Eve Holding (EVEX) Investor presentation summary

Company overview and market position

• Focuses on developing electric vertical takeoff and landing (eVTOL) aircraft and urban air mobility (UAM) solutions through strategic partnerships.

• Holds approximately 2,800 eVTOL orders, representing a pre-order book value of about $14 billion.

• Raised around $1 billion since 2022 via debt and equity, with a current market cap near $1.4 billion.

• Backed by major investors and partners, including Embraer, BNDES, Bradesco, BAE Systems, and United.

• Largest and most diversified backlog in the industry, with 28 customers across 9 countries.

Product development and technology

• eVTOL design prioritizes safety, accessibility, comfort, and operational efficiency, with flexible seating for 4–6 passengers.

• Utilizes a lift + cruise architecture for lower operating costs, high reliability, and easier certification.

• Full-scale prototype ground and flight tests are underway, with first flight targeted for late 2025/early 2026.

• Key suppliers include Nidec, BAE Systems, Garmin, Honeywell, and Recaro.

• Modular manufacturing strategy in Taubaté, Brazil, aims for scalable production up to 480 units/year.

Financial performance and funding

• Total of ~$1 billion raised since 2022 from equity and debt, including recent $230 million equity round.

• Liquidity position of $594 million, sufficient for approximately three years at current burn rates.

• 2Q25 net loss of $64.7 million and free cash flow of -$56.9 million; R&D remains the largest expense.

• Share trading liquidity increased post-offer, with free float rising to ~15%.