Microvast Holdings, Inc. (MVST)

NASDAQ: MVST · Real-Time Price · USD

2.390

+0.190 (8.64%)

At close: May 12, 2025, 4:00 PM

2.550

+0.160 (6.69%)

After-hours: May 12, 2025, 5:51 PM EDT

Microvast Holdings Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2018 - 2019
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2018 - 2019
Revenue	379.8	306.62	204.5	151.98	107.52	Upgrade
Revenue Growth (YoY)	23.87%	49.94%	34.56%	41.35%	40.67%	Upgrade
Cost of Revenue	260.25	249.39	195.42	194.72	90.38	Upgrade
Gross Profit	119.55	57.23	9.07	-42.74	17.14	Upgrade
Selling, General & Admin	104.06	120.4	125.39	123.06	32.61	Upgrade
Research & Development	41.07	45	43.51	34.39	16.64	Upgrade
Operating Expenses	145.13	165.41	168.89	157.45	49.25	Upgrade
Operating Income	-25.58	-108.18	-159.82	-200.19	-32.11	Upgrade
Interest Expense	-9.71	-2.63	-3.32	-5.41	-5.74	Upgrade
Interest & Investment Income	0.74	3.61	3.18	0.45	0.57	Upgrade
Other Non Operating Income (Expenses)	-78.96	1.29	1.91	2.42	0.86	Upgrade
EBT Excluding Unusual Items	-113.5	-105.9	-158.06	-202.74	-36.42	Upgrade
Gain (Loss) on Sale of Assets	-0.84	-1.95	0.01	-0.01	-0.21	Upgrade
Asset Writedown	-93.17	-0.5	-1.8	-	-	Upgrade
Other Unusual Items	12.06	1.95	1.67	-3.73	3	Upgrade
Pretax Income	-195.46	-106.4	-158.17	-206.48	-33.62	Upgrade
Income Tax Expense	-	0.01	0.03	-	0	Upgrade
Earnings From Continuing Operations	-195.46	-106.41	-158.2	-206.48	-33.63	Upgrade
Minority Interest in Earnings	-	0.08	-	-	-	Upgrade
Net Income	-195.46	-106.34	-158.2	-206.48	-33.63	Upgrade
Preferred Dividends & Other Adjustments	-	0.08	-	27.62	47.34	Upgrade
Net Income to Common	-195.46	-106.41	-158.2	-234.1	-80.96	Upgrade
Shares Outstanding (Basic)	318	311	303	186	99	Upgrade
Shares Outstanding (Diluted)	318	311	303	186	99	Upgrade
Shares Change (YoY)	2.43%	2.52%	63.14%	87.72%	-	Upgrade
EPS (Basic)	-0.61	-0.34	-0.52	-1.26	-0.82	Upgrade
EPS (Diluted)	-0.61	-0.34	-0.52	-1.26	-0.82	Upgrade
Free Cash Flow	-24.91	-262.09	-204.81	-132.9	-3.09	Upgrade
Free Cash Flow Per Share	-0.08	-0.84	-0.68	-0.71	-0.03	Upgrade
Gross Margin	31.48%	18.66%	4.44%	-28.13%	15.94%	Upgrade
Operating Margin	-6.73%	-35.28%	-78.15%	-131.72%	-29.86%	Upgrade
Profit Margin	-51.46%	-34.71%	-77.36%	-154.04%	-75.30%	Upgrade
Free Cash Flow Margin	-6.56%	-85.48%	-100.15%	-87.45%	-2.87%	Upgrade
EBITDA	5.26	-85.25	-139.46	-179.48	-15.32	Upgrade
EBITDA Margin	1.38%	-27.80%	-68.19%	-118.10%	-14.24%	Upgrade
D&A For EBITDA	30.83	22.93	20.37	20.71	16.79	Upgrade
EBIT	-25.58	-108.18	-159.82	-200.19	-32.11	Upgrade
EBIT Margin	-6.73%	-35.28%	-78.15%	-131.72%	-29.86%	Upgrade

Updated Mar 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q