FMP
Microvast Holdings, Inc.
MVST
NASDAQ
Microvast Holdings, Inc. designs, develops, and manufactures battery systems for electric vehicles and energy storage systems. The company offers a range of cell chemistries, such as lithium titanate oxide, lithium iron phosphate, and nickel manganese cobalt version 1 and 2.It also designs, develops, and manufactures battery components, such as cathode, anode, electrolyte, and separator. In addition, the company offers battery solutions for commercial vehicles and energy storage systems. Its commercial vehicle markets cover buses, trains, mining trucks, marine and port applications, and automated guided and specialty vehicles, as well as light, medium, heavy-duty trucks in the United States and internationally. The company was incorporated in 2006 and is based in Stafford, Texas.
2.03 USD
0.145 (7.16%)
MVST Financial Statements
Year
2024
2023
2022
2021
Total 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 Expenses
235.64M
165.91M
169.02M
151.32M
Research and Development
41.06M
45M
43.51M
34.38M
Selling, General & Administrative Expenses
104.06M
120.91M
127.18M
123.06M
Selling & Marketing Expenses
22.58M
23.61M
22.61M
21.43M
General & Administrative Expenses
81.49M
97.29M
104.57M
101.63M
Other Expenses
90.52M
0
-1.67M
-6.13M
Operating Income
-116.09M
-108.68M
-159.95M
-194.06M
Total Other Income/Expenses Net
-79.37M
2.28M
1.78M
-12.42M
Income Before Tax
-195.46M
-106.4M
-158.17M
-206.48M
Income Tax
0
10k
33k
5.01M
Net Income
-195.46M
-106.34M
-158.2M
-211.49M
Basic EPS
-0.61
-0.34
-0.52
-1.14
EPS Diluted
-0.61
-0.34
-0.52
-1.14
Basic Average Shares
318.46M
310.91M
303.28M
185.9M
Diluted Average Shares
318.46M
310.91M
303.28M
185.9M
EBITDA
-154.91M
-80.85M
-132.26M
-180.36M
Retained Earning Schedule
Year
2024
2023
2022
2021
Retained Earnings (Previous Year)
0
-791.16M
-632.1M
-398M
Net Income
-195.46M
-106.34M
-158.2M
-211.49M
Stock Repurchases
0
0
0
0
Dividend Paid
0
0
0
0
Retained Earnings
0
0
-791.16M
-632.1M
Other Distributions
0
791.16M
-159.07M
-234.1M
PPE Schedule
Year
2024
2023
2022
2021
Gross PPE
495.82M
640.17M
351.51M
253.06M
Annual Depreciation
30.83M
22.93M
22.58M
20.71M
Capital Expenditure
-27.72M
-186.79M
-150.88M
-87.86M
Net PPE
492.71M
804.03M
479.81M
320.21M
Intangible and Goodwill Schedule
Year
2024
2023
2022
2021
Acquisitions and Adjustments
0
0
0
0
Goodwill (Previous Year)
0
0
0
0
Goodwill
0
0
0
0
All figures are in USD.
