Microvast . Quarterly Income Statements Chart
Quarterly
|
Annual
Microvast . Quarterly Income Statements Table
Quarterly
|
Annual
| Unit: USD | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| revenues | 116,491,000 | 113,387,000 | 101,388,000 | 83,675,000 | 81,351,000 | 104,575,000 | 80,116,000 | 74,953,000 | 46,973,000 | 64,797,000 | 38,616,000 | 64,414,000 | 36,668,000 |
| yoy | 43.20% | 8.43% | 26.55% | 11.64% | 73.19% | 61.39% | 107.47% | 16.36% | 28.10% | ||||
| qoq | 2.74% | 11.83% | 21.17% | 2.86% | -22.21% | 30.53% | 6.89% | 59.57% | -27.51% | 67.80% | -40.05% | 75.67% | |
| cost of revenues | -73,475,000 | -71,867,000 | -67,776,000 | -56,480,000 | -64,126,000 | -81,551,000 | -62,232,000 | -63,492,000 | -42,115,000 | -62,571,000 | -36,623,000 | -59,573,000 | -36,655,000 |
| gross profit | 43,016,000 | 41,520,000 | 33,612,000 | 27,195,000 | 17,225,000 | 8,550,750 | 17,884,000 | 11,461,000 | 4,858,000 | ||||
| yoy | 149.73% | 385.57% | 87.94% | 137.28% | 254.57% | ||||||||
| qoq | 3.60% | 23.53% | 23.60% | 57.88% | 101.44% | -52.19% | 56.04% | 135.92% | |||||
| gross margin % | 36.93% | 36.62% | 33.15% | 32.50% | 21.17% | 8.18% | 22.32% | 15.29% | 10.34% | 0% | 0% | 0% | 0% |
| operating expenses: | |||||||||||||
| general and administrative expenses | -10,453,000 | -22,340,000 | -11,841,000 | -23,511,000 | -23,794,000 | -27,944,000 | -25,402,000 | -23,560,000 | -20,385,000 | -21,551,000 | -22,585,000 | -34,335,000 | -26,101,000 |
| research and development expenses | -8,248,000 | -8,774,000 | -10,692,000 | -10,107,000 | -11,492,000 | -11,395,000 | -13,241,000 | -9,507,000 | -10,861,000 | -10,498,000 | -11,457,000 | -10,244,000 | -11,309,000 |
| selling and marketing expenses | -6,799,000 | -6,996,000 | -4,963,000 | -5,026,000 | -5,591,000 | -6,698,000 | -6,031,000 | -5,897,000 | -4,988,000 | -5,242,000 | -5,561,000 | -5,810,000 | -5,998,000 |
| total operating expenses | -25,500,000 | -66,359,000 | -27,508,000 | -103,556,000 | -40,877,000 | -46,037,000 | -44,674,000 | -38,964,000 | -36,234,000 | -37,291,000 | -39,603,000 | -50,389,000 | -43,408,000 |
| subsidy income | 1,416,000 | 307,000 | 1,082,000 | 735,000 | 534,000 | 797,000 | 442,000 | 637,000 | 77,000 | 439,000 | 520,000 | 576,000 | 137,000 |
| profit/(loss) from operations | 18,932,000 | -22,889,500 | 7,186,000 | ||||||||||
| other income and expenses: | |||||||||||||
| interest income | 177,000 | 191,000 | 186,000 | 246,000 | 119,000 | 128,000 | 582,000 | 1,518,000 | 1,381,000 | 1,575,000 | 870,000 | 420,000 | 314,000 |
| interest expense | -1,188,000 | -1,595,000 | -4,290,000 | -2,094,000 | -1,732,000 | -1,191,000 | -491,000 | -487,000 | -459,000 | -858,000 | -774,000 | -895,000 | -796,000 |
| changes in fair value of warrant liability and convertible loan | 43,160,000 | ||||||||||||
| gain on debt restructuring | 389,000 | ||||||||||||
| other income/(expense) | 320,000 | ||||||||||||
| profit/(loss) before benefit from income taxes | 61,790,000 | -22,504,750 | 13,247,000 | ||||||||||
| income tax expense | |||||||||||||
| net profit/ | 61,790,000 | -22,504,750 | 13,247,000 | ||||||||||
| less: net profit/(loss) attributable to noncontrolling interests | |||||||||||||
| net profit/(loss) attributable to microvast holdings, inc.'s stockholders | 61,790,000 | ||||||||||||
| net profit/(loss) per common share | |||||||||||||
| basic | 190 | -70 | 40 | ||||||||||
| diluted | 50 | -70 | 30 | ||||||||||
| weighted-average shares used for eps calculation | |||||||||||||
| basic | 323,430,721,000 | 320,545,388,000 | |||||||||||
| diluted | 374,425,026,000 | 367,031,181,000 | |||||||||||
| impairment loss of long-lived assets | -28,249,000 | -12,000 | -64,912,000 | ||||||||||
