Event-Driven Stocks

Enovix Corp

ENVXNasdaq

Technology · Miscellaneous Electrical Machinery, Equipment & Supplies · SEC filings ↗ · Compare ⊕

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Signs2 good3 warning2 severedetails ↓

Financials

SEC XBRL · annual
 FY25FY24FY23FY22FY20
Revenue$31.8M$23.1M$7.6M$0$0
Operating income−$177.3M−$242.7M−$230.3M−$69.5M−$23.5M
Net income−$156.7M−$222.2M−$214.1M−$125.9M−$39.6M
Total assets$879.0M$527.2M$564.3M$482.6M$65.0M
Total liabilities$605.0M$277.8M$303.2M$156.4M$28.7M
Equity$271.2M$246.7M$258.1M$326.1M$36.2M
EPS (diluted)$-0.75$-1.19$-1.30$-1.07$-0.49
Shares out.191.3M168.5M157.8M156.5M100.0M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2025
Operating margin
−557.0%
Net margin
−492.6%
Return on equity
−57.8%
Return on assets
−17.8%
Return on capital (ROCE)
−21.8%
Liabilities / assets
68.8%
Debt / equity
2.23×
Book value / share
$1.42
Revenue growth (YoY)
37.9%
Net income growth (YoY)

Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.

Financial health

forensic scores · FY2025
Altman Z″ (distress)
-0.95distress
Accruals / assets
7.0%clean
Piotroski F-Score
4/9mixed

Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.

Quality score

EDS Score
57
/ 100
Profitability 0Growth 100Catalyst 67Earnings quality 67Financial strength 50

Our own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast. What these scores mean →

Signs

2 severe3 warning2 good
  • Altman Z″ in the distress zone
  • Filed a late-filing notice (Form NT) — missed an SEC deadline
  • Operating losses (negative operating margin)
  • Reported a net loss
  • Negative operating cash flow
  • Revenue is growing year-over-year
  • Clean earnings (low accruals)

Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.

Risk flags

late SEC filings

A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.

5%+ owners

SEC Schedule 13D / 13G · last 3 yrs

Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.

Short interest

FINRA · bi-monthly
SettlementShares shortDays to coverΔ vs prior
May 15, 202650.7M6.5-4.2%
Apr 30, 202652.9M10.2-3.0%
Apr 15, 202654.6M9.3-1.0%
Mar 31, 202655.1M10.1-5.4%
Mar 13, 202658.2M9.4-1.1%

Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.

Material events

SEC Form 8-K · most recent

Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.

Recent SEC filings

All filings ↗

Event-driven situations (3)

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