AEVA Earnings Prediction
The chart below shows how AEVA performed 10 days before and after its earnings report, based on data from the past quarters. Typically, AEVA sees a +4.90% change in stock price 10 days leading up to the earnings, and a +5.74% change 10 days following the report. On the earnings day itself, the stock moves by -0.43%. This data can give you a slight idea of what to expect for the next quarter's release.
AEVA Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
2.70M
67.35%
19.82%
Gross Margin
-30.75%
-43.19%
-4.03%
Operating Margin
-1269.99%
-44.47%
-24.56%
Net Margin
-1340.73%
-51.97%
-19.33%
EPS
-0.67
-27.17%
-4.29%
No Data Available
AEVA Earnings Analysis
Aeva Technologies Inc Corporation (AEVA.N) Earnings Conference Call
Positive
Business Momentum Surge: Q4 and the start of 2025 have been an incredible period of momentum in our business.
Product Launch Milestones: We delivered our first commercial product, Aeries II, in 2022, followed by our first integrated product, Atlas, at the beginning of last year.
Joint Development Program Secured: We secured a joint development program from a global top 10 passenger OEM, which signals confidence in our technology.
Market Expansion Strategy: The Atlas Ultra product has enabled us to bring our platform to the passenger vehicle market.
Production Timeline for Market Entry: We are on track for start of production in 2026 to support Daimler Truck's market entry by 2027.
Atlas Ultra Launch: We unveiled Atlas Ultra at CES, which offers 3 times the resolution and a wider field of view compared to our previous product.
Funnel Momentum Increase: We are seeing increased momentum for our funnel with other global passenger and commercial vehicle OEMs.
OEM Partnership Development: We have secured a letter of intent from a top 10 passenger OEM toward a Series Production Program award decision.
Commercial Deployment Initiatives: We are moving to commercial deployments with SICK AG beginning in Q3 of this year.
2024 Goals Achieved: We achieved essentially all of our 2024 goals, including securing an industrial win and exceeding our financial metric targets with over 100% revenue growth.
Revenue Growth Target: We target growing our revenues to be in the range of $15 million to $18 million in 2025, representing a 70% to 100% year-over-year increase.
Negative
Limited Revenue Growth: Revenue for 2024 was only $9.1 million, indicating limited financial growth despite previous expectations.
Operating Loss Concerns: The non-GAAP operating loss was significant at $123.2 million, which raises concerns about the company's financial health and sustainability.
High Operational Cash Use: Gross cash use was high at $112 million, which includes substantial operating cash use of $106.9 million, suggesting high operational costs.
Modest Revenue Target: The company is targeting revenues of only $15 million to $18 million for 2025, which, while an increase, still reflects modest growth compared to the losses incurred.
High Operating Expenses: Operating expenses are expected to remain high, with a target range of $95 million to $105 million, indicating ongoing financial strain despite efforts to reduce costs.
Profitability Concerns for Investors: The company has not yet achieved profitability, which could be a concern for investors looking for sustainable growth.
Production Timeline Delay: The timeline for significant production and revenue generation is extended, with major production programs not expected to start until 2026, delaying potential revenue streams.
AEVA FAQs
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AEVA Earning Call Sentiment
Aeva Technologies, Inc. (AEVA) Q4 2024 Earnings Call Transcript
AEVA.N
3.71%Positive
The earnings call indicates strong financial growth with 100% YoY revenue increase and a positive outlook for 2025. Despite the high operating loss, the company maintains a stable liquidity position and aims to reduce expenses. The Q&A reveals excitement for new markets and increased manufacturing capacity. While regulatory and competitive risks exist, the overall sentiment is positive due to robust growth projections and strategic advancements in production and partnerships.
