Energy Vault Holdings Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019
Revenue	341.54	145.88	0	0	0
Revenue Growth (YoY)	134.13%	-	-	-	-
Cost of Revenue	324.01	86.58	0	0	0
Gross Profit	17.53	59.3	0	0	0
Selling, General & Admin	86.27	69.2	18.9	5.99	7.95
Research & Development	37.1	42.61	7.91	8.52	2.06
Other Operating Expenses	0.89	10.57	2.72	0	0
Operating Expenses	124.27	122.38	29.54	14.51	10.01
Operating Income	-106.74	-63.08	-29.54	-14.51	-10.01
Interest Expense / Income	0.04	0	0.01	0.13	1.19
Other Expense / Income	-7.98	14.79	1.79	9.54	-1.06
Pretax Income	-98.79	-77.87	-31.34	-24.17	-10.14
Income Tax	-0.35	0.43	0	0	0
Net Income	-98.44	-78.3	-31.34	-24.17	-10.14
Shares Outstanding (Basic)	143	123	13	1	1
Shares Outstanding (Diluted)	143	123	13	1	1
Shares Change	15.91%	864.33%	854.68%	44.16%	-
EPS (Basic)	-0.69	-0.64	-2.45	-18.06	-10.92
EPS (Diluted)	-0.69	-0.64	-2.45	-18.06	-10.92
Free Cash Flow	-129.2	-25.67	-22.24	-18.45	-15.99
Free Cash Flow Per Share	-0.90	-0.21	-1.74	-13.79	-17.22
Gross Margin	5.13%	40.65%	-	-	-
Operating Margin	-31.25%	-43.24%	-	-	-
Profit Margin	-28.82%	-53.67%	-	-	-
Free Cash Flow Margin	-37.83%	-17.59%	-	-	-
EBITDA	-97.86	-70.13	-28.89	-23.43	-8.88
EBITDA Margin	-28.65%	-48.07%	-	-	-
Depreciation & Amortization	0.89	7.74	2.44	0.61	0.07
EBIT	-98.76	-77.87	-31.33	-24.04	-8.95
EBIT Margin	-28.91%	-53.38%	-	-	-

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).