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KULR Technology Group (KULR)
:KULR
Earnings Data
Report Date
May 19, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
-0.02Last Year’s EPS
-0.04Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 27, 2025
|% Change Since: -16.44%
|Next Earnings Date:May 19, 2025
Earnings Call Sentiment|Positive
The earnings call highlighted significant positive developments, such as record revenue, improved financial metrics, and customer and product expansion. However, challenges like a decline in product revenue and dependence on volatile Bitcoin holdings were also noted. Overall, the sentiment of the call was cautiously optimistic, with a focus on growth and strategic investments.Company Guidance
In the KULR Technology Group's fourth-quarter and full-year 2024 earnings call, the company reported a record revenue of $3.37 million for Q4, marking a 44% increase from Q4 2023. Operating loss decreased by 29% year-over-year, and gross margin rose significantly to 64% from 29% in the prior year. The number of product sales customers increased by 35% to 53, while service revenue customers doubled to 34 in 2024. KULR ended 2024 with $30 million in cash and $20 million in Bitcoin holdings, which increased to over $80 million in combined cash and Bitcoin holdings by March 2025. The company announced plans to double its revenue in 2025, expand its headquarters in Webster, Texas, and emphasized its strategic focus on AI, robotics, and energy management. Additionally, KULR highlighted its milestone of achieving AS9100 certification and its commitment to the Bitcoin treasury strategy, with holdings now at 668 Bitcoins.Record-Breaking Revenue and Growth
KULR closed Q4 2024 with record revenue of $3.37 million, up 44% from Q4 2023. Full-year 2024 revenue reached $10.7 million, a 9% increase from 2023, marking another record year.
Improved Financial Metrics
Gross margin rose to 64% in Q4 2024, compared to 29% in Q4 2023. Operating loss decreased by 29% year-over-year, and 2024 earnings per share improved by 55% over 2023.
Strong Balance Sheet
KULR ended 2024 with $30 million in cash and $20 million in Bitcoin Holdings. As of March 2025, cash and Bitcoin holdings exceeded $80 million, with no debt.
Customer and Product Expansion
The number of product sales customers increased by 35% to 53 in 2024, and service revenue customers doubled to 34. KULR signed its first two revenue-generating license agreements in 2024, contributing $2.7 million to revenue.
Facility and Certification Advancements
KULR expanded its headquarters in Webster, Texas, to over 31,000 square feet and received AS9100 certification for aerospace and defense quality standards.
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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
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KULR Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| 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% |
| May 15, 2024 | $0.47 | $0.37 | -21.28% |
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.
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FAQ
When does KULR Technology Group (KULR) report earnings?
KULR Technology Group (KULR) is schdueled to report earning on May 19, 2025, TBA Not Confirmed.
What is KULR Technology Group (KULR) earnings time?
KULR Technology Group (KULR) earnings time is at May 19, 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 (Q1) is -0.02.
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