Nuvve Holding Corp. (NVVE) fundamental analysis — strengths, weaknesses & financial health based on data analysis
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
Nuvve Holding Corp. (NVVE) stock price & volume — 10-year historical chart
Nuvve Holding Corp. (NVVE) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Nuvve Holding Corp. (NVVE) competitors in Retail Services and Enablement Platforms — business model, growth, and fundamentals comparison
Nuvve Holding Corp. (NVVE) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Nuvve Holding Corp. (NVVE) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 1.4M | 2.58M | 1.94M | 2.92M | 5.37M | 8.33M | 5.29M | 4.65M |
| Revenue Growth % | - | 83.83% | -24.64% | 50.3% | 83.98% | 55.06% | -36.56% | -7.65% |
| Cost of Goods Sold | 85K | 544.23K | 521.07K | 2M | 4.2M | 6.98M | 3.53M | 2.96M |
| COGS % of Revenue | 6.06% | 21.11% | 26.82% | 68.55% | 78.1% | 83.79% | 66.86% | - |
| Gross Profit | 1.32M▲ 0% | 2.03M▲ 54.4% | 1.42M▼ 30.1% | 918.43K▼ 35.4% | 1.18M▲ 28.1% | 1.35M▲ 14.8% | 1.75M▲ 29.7% | 1.69M▲ 0% |
| Gross Margin % | 93.94% | 78.89% | 73.18% | 31.45% | 21.9% | 16.21% | 33.14% | 36.27% |
| Gross Profit Growth % | - | 54.38% | -30.09% | -35.42% | 28.11% | 14.81% | 29.67% | - |
| Operating Expenses | 9.2M | 8.2M | 6.11M | 28.15M | 38.09M | 33.46M | 22.21M | 32.79M |
| OpEx % of Revenue | 655.76% | 317.88% | 314.41% | 963.84% | 708.9% | 401.53% | 420.19% | - |
| Selling, General & Admin | 5.56M | 5.06M | 5.49M | 22.9M | 0 | 0 | 0 | 23.75M |
| SG&A % of Revenue | 396.41% | 196.43% | 282.38% | 783.95% | - | - | - | - |
| Research & Development | 3.62M | 3.13M | 2.89M | 6.52M | 7.98M | 8.76M | 4.54M | 3.92M |
| R&D % of Revenue | 258.41% | 121.45% | 148.67% | 223.39% | 148.45% | 105.15% | 85.9% | - |
| Other Operating Expenses | 0 | 0 | -2.27M | -1.27M | 30.12M | 24.69M | 17.67M | 998.84K |
| Operating Income | -7.87M▲ 0% | -6.16M▲ 21.7% | -4.69M▲ 23.9% | -27.23M▼ 481.0% | -36.92M▼ 35.6% | -32.11M▲ 13.0% | -20.46M▲ 36.3% | -31.11M▲ 0% |
| Operating Margin % | -560.88% | -238.99% | -241.23% | -932.4% | -687.01% | -385.32% | -387.05% | -668.69% |
| Operating Income Growth % | - | 21.67% | 23.93% | -480.96% | -35.56% | 13.03% | 36.27% | - |
| EBITDA | -7.74M | -5.96M | -4.52M | -27.06M | -36.63M | -31.71M | -20.12M | -30.78M |
| EBITDA Margin % | -551.95% | -231.15% | -232.7% | -926.66% | -681.62% | -380.56% | -380.66% | -661.74% |
| EBITDA Growth % | - | 23.01% | 24.13% | -498.53% | -35.33% | 13.42% | 36.54% | -40.68% |
| D&A (Non-Cash Add-back) | 125.35K | 202.23K | 165.58K | 167.56K | 289.54K | 396.21K | 337.97K | 323.34K |
