | 4.4 | 2.5 |
| Short-Term Debt | 3.0 | 11.1 | 0 | 10 | 2 | 0.2 | 3.4 |
| Deferred Revenue | 74.9 | 64.5 | 47.7 | 18.3 | 6.6 | 3.7 | 1.5 |
| Other Current Liabilities | 35.3 | 2.7 | 14.0 | 9.1 | 7.1 | 1.4 | 0.7 |
| Total Current Liabilities | 123.0 | 96.7 | 82.0 | 59.1 | 24.3 | 12.1 | 9.3 |
| Non-Current Liabilities | |||||||
| Long-Term Debt | 39.2 | 0 | 0 | 19.7 | 7.9 | 16.4 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 6.0 | 21.1 | 46.5 | 23.7 | 37.8 | 1.0 | 73.3 |
| Total Non-Current Liabilities | 62.0 | 53.7 | 70.4 | 62.0 | 48.3 | 18.0 | 73.6 |
| Total Liabilities | 185.0 | 150.4 | 152.4 | 121.1 | 72.6 | 30.2 | 82.9 |
| Stockholders' Equity | |||||||
| Common Stock | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Retained Earnings | (387.8) | (354.7) | (298.5) | (192.2) | (105.8) | (93.9) | (66.5) |
| Accumulated Other Comprehensive Income | (0.1) | (0.0) | (0.1) | (0.0) | 0 | 0 | 0 |
| Total Stockholders' Equity | 119.4 | 117.7 | 146.3 | 227.0 | 290.3 | (8.8) | (58.5) |
| Total Liabilities & Equity | 304.4 | 268.1 | 298.7 | 348.1 | 362.9 | 21.4 | 24.4 |
| Debt Metrics | |||||||
| Total Debt | 42.2 | 25.6 | 1.4 | 31.7 | 9.9 | 16.8 | 3.6 |
| Net Debt | (6.9) | (11.4) | (65.8) | (198.1) | (297.5) | 12.1 | (13.7) |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Net Income | (33.1) | (54.0) | (108.0) | (86.8) | (10.9) | (27.4) | (19.9) |
| Depreciation & Amortization | 24.2 | 17.4 | 9.7 | 5.4 | 2.9 | 1.1 | 0.5 |
| Stock-Based Compensation | 21.1 | 24.8 | 24.1 | 22.5 | 9.6 | 0.7 | 0.3 |
| Change in Working Capital | 13.3 | 0.7 | 39.0 | (5.3) | (17.1) | 2.3 | 2.6 |
| Other Non-Cash Items | (6.8) | (19.6) | 25.4 | (10.6) | (41.3) | 0.1 | 0.5 |
| Operating Cash Flow | 18.7 | (30.9) | (9.8) | (74.7) | (56.8) | (23.3) | (15.2) |
| Investing Activities | |||||||
| Capital Expenditure | (31.4) | (37.3) | (72.7) | (24.2) | (17.6) | (6.6) | (0.7) |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Purchases of Investments | (39.4) | (29.4) | (89.9) | 0 | 0 | 0 | 0 |
| Sales/Maturities of Investments | 34.6 | 65.3 | 39.2 | 0 | 0 | 0 | 0 |
| Other Investing Activities | (5.6) | (6.1) | (3.3) | (2.4) | (1.0) | 0 | 0 |
| Investing Cash Flow | (41.8) | (1.4) | (123.1) | (23.9) | (17.6) | (6.6) | (0.7) |
| Financing Activities | |||||||
| Net Debt Issuance | 26.3 | 0 | (30) | 19.7 | 26.1 | 14.0 | 4.8 |
| Stock Repurchased | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | 0 | 1.8 | 0.3 | 0.8 | 51.7 | 0.2 | 0.6 |
| Financing Cash Flow | 35.4 | 1.8 | (29.7) | 20.5 | 377.8 | 17.2 | 27.8 |
| Cash Position | |||||||
| Net Change in Cash | 12.1 | (30.4) | (162.6) | (78.1) | 303.5 | (12.6) | 11.9 |
| Cash at Beginning | 37.0 | 67.4 | 230.1 | 308.2 | 4.7 | 17.3 | 5.5 |
| Cash at End | 49.1 | 37.0 | 67.4 | 230.1 | 308.2 | 4.7 | 17.3 |
| Free Cash Flow | (12.7) | (68.2) | (82.5) | (98.9) | (74.4) | (29.9) | (15.9) |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Income Statement | |||||||
| Revenue | 145.9 | 103.9 | 80.4 | 52.7 | 23.4 | 4.8 | 5.8 |
| Gross Profit | 75.3 | 59.3 | 33.8 | 1.4 | 4.0 | 1.3 | 0.6 |
| Operating Income | (44.8) | (82.3) | (88.3) | (103.0) | (55.3) | (26.9) | (18.4) |
| Net Income | (33.1) | (54.0) | (106.3) | (86.8) | (10.9) | (27.4) | (19.9) |
| EPS (Diluted) | -0.20 | -0.34 | -0.71 | -0.30 | -0.16 | -0.20 | -0.15 |
| Balance Sheet | |||||||
| Cash & Equivalents | 49.1 | 37.0 | 67.2 | 229.8 | 307.5 | 4.7 | 17.3 |
| Total Assets | 304.4 | 268.1 | 298.7 | 348.1 | 362.9 | 21.4 | 24.4 |
| Total Debt | 42.2 | 25.6 | 1.4 | 31.7 | 9.9 | 16.8 | 3.6 |
| Stockholders' Equity | 119.4 | 117.7 | 146.3 | 227.0 | 290.3 | (8.8) | (58.5) |
| Cash Flow | |||||||
| Operating Cash Flow | 18.7 | (30.9) | (9.8) | (74.7) | (56.8) | (23.3) | (15.2) |
| Capital Expenditure | (31.4) | (37.3) | (72.7) | (24.2) | (17.6) | (6.6) | (0.7) |
| Free Cash Flow | (12.7) | (68.2) | (82.5) | (98.9) | (74.4) | (29.9) | (15.9) |