Breaking Down Aeva Technologies, Inc. (AEVA) Financial Health: Key Insights for Investors

Are you keeping a close watch on the evolving landscape of automotive and industrial technology? Have you considered how advancements in sensing and perception systems might impact investment opportunities? Let's delve into the financial health of Aeva Technologies, Inc. (AEVA), a company making waves with its 4D LiDAR technology. In 2024, Aeva reported a revenue of $9.1 million, marking a substantial 110.23% increase from the previous year. However, the company also faced a GAAP operating loss of $34.2 million in Q4 2024. With $112 million in cash and marketable securities as of December 31, 2024, and a projected revenue between $15 million and $18 million for 2025, is Aeva on track for sustainable growth, or are there challenges ahead for investors to consider?

Aeva Technologies, Inc. (AEVA) Revenue Analysis

Understanding Aeva Technologies, Inc.'s revenue streams involves analyzing its primary revenue sources, year-over-year growth, segment contributions, and any significant shifts. Aeva Technologies, Inc. specializes in developing Frequency Modulated Continuous Wave (FMCW) LiDAR technology and related perception software. These are primarily used in the automotive, industrial, and other sectors.

Here's a breakdown of what to consider:

• Primary Revenue Sources: Aeva's revenue primarily comes from the sale of its LiDAR sensors and perception software. These products target autonomous vehicles, advanced driver-assistance systems (ADAS), and industrial automation applications.
• Year-over-Year Revenue Growth: Analyzing Aeva's historical revenue trends reveals its growth trajectory. For instance, monitoring the percentage increase or decrease in revenue from year to year indicates its market adoption and competitive positioning.
• Segment Contributions: Evaluating the contribution of different business segments (e.g., automotive, industrial) to Aeva’s overall revenue helps identify key growth areas and potential diversification opportunities.
• Significant Changes: Identifying any notable shifts in Aeva's revenue streams is crucial. This includes assessing the impact of new product launches, partnerships, or changes in market demand on its financial performance.

Aeva Technologies, Inc. reported revenue of $4.5 million for the year ended December 31, 2024, compared to $11.6 million in 2023. The decrease of $7.1 million was primarily due to decreased Atlas-related revenue as Aeries-related revenue began to materialize.

Here's a look at Aeva's revenue by source for 2023 and 2024:

For more insights into the investors of Aeva Technologies, Inc., check out: Exploring Aeva Technologies, Inc. (AEVA) Investor Profile: Who’s Buying and Why?

Aeva Technologies, Inc. (AEVA) Profitability Metrics

Analyzing Aeva Technologies, Inc. (AEVA)'s profitability involves examining its gross profit, operating profit, and net profit margins to understand its financial health and operational efficiency. Trends in these metrics over time, comparison with industry averages, and analysis of cost management and gross margin trends provide a comprehensive view.

As of the fiscal year 2024, detailed profitability metrics for Aeva Technologies, Inc. (AEVA) are essential for investors. However, specific financial data points like gross profit, operating profit, and net profit margins for 2024 are not available in the provided search results. To provide an accurate analysis, one would typically look at the company's financial statements (e.g., 10-K reports) or reliable financial data sources.

When evaluating profitability, consider these key areas:

• Gross Profit Margin: This indicates the efficiency of Aeva in managing its production costs. It is calculated as (Revenue - Cost of Goods Sold) / Revenue.
• Operating Profit Margin: This reflects the company's profitability from its core operations, calculated as Operating Income / Revenue. It shows how well Aeva manages its operational expenses.
• Net Profit Margin: This is the bottom line, showing how much net income Aeva earns for every dollar of revenue. It is calculated as Net Income / Revenue.

Analyzing these margins over several periods (e.g., quarterly or annually) can reveal trends. Increasing margins generally indicate improving profitability, while declining margins may signal potential issues.

A comprehensive profitability analysis also involves comparing Aeva's margins with those of its industry peers. This helps to determine whether Aeva is performing above or below average. Industry-specific databases and financial analysis tools can provide these benchmarks.

Operational efficiency can be assessed by examining cost management practices and trends in the gross margin. Effective cost control and increasing gross margins are positive indicators.

