Evolv Technologies Holdings (EVLV) Income Statement: Revenue & Earnings

Evolv Technologies Holdings Income Statement Analysis

Revenue, earnings, and profit margins in millions USD

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Evolv Technologies Holdings, Inc. income statement - Annual data in millions USD
Breakdown	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Revenue & Gross Profit
Revenue	103.87	80.42	52.72	23.39	4.79
Cost of Revenue	44.58	46.59	51.32	19.36	3.50
Gross Profit	59.29	33.83	1.40	4.03	1.29
Operating Expenses
Research & Development	23.45	24.46	18.54	11.46	15.71
Selling, General & Administrative	117.93	97.31	84.65	45.97	12.48
Operating Expenses	141.37	121.77	103.19	59.30	28.19
Operating Income	-82.08	-88.26	-101.79	-55.27	-26.90
Other Income/Expense
Interest Income	2.94	6.23	3.17	0.00	0.00
Interest Expense	0.00	-0.65	-0.71	-6.07	-0.43
Other Income/Expense	6.51	-23.84	4.84	-48.58	0.00
Income
Income Before Tax	-54.02	-106.20	-86.80	-10.89	-27.39
Income Tax Expense	0.00	0.05	53.47	0.00	0.00
Net Income	-54.02	-106.25	-86.80	-10.89	-27.39
Net Income - Continuous Operations	-54.02	-108.05	-86.80	-10.89	0.00
Net Income - Discontinued Operations	0.00	0.00	0.00	0.00	0.00
EBITDA	-66.41	-95.65	-96.95	-1.93	-25.83
EBIT	-82.08	-105.55	-101.79	-4.82	-26.90
Depreciation & Amortization	15.68	9.93	4.84	2.90	1.07
Earnings Per Share
Basic EPS	-	-1.00	-1.00	-	-3.00
Diluted EPS	-	-1.00	-1.00	-	-3.00
Basic Shares Outstanding	156.57	149.17	143.86	71.66	8.93
Diluted Shares Outstanding	156.57	149.17	143.86	71.66	8.93