| EBIT | -7.87M | -6.16M | -4.57M | -27.28M | -36.92M | -32.11M | -20.46M | -30.33M |
| Net Interest Income | 0 | 204 | -313.61K | -47.34M | 134.58K | 108.18K | -767.37K | -2.26M |
| Interest Income | 45.62K | 8.39K | 0 | 0 | 134.58K | 108.18K | 0 | 0 |
| Interest Expense | 0 | 8.19K | 313.61K | 47.34M | 0 | 0 | 767.37K | 2.26M |
| Other Income/Expense | 32.51K | 3.81M | -196.75K | -47.38M | 12.36M | 810.09K | 3.04M | 1.06M |
| Pretax Income | -7.83M▲ 0% | -2.35M▲ 70.0% | -4.88M▼ 107.8% | -74.62M▼ 1427.7% | -24.56M▲ 67.1% | -31.3M▼ 27.4% | -17.42M▲ 44.3% | -30.05M▲ 0% |
| Pretax Margin % | -558.57% | -91.17% | -251.35% | -2554.8% | -457.01% | -375.59% | -329.63% | -645.99% |
| Income Tax | 0 | 671.73K | 1K | 1K | 800 | 1.6K | 1.6K | 1.6K |
| Effective Tax Rate % | 0% | -28.57% | -0.02% | -0% | -0% | -0.01% | -0.01% | -0.01% |
| Net Income | -7.83M▲ 0% | -3.02M▲ 61.4% | -4.89M▼ 61.6% | -72.48M▼ 1383.7% | -24.02M▲ 66.9% | -31.28M▼ 30.3% | -17.4M▲ 44.4% | -29.83M▲ 0% |
| Net Margin % | -558.57% | -117.22% | -251.4% | -2481.63% | -446.99% | -375.46% | -329.11% | -641.21% |
| Net Income Growth % | - | 61.42% | -61.63% | -1383.67% | 66.86% | -30.25% | 44.39% | -52.29% |
| Net Income (Continuing) | -7.83M | -3.02M | -4.89M | -74.62M | -24.56M | -31.3M | -17.43M | -30.05M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 400.27K | -402.42K | -700.47K | -28.81K | -511.02K |
| EPS (Diluted) | -12.77▲ 0% | -4.93▲ 61.4% | -22.15▼ 349.3% | -656.00▼ 2861.6% | -46.84▲ 92.9% | -40.36▲ 13.8% | -26.92▲ 33.3% | -4.79▲ 0% |
| EPS Growth % | - | 61.39% | -349.29% | -2861.63% | 92.86% | 13.83% | 33.3% | -3.45% |
| EPS (Basic) | -12.77 | -4.93 | -22.15 | -656.00 | -46.84 | -40.36 | -26.92 | - |
| Diluted Shares Outstanding | 613.56K | 613.56K | 220.53K | 416.36K | 524.3K | 798.27K | 646.33K | 6.23M |
| Basic Shares Outstanding | 613.56K | 613.56K | 220.53K | 416.36K | 524.3K | 798.27K | 646.33K | 6.23M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - |
Nuvve Holding Corp. (NVVE) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 3.61M | 1.69M | 4.77M | 46.78M | 31.85M | 12.52M | 9.28M | 9.55M |
| Cash & Short-Term Investments | 2.05M | 326.7K | 2.28M | 32.36M | 15.75M | 1.53M | 371.5K | 939.41K |
| Cash Only | 2.05M | 326.7K | 2.28M | 32.36M | 15.75M | 1.53M | 371.5K | 939.41K |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 865.61K | 811.85K | 999.9K | 1.89M | 1.09M | 1.72M | 2.15M | 1.11M |
| Days Sales Outstanding | 225.26 | 114.93 | 187.82 | 235.79 | 74.07 | 75.56 | 148.33 | 99.89 |
| Inventory | 0 | 216.79K | 1.05M | 11.12M | 11.55M | 5.89M | 4.59M | 4.26M |
| Days Inventory Outstanding | - | 145.39 | 737.24 | 2.03K | 1K | 307.91 | 474.19 | 531.24 |
