NewHold Investment Corp. II (NHICU) Financials

$10.08 -0.02 (-0.20%)

As of 05/2/2025 03:44 PM Eastern

Annual Income Statements for NewHold Investment Corp. II

This table shows NewHold Investment Corp. II's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2021	2022	2023	2024
Period end date	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	-11	-86	-106	-54
Consolidated Net Income / (Loss)	-11	-86	-106	-54
Net Income / (Loss) Continuing Operations	-11	-86	-106	-54
Total Pre-Tax Income	-11	-86	-106	-54
Total Operating Income	-55	-103	-88	-82
Total Gross Profit	4.03	1.73	34	59
Total Revenue	23	55	80	104
Operating Revenue	23	55	80	104
Total Cost of Revenue	19	53	47	45
Total Operating Expenses	59	104	122	142
Selling, General & Admin Expense	20	38	42	57
Marketing Expense	26	47	55	61
Research & Development Expense	11	19	24	23
Impairment Charge	1.87	1.16	0.32	0.22
Total Other Income / (Expense), net	44	16	-18	28
Interest Expense	19	0.71	1.28	0.00
Interest & Investment Income	0.00	3.17	6.23	2.94
Other Income / (Expense), net	63	14	-23	25
Income Tax Expense	-	0.00	0.05	0.00
Basic Earnings per Share	($0.15)	($0.60)	($0.71)	($0.34)
Weighted Average Basic Shares Outstanding	71.66M	143.86M	149.17M	156.57M
Diluted Earnings per Share	($0.15)	($0.60)	($0.71)	($0.34)
Weighted Average Diluted Shares Outstanding	71.66M	143.86M	149.17M	156.57M

This table shows NewHold Investment Corp. II's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024
Net Income / (Loss) Attributable to Common Shareholders	-19	-28	-29	-67	6.00	-17	-12	3.42
Consolidated Net Income / (Loss)	-19	-28	-29	-67	6.00	-17	-12	3.46
Net Income / (Loss) Continuing Operations	-19	-28	-29	-67	6.00	-17	-12	3.46
Total Pre-Tax Income	-19	-28	-29	-67	6.00	-17	-12	3.46
Total Operating Income	-27	-27	-22	-24	-20	-22	-22	-22
Total Gross Profit	0.23	0.05	4.77	7.41	11	10	12	14
Total Revenue	17	21	19	20	20	22	22	26
Operating Revenue	17	21	19	20	20	22	22	26
Total Cost of Revenue	16	21	14	12	8.80	12	9.90	11
Operating Cost of Revenue	-	-	-	12	-	-	-	11
Total Operating Expenses	27	27	27	31	32	32	34	37
Selling, General & Admin Expense	8.84	8.45	8.93	11	11	11	12	14
Marketing Expense	12	13	13	14	14	15	16	17
Research & Development Expense	5.62	4.82	5.39	6.40	6.41	6.26	6.21	5.72
Impairment Charge	0.63	0.12	0.14	0.16	0.03	-	0.00	0.00
Total Other Income / (Expense), net	7.99	-1.49	-6.12	-43	26	5.07	11	26
Interest Expense	0.19	0.22	1.28	0.00	0.00	-	0.00	0.00
Interest & Investment Income	1.05	1.55	0.95	1.85	1.79	1.63	1.09	0.68
Other Income / (Expense), net	7.12	-2.82	-5.79	-45	24	3.44	9.55	25
Basic Earnings per Share	($0.13)	($0.19)	($0.20)	($0.45)	$0.04	($0.10)	($0.08)	$0.02
Weighted Average Basic Shares Outstanding	144.12M	143.86M	146.43M	148.88M	150.21M	149.17M	153.08M	156.47M
Diluted Earnings per Share	($0.13)	($0.19)	($0.20)	($0.45)	$0.03	($0.09)	($0.08)	$0.02
Weighted Average Diluted Shares Outstanding	144.12M	143.86M	146.43M	148.88M	173.98M	149.17M	153.08M	171.56M
Weighted Average Basic & Diluted Shares Outstanding	144.62M	147.96M	148.43M	149.99M	151.13M	152.18M	156.09M	157.55M

