For the quarter ending 2025-09-30, MVST had $3,807K increase in cash & cash equivalents over the period. $1,179K in free cash flow.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net (loss)/profit | -1,489 | -44,268 |
| Loss on disposal of property, plant and equipment | 265 | 147 |
| Gain on debt restructuring | 0 | 792 |
| Interest expense | 0 | 0 |
| Depreciation of property, plant and equipment | 8,078 | 16,091 |
| Amortization of land use right and intangible assets | 194 | 384 |
| Noncash lease expenses | 651 | 1,311 |
| Share-based compensation | 728 | 1,549 |
| Changes in fair value of warrant liability and convertible loan | -12,641 | -78,361 |
| Allowance of credit losses | -347 | 2,191 |
| Write-down for obsolete inventories | 4,724 | 0 |
| Impairment loss of long-lived assets | 36 | 1,364 |
| Product warranty | 4,864 | 8,512 |
| Notes receivable | 4,313 | 13,957 |
| Accounts receivable | 22,447 | 513 |
| Inventories | -10,331 | -7,051 |
| Prepaid expenses and other current assets | 1,262 | -8,830 |
| Amounts due to related parties | 0 | -5 |
| Operating lease right-of-use assets | -163 | 784 |
| Other non-current assets | -758 | -312 |
| Notes payable | 13,026 | -8,801 |
| Accounts payable | -13,077 | 6,264 |
| Advance from customers | -35,897 | -2,279 |
| Accrued expenses and other liabilities | 37,091 | -16,802 |
| Operating lease liabilities | -541 | -640 |
| Other non-current liabilities | 986 | 797 |
| Net cash generated from/(used in) operating activities | 15,163 | 44,323 |
| Purchases of property, plant and equipment | 13,984 | 5,207 |
| Proceeds on disposal of property, plant and equipment | 3,607 | 129 |
| Proceeds from maturity of short-term investments | 0 | 0 |
| Net cash used in investing activities | -10,377 | -5,078 |
| Proceeds from borrowings | 10,479 | 59,571 |
| Repayment of bank borrowings | 9,781 | 56,184 |
| Convertible loan | 0 | 0 |
| Repayment of bonds payable | 0 | 1,375 |
| Payment for debt issue costs | 0 | 0 |
| Deferred payment related to purchases of property, plant and equipment | 3,443 | 8,811 |
| Net cash (used in)/ generated from financing activities | -2,745 | -6,799 |
| Effect of exchange rate changes | 1,766 | -3,227 |
| Increase in cash, cash equivalents and restricted cash | 3,807 | 29,219 |
| Cash and cash equivalents at beginning of period | 109,601 | - |
| Cash and cash equivalents at end of period | 142,627 | - |
Microvast Holdings, Inc. (MVST)
Microvast Holdings, Inc. (MVST)