Revenue: As of FY2024, the actual value is USD 29.1 M.

EPS: As of FY2024, the actual value is USD -0.1.

Segment Revenue

• Q4’24 Revenue: $29.1 million, up 41% year-over-year.
• Q3’24 Revenue: $27.4 million, up 37% year-over-year.
• Full Year 2024 Revenue: $103.9 million, up 31% year-over-year.

Operational Metrics

• Q4’24 Net Loss: - $15.7 million, compared to - $17.2 million in Q4’23.
• Q3’24 Net Loss: - $30.4 million, compared to $5.0 million in Q3’23.
• Full Year 2024 Net Loss: - $54.0 million, compared to - $108.0 million in 2023.
• Q4’24 Adjusted EBITDA: $0.4 million, compared to - $10.3 million in Q4’23.
• Q3’24 Adjusted EBITDA: - $3.0 million, compared to - $11.6 million in Q3’23.
• Full Year 2024 Adjusted EBITDA: - $21.0 million, compared to - $51.8 million in 2023.

Cash Flow

• Net Cash Used in Operating Activities for Q4’24: $3.2 million, compared to - $3.1 million in Q4’23.
• Net Cash Used in Operating Activities for Full Year 2024: - $30.9 million, compared to - $9.8 million in 2023.

Unique Metrics

• Q4’24 Ending ARR: $99.4 million, up 39% year-over-year.
• Q3’24 Ending ARR: $93.7 million, up 46% year-over-year.
• Q4’24 Ending RPO: $266.7 million.

Outlook / Guidance

Evolv Technology anticipates entering its next phase of growth, focusing on disciplined execution and transparent communication. The company aims to lead the transformation of the security technology landscape, making the world safer for people to live, work, learn, and play.