Given the absence of 2024-specific data in the search results, a detailed numerical analysis is not possible. Investors should consult Aeva Technologies, Inc. (AEVA)'s official financial reports or reputable financial data services for precise figures.

For more insights into Aeva Technologies, Inc. (AEVA)'s financial health, you can read: Breaking Down Aeva Technologies, Inc. (AEVA) Financial Health: Key Insights for Investors

Aeva Technologies, Inc. (AEVA) Debt vs. Equity Structure

Understanding Aeva Technologies, Inc.'s financial health requires a close look at its debt and equity structure. This involves analyzing the levels of debt the company holds, how it compares to its equity, and how these factors influence its financial stability and growth potential. Here’s a detailed breakdown:

As of the fiscal year 2024, Aeva Technologies, Inc. relies on a mix of debt and equity to finance its operations and expansion. Examining the specifics of its debt, including both short-term and long-term obligations, provides insight into its financial commitments and flexibility.

Here’s what we know about Aeva Technologies, Inc.’s debt levels:

• Total Debt: As of December 31, 2023, Aeva Technologies, Inc. reported total debt of $39.94 million.
• Long-Term Debt: The long-term debt component was $31.98 million as of the same date.
• Short-Term Debt: Aeva's short-term debt stood at $7.96 million.

The debt-to-equity ratio is a critical metric for evaluating a company's financial leverage. It indicates the proportion of debt and equity a company uses to finance its assets. Aeva Technologies, Inc.'s debt-to-equity ratio provides investors with a sense of how aggressively the company is using debt to fund its growth. As of December 31, 2023 Aeva Technologies' debt-to-equity ratio is 0.14.

Details on Aeva Technologies, Inc.'s recent debt activities and credit ratings offer additional insights into its financial strategy and creditworthiness. Keep in mind that the information on credit ratings may not always be available for companies of all sizes. Here is a summary:

• Recent Debt Issuances: Any recent debt issuances would indicate how Aeva is raising capital and investing in its future.
• Credit Ratings: Credit ratings, if available, would provide an independent assessment of Aeva's ability to meet its debt obligations.
• Refinancing Activity: Refinancing activities can show how Aeva manages its debt to take advantage of better interest rates or terms.

Aeva Technologies, Inc. strategically balances debt financing with equity funding to support its operational needs and growth initiatives. The company’s approach to this balance is crucial for maintaining financial stability and attracting investor confidence. Here's how the balance between debt and equity can be viewed:

• Equity Funding: Relying more on equity can reduce financial risk but may dilute ownership.
• Debt Financing: Utilizing debt can amplify returns if investments are successful but increases financial risk.

Here’s a summary of key financial data for Aeva Technologies, Inc. as of December 31, 2023:

For more insights into Aeva Technologies, Inc., check out: Exploring Aeva Technologies, Inc. (AEVA) Investor Profile: Who’s Buying and Why?

Aeva Technologies, Inc. (AEVA) Liquidity and Solvency

Assessing Aeva Technologies, Inc. (AEVA)'s financial health involves a detailed look at its liquidity and solvency positions. These metrics provide insights into the company's ability to meet its short-term obligations and long-term financial stability. Here's an overview of AEVA's liquidity, working capital, and cash flow trends based on the latest available data.

Liquidity Positions

Liquidity ratios, such as the current and quick ratios, are essential indicators of a company's ability to cover its immediate liabilities. For Aeva Technologies, Inc., these ratios provide a snapshot of its short-term financial health.

• Current Ratio: Aeva Technologies' current ratio as of December 2024 was 3.15. Another source indicates a current ratio of 4.32 as of February 2025 (TTM).
• Quick Ratio: The quick ratio, which excludes inventories from current assets, was reported as 3.09 as of December 2024.

A current ratio of over 1 generally indicates that a company has more current assets than current liabilities, suggesting it can meet its short-term obligations. AEVA's ratios indicate a good short-term financial strength.

Analysis of Working Capital Trends

Working capital is the difference between a company's current assets and current liabilities. Monitoring working capital trends can reveal how efficiently a company manages its short-term resources. Aeva Technologies, Inc. change in working capital is USD 13.79 M for the Trailing 12 Months (TTM) ending September 30, 2024, a 3306.98% change year over year.

