Earnings Summary

Enovix Corporation’s revenue jumped 25004.76% since last year same period to $5.27Mn in the Q1 2024. On a quarterly growth basis, Enovix Corporation has generated -28.57% fall in its revenue since last 3-months.

Enovix Corporation’s net profit jumped 52.1% since last year same period to $-46.37Mn in the Q1 2024. On a quarterly growth basis, Enovix Corporation has generated 22.69% jump in its net profits since last 3-months.

Enovix Corporation’s net profit margin jumped 99.81% since last year same period to -879.51% in the Q1 2024. On a quarterly growth basis, Enovix Corporation has generated -8.24% fall in its net profit margins since last 3-months.

Enovix Corporation’s earning per share (EPS) estimates for the current year stand at -0.29.

Enovix Corporation’s earning per share (EPS) fell -55% since last year same period to -0.31 in the Q1 2024. This indicates that the Enovix Corporation has generated -55% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Enovix Corporation’s return on assets (ROA) stands at -0.27.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Enovix Corporation’s return on equity (ROE) stands at -0.69.