Financial insights of MVST

MyFinsight

For the quarter ending 2026-03-31, MVST made $60,612K in revenue. $48,211K in net income. Net profit margin of 79.54%.

Income Statement	2026-03-31	2025-12-31	2025-09-30	2025-06-30
Revenues	60,612	96,399	123,287	91,339
Cost of revenues	-	87,313*	-	-
Energy storage system impairment	-	8,127*	-	-
Cost of revenues	41,456	-	76,875	59,616
Impairment loss of long-lived assets	-	2,742	36	1,364
Gross profit	19,156	959	46,412	31,723
General and administrative expenses	12,941	23,708	19,663	3,997
Research and development expenses	8,810	10,385	7,757	7,719
Selling and marketing expenses	5,342	5,968	6,006	3,424
Total operating expenses	27,093	42,803	33,462	16,504
Subsidy income	3	687	44	995
Changes in fair value of warrant liability and convertible loan	-	51,881	-	-
(gain) profit from operations	-7,934	-41,157	12,994	16,214
Gain on debt restructuring	-	505	0	403
Other income (expense), net	-	-112	-84	120
Interest income	382	346	236	198
Interest expense	1,227	1,208	1,255	1,252
Changes in fair value of warrant liability and convertible loan	63,838	-	-12,641	-121,521
Gain before provision for income tax	-	10,255	-750	-105,838
Foreign exchange (loss) gain	-6,900	-	-	-
Benefit from (provision for) income taxes	-	-6,284	739	220
Other income, net	52	-	-	-
Net profit	48,211	16,539	-1,489	-106,058
Net loss attributable to noncontrolling interests	-	0	-	-
Net gain attributable to common stockholders	-	16,539	-1,489	-106,058

Basic EPS	0.15	0.05	0	-0.33
Diluted EPS	-0.04	0.06	0	-0.33
Basic Average Shares	332,360,000	327,927,356	323,755,691	323,643,200
Diluted Average Shares	385,272,000	276,933,051	323,755,691	323,643,200

Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.