GOAI

MKT CAP:$119M

Eva Live, Inc.

Market Cap

$119M

Technology·Software - Infrastructure·🇺🇸 United States·NASDAQ

Technology·Software Infra·🇺🇸·NASDAQ

Stock Price

$3.72-$3.98 (-51.69%)

Apr 24, 2026

Company Details

Eva Live, Inc., a technology company, develops an automated and intelligent advertiser campaign management platform in the United States. The company offers Eva Platform that enables advertisers to buy advertising space on various digital c...

CEO

David Boulette

IPO Date

Jan 28, 2026

Website

evaxai.com

Key Metrics TTM

Revenue

$17M

+82.3% YoY

Net Income

$8M

EPS (Diluted)

$0.26

Free Cash Flow

-$456.5K

Revenue / Share

$0.54

Gross Margin

59.4%

Operating Margin

48.2%

Net Margin

47.7%

FCF Margin

-2.7%

P/S

7.0x

P/E

14.7x

Earnings Reports

Q1 2026

May 13, 2026

PENDING

FY 2025

Mar 16, 2026

$17M+82.6%EPS $0.26

Q4 2025

Mar 16, 2026

$4M+47.2%EPS $0.10

Q3 2025

Nov 10, 2025

$5M+147.9%EPS $0.06

Q2 2025

Aug 1, 2025

$4M+89.1%EPS $0.08

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q1 22	$493.3K	$163.3K	-$223.7K
Q2 22	$345.8K	-$255.2K	-$621.8K
Q3 22	$210.0K	$60.7K	-$299.5K
Q4 22	$301.8K	$127.1K	-$152.6K
Q1 23	$345.8K	$147.6K	-$108.1K
Q2 23	$1M	$676.7K	$480.5K
Q3 23	$2M	$720.2K	$490.0K
Q4 23	$2M	$998.1K	-$7M
Q2 24	$2M	$234.6K	-$353.9K
Q3 24	$2M	$1M	-$6M
Q4 24	$3M	$2M	$2M
Q1 25	$4M	$2M	-$2M
Q2 25	$4M	$3M	-$3M
Q3 25	$5M	$2M	$2M
Q4 25	$4M	$2M	$11M

Valuation

Quarter	P/S	P/E
Q1 22	—	—
Q2 22	—	—
Q3 22	—	—
Q4 22	689.5x	—
Q1 23	297.9x	—
Q2 23	185.4x	—
Q3 23	165.9x	—
Q4 23	137.3x	—
Q2 24	192.2x	—
Q3 24	79.4x	—
Q4 24	80.7x	—
Q1 25	11.7x	—
Q2 25	4.9x	60.4x
Q3 25	8.2x	15.3x
Q4 25	11.0x	23.1x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 22	-$738.7K	-$738.7K
Q2 22	$289.2K	$289.2K
Q3 22	-$218.0K	-$218.0K
Q4 22	$73.7K	$73.7K
Q1 23	-$12.4K	-$12.4K
Q2 23	-$2.4K	-$2.4K
Q3 23	$531.6K	$531.6K
Q4 23	-$93.0K	-$93.0K
Q2 24	-$906.1K	-$906.1K
Q3 24	-$449.0K	-$449.0K
Q4 24	-$781.5K	-$788.0K
Q1 25	$109.5K	$106.3K
Q2 25	-$107.2K	-$111.6K
Q3 25	-$267.8K	-$260.3K
Q4 25	-$183.5K	-$191.1K

Capital Expenditures

Quarter	CapEx
Q1 22	$0
Q2 22	$0
Q3 22	$0
Q4 22	$0
Q1 23	$0
Q2 23	$0
Q3 23	$0
Q4 23	$0
Q2 24	$0
Q3 24	$0
Q4 24	$6.5K
Q1 25	$3.2K
Q2 25	$4.4K
Q3 25	$7.6K
Q4 25	$7.6K

