NASDAQ : MOVE
Corvex, Inc. — Financial statements
Technology · Software - Infrastructure · United States
Last price 6.56 USD (Oct 30, 2026, 1:48 PM EDT) · Market cap 206.98M
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Financial statements
Corvex, Inc. (MOVE) reported revenue of 11.11M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | |
|---|---|---|---|
| Revenue | 11.11M | 7.10M | |
| Cost of Revenue | 3.35M | 1.72M | |
| Gross Profit | 7.75M | 5.38M | |
| Selling, General & Admin | 21.23M | 9.41M | 25.73M |
| Research & Development | -254.00K | 1.34M | 732.00K |
| Operating Expenses | 28.37M | 15.15M | 26.47M |
| Operating Income | -20.61M | -9.77M | -26.47M |
| Other Non Operating Income (Expenses) | 385.00K | 312.00K | 276.00K |
| Pretax Income | -18.80M | -9.46M | -26.19M |
| Income Tax Expense | 80.00K | 60.00K | -324.00K |
| Net Income | -18.88M | -9.52M | -25.87M |
| Net Income to Common | -19.04M | -9.52M | -25.87M |
| Shares Outstanding (Basic) | 2.06M | 1.09M | |
| Shares Outstanding (Diluted) | 2.06M | 1.09M | |
| EPS (Basic) | -9.24 | -8.76 | |
| EPS (Diluted) | -9.24 | -8.76 | |
| Free Cash Flow | -13.79M | -5.15M | -109.12M |
| Free Cash Flow Per Share | -6.70 | -4.74 | |
| Gross Margin | 69.82% | 75.72% | |
| Operating Margin | -185.64% | -137.55% | |
| Profit Margin | -171.44% | -134.00% | |
| Free Cash Flow Margin | -124.22% | -72.53% | |
| EBITDA | -12.48M | -5.38M | |
| EBITDA Margin | -112.43% | -75.71% | |
| D&A For EBITDA | 8.13M | 4.39M | |
| EBIT | -20.61M | -9.77M | -26.47M |
| EBIT Margin | -185.64% | -137.55% | |
| Advertising Expenses | 166.00K |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | |
|---|---|---|---|
| Cash & Equivalents | 21.70M | 35.34M | 3.79M |
| Cash & Short-Term Investments | 21.70M | 35.34M | 3.79M |
| Receivables | 1.56M | 1.44M | |
| Prepaid Expenses | 5.00M | 492.00K | 86.00K |
| Total Current Assets | 28.26M | 37.28M | 3.88M |
| Property, Plant & Equipment | 36.66M | 30.29M | 18.67M |
| Long-Term Deferred Tax Assets | 54.00K | ||
| Total Assets | 599.32M | 67.57M | 22.60M |
| Accounts Payable | 3.87M | 865.00K | 816.00K |
| Accrued Expenses | 3.50M | 678.00K | 15.00K |
| Current Portion of Leases | 6.50M | 6.31M | |
| Current Unearned Revenue | 1.81M | 237.00K | |
| Total Current Liabilities | 15.68M | 8.09M | 831.00K |
| Long-Term Leases | 8.46M | 8.66M | |
| Other Long-Term Liabilities | 40.45M | 3.53M | |
| Total Liabilities | 26.07M | 57.20M | 4.36M |
| Additional Paid-In Capital | 180.28M | 5.74M | 4.10M |
| Retained Earnings | -184.16M | -13.83M | -4.31M |
| Total Common Equity | -3.88M | -8.08M | -207.00K |
| Shareholders' Equity | 573.25M | 10.37M | 18.24M |
| Total Liabilities & Equity | 599.32M | 67.57M | 22.60M |
| Total Debt | 14.96M | 14.97M | |
| Net Cash (Debt) | 6.73M | 20.37M | 3.79M |
| Net Cash Per Share | 3.27 | 18.75 | |
| Filing Date Shares Outstanding | 27.65M | 1.09M | 1.07M |
| Total Common Shares Outstanding | 2.06M | 1.09M | 1.07M |
| Working Capital | 12.58M | 29.19M | 3.05M |
| Book Value Per Share | -1.88 | -7.44 | -0.19 |
| Tangible Book Value | -538.25M | -8.08M | -207.00K |
| Tangible Book Value Per Share | -261.26 | -7.44 | -0.19 |
| Machinery | 32.81M | 30.94M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | |
|---|---|---|---|
| Net Income | -18.88M | -9.52M | -25.87M |
| Depreciation & Amortization | 8.13M | 4.39M | |
| Stock-Based Compensation | 12.13M | 1.64M | 24.62M |
| Provision & Write-off of Bad Debts | 25.00K | 25.00K | |
| Other Operating Activities | 2.11M | 813.00K | -324.00K |
| Change in Accounts Receivable | -1.69M | -1.47M | |
| Change in Accounts Payable | -1.16M | 568.00K | 96.00K |
| Change in Unearned Revenue | -343.00K | 237.00K | |
| Change in Other Net Operating Assets | -4.51M | -712.00K | -426.00K |
| Operating Cash Flow | -6.19M | -4.02M | -1.90M |
| Capital Expenditures | -7.61M | -1.13M | -107.23M |
| Investing Cash Flow | 28.66M | -1.13M | -107.23M |
| Long-Term Debt Repaid | -527.00K | ||
| Net Debt Issued (Repaid) | -2.36M | -527.00K | |
| Issuance of Common Stock | 28.00K | ||
| Other Financing Activities | 37.20M | 37.20M | |
| Financing Cash Flow | 33.74M | 36.70M | 131.88M |
| Net Cash Flow | 56.21M | 31.55M | 22.76M |
| Free Cash Flow | -13.79M | -5.15M | -109.12M |
| Free Cash Flow Margin | -124.22% | -72.53% | |
| Free Cash Flow Per Share | -6.70 | -4.74 | |
| Levered Free Cash Flow | -2.10M | ||
| Unlevered Free Cash Flow | -2.10M | ||
| Change in Working Capital | -7.31M | -1.38M | -330.00K |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | |
|---|---|---|---|
| Market Capitalization | 210.77M | 6.65M | 35.82M |
| Enterprise Value | 204.04M | 38.14M | |
| Last Close Price | 6.68 | 6.12 | 39.76 |
| PS Ratio | 18.98 | 0.94 | |
| PB Ratio | 0.37 | 0.64 | 1.96 |
| EV/Sales Ratio | 18.37 | 5.37 | |
| Debt / Equity Ratio | 0.03 | 1.45 | |
| Net Debt / Equity Ratio | -0.01 | -1.97 | -0.21 |
| Net Debt / EBITDA Ratio | 0.54 | 3.79 | |
| Net Debt / FCF Ratio | 0.49 | 3.96 | 0.04 |
| Asset Turnover | 0.16 | ||
| Quick Ratio | 1.48 | 4.55 | 4.56 |
| Current Ratio | 1.80 | 4.61 | 4.67 |
| Return on Equity (ROE) | -66.53% | ||
| Return on Assets (ROA) | -13.54% | ||
| Return on Capital Employed (ROCE) | -3.50% | -16.40% | -121.60% |
| Earnings Yield | -138.34% | -143.16% | -72.21% |
| FCF Yield | -6.55% | -77.48% | -304.63% |