Nuvve Holding Corp (OTCPK:NVVE)

Q1 2025 Nuvve Holding Corp Earnings Call Transcript

May 15, 2025 / 09:00 PM GMT

Release Date Price: $799.2 (+0.91%)

Transcript 10-Q8-K

Key Points

Positve

Nuvve Holding Corp (NVVE) received 28 orders for new charging stations, a significant increase from only one order a year ago.
The company was awarded a critical contract with the state of New Mexico, representing a potential opportunity greater than $400 million over the next four years.
Nuvve Holding Corp (NVVE) announced the acquisition of Firmara Energy's assets, expanding its long-term opportunities without using cash from its balance sheet.
Margins on products, services, and grant revenues increased to 39.9% in Q1 2025 from 34.7% in the same period last year.
The company's megawatts under management increased by 19.5% compared to Q1 2024, indicating growth in its energy management capabilities.

Negative

Top line revenue for the quarter was only $0.9 million, showing minimal growth from $0.8 million in Q1 2024.
Net loss attributable to common stockholders was $6.9 million in Q1 2025, only a slight improvement from a $7 million loss in Q1 2024.
Revenue recognition slowed due to the transition to a drop ship model with a new partner, Teli Power Green.
Operating costs, excluding cost of sales, remained high at $6 million for Q1 2025.
The company had only $1.2 million in cash as of March 31, 2025, indicating potential liquidity concerns.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

NVVE.OQ - Nuvve Holding Corp
Q1 2025 Nuvve Holding Corp Earnings Call
May 15, 2025 / 09:00PM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Good morning and welcome to the newve Holding Corporation first quarter 2025 earnings conference call.

On today's call are Greg Blasny, Chief Executive Officer, and David Robson, Chief Financial Officer of New Bay.

Earlier today, Ny issued a press release announcing its first quarter 2025 results. Following prepared remarks, we will open up the call for questions.

Before we begin I would like to remind you that this call may contain forward-looking statements. While these forward-looking statements reflect newbi's best current judgment, they are subject to risks and uncertainties that could cause actual results to differ materially from those implied by these forward-looking projections. These risk factors are

Already have an account? Log in

Get the full story

Subscribe Now

	Access to All Earning Calls and Stock Analysis
	30-Year Financial on one screen
	All-in-one Stock Screener with unlimited filters
	Customizable Stock Dashboard
	Real Time Insider Trading Transactions
	8,000+ Institutional investors’ 13F holdings
	Powerful Excel Add-in and Google sheets Add-on
	All data downloadable
	Quick customer support
	And much more...

7-Day Free Trial · Cancel Anytime

Subscription fee may be tax deductible.

Excellent

4.6 out of 5

Trustpilot

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Calculators Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App Newsletters Signup 中文

Education

Financial Glossary Tutorials FAQ Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.