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KULR Technology Group
(NYSE MKT:KULR)
KULR Technology Group (KULR) vs. SPDR S&P 500 ETF (SPY)
KULR Technology Group Business Overview & Revenue Model
KULR Technology Group Earnings Call Summary
KULR Technology Group Financial Statement Overview
| Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 10.74M | 9.83M | 3.99M | 2.41M | 623.97K |
| Gross Profit | 5.48M | 3.67M | 2.36M | 1.31M | 454.95K |
| EBITDA | -14.36M | -20.03M | -17.54M | -11.71M | -2.33M |
| Net Income | -17.52M | -23.69M | -20.59M | -11.92M | -3.35M |
Balance Sheet | |||||
| Total Assets | 62.93M | 10.86M | 23.63M | 19.23M | 9.21M |
| Cash, Cash Equivalents and Short-Term Investments | 29.83M | 1.19M | 10.33M | 14.86M | 8.88M |
| Total Debt | 1.85M | 352.19K | 321.60K | 825.50K | 2.48M |
| Total Liabilities | 5.50M | 13.05M | 13.13M | 2.87M | 3.09M |
| Stockholders Equity | 57.43M | -2.18M | 10.49M | 16.37M | 6.12M |
Cash Flow | |||||
| Free Cash Flow | -17.94M | -13.01M | -22.00M | -9.54M | -2.78M |
| Operating Cash Flow | -17.34M | -11.97M | -17.35M | -6.81M | -2.73M |
| Investing Cash Flow | -21.60M | -1.05M | -4.65M | -2.74M | -46.09K |
| Financing Cash Flow | 67.57M | 3.87M | 17.47M | 15.53M | 11.55M |
KULR Technology Group Technical Analysis
KULR Technology Group Risk Analysis
KULR Technology Group Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | $676.48M | 67.60 | 3.64% | 0.30% | -10.99% | -61.37% | |
62 Neutral | $35.05B | 6.90 | -11.57% | 2.06% | 6.28% | -15.90% | |
59 Neutral | $1.25B | ― | -56.81% | ― | 28.04% | 64.81% | |
51 Neutral | $281.67M | ― | -135.21% | ― | -41.76% | 5.56% | |
47 Neutral | $216.15M | ― | -67.89% | ― | 16.47% | 27.22% | |
45 Neutral | $341.48M | ― | -118.08% | ― | ― | ― |
KULR Technology Group Corporate Events
On July 8, 2025, KULR Technology Group borrowed $8 million under a Master Loan Agreement, marking the first advance against a revolving credit facility. This move is part of KULR’s strategy to enhance its Bitcoin Treasury, which saw an additional acquisition of approximately $10 million in bitcoin, totaling 1,021 BTC. The company reported a year-to-date BTC Yield of 291.2%, a key performance indicator used to assess the effectiveness of its bitcoin acquisition strategy. This strategic acquisition aligns with KULR’s commitment to allocate up to 90% of its surplus cash reserves to bitcoin, aiming to drive shareholder value through its Bitcoin Treasury Strategy.
The most recent analyst rating on (KULR) stock is a Buy with a $5.00 price target. To see the full list of analyst forecasts on KULR Technology Group stock, see the KULR Stock Forecast page.
On July 9, 2025, KULR Technology Group announced the deployment of 3,570 Bitmain S19 XP 140T Bitcoin mining machines in Asuncion, Paraguay, increasing its operational capacity to 750 petahash per second. This move highlights KULR’s dual strategy of mining and purchasing Bitcoin to enhance its holdings efficiently. The company aims to reach 1.25 exahash per second later this summer, reflecting its commitment to scaling operations and diversifying revenue through mining machine leasing and strategic partnerships.
The most recent analyst rating on (KULR) stock is a Buy with a $5.00 price target. To see the full list of analyst forecasts on KULR Technology Group stock, see the KULR Stock Forecast page.
On July 1, 2025, KULR Technology Group entered into a Master Loan Agreement with Coinbase Credit, establishing a $20 million credit facility. This facility, secured by KULR’s Bitcoin holdings, aims to support the company’s strategic Bitcoin accumulation goals, providing non-dilutive capital at competitive rates. This move underscores KULR’s commitment to diversifying funding sources and enhancing shareholder value, while positioning itself as a leader in integrating Bitcoin into corporate treasury strategies.
The most recent analyst rating on (KULR) stock is a Buy with a $5.00 price target. To see the full list of analyst forecasts on KULR Technology Group stock, see the KULR Stock Forecast page.
On June 12, 2025, KULR Technology Group announced a 1-for-8 reverse stock split of its common stock, effective June 23, 2025. This strategic move aims to optimize market dynamics, broaden investor appeal, and align with institutional buying parameters, particularly ahead of the Russell 3000® Index reconstitution. The reverse stock split will reduce the number of outstanding shares from approximately 300 million to less than 40 million, without changing the par value or authorized number of shares. KULR’s CEO highlighted the potential benefits of higher share prices for institutional portfolio inclusion and long-term shareholder value.
The most recent analyst rating on (KULR) stock is a Buy with a $5.00 price target. To see the full list of analyst forecasts on KULR Technology Group stock, see the KULR Stock Forecast page.
