Evolv Technologies Holdings, Inc. [Rocket]

Overview

Evolv Technologies Holdings, Inc.

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Recent News + Filings (All items)

Date Filed	Type	Description
10/12/2023	8-K	Quarterly results
08/17/2023	4	Form 4 - Statement of changes in beneficial ownership of securities:
08/16/2023	4	DeRosa Anthony John (Chief Revenue Officer) has filed a Form 4 on Evolv Technologies Holdings, Inc.
08/16/2023	144	Form 144 - Report of proposed sale of securities:
08/15/2023	144	Form 144 - Report of proposed sale of securities:
08/10/2023	10-Q	Quarterly Report for the period ended June 30, 2023
08/10/2023	8-K	Quarterly results

Revenue Mix by Segment

Financial Summary (All financials)

In millions, except per share items	Dec-31-22	Dec-31-21	Dec-31-20
Revenues	55.2	23.4	4.8
Revenue growth	135.9%	388.9%
Cost of goods sold	53.5	19.4	3.5
Gross profit	1.7	4.0	1.3
Gross margin	3.1%	17.2%	26.9%
Sales and marketing	46.6	26.1	7.4
Research and development	18.8	11.5	15.7
General and administrative	37.7	19.9	5.1
EBIT	-101.4	-52.5	-26.9
EBIT margin	-183.7%	-224.5%	-562.1%
Pre-tax income	-86.4	-10.9	-27.4
Income taxes	0.0	0.0	0.0
Tax rate	0.0%	0.0%	0.0%
Net income	-86.4	-10.9	-27.4
Net margin	-156.5%	-46.5%	-572.5%

Diluted EPS	($0.60)	($0.15)	($3.07)
Shares outstanding (diluted)	143.9	71.7	8.9

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.