earnings
confidence high
sentiment neutral
materiality 0.65
Eve Holding posts FY2024 net loss $138.2M; guides to $200-250M cash burn in 2025
Eve Holding, Inc.
- Net loss FY2024 $138.2M vs $127.7M in 2023; R&D expense rose to $129.8M from $105.6M.
- Cash consumption FY2024 $141.2M, near low-end of guidance; FY2025 guided $200-250M on development ramp.
- Total liquidity $428.6M at year-end 2024, including remaining $125.2M BNDES facility.
- Full-scale eVTOL prototype assembled; first flight expected mid-2025 with tethered hover.
- Backlog ~2,800 LOIs from 28 customers; $83.6M drawn from BNDES, total credit lines secured through 2026.