<span item_type="fundamental" item_id="b99386e3eadbd43320fb684e8a8428f5" counter_id="ST/US/NVVEW" env="prod"></span><span item_type="announcement" item_id="582440881983852673" env="prod"></span><p>Revenue: As of FY2025 Q3, the actual value is USD 1.599 M.</p><p>EPS: As of FY2025 Q3, the actual value is USD -0.24.</p><p>EBIT: As of FY2025 Q3, the actual value is USD -4.634 M.</p><p></p><h3>Segment Revenue</h3><ul><li>Total revenue for the third quarter of 2025 was $1.6 million, a decrease from $1.9 million in the third quarter of 2024, primarily due to a $0.88 million decrease in services revenue, offset by a $0.40 million increase in products revenue and a $0.16 million increase in grants.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1836875/000183687525000170/nvve-exx991xq3x9x30x2025.htm"></span></li></ul><h3>Operational Metrics</h3><ul><li>Gross profit margins were 52.0% for the third quarter of 2025, slightly down from 52.1% in the third quarter of 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1836875/000183687525000170/nvve-exx991xq3x9x30x2025.htm"></span></li><li>Cash operating losses increased to $4.8 million in the third quarter of 2025 from $1.2 million in the third quarter of 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1836875/000183687525000170/nvve-exx991xq3x9x30x2025.htm"></span></li><li>Selling, general, and administrative expenses rose to $4.8 million, up by 124.0% from $2.1 million in the third quarter of 2024, driven by higher compensation expenses, public company costs, and legal fees.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1836875/000183687525000170/nvve-exx991xq3x9x30x2025.htm"></span></li><li>Research and development expenses increased by 66.0% to $1.2 million in the third quarter of 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1836875/000183687525000170/nvve-exx991xq3x9x30x2025.htm"></span></li><li>Net loss for the third quarter of 2025 was $4.8 million, compared to $1.6 million in the same period of 2024, an increase of 190.6%.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1836875/000183687525000170/nvve-exx991xq3x9x30x2025.htm"></span></li></ul><h3>Cash Flow</h3><ul><li>Net cash used in operating activities was - $12.3 million for the nine months ended September 30, 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1836875/000183687525000170/nvve-exx991xq3x9x30x2025.htm"></span></li><li>Net cash provided by financing activities was $13.3 million for the nine months ended September 30, 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1836875/000183687525000170/nvve-exx991xq3x9x30x2025.htm"></span></li></ul><h3>Unique Metrics</h3><ul><li>Megawatts under management increased by 3.1% over the second quarter of 2025 to 26.4 megawatts, although it decreased by 9.6% compared to the third quarter of 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1836875/000183687525000170/nvve-exx991xq3x9x30x2025.htm"></span></li></ul><h3>Outlook / Guidance</h3><ul><li>The company anticipates that the expansion of its stationary battery pipeline will become a larger portion of its business success in North America, Europe, and Japan.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1836875/000183687525000170/nvve-exx991xq3x9x30x2025.htm"></span></li></ul>

NUVVE Holdings - CW26 | 8-K: FY2025 Q3 Revenue: USD 1.599 M