Microvast Inc.

NASDAQ: MVST · Real-Time Price · USD
2.73
-0.11 (-3.87%)
At close: Aug 15, 2025, 10:02 AM

Microvast Income Statement

Financials in USD. Fiscal year is January - December.
Fiscal Year FY 2024 FY 2023 FY 2022 FY 2021
Period Ending Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021
Revenue
379.8M 306.62M 204.5M 151.98M
Cost of Revenue
260.25M 249.39M 195.42M 194.72M
Gross Profit
119.55M 57.23M 9.07M -42.74M
Operating Income
-116.09M -108.68M -159.95M -194.06M
Interest Income
742K 981K 3.18M 446K
Pretax Income
-195.46M -106.4M -158.17M -206.48M
Net Income
-195.46M -106.34M -158.2M -216.01M
Selling & General & Admin
104.06M 120.91M 127.18M 123.06M
Research & Development
41.06M 45M 43.51M 34.38M
Other Expenses
90.52M -1.95M -1.67M -6.13M
Operating Expenses
235.64M 163.96M 169.02M 151.32M
Interest Expense
9.71M 2.63M 3.32M 5.41M
Selling & Marketing Expenses
22.58M 23.61M 22.61M 21.43M
Cost & Expenses
495.89M 415.3M 364.44M 353.49M
Income Tax Expense
n/a 10K 33K n/a
Shares Outstanding (Basic)
318.46M 310.91M 303.28M 185.9M
Shares Outstanding (Diluted)
318.46M 310.91M 303.28M 185.9M
EPS (Basic)
-0.61 -0.34 -0.52 -1.26
EPS (Diluted)
-0.61 -0.34 -0.52 -1.26
EBITDA
-154.91M -80.85M -132.26M -180.36M
EBIT
-185.75M -103.77M -154.84M -201.07M
Depreciation & Amortization
30.83M 22.93M 22.58M 20.71M