“Pre-revenue” Eve Air Mobility reports first quarter earnings

“Pre-revenue” Eve Air Mobility reports first quarter earnings

Eve Air Mobility has reported its first quarter earnings results for 2025. Eve reported a net loss of USD 48.8 million in 1Q25 versus USD 25.3 million in 1Q24.  The increase in net loss in 1Q25 was primarily driven by higher research and development (R&D) expenses, necessary to advance the development of the company’s urban air mobility products, including the Master Service Agreement (MSA) with Embraer. R&D expenses were USD 44.7 million in 1Q25

Eve Air Mobility reports higher net loss than year prior in Q1 2025 results - RotorHub International

Eve Air Mobility has released its Q1 2025 results, reporting a net loss of USD 48 million compared to USD 25.3 million in Q1 2024 due to high Research and Development (R&D) expenses, which totalled USD 44.7 million versus 27.5 million in Q1 2024. Selling, General and Administrative expenses (SG&A) were at USD 7.9 million, an increase from USD 6.5 million the previous year, partially due to a jump from 170 to 180 employees since Q1 2024, and with…