| Other Current Assets | 100K | 0 | 20.43K | 380K | 1.97M | 2.38M | 1.67M | 2.41M |
| Total Non-Current Assets | 2.07M | 2.55M | 2.39M | 6.13M | 9.35M | 8.43M | 7.52M | 7.2M |
| Property, Plant & Equipment | 102.42K | 97.3K | 95.23K | 3.84M | 5.94M | 5.61M | 5.11M | 4.57M |
| Fixed Asset Turnover | 13.69x | 26.50x | 20.40x | 0.76x | 0.90x | 1.49x | 1.04x | 0.95x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 96K |
| Intangible Assets | 1.94M | 1.76M | 1.62M | 1.48M | 1.34M | 1.2M | 1.06M | 1.1M |
| Long-Term Investments | 0 | 670.95K | 670.95K | 670.95K | 1.77M | 783.21K | 772.37K | 2.99M |
| Other Non-Current Assets | 23.48K | 23.48K | 3.06K | 141.22K | 297.55K | 838.56K | 580.25K | 2.63M |
| Total Assets | 5.67M▲ 0% | 4.24M▼ 25.2% | 7.16M▲ 68.7% | 52.91M▲ 639.5% | 41.2M▼ 22.1% | 20.95M▼ 49.1% | 16.8M▼ 19.8% | 16.76M▲ 0% |
| Asset Turnover | 0.25x | 0.61x | 0.27x | 0.06x | 0.13x | 0.40x | 0.31x | 0.28x |
| Asset Growth % | - | -25.22% | 68.67% | 639.5% | -22.14% | -49.15% | -19.82% | -66.71% |
| Total Current Liabilities | 1.34M | 2.57M | 8.04M | 9.48M | 7.9M | 7.98M | 11.35M | 12.94M |
| Accounts Payable | 970.68K | 1.5M | 2.96M | 5.74M | 2.39M | 1.69M | 1.88M | 2.94M |
| Days Payables Outstanding | 4.17K | 1.01K | 2.07K | 1.05K | 207.9 | 88.58 | 194.38 | 259.08 |
| Short-Term Debt | 100K | 150K | 4.29M | 0 | 0 | 0 | 4.65M | 2.19M |
| Deferred Revenue (Current) | 0 | 0 | 0 | 719.77K | 1.22M | 697.11K | 506.5K | 3.32M |
| Other Current Liabilities | 0 | 88.69K | 196.45K | 110.57K | 113.84K | 105.14K | 6.97K | 1.28M |
| Current Ratio | 2.70x | 0.66x | 0.59x | 4.93x | 4.03x | 1.57x | 0.82x | 0.82x |
| Quick Ratio | 2.70x | 0.57x | 0.46x | 3.76x | 2.57x | 0.83x | 0.41x | 0.41x |
| Cash Conversion Cycle | - | -744.94 | -1.15K | 1.22K | 870.85 | 294.89 | 428.13 | 372.06 |
| Total Non-Current Liabilities | 0 | 0 | 0 | 13.52M | 6.06M | 5.98M | 6.74M | 5.73M |
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 840.5K | 840.5K |
| Capital Lease Obligations | 0 | 0 | 0 | 3.44M | 5.09M | 4.65M | 4.25M | 16.02M |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 0 | 0 | 10.07M | 973.29K | 995.79K | 869.88K | 3.73M |
| Total Liabilities | 1.34M | 2.57M | 8.04M | 23M | 13.96M | 13.96M | 18.09M | 18.67M |
| Total Debt | 100K | 150K | 4.29M | 3.48M | 5.91M | 5.5M | 10.66M | 7.6M |
| Net Debt | -1.95M | -176.7K | 2.02M | -28.88M | -9.84M | 3.97M | 10.29M | 6.66M |
| Debt / Equity | 0.02x | 0.09x | - | 0.12x | 0.22x | 0.79x | - | -3.96x |
| Debt / EBITDA | - | - | - | - | - | - | - | -0.25x |
| Net Debt / EBITDA | - | - | - | - | - | - | - | -0.22x |
| Interest Coverage | - | -752.76x | -14.95x | -0.58x | - | - | -26.66x | -13.39x |