This table details how cash moves in and out of NewHold Investment Corp. II's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2021	2022	2023	2024
Period end date	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Change in Cash & Equivalents	303	-78	-163	-30
Net Cash From Operating Activities	-57	-75	-9.80	-31
Net Cash From Continuing Operating Activities	-57	-75	-9.80	-31
Net Income / (Loss) Continuing Operations	-11	-86	-106	-54
Consolidated Net Income / (Loss)	-11	-86	-106	-54
Depreciation Expense	2.90	5.47	9.93	17
Amortization Expense	-	0.00	-0.58	0.45
Non-Cash Adjustments To Reconcile Net Income	-38	13	50	5.59
Changes in Operating Assets and Liabilities, net	-11	-6.29	37	-0.25
Net Cash From Investing Activities	-18	-24	-123	-1.40
Net Cash From Continuing Investing Activities	-18	-24	-123	-1.40
Purchase of Property, Plant & Equipment	-18	-24	-73	-37
Purchase of Investments	-	0.00	-90	-29
Sale of Property, Plant & Equipment	0.00	0.31	0.27	0.00
Sale and/or Maturity of Investments	-	0.00	39	65
Net Cash From Financing Activities	378	21	-30	1.81
Net Cash From Continuing Financing Activities	378	21	-30	1.81
Repayment of Debt	-5.78	-10	-32	0.00
Issuance of Debt	32	30	1.88	0.00
Other Financing Activities, net	86	0.83	0.67	1.81
Effect of Exchange Rate Changes	0.00	-0.01	-0.04	0.02
Cash Interest Paid	0.85	0.58	0.71	0.00

This table details how cash moves in and out of NewHold Investment Corp. II's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024
Net Change in Cash & Equivalents	-24	11	-48	-55	-26	-33	-23	-8.90
Net Cash From Operating Activities	-17	-5.31	-3.43	-5.32	2.10	-3.14	-16	-22
Net Cash From Continuing Operating Activities	-17	-5.31	-3.43	-5.32	2.10	-3.14	-16	-22
Net Income / (Loss) Continuing Operations	-19	-28	-29	-67	6.00	-17	-12	3.46
Consolidated Net Income / (Loss)	-19	-28	-29	-67	6.00	-17	-12	3.46
Depreciation Expense	1.43	1.68	1.82	2.27	2.69	3.15	3.47	3.97
Amortization Expense	-	-	0.00	-0.24	-0.24	-0.09	0.20	-0.02
Non-Cash Adjustments To Reconcile Net Income	-0.25	14	12	51	-18	4.92	-0.71	-15
Changes in Operating Assets and Liabilities, net	0.50	7.49	11	8.65	11	5.77	-7.41	-14
Net Cash From Investing Activities	-6.50	-4.70	-14	-50	-29	-30	-6.79	13
Net Cash From Continuing Investing Activities	-6.50	-4.70	-14	-50	-29	-30	-6.79	13
Purchase of Property, Plant & Equipment	-6.81	-4.70	-14	-21	-19	-19	-21	-3.04
Sale and/or Maturity of Investments	-	-	0.00	-	20	20	29	16
Net Cash From Financing Activities	-0.81	21	-30	0.31	0.27	0.05	0.30	0.33
Net Cash From Continuing Financing Activities	-0.81	21	-30	0.31	0.27	0.05	0.30	0.33
Other Financing Activities, net	0.19	0.26	0.03	0.31	0.27	0.05	0.30	0.33
Effect of Exchange Rate Changes	0.05	-0.05	-0.02	-0.02	0.03	-0.04	0.00	0.01

This table presents NewHold Investment Corp. II's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2021	2022	2023	2024
Period end date	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Total Assets	363	348	299	268
Total Current Assets	331	293	176	121
Cash & Equivalents	307	230	67	37
Restricted Cash	0.40	0.00	0.28	0.00
Short-Term Investments	-	0.00	51	15
Accounts Receivable	6.48	32	23	28
Inventories, net	2.89	10	9.51	17
Prepaid Expenses	11	14	17	18
Other Current Assets	3.10	6.24	8.05	6.23
Plant, Property, & Equipment, net	24	45	113	124
Total Noncurrent Assets	7.95	11	9.96	23
Other Noncurrent Operating Assets	7.95	11	9.96	23
Total Liabilities & Shareholders' Equity	363	348	299	268
Total Liabilities	73	121	152	150
Total Current Liabilities	24	59	82	97
Accounts Payable	6.05	18	17	10
Accrued Expenses	9.55	12	16	20
Current Deferred Revenue	6.73	18	48	65
Other Current Liabilities	0.00	1.11	1.39	2.20
Total Noncurrent Liabilities	48	62	70	54
Noncurrent Deferred Revenue	2.81	18	24	20
Other Noncurrent Operating Liabilities	38	25	47	33
Commitments & Contingencies	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	290	227	146	118
Total Preferred & Common Equity	290	227	146	118
Preferred Stock	0.00	0.00	0.00	0.00
Total Common Equity	290	227	146	118
Common Stock	396	419	445	472
Retained Earnings	-106	-192	-298	-355
Accumulated Other Comprehensive Income / (Loss)	0.00	-0.01	-0.05	-0.03

