Filing Flows › Nuvve Holding (NVVE) › Q4 2024
Nuvve Holding (NVVE) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 31, 2025
Nuvve Holding (NVVE) reported revenue of $1.8M for the fourth quarter 2024 (Q4 2024), +9% from a year earlier and -7% from the quarter before. Operating margin was -316.4%, net loss $5.1M (285.5% of revenue).
Nuvve Holding, Q4 2024: revenue $1.8M (+9% year over year), operating margin -316.4%, net loss $5.1M, operating cash flow −$3.5M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.8M | -7% | +9% |
| Operating profit | −$5.7M | — | — |
| Net earnings | −$5.1M | — | — |
| Operating cash flow | −$3.5M | — | — |
What changed
Revenue was $1.8M in Q4 2024, up 9% year over year and down 7% from the previous quarter. Products was the largest line at 66% of revenue.
Operating costs exceeded revenue by $5.7M, an operating margin of -316.4%. Total costs fell 18% while revenue rose 9%. The fastest-growing cost line was Other operating costs (+33%). The quarter ended with a net loss of $5.1M, wider than the previous quarter's $1.6M loss. Minority interests bore $29K of it: to shareholders the quarter was a loss of $5.1M.
Operating cash flow was −$3.5M. Non-cash charges added back $84K of depreciation and amortization and $628K of share-based compensation. Working capital and other items added $930K. Capital expenditures of −$9K exceeded it, leaving free cash flow of −$3.4M.
Questions
What was Nuvve Holding's revenue in the fourth quarter 2024?
Nuvve Holding (NVVE) reported revenue of $1.8M for the fourth quarter 2024 (Q4 2024), +9% from a year earlier and -7% from the quarter before.
Was Nuvve Holding profitable in the fourth quarter 2024?
Operating loss was $5.7M (-316.4% of revenue) and net loss $5.1M.
Source: Nuvve Holding 10-K on SEC EDGAR.