<span item_type="fundamental" item_id="2f3ca00c129087c1d45ea9b9494b7656" counter_id="ST/US/EVEX" env="prod"></span><span item_type="announcement" item_id="515226012455343361" env="prod"></span><p>EPS: As of FY2025 Q1, the actual value is USD -0.16, missing the estimate of USD -0.14.</p><p>EBIT: As of FY2025 Q1, the actual value is USD -49.34 M, missing the estimate of USD -40.93 M.</p><p></p><h3>Net Loss</h3><p>Eve Air Mobility reported a net loss of $48.8 million in 1Q25 compared to $25.3 million in 1Q24, primarily driven by higher Research &amp; Development (R&amp;D) expenses.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1823652/000155485525000470/ex991_1.htm"></span></p><h3>Research &amp; Development Expenses</h3><p>R&amp;D expenses increased to $44.7 million in 1Q25 from $27.5 million in 1Q24, reflecting intensified efforts in developing eVTOL and related technologies.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1823652/000155485525000470/ex991_1.htm"></span></p><h3>Selling, General &amp; Administrative Expenses</h3><p>SG&amp;A expenses rose to $7.9 million in 1Q25 from $6.5 million in 1Q24, influenced by increased payroll costs and outsourced services.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1823652/000155485525000470/ex991_1.htm"></span></p><h3>Cash Flow</h3><p>Net cash used in operating activities was - $24.9 million in 1Q25 compared to - $35.8 million in 1Q24. Free cash flow was - $25.3 million in 1Q25 versus - $35.9 million in 1Q24.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1823652/000155485525000470/ex991_1.htm"></span></p><h3>Total Liquidity</h3><p>Eve’s total liquidity, including undrawn credit lines, was $410.3 million at the end of 1Q25, sufficient to support operations through 2026.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1823652/000155485525000470/ex991_1.htm"></span></p><h3>Outlook / Guidance</h3><p>Eve plans to initiate test flights of its full-scale prototype in 2025, aiming to validate multiple stages of the eVTOL’s flight envelope. The company expects total cash consumption between $200 million and $250 million in 2025, with funding secured through 2026 to support operations and program investments.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1823652/000155485525000470/ex991_1.htm"></span></p>

Eve | 8-K: FY2025 Q1 EPS Misses Estimate at USD -0.16