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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 | |||||
| TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 11.44M | 10.74M | 9.83M | 3.99M | 2.41M | 623.97K | Gross Profit |
| 5.18M | 5.48M | 3.67M | 2.36M | 1.31M | 454.95K | EBIT |
| -20.02M | -15.23M | -22.41M | -18.29M | -11.51M | -2.34M | EBITDA |
| -19.78M | -14.36M | -20.03M | -17.54M | -11.71M | -2.33M | Net Income Common Stockholders |
| -31.32M | -17.52M | -23.69M | -20.59M | -11.92M | -3.35M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 24.45M | 29.83M | 1.19M | 10.33M | 14.86M | 8.88M | Total Assets |
| 93.80M | 62.93M | 10.86M | 23.63M | 19.23M | 9.21M | Total Debt |
| 1.19M | 1.85M | 352.19K | 321.60K | 825.50K | 2.48M | Net Debt |
| -23.26M | -27.99M | -842.58K | -10.01M | -14.04M | -6.40M | Total Liabilities |
| 4.12M | 5.50M | 13.05M | 13.13M | 2.87M | 3.09M | Stockholders Equity |
| 89.68M | 57.43M | -2.18M | 10.49M | 16.37M | 6.12M |
| Cash Flow | Free Cash Flow | ||||
| -23.89M | -17.94M | -13.01M | -22.00M | -9.54M | -2.78M | Operating Cash Flow |
| -23.21M | -17.34M | -11.97M | -17.35M | -6.81M | -2.73M | Investing Cash Flow |
| -66.30M | -21.60M | -1.05M | -4.65M | -2.74M | -46.09K | Financing Cash Flow |
| 113.16M | 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 |
|---|---|---|---|---|---|---|---|
66 Neutral | $572.70M | 57.23 | 3.64% | 0.35% | -10.99% | -61.37% | |
66 Neutral | $816.92M | ― | -0.34% | ― | -4.76% | 97.93% | |
64 Neutral | $972.08M | ― | -56.81% | ― | 28.04% | 64.81% | |
62 Neutral | $11.80B | 10.08 | -7.46% | 2.99% | 7.37% | -8.21% | |
50 Neutral | $269.20M | ― | -135.21% | ― | -41.76% | 5.56% | |
46 Neutral | $355.11M | ― | -67.89% | ― | 16.47% | 27.19% | |
41 Neutral | $335.23M | ― | -118.08% | ― | ― | ― |
KULR Technology Group Corporate Events
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.
On April 22, 2025, KULR Technology Group announced a strategic collaboration with AstroForge to develop a custom 500 watt-hour KULR ONE Space battery pack, highlighting the increasing demand for high-performance battery systems in the space industry. This partnership strengthens KULR’s position in the space battery market, showcasing its ability to provide scalable, efficient energy solutions that meet stringent safety and performance requirements, thus enhancing mission reliability for its partners.
On April 22, 2025, KULR Technology Group announced it was awarded $6,703,500 by the Texas Space Commission as part of a $26 million grant to enhance Texas’ leadership in space exploration. This funding supports KULR’s development of cold-temperature lithium-ion battery solutions for lunar and Martian missions, in collaboration with NASA Johnson Space Center and South 8 Technologies. The project will utilize KULR’s Webster, TX facility as the engineering and test hub, aligning with NASA’s Artemis objectives to improve safety and efficiency in deep space environments.
On April 15, 2025, KULR Technology Group announced a strategic partnership with German Bionic to expand into the robotics and AI sectors. This collaboration includes a master distribution agreement granting KULR exclusive rights to distribute German Bionic’s exoskeletons in North America. The partnership aims to enhance the capabilities of the Apogee ULTRA exoskeleton, focusing on performance improvements and AI integration. KULR’s expansion aligns with US priorities to boost domestic manufacturing, and the company plans to localize future exoskeleton production in the US to support supply chain resilience and scalability.
On April 10, 2025, KULR Technology Group announced that its CEO and Co-Founder, Michael Mo, will speak at Strategy World 2025, a global conference on AI, BI innovation, and Bitcoin treasuries. KULR, a Silver sponsor of the event, aims to promote discussions on Bitcoin treasury benefits and engage with industry leaders. The company has integrated Bitcoin into its treasury strategy, purchasing over 660 BTC, and is committed to allocating up to 90% of its surplus cash to Bitcoin. This move aligns with KULR’s focus on distributed systems and AI-driven energy management solutions.
KULR Technology Group reported a 44% increase in revenue for the fourth quarter of 2024, highlighting significant operational achievements, including securing key defense contracts and launching new products like the KULR Xero Vibe solution. The company also announced a strategic shift by incorporating Bitcoin into its treasury strategy, expanding its holdings to 668 BTC, and regained compliance with NYSE American listing standards. These developments position KULR as a strong player in the energy management and AI ecosystem, with implications for stakeholders in terms of enhanced market presence and financial stability.