Eve Holding, Inc. · NYSE:EVEX
Eve — Q3 2023 Earnings Presentation
10 slides from Eve's earnings presentation, Nov 7, 2023
Slide 1: 3Q23 Eve Update
3Q23 EVE UPDATE NOVEMBER 7, 2023
Slide 2: Latest Product Developments
LATEST PRODUCT DEVELOPMENTS INITIATED PROTOTYPE ASSEMBLY AND JOINT-DEFINITION PHASE • Started assembly of harness to integrate electrical/electronic systems to sensors, fuselage and structural wing components to incorporate into composite laminate; • Initiated Joint-Definition Phase (JDP) to engage
Slide 3: eVTOL Development Progressing
eVTOL DEVELOPMENT PROGRESSING Wing assembly fuselageassembly 1stst harness assembly Wind tunnel testing Ribs and spars wing assembly Joint Definition Phase - JDP This information belongs to Eve and cannot be used or reproduced without written permission from the Company. 3
Slide 4: Selection of Suppliers Progress
SELECTION OF SUPPLIERS PROGRESS Propeller Battery Flight Control Rotors Computers Engines Thermal Management Actuators Avionics This information belongs to Eve and cannot be used or reproduced without written permission from the Company. 4
Slide 5: Stakeholders Engagement
STAKEHOLDERS ENGAGEMENT HUMAN-MACHINE INTERFACE SUMMIT VISUAL & SOUND PERCEPTION STUDY • Customers’ feedback and guidance on flight • Gather data and perceptions of eVTOL sights deck environment and interfaces and sounds to support efforts to improve community acceptance of UAM operations • ~20 oper
Slide 6: Services & Operations Solutions Deals
SERVICES & OPERATIONS SOLUTIONS DEALS 7 Services & Operations Solutions customers in 6 countries Letters of Intent for up to MRO services Data integration solutions $540 Mi Spare parts solutions Training solutions POTENTIAL REVENUE (5Y) Battery & energy solutions Component repairs This information b
Slide 7: eVTOL and Urban ATM Deals
eVTOL AND URBAN ATM DEALS 28 eVTOL customers in 14 countries Letters of Intent for up to 11 UATM customers & partners in 3 continents 2,850 eVTOL AIRCRAFT $8.6 Bi 30 50 60 50 200 100 200 200 150 200 200 200 100 400 50 35 100 100 50 50 40 50 25 40 40 10 Undisclosed 50 70 Undisclosed 3 This informatio
Slide 8: Financial Performance
FINANCIAL PERFORMANCE USD MILLIONS 3Q23 2Q23 3Q22 9M23 9M22 INCOME STATEMENT Research and Development (28.6) (21.8) (14.3) (72.0) (33.8) Selling, General and Administrative (5.0) (6.6) (6.8) (17.8) (23.9) New Warrants / Change in fair value of derivative liabilities (0.9) (6.8) (17.1) (9.8) (98.6) F
Slide 9: Milestones and 2023 Outlook Unchanged
MILESTONES AND 2023 OUTLOOK UNCHANGED SELECTION OF PRIMARY SUPPLIERS AIRCRAFT SYSTEMS ARCHITECTURE DEFINITION INITIATE FIRST PROTOTYPE ASSEMBLY (2H23) INITIATE TEST CAMPAIGN (2024) TRIAL SOFTWARE OF URBAN AIR TRAFFIC MANAGEMENT – URBAN ATM (4Q23) $ 2023 TOTAL CASH CONSUMPTION BETWEEN $130 AND $150 M
Slide 10: Thank You!
THANK YOU! This information belongs to Eve and cannot be used or reproduced without written permission from the Company.