Eve Holding Q4 net loss $39.3M, 2023 cash burn $94.7M; eVTOL program on track for 2026

Eve Holding, Inc.

Q4 2023 net loss $39.3M (vs $20.1M Q4 2022); R&D spend $33.6M, up 87% YoY.
Full-year 2023 net loss $127.7M (vs $174.0M 2022); cash consumption $94.7M (vs $59.9M 2022).
Total liquidity $316.3M incl undrawn BNDES lines; 2024 cash consumption guided $130-170M.
Backlog of 2,850 non-binding LOIs from 29 customers; first prototype assembly ongoing, test campaign later 2024.

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Eve Holding, Inc. reported the fiscal quarter and fiscal year ended December 31, 2023 results: net income net loss of $39.3 million.

Period: the fiscal quarter and fiscal year ended December 31, 2023
Net income: net loss of $39.3 million
Result: reported results

Exact text from the filing

Eve reported a net loss of $39.3 million in 4Q23 versus $20.1 million in 4Q22.

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Eve Holding, Inc. filing history →

Source: SEC EDGAR

accession 0001554855-24-000095

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