Nuvve Q4 revenue flat at $1.79M, net loss narrows to $5.1M, cash $0.4M

Nuvve Holding Corp.

2025-Q1 EPS reported -$3.88 revenue$934,304

Q4 2024 revenue $1.79M (flat vs $1.64M Q4 2023); net loss $5.1M improved from $7.3M prior year.
Operating expenses cut to $5.9M, down $2.0M YoY; cash $0.4M at Dec 31, 2024; raised ~$2.6M in early 2025.
Megawatts under management rose 22.3% to 30.7 MW; customer backlog >$18M entering 2025.
Products & services margin fell to 11.5% from 24.0% due to higher mix of hardware vs services.

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