Microvast Holdings, Inc. (MVST)
2025-06-30 | 2025-03-31 | 2024-09-30 | 2024-06-30 | |
|---|---|---|---|---|
| Revenues | 91,339 | 116,491 | 101,388 | 83,675 |
| Cost of revenues | 59,616 | 73,475 | 67,776 | 56,480 |
| Gross profit | 31,723 | 43,016 | 33,612 | 27,195 |
| Subsidy income | 995 | 1,416 | 1,082 | 735 |
| Selling and marketing expenses | 3,424 | 6,799 | 4,963 | 5,026 |
| Research and development expenses | 7,719 | 8,248 | 10,692 | 10,107 |
| Impairment of long-lived assets to be disposed of | 1,364 | - | 12 | 88,027 |
| General and administrative expenses | 3,997 | 10,453 | 11,841 | 23,511 |
| Total operating expenses | 16,504 | 25,500 | 27,508 | 126,671 |
| Profit/(loss) from operations | 16,214 | 18,932 | 7,186 | -98,741 |
| Other income, net | 120 | 320 | 7,399 | 601 |
| Interest expense | 1,252 | 1,188 | 4,290 | 2,094 |
| Gain on debt restructuring | 403 | 389 | - | - |
| Interest income | 198 | 177 | 186 | 246 |
| Changes in fair value of warrant liability and convertible loan | -121,521 | 43,160 | 2,766 | -1,568 |
| Loss before provision for income taxes | -105,838 | 61,790 | 13,247 | -101,556 |
| Income tax expense | 220 | - | - | - |
| Net loss | -106,058 | 61,790 | 13,247 | -101,556 |
| Net loss attributable to microvast holdings, inc.'s stockholders | -106,058 | 61,790 | 13,247 | -101,556 |
| Basic net profit/(loss) per share (in dollars per share) | -0.33 | 0.19 | 0.04 | -0.32 |
| Diluted net profit/(loss) per share (in dollars per share) | -0.33 | 0.05 | 0.03 | -0.32 |
| Weighted average shares used in calculating net profit/(loss) per share of common stock, basic (in shares) | 323,643,200 | 323,430,721 | 320,545,388 | 315,509,552 |
| Weighted average shares used in calculating net profit/(loss) per share of common stock, diluted (in shares) | 323,643,200 | 374,425,026 | 367,031,181 | 315,509,552 |