EVLVEvolv Technologies Holdings, Inc.
Computer Peripheral Equipment, NEC
- Revenue
- $146M
- 40% YoY
- Operating margin
- -33.2%
- 58% YoY
- EBITDA
- −$24M
- 63% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- —
- −$24M net debt
- AI in 10-K
- —
Red flags 1 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear—Cash flow under 80% of net income
- Dilutive SBCFired14% of revenueOver 10% of revenue
- Payouts exceed cash flowClear0% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear—Over 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $23M | $53M | $80M | $104M | $146M | 40% |
| Operating income | −$55M | −$103M | −$90M | −$82M | −$48M | 41% |
| Net income | −$11M | −$87M | −$108M | −$54M | −$33M | 39% |
| Operating cash flow | −$57M | −$75M | −$10M | −$31M | $19M | 161% |
| Capex | $17M | — | — | — | — | |
| Stock-based comp | $10M | $23M | $24M | $25M | $21M | 15% |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $162K · 4
- Open-market sells, 12 mo
- $0 · 0
- Net
- $162K
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2025 | — | — | 276 | — |
| FY2024 | — | — | 153 | — |
| FY2023 | — | — | 182 | — |