This table presents NewHold Investment Corp. II's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024
Period end date	9/30/2022	3/31/2023	6/30/2023	9/30/2023	3/31/2024	6/30/2024
Total Assets	326	306	308	306	282	269
Total Current Assets	275	235	216	202	142	138
Cash & Equivalents	218	181	126	100	45	36
Restricted Cash	0.40	1.00	1.00	1.00	0.00	0.00
Short-Term Investments	-	-	30	39	36	21
Accounts Receivable	21	23	32	30	22	36
Inventories, net	6.73	8.82	5.03	7.83	11	19
Prepaid Expenses	20	14	14	17	21	20
Other Current Assets	7.70	6.56	8.38	7.58	7.05	6.50
Plant, Property, & Equipment, net	41	60	81	94	129	120
Total Noncurrent Assets	10	11	11	11	10	11
Other Noncurrent Operating Assets	10	11	11	11	10	11
Total Liabilities & Shareholders' Equity	326	306	308	306	282	269
Total Liabilities	77	102	164	150	141	115
Total Current Liabilities	41	51	68	81	80	79
Accounts Payable	11	19	17	14	16	5.57
Accrued Expenses	8.88	6.48	11	12	14	16
Current Deferred Revenue	16	24	39	53	49	56
Other Current Liabilities	1.11	1.12	1.13	1.66	1.71	1.75
Total Noncurrent Liabilities	36	51	96	70	61	36
Noncurrent Deferred Revenue	9.23	21	21	19	23	24
Other Noncurrent Operating Liabilities	22	30	75	50	38	12
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	248	204	144	156	142	153
Total Preferred & Common Equity	248	204	144	156	142	153
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	248	204	144	156	142	153
Common Stock	412	425	432	438	452	460
Retained Earnings	-164	-221	-288	-282	-310	-307
Accumulated Other Comprehensive Income / (Loss)	0.04	-0.03	-0.04	-0.01	-0.05	-0.04

This table displays calculated financial ratios and metrics derived from NewHold Investment Corp. II's official financial filings.