| Total Equity | 4.34M▲ 0% | 1.67M▼ 61.5% | -881.71K▼ 152.8% | 29.91M▲ 3492.8% | 27.24M▼ 8.9% | 6.99M▼ 74.3% | -1.29M▼ 118.4% | -1.92M▲ 0% |
| Equity Growth % | - | -61.49% | -152.8% | 3492.76% | -8.94% | -74.34% | -118.45% | -638.86% |
| Book Value per Share | 7.07 | 2.72 | -4.00 | 71.85 | 51.95 | 8.76 | -2.00 | -0.31 |
| Total Shareholders' Equity | 4.34M | 1.67M | -881.71K | 29.51M | 27.64M | 7.69M | -1.26M | -1.41M |
| Common Stock | 2.45K | 2.45K | 2.62K | 1.89K | 2.43K | 5.93K | 6.41K | 325.26K |
| Retained Earnings | -12.55M | -15.57M | -20.46M | -92.94M | -116.96M | -148.24M | -165.6M | -190.36M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 58.94K | 107.62K | -77.84K | 113.45K | 76.18K | 93.68K | 46.49K | 40.49K |
| Minority Interest | 0 | 0 | 0 | 400.27K | -402.42K | -700.47K | -28.81K | -511.02K |
Nuvve Holding Corp. (NVVE) cash flow — operating, investing & free cash flow history
| Line item | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|
| Cash from Operations | -8.05M | -4.21M | -3.08M | -29.19M | -34.08M | -21.25M | -15.73M | -15.73M |
| Operating CF Margin % | -573.78% | -163.24% | -158.45% | -999.47% | -634.27% | -255.09% | -297.65% | - |
| Operating CF Growth % | - | 47.7% | 26.85% | -848.08% | -16.76% | 37.64% | 25.97% | 55.06% |
| Net Income | -7.83M | -3.02M | -4.89M | -74.62M | -24.56M | -31.3M | -17.43M | -29.83M |
| Depreciation & Amortization | 125.35K | 202.23K | 164.99K | 167.56K | 289.54K | 396.21K | 337.97K | 325.36K |
| Stock-Based Compensation | 190.69K | 0 | 599.53K | 4.22M | 5.23M | 4.11M | 2.62M | 1.2M |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | 632.04K | -2.67M | 322.66K | 47.14M | -11.72M | -113.84K | -2.96M | 8.32M |
| Working Capital Changes | -1.16M | 1.28M | 719.01K | -6.1M | -3.33M | 5.65M | 1.69M | 4.28M |
| Change in Receivables | -599.63K | 53.77K | -187.09K | -887.7K | 763.3K | -634.43K | -148.3K | -157.63K |
| Change in Inventory | 0 | -216.79K | -835.69K | -10.07M | -433.64K | 5.45M | 1.3M | 1.41M |
| Change in Payables | 0 | 528.31K | 1.46M | 2.78M | -3.35M | -696.1K | 196.41K | 779.38K |
| Cash from Investing | -116.17K | 2.29M | -22.5K | -265.48K | -1.44M | 1.14M | -45.4K | -390.44K |
| Capital Expenditures | -116.17K | -16.5K | -22.5K | -273.12K | -438.05K | -188.43K | -45.4K | -50.24K |
| CapEx % of Revenue | 8.28% | 0.64% | 1.16% | 9.35% | 8.15% | 2.26% | 0.86% | - |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 0 | 0 | 7.65K | 0 | 0 | 0 | -340.2K |
| Cash from Financing | 100K | 50K | 5.24M | 59.72M | 19.06M | 5.86M | 14.46M | 16.78M |
| Debt Issued (Net) | 0 | 50K | 5.48M | -493.34K | -9.69K | -8.14K | 5.81M | 9M |
