Enovix (ENVX) Income Statement: Revenue & Earnings

Enovix Income Statement Analysis

Revenue, earnings, and profit margins in millions USD

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Enovix Corporation income statement - Annual data in millions USD
Breakdown	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 2024	Dec 2023	Jan 2023	Jan 2022	Dec 2020
Revenue & Gross Profit
Revenue	23.07	7.64	6.20	0.00	0.00
Cost of Revenue	25.12	63.06	23.24	1.97	3.38
Gross Profit	-2.05	-55.42	-17.04	-1.97	-3.38
Operating Expenses
Research & Development	124.51	77.79	58.05	37.85	14.44
Selling, General & Administrative	74.31	59.81	51.97	29.71	5.71
Operating Expenses	198.82	137.61	110.02	67.56	20.16
Operating Income	-200.86	-193.02	-127.06	-69.52	-23.53
Other Income/Expense
Interest Income	12.33	14.07	5.23	0.04	0.00
Interest Expense	6.79	-4.46	0.00	-0.19	-0.11
Other Income/Expense	-28.61	5.88	75.13	-56.20	-15.22
Income
Income Before Tax	-223.93	-214.77	-51.62	-125.87	-39.65
Income Tax Expense	-1.39	-0.63	0.00	0.00	0.00
Net Income	-222.24	-214.07	-51.62	-125.87	-39.65
Net Income - Continuous Operations	-222.53	-214.13	-51.62	-125.87	0.00
Net Income - Discontinued Operations	0.00	0.00	0.00	0.00	0.00
EBITDA	-172.18	-159.01	-119.09	-68.01	-22.95
EBIT	-217.14	-193.02	-127.06	-69.52	-23.53
Depreciation & Amortization	44.96	34.01	7.97	1.52	0.58
Earnings Per Share
Basic EPS	-1.00	-1.00	-	-1.00	-
Diluted EPS	-1.00	-1.00	-1.00	-1.00	-
Basic Shares Outstanding	175.04	159.07	152.92	117.22	80.37
Diluted Shares Outstanding	175.04	159.58	154.15	117.22	80.37