On June 9, 2025, KULR Technology Group entered into a Controlled Equity Offering Sales Agreement with Cantor Fitzgerald & Co. and Craig-Hallum Capital Group LLC, allowing the company to offer and sell up to $300 million in common stock. This agreement, facilitated under an effective shelf registration statement, provides KULR with the flexibility to raise capital through ‘at the market’ offerings, potentially enhancing its financial position and operational capabilities.
The most recent analyst rating on (KULR) stock is a Buy with a $5.00 price target. To see the full list of analyst forecasts on KULR Technology Group stock, see the KULR Stock Forecast page.
On June 6, 2025, KULR Technology Group expanded its Board of Directors to five members, appointing Shawn Canter and Aron Schwartz. Schwartz, with a robust background in investment and management, was also named Chair of the Compensation Committee. The company also appointed Jay K. Yamamoto as General Counsel and Secretary, recognizing his extensive legal experience and familiarity with the company’s operations. Additionally, the Board approved compensation adjustments for non-executive directors, enhancing their cash compensation and issuing restricted stock units, contingent on shareholder approval of a new equity incentive plan.
The most recent analyst rating on (KULR) stock is a Buy with a $5.00 price target. To see the full list of analyst forecasts on KULR Technology Group stock, see the KULR Stock Forecast page.
On June 9, 2025, KULR Technology Group announced its membership in the ‘Bitcoin for Corporations’ initiative, which aims to promote Bitcoin’s institutional adoption. The company also disclosed the acquisition of additional bitcoin worth approximately $13 million, bringing its total holdings to 920 BTC. KULR’s year-to-date BTC Yield was reported at 260%, reflecting its strategic focus on expanding its Bitcoin treasury. This move aligns with KULR’s broader strategy to integrate Bitcoin as a long-term reserve asset, potentially impacting its market positioning and stakeholder interests.
The most recent analyst rating on (KULR) stock is a Buy with a $5.00 price target. To see the full list of analyst forecasts on KULR Technology Group stock, see the KULR Stock Forecast page.
On May 27, 2025, KULR Technology Group announced its inclusion in the broad-market Russell 3000® Index, effective after the market opens on June 30, 2025, as part of the annual Russell indexes reconstitution. This inclusion is expected to enhance KULR’s visibility and liquidity among institutional investors, marking a significant milestone in the company’s growth trajectory. The Russell indexes are widely used by investment managers and institutional investors, with approximately $10.6 trillion in assets benchmarked against them, highlighting the importance of KULR’s inclusion in these indexes.
The most recent analyst rating on (KULR) stock is a Buy with a $5.00 price target. To see the full list of analyst forecasts on KULR Technology Group stock, see the KULR Stock Forecast page.
On May 20, 2025, KULR Technology Group announced the acquisition of additional bitcoin worth approximately $9 million, bringing its total bitcoin holdings to 800.3 BTC. This move aligns with KULR’s strategy to allocate up to 90% of its surplus cash reserves in bitcoin, as part of its Bitcoin Treasury Strategy. The company reported a year-to-date BTC Yield of 220.2%, which serves as a key performance indicator to assess the effectiveness of its bitcoin acquisition strategy in enhancing shareholder value. However, KULR emphasizes that BTC Yield is not a traditional financial performance measure and should be considered as a supplementary tool for investors.
The most recent analyst rating on (KULR) stock is a Buy with a $5.00 price target. To see the full list of analyst forecasts on KULR Technology Group stock, see the KULR Stock Forecast page.
KULR Technology Group reported a 40% increase in revenue for the first quarter of 2025, reaching $2.45 million, despite a decrease in gross margins due to unexpected labor costs. The company is expanding its operations by consolidating facilities and launching new strategic partnerships, such as with German Bionic for AI-powered exoskeletons and AstroForge for space mission battery packs. KULR also increased its Bitcoin holdings, achieving a 197.5% BTC yield, and received a $6.7 million award from the Texas Space Commission to advance its space battery platform.
The most recent analyst rating on (KULR) stock is a Buy with a $5.00 price target. To see the full list of analyst forecasts on KULR Technology Group stock, see the KULR Stock Forecast page.
On May 6, 2025, KULR Technology Group announced a conference call scheduled for May 15, 2025, to discuss its first-quarter financial results. Additionally, the company completed the acquisition of approximately $4 million in bitcoin, highlighting its strategy to include bitcoin as a primary asset in its treasury program.
On May 1, 2025, KULR Technology Group announced the launch of a blockchain-secured supply chain initiative aimed at enhancing transparency and security for product-related data. This move involves transitioning supply chain verification and custody tracking to a distributed ledger, which will improve data integrity and operational efficiency. The initiative includes recording lithium-ion batteries, screened to NASA’s standards, on the blockchain to ensure authenticity and streamline audits. Additionally, KULR’s strategy involves minting each battery’s metadata as an NFT, facilitating ownership transfer and inventory management. This development follows KULR’s previous commitment to holding bitcoin as a primary treasury asset, showcasing the company’s strategic embrace of blockchain technology.