Metric	2021	2022	2023	2024
Period end date	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Growth Metrics	-	-	-	-
Revenue Growth	388.88%	135.95%	45.70%	30.54%
EBITDA Growth	141.66%	-875.04%	-22.06%	62.30%
EBIT Growth	129.24%	-1,229.80%	-25.09%	49.57%
NOPAT Growth	-105.48%	-85.58%	13.94%	8.60%
Net Income Growth	60.25%	-693.59%	-22.97%	50.01%
EPS Growth	95.11%	-300.00%	-18.33%	52.78%
Operating Cash Flow Growth	-144.18%	-31.61%	86.88%	-214.79%
Free Cash Flow Firm Growth	0.00%	-293.50%	41.24%	-57.39%
Invested Capital Growth	-292.50%	450.38%	2.65%	158.55%
Revenue Q/Q Growth	0.00%	34.92%	1.18%	0.00%
EBITDA Q/Q Growth	0.00%	-67.54%	10.97%	0.00%
EBIT Q/Q Growth	0.00%	-63.03%	9.13%	0.00%
NOPAT Q/Q Growth	0.00%	-7.07%	5.27%	0.00%
Net Income Q/Q Growth	0.00%	-62.07%	9.70%	0.00%
EPS Q/Q Growth	0.00%	-123.81%	12.35%	0.00%
Operating Cash Flow Q/Q Growth	-19.74%	10.65%	18.09%	0.00%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	-46.05%	0.00%
Invested Capital Q/Q Growth	0.00%	-30.06%	72.36%	0.00%
Profitability Metrics	-	-	-	-
Gross Margin	17.22%	3.13%	42.07%	57.08%
EBITDA Margin	46.00%	-151.09%	-126.58%	-37.68%
Operating Margin	-236.25%	-185.82%	-109.75%	-79.24%
EBIT Margin	33.62%	-160.99%	-138.22%	-54.84%
Profit (Net Income) Margin	-46.54%	-156.55%	-132.13%	-52.01%
Tax Burden Percent	100.00%	100.00%	100.05%	100.00%
Interest Burden Percent	-138.44%	97.24%	95.55%	94.83%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	0.00%	-747.37%	-226.80%	-126.46%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	-741.51%	-198.91%	-130.67%
Return on Net Nonoperating Assets (RNNOA)	0.00%	713.96%	169.88%	85.19%
Return on Equity (ROE)	-7.74%	-33.41%	-56.93%	-41.27%
Cash Return on Invested Capital (CROIC)	0.00%	-395.58%	-229.42%	-214.90%
Operating Return on Assets (OROA)	4.09%	-25.00%	-34.37%	-20.16%
Return on Assets (ROA)	-5.66%	-24.31%	-32.85%	-19.11%
Return on Common Equity (ROCE)	-7.74%	-33.41%	-56.93%	-41.27%
Return on Equity Simple (ROE_SIMPLE)	-3.75%	-38.07%	-72.62%	-45.91%
Net Operating Profit after Tax (NOPAT)	-39	-72	-62	-58
NOPAT Margin	-165.38%	-130.07%	-76.83%	-55.47%
Net Nonoperating Expense Percent (NNEP)	19.51%	-5.87%	-27.90%	4.22%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-48.97%
Cost of Revenue to Revenue	82.78%	96.87%	57.93%	42.92%
SG&A Expenses to Revenue	84.94%	68.34%	52.34%	54.53%
R&D to Revenue	48.98%	34.01%	30.41%	22.57%
Operating Expenses to Revenue	253.47%	188.95%	151.82%	136.33%
Earnings before Interest and Taxes (EBIT)	7.87	-89	-111	-57
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	11	-83	-102	-39
Valuation Ratios	-	-	-	-
Price to Book Value (P/BV)	2.19	1.65	4.88	5.29
Price to Tangible Book Value (P/TBV)	2.19	1.65	4.88	5.29
Price to Revenue (P/Rev)	27.16	6.79	8.87	5.99
Price to Earnings (P/E)	0.00	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	0.00	6.49	21.55	8.68
Enterprise Value to Revenue (EV/Rev)	14.42	3.16	7.39	5.49
Enterprise Value to EBITDA (EV/EBITDA)	31.35	0.00	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	42.89	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-
Debt to Equity	0.03	0.13	0.00	0.00
Long-Term Debt to Equity	0.03	0.09	0.00	0.00
Financial Leverage	-1.01	-0.96	-0.85	-0.65
Leverage Ratio	1.37	1.37	1.73	2.16
Compound Leverage Factor	-1.89	1.34	1.66	2.05
Debt to Total Capital	3.31%	11.56%	0.00%	0.00%
