Organization Energy Vault Holdings, Inc. (together with its subsidiaries, Energy Vault or the Company ) is a Delaware corporation. On February 11, 2022, we completed a business combination with Energy Vault, Inc. (the Merger ) and, in connection with the closing, changed our name from Novus Capital Corporation II to Energy Vault Holdings, Inc.
$5.03
+$0.59 (+13.29%)
Price from 31 days ago
The business is unprofitable at the operating level (-37.52% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue up 377.2% YoY with margins expanding 275.5pp.
Negative free cash flow of -$47M. The business is consuming cash, not generating it.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
$212M
▲ +377.2% YoY
Net Income (TTM)
-$115M
▲ +23.7% YoY
Op. Margin
-36.72%
▲ +275.5pp YoY
ROIC
-38.52%
▲ +17.9pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
-$98M
▲ +59.3% YoY
Op. Cash Flow (TTM)
-$57M
▲ +89.9% YoY
Net Debt
$118M
Cash & Equiv.
$56M
3Y CAGR: +10.8%
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