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KULR Technology Group (KULR)
:KULR
Earnings Data
Report Date
Aug 18, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
-0.02Last Year’s EPS
-0.03Same Quarter Last Year
Moderate Buy
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 15, 2025
|% Change Since: -41.89%
|Next Earnings Date:Aug 18, 2025
Earnings Call Sentiment|Positive
The earnings call highlighted KULR's strong revenue growth, strategic Bitcoin holdings, facility expansion, and promising partnerships. However, challenges such as the decline in service revenue, decreased gross margin, and increased operating expenses were also noted. Overall, the highlights and strategic initiatives slightly outweigh the lowlights.Company Guidance
During the KULR Technology Group First Quarter 2025 Earnings Call, the company provided extensive guidance on its strategic initiatives and financial performance. CEO Michael Mo highlighted KULR's shift towards becoming a "Bitcoin first" treasury company, with the company holding 716 Bitcoins valued at $74 million as of May 10, 2025. They announced their involvement in strategic BTC mining opportunities and blockchain-secured supply chain initiatives. Revenue for Q1 2025 increased by 40% from the previous year to $2.4 million, with product revenue up 89% and service revenue down 8%. The company reported its first Bitcoin mining revenue of $250,000. KULR also emphasized its expansion in the battery and AI robotics sectors, doubling its production capacity with a new 31,000 square foot facility. Additionally, they are engaged in a $6.7 million grant from the Texas Space Commission for next-generation space battery systems. Partnerships, such as with German Bionic, are expanding KULR's reach into the exoskeleton market, projected to grow significantly. CFO Shawn Canter noted a gross margin of 8%, impacted by unexpected labor costs, and reiterated the company's strong financial position with no material debt and a cash balance of $24 million.Record-Breaking Revenue
Revenue was up 40% from the same quarter last year to $2.4 million. It's the highest trailing 12 months revenue KULR has ever generated and the third straight quarter of increasing that record.
Strong Bitcoin Holdings
KULR has amassed over 716 Bitcoins in its treasury, valued at about $74 million, establishing it as number 30 in the world's top public companies holding Bitcoin.
Expansion in Facility and Production Capacity
KULR expanded its facility footprint to approximately 31,000 square feet, doubling its battery production capacity and compressing development timelines from years to as little as 6 weeks.
Strategic Partnership and Grant
KULR received a $6.7 million grant from the Texas Space Commission to invest in next-generation space battery systems, establishing Texas as a global hub for space innovation.
Introduction of Exoskeleton Market
KULR announced its role as the exclusive technology and distribution partner for German Bionic's exoskeleton suit in North America, targeting various sectors facing labor shortages.
KULR Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
KULR Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 15, 2025 | $1.48 | $1.28 | -13.51% |
Mar 27, 2025 | $1.46 | $1.46 | 0.00% |
Nov 13, 2024 | $0.49 | $0.38 | -22.45% |
Aug 12, 2024 | $0.26 | $0.21 | -19.23% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does KULR Technology Group (KULR) report earnings?
KULR Technology Group (KULR) is schdueled to report earning on Aug 18, 2025, TBA Not Confirmed.
What is KULR Technology Group (KULR) earnings time?
KULR Technology Group (KULR) earnings time is at Aug 18, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is KULR EPS forecast?
KULR EPS forecast for the fiscal quarter 2025 (Q2) is -0.02.