Short-Term Debt to Total Capital	0.67%	3.90%	0.00%	0.00%
Long-Term Debt to Total Capital	2.65%	7.67%	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	96.69%	88.44%	100.00%	100.00%
Debt to EBITDA	0.92	-0.36	0.00	0.00
Net Debt to EBITDA	-27.69	2.40	0.00	0.00
Long-Term Debt to EBITDA	0.74	-0.24	0.00	0.00
Debt to NOPAT	-0.26	-0.41	0.00	0.00
Net Debt to NOPAT	7.70	2.79	0.00	0.00
Long-Term Debt to NOPAT	-0.21	-0.27	0.00	0.00
Altman Z-Score	5.99	1.20	0.83	0.43
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-
Current Ratio	13.61	4.95	2.14	1.26
Quick Ratio	12.90	4.43	1.72	0.83
Cash Flow Metrics	-	-	-	-
Free Cash Flow to Firm (FCFF)	-27	-106	-62	-98
Operating Cash Flow to CapEx	-322.89%	-312.92%	-13.54%	-82.68%
Free Cash Flow to Firm to Interest Expense	-1.44	-149.37	-48.82	0.00
Operating Cash Flow to Interest Expense	-3.03	-104.96	-7.66	0.00
Operating Cash Flow Less CapEx to Interest Expense	-3.97	-138.50	-64.22	0.00
Efficiency Ratios	-	-	-	-
Asset Turnover	0.12	0.16	0.25	0.37
Accounts Receivable Turnover	5.94	2.88	2.95	4.16
Inventory Turnover	8.65	8.13	4.71	3.26
Fixed Asset Turnover	1.38	1.61	1.02	0.88
Accounts Payable Turnover	3.69	4.41	2.62	3.20
Days Sales Outstanding (DSO)	61.46	126.96	123.75	87.75
Days Inventory Outstanding (DIO)	42.19	44.88	77.42	111.80
Days Payable Outstanding (DPO)	98.79	82.74	139.43	114.19
Cash Conversion Cycle (CCC)	4.86	89.10	61.74	85.35
Capital & Investment Metrics	-	-	-	-
Invested Capital	-7.67	27	28	66
Invested Capital Turnover	-12.69	5.75	2.95	2.28
Increase / (Decrease) in Invested Capital	-12	35	0.71	40
Enterprise Value (EV)	337	174	595	570
Market Capitalization	635	375	713	622
Book Value per Share	$2.04	$1.57	$0.97	$0.75
Tangible Book Value per Share	$2.04	$1.57	$0.97	$0.75
Total Capital	300	257	146	118
Total Debt	9.95	30	0.00	0.00
Total Long-Term Debt	7.95	20	0.00	0.00
Net Debt	-298	-200	-119	-52
Capital Expenditures (CapEx)	18	24	72	37
Debt-free, Cash-free Net Working Capital (DFCFNWC)	0.90	14	-25	-27
Debt-free Net Working Capital (DFNWC)	309	243	94	25
Net Working Capital (NWC)	307	233	94	25
Net Nonoperating Expense (NNE)	-28	15	44	-3.60
Net Nonoperating Obligations (NNO)	-298	-200	-119	-52
Total Depreciation and Amortization (D&A)	2.90	5.47	9.36	18
Debt-free, Cash-free Net Working Capital to Revenue	3.84%	24.78%	-31.00%	-26.19%
Debt-free Net Working Capital to Revenue	1,320.01%	441.09%	116.64%	23.82%
Net Working Capital to Revenue	1,311.46%	422.97%	116.64%	23.82%
Earnings Adjustments	-	-	-	-
Adjusted Basic Earnings per Share	($0.15)	$0.00	($0.71)	($0.34)
Adjusted Weighted Average Basic Shares Outstanding	71.66M	0.00	149.17M	156.57M
Adjusted Diluted Earnings per Share	($0.15)	$0.00	($0.71)	($0.34)
Adjusted Weighted Average Diluted Shares Outstanding	71.66M	0.00	149.17M	156.57M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	143.30M	0.00	152.18M	0.00
Normalized Net Operating Profit after Tax (NOPAT)	-37	-71	-62	-57
Normalized NOPAT Margin	-159.78%	-128.60%	-76.55%	-55.32%
Pre Tax Income Margin	-46.54%	-156.55%	-132.06%	-52.01%
Debt Service Ratios	-	-	-	-
EBIT to Interest Expense	0.42	-124.80	-86.84	0.00
NOPAT to Interest Expense	-2.06	-100.83	-48.27	0.00
EBIT Less CapEx to Interest Expense	-0.52	-158.34	-143.40	0.00
NOPAT Less CapEx to Interest Expense	-3.00	-134.37	-104.83	0.00
Payout Ratios	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	-313.48%	0.00%	0.00%	0.00%