Cash Flow Statements Overview

An overview of cash flow statements is crucial for understanding the movement of cash both into and out of a company. This includes cash flow from operating, investing, and financing activities.

• Net Loss: Aeva Technologies reported a net loss of $152.261 million for the year ended December 31, 2024.
• Cash, Cash Equivalents, and Marketable Securities: As of December 31, 2024, the company had $112.0 million in cash, cash equivalents, and marketable securities, along with an available facility of $125.0 million.
• Gross Cash Use: The gross cash use for 2024 was $112 million.

Potential Liquidity Concerns or Strengths

While Aeva Technologies, Inc. has a strong current ratio, indicating a solid ability to cover short-term liabilities, it is important to note a few potential concerns:

• Cash Burn: InvestingPro data indicates that the company is quickly burning through cash, with a negative free cash flow yield of -82%.
• Operating Losses: The company has been consistently reporting operating losses. The GAAP operating loss for the full year 2024 was $158.4 million.

Despite these concerns, AEVA's strengths include:

• Strong Liquidity Position: With $237 million in available funds.
• Revenue Growth: Full-year revenue for 2024 was $9.1 million, more than doubling from 2023.

For more insights into Aeva Technologies, Inc., consider exploring their investor profile: Exploring Aeva Technologies, Inc. (AEVA) Investor Profile: Who’s Buying and Why?

Aeva Technologies, Inc. (AEVA) Valuation Analysis

Determining whether Aeva Technologies, Inc. (AEVA) is overvalued or undervalued requires a multifaceted approach, considering various financial ratios, stock performance, and analyst sentiment. Key valuation metrics offer insights into the company's current market perception relative to its financial performance.

Currently, information on standard valuation metrics such as price-to-earnings (P/E), price-to-book (P/B), and enterprise value-to-EBITDA (EV/EBITDA) ratios for Aeva Technologies, Inc. (AEVA) is not readily available. This could be due to factors such as the company's current financial status, which may include operating losses or negative earnings, making these ratios less meaningful or unavailable. For companies in developmental stages or those prioritizing growth over immediate profitability, traditional valuation metrics might not accurately reflect their potential.

Analyzing Aeva Technologies, Inc.'s stock price trends over the last 12 months provides essential context. As of April 2025, the stock's performance reflects market sentiment and investor confidence. Monitoring these trends helps in understanding the stock's volatility and overall direction. It's important to consider broader market conditions and industry-specific factors that may influence stock price movements.

Dividend yield and payout ratios are typically relevant for established, profitable companies that return a portion of their earnings to shareholders. In the case of Aeva Technologies, Inc. (AEVA), information on dividend yield and payout ratios is not available, suggesting that the company may not currently offer dividends. This is common for growth-oriented companies that reinvest earnings to fuel expansion and innovation.

Analyst consensus on Aeva Technologies, Inc.'s stock valuation provides a summary of professional opinions on the stock's potential. These ratings, typically categorized as buy, hold, or sell, reflect analysts' expectations for the stock's future performance. Examining these ratings, along with the rationale behind them, can offer valuable perspectives on market sentiment and potential investment opportunities.

For further insights into Aeva Technologies, Inc.'s financial health, you can explore a detailed analysis here: Breaking Down Aeva Technologies, Inc. (AEVA) Financial Health: Key Insights for Investors

Aeva Technologies, Inc. (AEVA) Risk Factors

Aeva Technologies, Inc. (AEVA) faces a variety of risks that could significantly impact its financial health. These risks span from internal operational challenges to external market pressures. Understanding these factors is crucial for investors assessing the company's prospects.

Industry Competition: The competitive landscape in the sensor technology sector is intense. Aeva faces competition from established players and emerging startups, all vying for market share. This competition could lead to pricing pressures, reduced profit margins, and the need for continuous innovation to stay relevant. The rapid pace of technological advancements requires Aeva to consistently invest in research and development, which can be costly and may not always guarantee a competitive edge.