| Equity Issued (Net) | 0 | 0 | 0 | 1000K | 1000K | 1000K | 1000K | 1.65M |
| Dividends Paid | 0 | 0 | 0 | -39.1K | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | -8.02M | 0 | 0 | 0 | 0 |
| Other Financing | 100K | 0 | -240.7K | 50.88M | 2.24M | 0 | 155.06K | 2.06M |
| Net Change in Cash | -7.97M▲ 0% | 326.7K▲ 104.1% | 1.95M▲ 496.6% | 30.46M▲ 1462.9% | -16.51M▼ 154.2% | -14.22M▲ 13.9% | -1.32M▲ 90.7% | 454.17K▲ 0% |
| Free Cash Flow | -8.16M▲ 0% | -4.23M▲ 48.2% | -3.1M▲ 26.6% | -29.46M▼ 850.0% | -34.52M▼ 17.2% | -21.44M▲ 37.9% | -15.78M▲ 26.4% | -15.98M▲ 0% |
| FCF Margin % | -582.06% | -163.88% | -159.61% | -1008.82% | -642.43% | -257.35% | -298.51% | -343.43% |
| FCF Growth % | - | 48.24% | 26.6% | -850% | -17.16% | 37.88% | 26.41% | 41.56% |
| FCF per Share | -13.31 | -6.89 | -14.06 | -70.76 | -65.84 | -26.86 | -24.41 | -24.41 |
| FCF Conversion (FCF/Net Income) | 1.03x | 1.39x | 0.63x | 0.40x | 1.42x | 0.68x | 0.90x | 0.54x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 563.35K | 872.16K |
| Taxes Paid | 0 | 0 | 800 | 800 | 0 | 0 | 1.6K | 0 |
Nuvve Holding Corp. (NVVE) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | TTM |
|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | -100.64% | -1239.46% | -499.29% | -84.05% | -182.79% | -610.35% | 1285.99% |
| Return on Invested Capital (ROIC) | -238.16% | -267.37% | -1879.41% | -300.35% | -169.82% | -153.81% | -153.81% |
| Gross Margin | 78.89% | 73.18% | 31.45% | 21.9% | 16.21% | 33.14% | 36.27% |
| Net Margin | -117.22% | -251.4% | -2481.63% | -446.99% | -375.46% | -329.11% | -641.21% |
| Debt / Equity | 0.09x | - | 0.12x | 0.22x | 0.79x | - | -3.96x |
| Interest Coverage | -752.76x | -14.95x | -0.58x | - | - | -26.66x | -13.39x |
| FCF Conversion | 1.39x | 0.63x | 0.40x | 1.42x | 0.68x | 0.90x | 0.54x |
| Revenue Growth | 83.83% | -24.64% | 50.3% | 83.98% | 55.06% | -36.56% | -7.65% |
Nuvve Holding Corp. (NVVE) stock FAQ — growth, dividends, profitability & financials explained
Nuvve Holding Corp. (NVVE) reported $4.7M in revenue for fiscal year 2024. This represents a 232% increase from $1.4M in 2018.
Nuvve Holding Corp. (NVVE) saw revenue decline by 36.6% over the past year.
Nuvve Holding Corp. (NVVE) reported a net loss of $29.8M for fiscal year 2024.
Nuvve Holding Corp. (NVVE) has a return on equity (ROE) of -610.4%. Negative ROE indicates the company is unprofitable.
Nuvve Holding Corp. (NVVE) had negative free cash flow of $16.0M in fiscal year 2024, likely due to heavy capital investments.
Nuvve Holding Corp. (NVVE) financial analysis — history, returns, DCA and operating performance tools
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates