NUVVE Holdings - CW26 | 10-Q: FY2025 Q3 Revenue: USD 1.599 M

LB filings
2025.11.13 22:28
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Revenue: As of FY2025 Q3, the actual value is USD 1.599 M.

EPS: As of FY2025 Q3, the actual value is USD -0.24.

EBIT: As of FY2025 Q3, the actual value is USD -4.634 M.

Segment Revenue

  • Products: Revenue for the three months ended September 30, 2025, was $947,561, compared to $543,834 for the same period in 2024. For the nine months ended September 30, 2025, revenue was $1,655,017 compared to $1,389,495 in 2024.
  • Services: Revenue for the three months ended September 30, 2025, was $380,876, compared to $1,265,499 for the same period in 2024. For the nine months ended September 30, 2025, revenue was $839,264 compared to $1,786,937 in 2024.
  • Grants: Revenue for the three months ended September 30, 2025, was $270,190, compared to $108,885 for the same period in 2024. For the nine months ended September 30, 2025, revenue was $349,800 compared to $323,722 in 2024.

Operational Metrics

  • Net Loss: The net loss for the three months ended September 30, 2025, was - $4,794,215, compared to - $1,649,843 for the same period in 2024. For the nine months ended September 30, 2025, the net loss was - $25,241,278 compared to - $12,327,595 in 2024.
  • Operating Loss: The operating loss for the three months ended September 30, 2025, was - $5,111,271, compared to - $1,836,841 for the same period in 2024. For the nine months ended September 30, 2025, the operating loss was - $25,495,110 compared to - $14,848,090 in 2024.
  • Operating Costs: Operating costs for the three months ended September 30, 2025, were $6,709,898, compared to $3,755,059 for the same period in 2024. For the nine months ended September 30, 2025, operating costs were $28,339,191 compared to $18,348,244 in 2024.

Cash Flow

  • Operating Cash Flow: Operating cash flow for the nine months ended September 30, 2025, was - $12,347,984, compared to - $12,242,822 for the same period in 2024.

Unique Metrics

  • Allowance for Credit Losses: Increased to - $1,306,627 as of September 30, 2025, from - $315,623 as of December 31, 2024.
  • Inventories: Inventories were $4,255,117 as of September 30, 2025, compared to $4,591,902 as of December 31, 2024.

Future Outlook and Strategy

  • Core Business Focus: The company plans to fund current operations and satisfy its other obligations through increased revenues and raising additional capital. Management expects to generate operating losses and negative cash flows and will need additional funding to support its planned operating activities through profitability.
  • Non-Core Business: The company is exploring divestitures and other strategic options to improve its financial position, including the sale of its equity interests in Dreev to EDF for 800,000 Euros.
  • Priority: Emphasis on achieving profitability through expanded commercialization of the GIVe platform and achieving a level of revenues adequate to support its cost structure.
Source: LB filings The copyright of this article belongs to the original author/organization.
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