Group 1 - The article highlights a successful investment call for Eve Holdings (NYSE: EVEX), with a price target of $4.03 that has been exceeded, resulting in a return of 46.8% as the stock is now trading at $4.11 [1] - The investing group, The Aerospace Forum, focuses on identifying investment opportunities within the aerospace, defense, and airline sectors, leveraging data analytics for informed decision-making [1] - The analyst has a background in aerospace engineering, providing context and analysis of industry developments that could impact investment strategies [1] Group 2 - The article emphasizes the importance of data-informed analysis in driving investment ideas within the aerospace and defense industry, which is characterized by significant growth prospects [1]

Financial Data and Key Metrics Changes - The company raised $236 million since July through a mix of debt and equity, resulting in pro forma liquidity of $445 million in Q3 2024, which is equivalent to three years of current cash consumption [25][28] - The net loss for Q3 2024 was $36 million, with cash consumption of $34 million for the quarter and $101 million for the first nine months of 2024, in line with guidance [27][29] - Cash at the end of Q3 2024 was $280 million, an increase of $73 million from the previous quarter [28] Business Line Data and Key Metrics Changes - The company invested $32 million in program development during Q3 2024, with R&D activities accelerating due to increased headcount and supplier engagement [26] - SG&A expenses were $9 million for the quarter, reflecting a larger workforce [26] Market Data and Key Metrics Changes - The total pre-order backlog stands at approximately 2,900 aircraft, valued at $14.4 billion based on list prices, with non-binding letters of intent from 30 different customers across 13 countries [23] - The services revenue backlog increased by 30% quarter-over-quarter to $1.6 billion [56] Company Strategy and Development Direction - The company is focused on advancing the eVTOL development and achieving certification, with the first flight of the engineering prototype expected in early 2025 and final certification anticipated in 2027 [18][35] - The launch of Eve TechCare, an integrated service portfolio, aims to enhance eVTOL availability and reduce operating costs, showcasing the company's holistic approach to urban air mobility [19][21] Management's Comments on Operating Environment and Future Outlook - Management emphasized the importance of delivering a mature and reliable product, focusing on customer needs rather than being the first to market [33] - The company views the recent regulatory developments, including the publication of the certification basis by ANAC and the SFAR by the FAA, as supportive for the industry [10][16] Other Important Information - The company is preparing for the flight test campaign and has integrated various systems in the eVTOL prototype, including command and control mechanisms [14][18] - The company is also working on a training program for pilots and maintenance personnel in collaboration with Embraer-CAE Training Services [20][83] Q&A Session Summary Question: Update on type certification timeline and implications for revenue - Management acknowledged a slight shift in the certification timeline from late 2026 to 2027, attributing it to the complexity of the development process and the need for thorough testing [31][35] Question: Timing of CapEx for production facility - The company confirmed that the peak of investments for the production facility will occur in 2026, with initial investments of around $20 million expected next year [37][38] Question: Liquidity and potential new credit facilities - Management expressed confidence in their liquidity position, stating that they are not planning new capital raises in the short term but are always evaluating options [44] Question: Significance of SFAR regulations - The management highlighted the clarity provided by the final SFAR document, which simplifies training requirements and supports operational planning [46][50] Question: TechCare offering and its significance - The launch of TechCare is aimed at ensuring operational readiness and customer support well ahead of the eVTOL's entry into service, emphasizing the importance of a robust ecosystem [80][82]

3Q24 EVE UPDATE N O V E M B E R 4 , 2 0 2 4 EVE LATEST PRODUCT DEVELOPMENTS eVTOL GETTING READY TO FLY • Battery installation, facilitated by multiple and removable carbon-fiber panels • Lifter motors being produced and tested – expected delivery in December • 1 st flight expected in 1H25 CERTIFICATION BASIS PUBLISHED BY BRAZILIAN AVIATION AUTHORITY (ANAC) • Critical milestone achieved with certification basis published by ANAC in Brazil • Means of compliance and FAA validation pathway under discussion • FA ...

Key TakeawaysTrump Media stock was moving between gains and losses early Monday as volatility in the stock continues ahead of Tuesday's presidential vote.Some investors have turned to prediction markets, while others have looked to crypto markets, with bitcoin down from its highs last week. Shares of Trump Media & Technology Group (DJT) moved between losses and gains early Monday, extending a volatile stretch of trading for the company that has become a measure of investors’ moods ahead of Election Day. The ...

Eve Air Mobility Third Quarter 2024 Results | --- | --- | --- | --- | --- | --- | --- | --- | |--------------|--------------------|-------|-------|------------------|-------|-------|-------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | November 4, 2024 | | | | | EVEXNYSE | eveairmobility.com | | | | | | | EVE 3024 1023 91424 0123 INCOME STATEHENT (32.4) (28.6) (96.2) (72.0) Research & Development (ASO) Selling, General & Administrative (SGMA) (0.4) ($.0) (20.3) (17.6) Ch ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, par value $0.001 per share Warrants, each whole warrant exercisable for one share of Common Stock EVEX EVEXW The New York Stock Exchange The New York Stock Exchange Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 or ☐ TRANSITION REPO ...

XH4D In October, I covered Eve Holding (NYSE:EVEX) with a buy rating. Since then, the stock price has performed horribly with a share price decline of over 60%. To me that continues to show the risks on the commercialization path of urban air mobility solutions. In this report, I will be discussing the most recent results with a focus on the risks and liquidity. The Risks And Opportunities Of Urban Air Mobility One risk I'm seeing with coverage of UAM or eVTOL names is that the disruptive technology is ofte ...

Eve Holding, Inc. (NYSE:EVEX) Q2 2024 Earnings Conference Call August 6, 2024 8:00 AM ET Company Participants Lucio Aldworth - Director-Investor Relations Johann Bordais - Chief Executive Officer Eduardo Couto - Chief Financial Officer Luiz Valentini - Chief Technology Officer Conference Call Participants Savanthi Syth - Raymond James Andres Sheppard - Cantor Fitzgerald Austin Moeller - Canaccord Conor Walters - Jefferies Sheila Kahyaoglu - Jefferies Cai Von Rumohr - Cowen Operator Good day and welcome to t ...

2Q24 EVE UPDATE EVE A U G U S T 0 6 , 2 0 2 4 LATEST PRODUCT DEVELOPMENTS eVTOL ROLL-OUT (JULY 3RD) • Full-scale eVTOL presented in Brazil on July 3rd • Remote piloted and removable skin panels for easy access to internal equipment • Several tests to follow including ground tests, hover, partial & full transition to cruise flight UNPARALLELED INFRASTRUCTURE FOR FLIGHT TESTS • Eve's prototype tests to take place at Gavião Peixoto Facility (GPX) in Brazil – largest runway in the southern hemisphere with state ...

Eve Air Mobility Second Quarter 2024 Results August 6, 2024 eveairmobility.com EVE Eve Holding, Inc. Second Quarter 2024 Financial Highlights Eve Air Mobility is an aerospace company dedicated to the development of an eVTOL (electric Vertical Takeoff and Landing) aircraft and the Urban Air Mobility (UAM) ecosystem that includes aircraft development, Service & Operations Solutions and Vector, an Urban Air Traffic Management (Urban ATM) system. Eve is pre-revenue; we do not expect meaningful revenues, if any, ...