Energy Vault is a Swiss-based, global energy storage company specializing in gravity and kinetic energy based, long-duration energy storage products.
Company profile
Ticker
NRGV
Exchange
Website
CEO
Robert Allen Piconi
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Novus Capital Corp II
SEC CIK
Corporate docs
Subsidiaries
Energy Vault, Inc. • Calistoga Resiliency Center, LLC • Cetus Energy LLC • Cross Trails Energy • Snyder Housing LLC • Energy Vault SA • Energy Vault Pty Ltd • Energy Vault Solutions UK Limited • Energy Vault Nantong Co., Ltd. ...
IRS number
853230987
NRGV stock data
Latest filings (excl ownership)
DEF 14A
Definitive proxy
9 Apr 24
ARS
2023 FY
Annual report to shareholders
9 Apr 24
8-K
Energy Vault Appoints Michael Beer as Chief Financial Officer
4 Apr 24
10-K
2023 FY
Annual report
12 Mar 24
8-K/A
Departure of Directors or Certain Officers
12 Mar 24
8-K
Energy Vault Reports Fourth Quarter and Full Year 2023 Financial Results
12 Mar 24
8-K
Regulation FD Disclosure
1 Feb 24
8-K
Energy Vault Appoints Australian Energy Sector Leader Stephanie Unwin to Its Board Of Directors
20 Dec 23
10-Q
2023 Q3
Quarterly report
7 Nov 23
8-K
Energy Vault Reports Third Quarter 2023 Financial Results
7 Nov 23
Transcripts
NRGV
Earnings call transcript
2023 Q4
12 Mar 24
NRGV
Earnings call transcript
2023 Q3
7 Nov 23
NRGV
Earnings call transcript
2023 Q2
8 Aug 23
NRGV
Earnings call transcript
2023 Q1
9 May 23
NRGV
Earnings call transcript
2022 Q4
7 Mar 23
NRGV
Earnings call transcript
2022 Q3
14 Nov 22
NRGV
Earnings call transcript
2022 Q2
8 Aug 22
NRGV
Earnings call transcript
2022 Q1
17 May 22
Latest ownership filings
4
Akshay Ladwa
16 Apr 24
144
Notice of proposed sale of securities
12 Apr 24
144
Notice of proposed sale of securities
20 Mar 24
4
Goncagul Icoren
20 Mar 24
4
Robert Piconi
20 Mar 24
4
Josh McMorrow
20 Mar 24
4
Marco Terruzzin
20 Mar 24
4
Christopher Wiese
20 Mar 24
4
Akshay Ladwa
20 Mar 24
4
Gaalen Johannes Cornelis Maria van
20 Mar 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | 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) | 132.22 mm | 132.22 mm | 132.22 mm | 132.22 mm | 132.22 mm | 132.22 mm |
Cash burn (monthly) | 10.94 mm | 11.88 mm | 7.08 mm | 9.02 mm | 8.08 mm | 7.63 mm |
Cash used (since last report) | 72.99 mm | 79.25 mm | 47.24 mm | 60.21 mm | 53.89 mm | 50.94 mm |
Cash remaining | 59.23 mm | 52.97 mm | 84.98 mm | 72.01 mm | 78.33 mm | 81.28 mm |
Runway (months of cash) | 5.4 | 4.5 | 12.0 | 8.0 | 9.7 | 10.6 |
Institutional ownership, Q3 2023
37.0% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 101 |
Opened positions | 12 |
Closed positions | 13 |
Increased positions | 32 |
Reduced positions | 26 |
13F shares | Current |
---|---|
Total value | 125.53 bn |
Total shares | 54.67 mm |
Total puts | 56.00 k |
Total calls | 1.15 mm |
Total put/call ratio | 0.0 |
Largest owners | Shares | Value |
---|---|---|
SB Investment Advisers | 18.54 mm | $47.27 bn |
SailingStone Capital Partners | 7.09 mm | $17.88 bn |
BLK Blackrock | 6.11 mm | $15.58 bn |
Helena Special Investments | 3.46 mm | $17.39 mm |
STT State Street | 2.67 mm | $6.81 bn |
IVZ Invesco | 2.53 mm | $6.46 bn |
Millennium Management | 1.83 mm | $4.65 bn |
Geode Capital Management | 1.78 mm | $4.54 bn |
Idealab Studio | 1.73 mm | $0.00 |
Vanguard | 1.47 mm | $3.74 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
12 Apr 24 | Akshay Ladwa | Common Stock | Sell | Dispose S | No | No | 1.19 | 4,791 | 5.70 k | 1,007,423 |
19 Mar 24 | Robert Piconi | Common Stock | Sell | Dispose S | No | No | 1.634 | 8,855 | 14.47 k | 14,101,994 |
19 Mar 24 | Josh McMorrow | Common Stock | Sell | Dispose S | No | No | 1.634 | 20,468 | 33.44 k | 595,188 |
19 Mar 24 | Christopher Wiese | Common Stock | Sell | Dispose S | No | No | 1.634 | 10,956 | 17.90 k | 731,378 |
19 Mar 24 | Laurence Alexander | Common Stock | Sell | Dispose S | No | No | 1.635 | 20,385 | 33.33 k | 897,123 |
News
12 Industrials Stocks Moving In Wednesday's Intraday Session
10 Apr 24
12 Industrials Stocks Moving In Monday's Intraday Session
8 Apr 24
12 Industrials Stocks Moving In Friday's After-Market Session
5 Apr 24
Energy Vault Appoints Michael Beer As Chief Financial Officer, Will Replace Jan Kees Van Gaalen Who Plans To Retire, Effective April 15, 2024
4 Apr 24
12 Industrials Stocks Moving In Tuesday's After-Market Session
26 Mar 24
Press releases
Energy Vault Schedules Inaugural Investor & Analyst Day for May 9, 2024; Schedules Release Date for First Quarter 2024 Financial Results
19 Apr 24
Energy Vault Appoints Michael Beer as Chief Financial Officer
4 Apr 24
Energy Vault Holdings, Inc. Announces Inducement Grants Under NYSE Listing Rule 303A.08
29 Mar 24
Energy Vault Reports Fourth Quarter and Full Year 2023 Financial Results
12 Mar 24
Energy Vault Announces China State Grid Interconnection of First EVx 100 MWh Gravity Energy Storage System, Groundbreaking of Three Additional EVx Gravity Storage Systems and Other China Market Expansion Milestones
29 Feb 24