This table displays calculated financial ratios and metrics derived from NewHold Investment Corp. II's official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024
Growth Metrics	-	-	-	-	-	-	-	-
Revenue Growth	96.23%	216.54%	113.33%	118.58%	22.15%	4.48%	16.61%	28.83%
EBITDA Growth	-179.11%	-593.33%	-109.37%	-168.95%	136.91%	44.87%	65.79%	110.11%
EBIT Growth	-188.67%	-727.99%	-106.03%	-163.69%	121.60%	37.68%	54.99%	104.05%
NOPAT Growth	3.82%	6.34%	5.75%	6.55%	-8.69%	18.30%	0.95%	-35.00%
Net Income Growth	-189.47%	-691.14%	-107.30%	-159.88%	132.23%	40.33%	59.30%	105.19%
EPS Growth	-192.86%	-106.48%	-100.00%	-150.00%	123.08%	52.63%	60.00%	104.44%
Operating Cash Flow Growth	30.27%	62.67%	88.33%	76.93%	112.39%	40.78%	-368.35%	-311.18%
Free Cash Flow Firm Growth	-150.40%	0.00%	-119.84%	-74.29%	102.39%	69.91%	-148.19%	-673.20%
Invested Capital Growth	211.13%	450.38%	35.66%	-145.73%	-58.35%	2.65%	172.72%	880.50%
Revenue Q/Q Growth	82.25%	26.35%	-11.03%	6.70%	1.85%	8.07%	-0.70%	17.87%
EBITDA Q/Q Growth	27.09%	-54.88%	5.31%	-151.55%	110.01%	-331.33%	41.24%	174.32%
EBIT Q/Q Growth	25.13%	-52.14%	4.57%	-142.58%	106.13%	-538.90%	31.08%	121.85%
NOPAT Q/Q Growth	-5.22%	-0.80%	16.12%	-5.05%	-22.38%	24.23%	-1.70%	-43.17%
Net Income Q/Q Growth	27.53%	-52.05%	-1.08%	-133.33%	108.99%	-381.55%	31.06%	129.73%
EPS Q/Q Growth	27.78%	-46.15%	-5.26%	-125.00%	106.67%	-400.00%	11.11%	125.00%
Operating Cash Flow Q/Q Growth	26.62%	68.65%	35.29%	-54.95%	139.41%	-249.88%	-411.71%	-36.04%
Free Cash Flow Firm Q/Q Growth	-202.84%	41.82%	59.71%	206.63%	-90.44%	-832.37%	-232.34%	-146.26%
Invested Capital Q/Q Growth	42.01%	-30.06%	-18.74%	-156.66%	229.34%	72.36%	115.89%	62.17%
Profitability Metrics	-	-	-	-	-	-	-	-
Gross Margin	1.36%	0.26%	25.64%	37.39%	56.41%	47.02%	54.33%	56.66%
EBITDA Margin	-109.18%	-133.84%	-142.44%	-335.82%	32.99%	-70.62%	-41.79%	26.35%
Operating Margin	-160.93%	-128.39%	-121.04%	-119.17%	-100.24%	-100.39%	-102.82%	-87.42%
EBIT Margin	-117.84%	-141.90%	-152.21%	-346.06%	20.84%	-84.64%	-58.75%	10.89%
Profit (Net Income) Margin	-112.61%	-135.52%	-153.97%	-336.72%	29.71%	-77.40%	-53.74%	13.56%
Tax Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%	100.30%	100.00%	100.00%
Interest Burden Percent	95.56%	95.51%	101.16%	97.30%	142.56%	91.17%	91.48%	124.49%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	-2,393.34%	-516.40%	-290.55%	-861.08%	-292.63%	-207.45%	-147.62%	-185.18%
ROIC Less NNEP Spread (ROIC-NNEP)	-2,393.34%	-512.57%	-284.78%	-835.31%	-307.62%	-206.48%	-150.61%	-209.39%
Return on Net Nonoperating Assets (RNNOA)	2,376.04%	493.53%	262.45%	804.96%	266.21%	176.34%	115.11%	150.05%
Return on Equity (ROE)	-17.30%	-22.87%	-28.10%	-56.12%	-26.42%	-31.11%	-32.51%	-35.13%
Cash Return on Invested Capital (CROIC)	0.00%	-395.58%	-403.57%	0.00%	-157.16%	-229.42%	-244.07%	-175.66%
Operating Return on Assets (OROA)	-13.61%	-22.03%	-30.50%	-81.87%	5.24%	-21.05%	-16.69%	3.37%
Return on Assets (ROA)	-13.01%	-21.04%	-30.85%	-79.65%	7.47%	-19.25%	-15.27%	4.20%
Return on Common Equity (ROCE)	-17.30%	-22.87%	-28.10%	-56.12%	-26.42%	-31.11%	-32.51%	-35.13%
Return on Equity Simple (ROE_SIMPLE)	-21.46%	0.00%	-49.65%	-98.70%	-75.37%	0.00%	-63.06%	-12.46%
Net Operating Profit after Tax (NOPAT)	-19	-19	-16	-17	-20	-15	-16	-22
NOPAT Margin	-112.65%	-89.87%	-84.73%	-83.42%	-100.24%	-70.27%	-71.97%	-87.42%
Net Nonoperating Expense Percent (NNEP)	0.00%	-3.83%	-5.77%	-25.77%	14.99%	-0.98%	2.99%	24.22%
Cost of Revenue to Revenue	98.64%	99.74%	74.36%	62.61%	43.59%	52.98%	45.67%	43.34%
SG&A Expenses to Revenue	53.47%	40.46%	48.04%	54.85%	55.83%	50.49%	54.64%	55.54%
R&D to Revenue	33.97%	23.10%	29.00%	32.26%	31.74%	28.70%	28.64%	22.40%
Operating Expenses to Revenue	162.29%	128.65%	146.69%	156.56%	156.65%	147.41%	157.14%	144.08%
Earnings before Interest and Taxes (EBIT)	-19	-30	-28	-69	4.21	-18	-13	2.78
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-18	-28	-26	-67	6.66	-15	-9.06	6.73
Valuation Ratios	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.23	1.65	2.26	6.18	4.67	4.88	4.78	2.60
Price to Tangible Book Value (P/TBV)	1.23	1.65	2.26	6.18	4.67	4.88	4.78	2.60
Price to Revenue (P/Rev)	7.47	6.79	7.10	11.75	9.17	8.87	8.11	4.46
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	2.49	6.49	12.80	0.00	36.78	21.55	10.01	3.54
Enterprise Value to Revenue (EV/Rev)	2.34	3.16	4.30	9.68	7.41	7.39	7.14	3.83
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-
Debt to Equity	0.04	0.13	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to Equity	0.02	0.09	0.00	0.00	0.00	0.00	0.00	0.00
Financial Leverage	-0.99	-0.96	-0.92	-0.96	-0.87	-0.85	-0.76	-0.72
Leverage Ratio	1.33	1.37	1.34	1.59	1.56	1.73	1.70	1.94
Compound Leverage Factor	1.27	1.31	1.36	1.54	2.23	1.58	1.56	2.41
