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Microvast Inc. (MVST)

NASDAQ: MVST · Real-Time Price · USD

1.92

-0.10 (-4.95%)

At close: Apr 30, 2025, 3:59 PM

1.94

1.31%

After-hours: Apr 30, 2025, 07:55 PM EDT

Microvast Income Statement

Financials in USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018
Revenue	379.8M	306.62M	204.5M	151.98M	107.52M	76.43M	174.24M
Cost of Revenue	260.25M	249.39M	195.42M	194.72M	90.38M	76.67M	153.39M
Gross Profit	119.55M	57.23M	9.07M	-42.74M	17.14M	-231K	20.85M
Operating Income	-116.09M	-108.68M	-159.95M	-194.06M	-29.11M	-53.86M	-57.99M
Interest Income	742K	981K	3.18M	446K	571K	884K	n/a
Pretax Income	-195.46M	-106.4M	-158.17M	-206.48M	-33.62M	-59.47M	-54.27M
Net Income	-195.46M	-106.34M	-158.2M	-211.49M	-33.63M	-59.66M	-100.03M
Selling & General & Admin	104.06M	120.91M	127.18M	123.06M	32.61M	30.88M	46.39M
Research & Development	41.06M	45M	43.51M	34.38M	16.64M	26M	32.45M
Other Expenses	90.52M	n/a	-1.67M	-6.13M	-3M	-3.24M	n/a
Operating Expenses	235.64M	165.91M	169.02M	151.32M	46.25M	53.63M	73.14M
Interest Expense	9.71M	n/a	3.32M	5.41M	5.74M	6.35M	n/a
Selling & Marketing Expenses	22.58M	23.61M	22.61M	21.43M	13.76M	15.71M	13.4M
Cost & Expenses	495.89M	415.3M	364.44M	346.04M	136.63M	130.29M	226.53M
Income Tax Expense	n/a	10K	33K	5.01M	1K	189K	6.42M
Shares Outstanding (Basic)	318.46M	310.91M	303.28M	185.9M	99.03M	35.05M	617.88K
Shares Outstanding (Diluted)	318.46M	310.91M	303.28M	185.9M	99.03M	35.05M	617.88K
EPS (Basic)	-0.61	-0.34	-0.52	-1.14	-0.34	-1.7	-161.9
EPS (Diluted)	-0.61	-0.34	-0.52	-1.14	-0.34	-1.7	-161.9
EBITDA	-154.91M	-80.85M	-132.26M	-180.36M	-11.09M	-38.81M	-45.24M
EBIT	-185.75M	-103.77M	-154.84M	-201.07M	-27.89M	-53.12M	n/a
Depreciation & Amortization	30.83M	22.93M	22.58M	20.71M	16.79M	15.39M	12.75M