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 23	-29.9%	-36.7%
Q2 23	+212.2%	-38.1%
Q3 23	+709.2%	+137.3%
Q4 23	+646.4%	+1915.5%
Q2 24	+532.9%	+460.1%
Q3 24	+83.6%	+1151.1%
Q4 24	+72.0%	-19.7%
Q1 25	+63.4%	-37.9%
Q2 25	+89.1%	+166.3%
Q3 25	+147.9%	-59.3%
Q4 25	+47.2%	-789.0%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 22	$0	0.0%
Q2 22	$0	0.0%
Q3 22	$0	0.0%
Q4 22	$85.1K	28.2%
Q1 23	$0	0.0%
Q2 23	$0	0.0%
Q3 23	$0	0.0%
Q4 23	$7M	322.8%
Q2 24	$0	0.0%
Q3 24	$0	0.0%
Q4 24	$0	0.0%
Q1 25	$0	0.0%
Q2 25	$0	0.0%
Q3 25	$0	0.0%
Q4 25	$0	0.0%

OpEx Breakdown

Quarter	G&A	S&M
Q1 22	$331.9K	$687
Q2 22	$311.5K	$687
Q3 22	$305.0K	$687
Q4 22	$680.3K	—
Q1 23	$201.3K	—
Q2 23	$141.7K	—
Q3 23	$175.7K	—
Q4 23	$8M	—
Q2 24	$588.4K	—
Q3 24	$7M	—
Q1 25	$377.4K	—
Q2 25	$331.5K	—
Q3 25	$529.6K	—
Q4 25	$559.8K	—

Rule of 40

Quarter	Rev Growth %	EBITDA Margin %	Rule of 40
Q1 22	—	-34.3%	—
Q2 22	—	-164.1%	—
Q3 22	—	-116.7%	—
Q4 22	—	-183.3%	—
Q1 23	-29.9%	-15.5%	-45.4
Q2 23	212.2%	49.5%	261.8
Q3 23	709.2%	32.0%	741.2
Q4 23	646.4%	-305.3%	341.1
Q2 24	532.9%	-16.2%	516.7
Q3 24	83.6%	-278.1%	-194.5
Q4 24	72.0%	66.8%	138.8
Q1 25	63.4%	54.4%	117.8
Q2 25	89.1%	63.6%	152.7
Q3 25	147.9%	38.9%	186.8
Q4 25	47.2%	41.2%	88.4

Rule of 40

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$0	$68.9K	$68.9K
Q4 22	$38.5K	$0	$38.5K
Q1 23	$26.1K	$0	$26.1K
Q2 23	$23.7K	$0	$23.7K
Q3 23	$555.3K	$0	$555.3K
Q4 23	$472.5K	$0	$472.5K
Q1 24	$2M	$0	$2M
Q2 24	$1M	$0	$1M
Q3 24	$849.3K	$0	$849.3K
Q4 24	$76.4K	$0	$76.4K
Q1 25	$316.6K	$0	$316.6K
Q2 25	$261.1K	$0	$261.1K
Q3 25	$349.3K	$0	$349.3K
Q4 25	$202.5K	$0	$202.5K

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q1 22	115M	—	—
Q2 22	115M	+0.2%	—
Q3 22	116M	+0.5%	—
Q4 22	116M	+0.2%	—
Q1 23	116M	+0.0%	+0.9%
Q2 23	116M	-0.2%	+0.5%
Q3 23	116M	+0.2%	+0.2%
Q4 23	119M	+3.1%	+3.1%
Q2 24	123M	+3.1%	+6.2%
Q3 24	125M	+1.4%	+7.9%
Q4 24	124M	-0.6%	+7.1%
Q1 25	124M	0.0%	+3.9%
Q2 25	31M	-74.7%	-74.5%
Q3 25	31M	0.0%	-74.9%
Q4 25	31M	0.0%	-74.7%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q1 22	—	—
Q2 22	—	—
Q3 22	—	—
Q4 22	—	—
Q1 23	—	—
Q2 23	—	—
Q3 23	—	—
Q4 23	$750.9K	3
Q2 24	$729.5K	3
Q3 24	$660.8K	3
Q4 24	$974.4K	3
Q1 25	$1M	3
Q2 25	$1M	3
Q3 25	$2M	3
Q4 25	$1M	3

Revenue / Employee