Eve Holding, Inc. · NYSE:EVEX
Eve — Q2 2023 Earnings Presentation
10 slides from Eve's earnings presentation, Aug 8, 2023
Slide 1: 2Q23 Eve Update
2Q23 EVE UPDATE August 8, 2023
Slide 2: Latest Product Developments
LATEST PRODUCT DEVELOPMENTS eVTOL CONFIGURATION CONCLUDED IN 2Q23 Final design presented at the Paris Air Show; detailing eVTOL’s architecture and subsystems MATURING THE eVTOL TECHNICAL KNOWLEDGE RUAG wind-tunnel results incorporated Mobile rig for high-performance, low-sound rotors Rig employed fo
Slide 3: eVTOL Configuration Concluded
eVTOL CONFIGURATION CONCLUDED New empennage Pusher powered Final eVTOL configuration; new by dual motors empennage and pusher disclosed • Final cabin dimensions & baggage compartments 8 lifters • Refined fuselage and empennage 4 passengers 1 pilot Upcoming milestones: • BALANCE OF SUPPLIER SELECTION
Slide 4: Selection of Primary Suppliers
SELECTION OF PRIMARY SUPPLIERS Energy Storage System Rotors and Propellers Electric Propulsion System This information belongs to Eve and cannot be used or reproduced without written permission from the Company. 4
Slide 5: eVTOL Testing Phase Continues
eVTOL TESTING PHASE CONTINUES Wind tunnel testing Propeller rig Truck-mounted rig 1st prototype - wing’s root and tip liners’ manufacturing tooling and 1st carbon fiber laminate material Flight-control rig Motor rig This information belongs to Eve and cannot be used or reproduced without written per
Slide 6: Selection of First eVTOL Production Site in Brazil
SELECTION OF FIRST eVTOL PRODUCTION SITE IN BRAZIL TAUBATÉ - SÃO PAULO, BRAZIL • Production facility situated within Embraer’s existing unit that will be expanded • Strategic logistical location, proximity to Embraer’s headquarters in São José dos Campos and Eve’s engineering and human resources tea
Slide 7: eVTOL and Urban ATM Deals
eVTOL AND URBAN ATM DEALS Letters of Intent for up to 28 eVTOL customers in 14 countries 9 UATM customers & partners in 3 continents 2,850 eVTOL AIRCRAFT 30 50 $8.6 Bi 60 50 200 100 200 200 150 200 200 200 100 400 100 35 100 50 50 40 50 50 40 25 Undisclosed 50 10 40 70 Undisclosed 2 This information
Slide 8: Financial Performance
FINANCIAL PERFORMANCE USD MILLIONS 2Q23 2Q22 1H23 1H22 INCOME STATEMENT Research and Development (21.8) (10.4) (43.3) (19.5) Selling, General and Administrative (6.6) (15.7) (12.8) (17.0) Warrant expenses, change in fair value of derivative liabilities (6.8) (81.5) (9.0) (81.5) Financial and Foreign
Slide 9: Milestones and 2023 Outlook Unchanged
MILESTONES AND 2023 OUTLOOK UNCHANGED SELECTION OF PRIMARY SUPPLIERS AIRCRAFT SYSTEMS ARCHITECTURE DEFINITION FIRST PROTOTYPE ASSEMBLY (2H23) INITIATE TEST CAMPAIGN (2024) TRIAL SOFTWARE OF URBAN AIR TRAFFIC MANAGEMENT – URBAN ATM (2H23) $ 2023 TOTAL CASH CONSUMPTION BETWEEN $130 AND $150 MILLION Th
Slide 10: Thank You!
THANK YOU! This information belongs to Eve and cannot be used or reproduced without written permission from the Company.