Eve (EVEX) FY2022 net loss $174M, cash $310.6M; guides 2023 cash use $130-150M

Eve Holding, Inc.

FY2022 net loss $174.0M vs $18.3M in 2021; 4Q22 net loss $20.1M vs $8.3M in 4Q21.
R&D expenses $51.9M in 2022, almost 4x 2021's $13.3M; SG&A $32.9M vs $4.9M.
Total liquidity $310.6M at year-end; plus BNDES credit lines of $92.5M, total >$400M.
Backlog 2,770 non-binding LOIs valued at ~$8.3B; 26 customers across 12 countries.
Plans to select primary suppliers H1 2023, begin first prototype H2 2023, test campaign in 2024.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Eve Holding, Inc. reported financial results for its fiscal quarter and fiscal year ended December 31, 2022.

Period: its fiscal quarter and fiscal year ended December 31, 2022
Result: reported results

Exact text from the filing

On March 16, 2023, Eve Holding, Inc. (the “Company”) issued a press release announcing the Company’s results for its fiscal quarter and fiscal year ended December 31, 2022.

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Eve Holding, Inc. filing history →

Source: SEC EDGAR

accession 0001554855-23-000160

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