Regulatory Changes: The autonomous vehicle industry is subject to evolving regulations and standards. Changes in government policies regarding autonomous driving, safety standards, and environmental regulations could impact Aeva's business model and require significant adjustments. Compliance with these regulations can be costly and time-consuming, potentially delaying product launches and market entry.

Market Conditions: Economic downturns, shifts in consumer preferences, and disruptions in the automotive industry can all affect Aeva's financial performance. A decrease in demand for autonomous vehicles or a slowdown in automotive production could reduce the demand for Aeva's sensors, impacting revenue and profitability. Furthermore, global events such as pandemics or geopolitical tensions can create supply chain disruptions and economic uncertainty, affecting Aeva's operations and financial stability.

According to Aeva's 2024 financial reports, several key risks were highlighted:

• Operational Risks: Production delays or quality control issues with Aeva's sensors could damage its reputation and lead to customer dissatisfaction. Managing the complexities of manufacturing and scaling production to meet demand is a significant challenge.
• Financial Risks: Aeva's ability to secure additional funding is crucial for its long-term growth. If the company is unable to raise capital on favorable terms, it may need to curtail its operations or delay its strategic initiatives. Fluctuations in currency exchange rates and interest rates can also impact Aeva's financial performance.
• Strategic Risks: The success of Aeva's strategic partnerships and collaborations is vital for expanding its market reach and technological capabilities. Failure to maintain these relationships or to effectively integrate new technologies could hinder Aeva's growth prospects. Additionally, the risk of intellectual property infringement or the inability to protect its own patents and proprietary technology poses a significant threat.

Mitigation strategies often involve diversifying the customer base, securing long-term supply agreements, and implementing robust risk management frameworks. However, the effectiveness of these strategies depends on Aeva's ability to execute them successfully.

Investors should carefully consider these risk factors when evaluating Aeva Technologies, Inc. (AEVA). While the company operates in a high-growth sector with significant potential, these risks could impact its financial health and future performance.

Read more about Aeva Technologies, Inc. (AEVA): Exploring Aeva Technologies, Inc. (AEVA) Investor Profile: Who’s Buying and Why?

Aeva Technologies, Inc. (AEVA) Growth Opportunities

Aeva Technologies, Inc. (AEVA) operates within the competitive landscape of sensor technology, focusing on Frequency Modulated Continuous Wave (FMCW) LiDAR. The company's future growth prospects are intricately linked to its ability to innovate, expand its market reach, and strategically position itself within key industries.

Key growth drivers for Aeva include:

• Product Innovations: Continuous advancements in its FMCW LiDAR technology, offering superior performance and cost-effectiveness compared to competing solutions.
• Market Expansions: Targeting high-growth sectors such as automotive (autonomous vehicles), industrial automation, and consumer electronics.
• Strategic Partnerships: Collaborations with key industry players to integrate Aeva's technology into various applications.

While specific future revenue growth projections and earnings estimates for Aeva Technologies, Inc. (AEVA) are not available, several strategic initiatives and partnerships may significantly influence its growth trajectory. These include:

• Automotive Industry: Collaborating with automotive manufacturers to integrate Aeva's LiDAR technology into advanced driver-assistance systems (ADAS) and autonomous driving platforms.
• Industrial Automation: Partnering with companies in the robotics and logistics sectors to deploy Aeva's sensors for enhanced perception and navigation capabilities.
• Strategic Alliances: Forming alliances with technology providers and integrators to expand the reach and application of Aeva's solutions.

Aeva's competitive advantages that position the company for growth are:

• FMCW LiDAR Technology: Aeva's FMCW LiDAR offers unique advantages, including longer range, higher precision, and immunity to interference, compared to traditional Time-of-Flight (ToF) LiDAR.
• 4D Perception: Aeva's technology provides instantaneous velocity measurements alongside traditional 3D spatial data, enabling enhanced perception and decision-making capabilities.
• Scalability and Cost-Effectiveness: Aeva is focused on developing scalable and cost-effective LiDAR solutions to address a wide range of applications and market segments.

For more information on the company's mission, vision, and core values, you can visit: Mission Statement, Vision, & Core Values of Aeva Technologies, Inc. (AEVA).