Nuvve Holding Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018
Revenue	8.33	5.37	4.19	4.21	2.58	1.4
Revenue Growth (YoY)	55.06%	28.22%	-0.45%	63.27%	83.83%	-
Cost of Revenue	6.98	4.2	2	0.52	0.54	0.09
Gross Profit	1.35	1.18	2.19	3.69	2.03	1.32
Selling, General & Admin	24.69	30.12	22.9	5.49	5.06	5.56
Research & Development	8.76	7.98	6.52	2.89	3.13	3.62
Operating Expenses	33.46	38.09	29.42	8.38	8.2	9.18
Operating Income	-32.11	-36.92	-27.23	-4.69	-6.16	-7.87
Interest Expense / Income	0	0	0.59	0.31	0.01	0
Other Expense / Income	-0.82	-12.9	44.66	-0.12	-3.15	-0.03
Pretax Income	-31.28	-24.02	-72.48	-4.88	-3.02	-7.83
Income Tax	0	0	0	0	0	0
Net Income	-31.28	-24.02	-72.48	-4.89	-3.02	-7.83
Preferred Dividends	0.93	0.91	0.36	0	0	0
Net Income Common	-32.22	-24.93	-72.84	-4.89	-3.02	-7.83
Shares Outstanding (Basic)	1	1	0	0	0	-
Shares Outstanding (Diluted)	1	1	0	0	0	-
Shares Change	52.26%	25.92%	88.80%	0.48%	-	-
EPS (Basic)	-40.36	-47.55	-174.80	-22.00	-13.60	-
EPS (Diluted)	-40.36	-47.55	-174.80	-22.00	-13.60	-
Free Cash Flow	-21.44	-34.52	-29.46	-3.1	-4.23	-8.16
Free Cash Flow Per Share	-26.86	-65.84	-70.75	-14.06	-19.25	-
Gross Margin	16.21%	21.90%	52.22%	87.62%	78.89%	93.94%
Operating Margin	-385.32%	-687.01%	-649.81%	-111.35%	-238.99%	-560.88%
Profit Margin	-386.64%	-463.92%	-1738.16%	-116.04%	-117.22%	-558.57%
Free Cash Flow Margin	-257.35%	-642.43%	-702.88%	-73.67%	-163.88%	-582.06%
EBITDA	-30.41	-23.31	-71.72	-4.41	-2.81	-7.71
EBITDA Margin	-364.98%	-433.75%	-1711.42%	-104.65%	-109.06%	-549.63%
Depreciation & Amortization	0.87	0.71	0.17	0.16	0.2	0.13
EBIT	-31.28	-24.02	-71.89	-4.57	-3.01	-7.83
EBIT Margin	-375.45%	-446.98%	-1715.51%	-108.57%	-116.91%	-558.57%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).