| changes in fair value of warrant and convertible loan | 310,000 | 2,766,000 | -1,568,000 | ||||||||||
| other income | -7,708,000 | 7,399,000 | 601,000 | -136,000 | -1,386,000 | 127,000 | -243,000 | 789,000 | 186,000 | 349,000 | 10,000 | ||
| less: net income attributable to noncontrolling interests | -5,250 | -42,000 | 11,000 | 10,000 | |||||||||
| net profit/(loss) attributable to microvast holdings, inc.'s shareholders | -22,504,750 | 13,247,000 | |||||||||||
| income from operations | -75,626,000 | -23,118,000 | -22,216,000 | -26,348,000 | -26,866,000 | -31,299,000 | -34,626,000 | -37,090,000 | -44,972,000 | -43,258,000 | |||
| yoy | 181.49% | -26.14% | -35.84% | -28.96% | -40.26% | -27.65% | |||||||
| qoq | 227.13% | 4.06% | -15.68% | -1.93% | -14.16% | -9.61% | -6.64% | -17.53% | 3.96% | ||||
| operating margin % | 0% | 0% | 0% | -90.38% | -28.42% | -21.24% | -32.89% | -35.84% | -66.63% | -53.44% | -96.05% | -69.82% | -117.97% |
| income before benefit from income taxes | -78,441,000 | -24,825,000 | -20,455,250 | -26,172,000 | -26,078,000 | -29,571,000 | -31,125,500 | -36,544,000 | -44,182,000 | -43,776,000 | |||
| net income | -78,441,000 | -24,825,000 | -24,591,000 | -26,172,000 | -26,078,000 | -29,571,000 | -33,698,000 | -36,544,000 | -44,182,000 | -43,776,000 | |||
| yoy | 200.79% | -16.05% | -27.03% | -28.38% | -40.98% | -32.45% | |||||||
| qoq | 215.98% | 0.95% | -6.04% | 0.36% | -11.81% | -12.25% | -7.79% | -17.29% | 0.93% | ||||
| net income margin % | 0% | 0% | 0% | -93.74% | -30.52% | -23.52% | -32.67% | -34.79% | -62.95% | -52.01% | -94.63% | -68.59% | -119.38% |
| net income attributable to microvast holdings, inc.'s shareholders | -78,441,000 | -24,825,000 | -20,450,000 | -26,130,000 | -26,089,000 | -29,581,000 | |||||||
| net income per common share | |||||||||||||
| basic and diluted | -250 | -80 | 259.66 | -80 | -80 | -100 | -0.11 | -0.12 | -0.15 | -0.15 | |||
| weighted-average shares used for eps calculation | |||||||||||||
| basic and diluted | 318,462,843 | 315,509,552,000 | 315,367,121,000 | 310,909,379 | 313,108,457,000 | 307,742,032,000 | 307,714,841,000 | 303,279,188 | 305,977,372 | 300,565,515 | 298,843,016 | ||
| changes in fair value of warrant liability | 42,000 | -6,250 | -42,000 | 17,000 | |||||||||
| gross (loss)/profit | 1,711,750 | 1,993,000 | 4,841,000 | 13,000 | |||||||||
| loss on changes in fair value of convertible notes | |||||||||||||
| gain on changes in fair value of warrant liability | 58,000 | 101,000 | 1,255,000 | ||||||||||
| less: accretion of series c1 preferred | |||||||||||||
| less: accretion of series c2 preferred | |||||||||||||
| less: accretion of series d1 preferred | |||||||||||||
| less: accretion for noncontrolling interests | |||||||||||||
| net income attributable to common stock shareholders of microvast holdings, inc. | -33,698,000 | -36,544,000 | -44,182,000 | -43,776,000 | |||||||||
| net income per share | |||||||||||||
| basic and diluted | -250 | -80 | 259.66 | -80 | -80 | -100 | -0.11 | -0.12 | -0.15 | -0.15 | |||
| loss on changes in fair value of warrant liability | -435,000 | ||||||||||||
| other (expense)/ income | 399,000 |
We provide you with 20 years income statements for Microvast . stock, allowing you to gain comprehensive visibility into the fundamentals of the company. Our detailed breakdowns include key financial metrics such as earnings, sales and marketing expenses, research and development costs, profits, and profit margins. This in-depth information is essential for making informed investment decisions and understanding the financial health and performance of Microvast . stock. Explore the full financial landscape of Microvast . stock with our expertly curated income statements.
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