Debt to Total Capital	3.48%	11.56%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Short-Term Debt to Total Capital	1.55%	3.90%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	1.93%	7.67%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	96.52%	88.44%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Debt to EBITDA	-0.18	-0.36	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt to EBITDA	4.22	2.40	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to EBITDA	-0.10	-0.24	0.00	0.00	0.00	0.00	0.00	0.00
Debt to NOPAT	-0.13	-0.41	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt to NOPAT	3.13	2.79	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to NOPAT	-0.07	-0.27	0.00	0.00	0.00	0.00	0.00	0.00
Altman Z-Score	2.46	1.76	2.34	2.04	2.40	1.85	1.76	1.10
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-
Current Ratio	6.70	4.95	4.63	3.17	2.50	2.14	1.77	1.74
Quick Ratio	5.85	4.43	4.02	2.75	2.09	1.72	1.29	1.17
Cash Flow Metrics	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-92	-53	-21	23	2.19	-16	-53	-131
Operating Cash Flow to CapEx	-260.48%	-112.84%	-24.46%	-25.74%	10.99%	-16.89%	-74.94%	-720.18%
Free Cash Flow to Firm to Interest Expense	-487.51	-239.14	-16.79	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	-90.03	-23.80	-2.68	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	-124.60	-44.89	-13.65	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-
Asset Turnover	0.12	0.16	0.20	0.24	0.25	0.25	0.28	0.31
Accounts Receivable Turnover	2.87	2.88	4.10	3.40	3.12	2.95	3.70	2.59
Inventory Turnover	7.77	8.13	7.44	11.48	7.67	4.71	4.31	3.50
Fixed Asset Turnover	1.40	1.61	1.53	1.31	1.18	1.02	0.88	0.89
Accounts Payable Turnover	4.07	4.41	4.99	4.81	4.46	2.62	2.45	3.68
Days Sales Outstanding (DSO)	127.27	126.96	89.04	107.29	117.07	123.75	98.75	140.77
Days Inventory Outstanding (DIO)	47.00	44.88	49.09	31.80	47.56	77.42	84.79	104.38
Days Payable Outstanding (DPO)	89.76	82.74	73.15	75.86	81.76	139.43	148.74	99.30
Cash Conversion Cycle (CCC)	84.51	89.10	64.98	63.24	82.87	61.74	34.80	145.85
Capital & Investment Metrics	-	-	-	-	-	-	-	-
Invested Capital	38	27	22	-12	16	28	60	97
Invested Capital Turnover	21.25	5.75	3.43	10.32	2.92	2.95	2.05	2.12
Increase / (Decrease) in Invested Capital	73	35	5.74	-39	-22	0.71	38	109
Enterprise Value (EV)	96	174	280	734	589	595	596	342
Market Capitalization	306	375	462	891	729	713	677	398
Book Value per Share	$1.72	$1.57	$1.38	$0.97	$1.04	$0.97	$0.93	$0.98
Tangible Book Value per Share	$1.72	$1.57	$1.38	$0.97	$1.04	$0.97	$0.93	$0.98
Total Capital	257	257	204	144	156	146	142	153
Total Debt	8.96	30	0.00	0.00	0.00	0.00	0.00	0.00
Total Long-Term Debt	4.96	20	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt	-210	-200	-182	-157	-140	-119	-81	-56
Capital Expenditures (CapEx)	6.50	4.70	14	21	19	19	21	3.04
Debt-free, Cash-free Net Working Capital (DFCFNWC)	19	14	2.18	-8.62	-19	-25	-19	2.04
Debt-free Net Working Capital (DFNWC)	238	243	184	148	121	94	62	58
Net Working Capital (NWC)	234	233	184	148	121	94	62	58
Net Nonoperating Expense (NNE)	-0.01	9.53	13	50	-26	1.56	-3.95	-26
Net Nonoperating Obligations (NNO)	-210	-200	-182	-157	-140	-119	-82	-56
Total Depreciation and Amortization (D&A)	1.43	1.68	1.82	2.03	2.45	3.06	3.67	3.95
Debt-free, Cash-free Net Working Capital to Revenue	46.15%	24.78%	3.34%	-11.36%	-23.98%	-31.00%	-22.91%	2.28%
Debt-free Net Working Capital to Revenue	581.25%	441.09%	283.05%	195.09%	152.29%	116.64%	74.10%	65.56%
Net Working Capital to Revenue	571.47%	422.97%	283.05%	195.09%	152.29%	116.64%	74.10%	65.56%
Earnings Adjustments	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	($0.19)	($0.20)	$0.00	$0.04	($0.10)	($0.08)	$0.02
Adjusted Weighted Average Basic Shares Outstanding	0.00	143.86M	146.43M	0.00	150.21M	149.17M	153.08M	156.47M
Adjusted Diluted Earnings per Share	$0.00	($0.19)	($0.20)	$0.00	$0.03	($0.09)	($0.08)	$0.02
Adjusted Weighted Average Diluted Shares Outstanding	0.00	143.86M	146.43M	0.00	173.98M	149.17M	153.08M	171.56M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	147.96M	148.43M	0.00	151.13M	152.18M	156.09M	157.55M
Normalized Net Operating Profit after Tax (NOPAT)	-18	-19	-16	-16	-14	-15	-16	-16
Normalized NOPAT Margin	-110.00%	-89.46%	-84.21%	-82.87%	-70.07%	-70.27%	-71.97%	-61.19%
Pre Tax Income Margin	-112.61%	-135.52%	-153.97%	-336.72%	29.71%	-77.17%	-53.74%	13.56%
Debt Service Ratios	-	-	-	-	-	-	-	-
EBIT to Interest Expense	-103.61	-132.89	-22.10	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	-99.05	-84.17	-12.30	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	-138.18	-153.98	-33.06	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	-133.61	-105.26	-23.27	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions About NewHold Investment Corp. II's Financials

