Education
About Us
Working with TipRanks
Follow Us
Microvast Holdings (MVST)
NASDAQ:MVST
Earnings Data
Report Date
May 07, 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
---
Earnings Call Summary
Earnings Call Date:Mar 31, 2025
|% Change Since: 83.76%
|Next Earnings Date:May 07, 2025
Earnings Call Sentiment|Neutral
Microvast demonstrated strong revenue growth and improved gross margins in 2024, particularly in the EMEA region, and achieved positive adjusted EBITDA. However, these successes were offset by a substantial GAAP net loss and revenue declines in the APAC region due to strategic repositioning and competition. The company also faced challenges related to financing.Company Guidance
During Microvast's fourth quarter and full-year 2024 earnings call, the company highlighted several key metrics and provided guidance for 2025. In 2024, Microvast achieved record annual revenue of $379.8 million, marking a 24% increase from the previous year, with the fourth quarter alone bringing in $113.4 million. The company saw significant growth in the EMEA region with a 123% increase in revenue. Gross margin improved to 31.5% for the year and 36.6% for the fourth quarter, up from 18.7% and 22% in 2023, respectively. Despite recording a GAAP net loss of $195.5 million for the year, Microvast reported an adjusted EBITDA of $8.6 million in Q4. For 2025, the company projects revenue growth of 18% to 25%, targeting a range of $450 million to $475 million, with a maintained gross margin target of 30%. The expansion of production capacity, especially in the APAC region, and continued innovation in battery technologies are central to their strategy to drive growth and profitability.Record Annual Revenue and Growth
Microvast achieved record annual revenue of $380 million, marking a 24% increase year-over-year. The fourth quarter revenue was also a record at $113.4 million.
Improved Gross Margin
The overall gross margin improved to 31.5% from 18.7% year-over-year, with a fourth-quarter gross margin of 36.6%.
Significant EMEA Market Growth
Revenue in EMEA increased by 123% year-over-year, driven by strong demand in Italy, Germany, and other Western European markets.
Positive Adjusted EBITDA
The company delivered an adjusted EBITDA of $8.6 million in the fourth quarter, demonstrating effective strategic execution.
Technological Advancements
Microvast made significant advancements in silicon-based cell technologies and progress toward all-solid-state batteries.
---
MVST 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
---
MVST Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 31, 2025 | $1.17 | $1.55 | +32.48% |
| Nov 12, 2024 | $0.18 | $0.80 | +344.44% |
| Aug 09, 2024 | $0.34 | $0.34 | 0.00% |
| May 09, 2024 | $0.44 | $0.43 | -2.27% |
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 Microvast Holdings (MVST) report earnings?
Microvast Holdings (MVST) is schdueled to report earning on May 07, 2025, TBA Not Confirmed.
What is Microvast Holdings (MVST) earnings time?
Microvast Holdings (MVST) earnings time is at May 07, 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 MVST EPS forecast?
MVST EPS forecast for the fiscal quarter 2025 (Q1) is -0.02.
---