california-based enovix is pioneering a silicon lithium-ion battery for mobile products. enovix has built a new battery platform with an orthogonal approach which enables much greater innovation in materials, design, production, and packaging than a conventional lithium-ion battery. with strategic investments and support from industry leaders cypress semiconductor, intel, and qualcomm, enovix is enabling engineers and designers to deliver on the promise of an extraordinary mobile future for global consumers.
Company profile
Ticker
ENVX
Exchange
Website
CEO
Raj Talluri
Employees
Location
Fiscal year end
Industry (SIC)
Former names
Rodgers Silicon Valley Acquisition Corp
SEC CIK
Corporate docs
Subsidiaries
Enovix Operations Inc. • Enovix HoldCo Limited • Enovix OpCo Limited • Enovix India Holdco LLC • Enovix Malaysia Private Limited • Enovix International Holdco LLC • Enovix Research and • Routejade Inc. ...
IRS number
853174357
ENVX stock data
Latest filings (excl ownership)
10-K
2023 FY
Annual report
28 Feb 24
8-K
Enovix Announces Fourth Quarter and Full Year 2023 Financial Results
20 Feb 24
424B7
Prospectus with selling stockholder info
7 Dec 23
EFFECT
Notice of effectiveness
5 Dec 23
CORRESP
Correspondence with SEC
1 Dec 23
S-3/A
Shelf registration (amended)
28 Nov 23
CORRESP
Correspondence with SEC
28 Nov 23
UPLOAD
Letter from SEC
20 Nov 23
S-3
Shelf registration
13 Nov 23
10-Q
2023 Q3
Quarterly report
9 Nov 23
Transcripts
ENVX
Earnings call transcript
2023 Q4
20 Feb 24
ENVX
Earnings call transcript
2023 Q3
7 Nov 23
ENVX
Earnings call transcript
2023 Q2
26 Jul 23
ENVX
Earnings call transcript
2023 Q1
26 Apr 23
ENVX
Earnings call transcript
2022 Q4
22 Feb 23
ENVX
Earnings call transcript
2022 Q3
1 Nov 22
ENVX
Earnings call transcript
2022 Q2
11 Aug 22
ENVX
Earnings call transcript
2022 Q1
12 May 22
ENVX
Earnings call transcript
2021 Q4
4 Mar 22
ENVX
Earnings call transcript
2021 Q3
9 Nov 21
Latest ownership filings
4
Thurman J Rodgers
25 Mar 24
4
Rajendra K Talluri
20 Mar 24
4
Ajay Marathe
15 Mar 24
4
Rajendra K Talluri
21 Feb 24
4
Ajay Marathe
15 Feb 24
SC 13G/A
Park West Asset Management LLC
14 Feb 24
SC 13G/A
VANGUARD GROUP INC
13 Feb 24
SC 13G
BlackRock Inc.
29 Jan 24
4
Rajendra K Talluri
22 Jan 24
4
Ajay Marathe
16 Jan 24
Financial summary
Quarter (USD) | Oct 23 | Jul 23 | Apr 23 | Jan 23 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Jan 23 | Jan 22 | Dec 20 | |
---|---|---|---|---|
Revenue | ||||
Cost of revenue | ||||
Operating income | ||||
Operating margin | ||||
Net income | ||||
Net profit margin | ||||
Cash on hand | ||||
Change in cash | ||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 270.94 mm | 270.94 mm | 270.94 mm | 270.94 mm | 270.94 mm | 270.94 mm |
Cash burn (monthly) | 24.11 mm | 6.52 mm | 16.79 mm | 17.55 mm | 9.42 mm | 8.27 mm |
Cash used (since last report) | 143.27 mm | 38.72 mm | 99.79 mm | 104.30 mm | 55.94 mm | 49.14 mm |
Cash remaining | 127.67 mm | 232.23 mm | 171.15 mm | 166.65 mm | 215.00 mm | 221.80 mm |
Runway (months of cash) | 5.3 | 35.6 | 10.2 | 9.5 | 22.8 | 26.8 |
Institutional ownership, Q3 2023
69.1% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 280 |
Opened positions | 56 |
Closed positions | 41 |
Increased positions | 105 |
Reduced positions | 71 |
13F shares | Current |
---|---|
Total value | 1.01 tn |
Total shares | 116.47 mm |
Total puts | 6.55 mm |
Total calls | 17.21 mm |
Total put/call ratio | 0.4 |
Largest owners | Shares | Value |
---|---|---|
Rodgers Thurman J | 24.95 mm | $0.00 |
Vanguard | 12.42 mm | $155.81 bn |
BLK Blackrock | 9.10 mm | $114.16 bn |
Eclipse GP III | 7.58 mm | $0.00 |
Park West Asset Management | 3.80 mm | $47.73 bn |
Driehaus Capital Management | 3.47 mm | $43.59 bn |
Geode Capital Management | 2.82 mm | $35.37 bn |
STT State Street | 2.80 mm | $35.10 bn |
Electron Capital Partners | 2.70 mm | $33.87 bn |
Handelsbanken Fonder AB | 2.62 mm | $32.91 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
18 Mar 24 | Rajendra K Talluri | Common Stock | Payment of exercise | Dispose F | No | No | 7.33 | 11,894 | 87.18 k | 1,806,702 |
14 Mar 24 | Ajay Marathe | Common Stock | Payment of exercise | Dispose F | No | No | 7.76 | 4,951 | 38.42 k | 747,062 |
14 Feb 24 | Ajay Marathe | Common Stock | Payment of exercise | Dispose F | No | No | 11.73 | 5,539 | 64.97 k | 752,013 |
18 Jan 24 | Rajendra K Talluri | Common Stock | Payment of exercise | Dispose F | No | No | 9.6 | 187,884 | 1.80 mm | 1,831,017 |
14 Jan 24 | Ajay Marathe | Common Stock | Payment of exercise | Dispose F | No | No | 10.96 | 5,686 | 62.32 k | 757,552 |
News
Looking Into Enovix's Recent Short Interest
5 Mar 24
EF Hutton Reiterates Buy on Enovix, Maintains $24 Price Target
21 Feb 24
What's Going On With Enovix Stock Wednesday?
21 Feb 24
Cantor Fitzgerald Reiterates Overweight on Enovix, Maintains $30 Price Target
21 Feb 24
Canaccord Genuity Reiterates Buy on Enovix, Maintains $17 Price Target
21 Feb 24
Press releases
Enovix Awarded 15-Year Pioneer Status from Malaysian Investment Development Authority for its High-Volume Manufacturing Facility
27 Mar 24
Enovix to Present at J.P. Morgan Industrials Conference
4 Mar 24
Enovix Announces Fourth Quarter and Full Year 2023 Financial Results
20 Feb 24
Enovix to Release Fourth Quarter and Full Year 2023 Financial Results on February 20, 2024
30 Jan 24
Enovix and Group14 Announce Collaboration to Develop Best-in-Class Silicon Batteries
8 Jan 24