When does NewHold Investment Corp. II's fiscal year end?

According to the most recent income statement we have on file, NewHold Investment Corp. II's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has NewHold Investment Corp. II's net income changed over the last 3 years?

NewHold Investment Corp. II's net income appears to be on an upward trend, with a most recent value of -$54.02 million in 2024, rising from -$10.89 million in 2021. The previous period was -$106.25 million in 2023.

What is NewHold Investment Corp. II's operating income?

NewHold Investment Corp. II's total operating income in 2024 was -$82.31 million, based on the following breakdown:

Total Gross Profit: $59.29 million
Total Operating Expenses: $141.60 million

How has NewHold Investment Corp. II revenue changed over the last 3 years?

Over the last 3 years, NewHold Investment Corp. II's total revenue changed from $23.39 million in 2021 to $103.87 million in 2024, a change of 344.0%.

How much debt does NewHold Investment Corp. II have?

NewHold Investment Corp. II's total liabilities were at $150.41 million at the end of 2024, a 1.3% decrease from 2023, and a 107.2% increase since 2021.

How much cash does NewHold Investment Corp. II have?

In the past 3 years, NewHold Investment Corp. II's cash and equivalents has ranged from $37.02 million in 2024 to $307.49 million in 2021, and is currently $37.02 million as of their latest financial filing in 2024.

How has NewHold Investment Corp. II's book value per share changed over the last 3 years?

Over the last 3 years, NewHold Investment Corp. II's book value per share changed from 2.04 in 2021 to 0.75 in 2024, a change of -63.4%.

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This page (OTCMKTS:NHICU) was last updated on 5/3/2025 by MarketBeat.com Staff

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NewHold Investment Corp. II (NHICU) Financials

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NewHold Investment Corp. II (NHICU) Financials

Annual Income Statements for NewHold Investment Corp. II

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Quarterly Balance Sheets for NewHold Investment Corp. II

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Quarterly Metrics and Ratios for NewHold Investment Corp. II

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