Enovix Past Earnings Performance
Past criteria checks 0/6
Enovix's earnings have been declining at an average annual rate of -49.2%, while the Electrical industry saw earnings growing at 14.7% annually. Revenues have been growing at an average rate of 81.4% per year.
Key information
-49.2%
Earnings growth rate
-32.1%
EPS growth rate
| Electrical Industry Growth | 9.9% |
| Revenue growth rate | 81.4% |
| Return on equity | -82.0% |
| Net Margin | -2,800.5% |
| Next Earnings Update | 01 May 2024 |
Recent past performance updates
Recent updates
Enovix: Setting The Stage For Exponential Growth
Feb 26Health Check: How Prudently Does Enovix (NASDAQ:ENVX) Use Debt?
Feb 25
Is Enovix Corporation (NASDAQ:ENVX) Trading At A 27% Discount?
Oct 23Why Enovix Corporation (NASDAQ:ENVX) Could Be Worth Watching
Sep 30Estimating The Fair Value Of Enovix Corporation (NASDAQ:ENVX)
May 20We're Not Very Worried About Enovix's (NASDAQ:ENVX) Cash Burn Rate
Apr 11Enovix Corporation (NASDAQ:ENVX) Shares Could Be 47% Below Their Intrinsic Value Estimate
Feb 08Commercial Production Is A Game Changer At Enovix
Sep 07Is Enovix Corporation (NASDAQ:ENVX) Trading At A 48% Discount?
Sep 06Enovix Rips Higher As Futuristic Battery Tech Comes Into Focus
Aug 25Enovix GAAP EPS of -$0.18 beats by $0.01, revenue of $5.1M beats by $4.78M
Aug 10Enovix: Leading Battery Technology Company For The Next Decade
Jul 19Enovix announces shipment of battery packs
Jul 12Enovix: The Next Disruptor
May 05Enovix Corp.: A First Evaluation
Apr 13Revenue & Expenses BreakdownBeta
How Enovix makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 8 | -214 | 60 | 78 |
| 01 Oct 23 | 1 | -165 | 77 | 69 |
| 02 Jul 23 | 1 | -231 | 72 | 70 |
| 02 Apr 23 | 6 | -168 | 67 | 69 |
| 01 Jan 23 | 6 | -52 | 52 | 58 |
| 02 Oct 22 | 5 | -125 | 49 | 55 |
| 03 Jul 22 | 5 | -54 | 44 | 51 |
| 03 Apr 22 | 0 | -67 | 37 | 45 |
| 02 Jan 22 | 0 | -126 | 30 | 38 |
| 03 Oct 21 | 0 | -55 | 19 | 30 |
| 30 Jun 21 | 0 | -57 | 12 | 24 |
| 31 Mar 21 | 0 | -48 | 9 | 18 |
| 31 Dec 20 | 0 | -40 | 6 | 14 |
Quality Earnings: ENVX is currently unprofitable.
Growing Profit Margin: ENVX is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: ENVX is unprofitable, and losses have increased over the past 5 years at a rate of 49.2% per year.
Accelerating Growth: Unable to compare ENVX's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: ENVX is unprofitable, making it difficult to compare its past year earnings growth to the Electrical industry (25.8%).
Return on Equity
High ROE: ENVX has a negative Return on Equity (-82.01%), as it is currently unprofitable.