Financial insights of MVST

MyFinsight

For the quarter ending 2025-09-30, MVST made $123,287K in revenue. -$1,489K in net income. Net profit margin of -1.21%.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement	2025-09-30	2025-06-30	2025-03-31	2024-09-30
Revenues	123,287	91,339	116,491	101,388
Cost of revenues	76,875	59,616	73,475	67,776
Gross profit	46,412	31,723	43,016	33,612
General and administrative expenses	19,663	3,997	10,453	11,841
Research and development expenses	7,757	7,719	8,248	10,692
Selling and marketing expenses	6,006	3,424	6,799	4,963
Impairment loss of long-lived assets	36	1,364	-	12
Total operating expenses	33,462	16,504	25,500	27,508
Subsidy income	44	995	1,416	1,082
Profit/(loss) from operations	12,994	16,214	18,932	7,186
Interest income	236	198	177	186
Interest expense	1,255	1,252	1,188	4,290
Changes in fair value of warrant liability and convertible loan	-12,641	-121,521	43,160	2,766
Gain on debt restructuring	0	403	389	-
Other (expense) income, net	-84	120	320	7,399
(loss)/profit before provision for income taxes	-750	-105,838	61,790	13,247
Income tax expense	739	220	-	-
Net (loss)/profit	-1,489	-106,058	61,790	13,247
Net (loss)/profit attributable to microvast holdings, inc.'s stockholders	-1,489	-106,058	61,790	13,247

Basic net (loss)/profit per share (in dollars per share)	0	-0.33	0.19	0.04
Diluted net (loss)/profit per share (in dollars per share)	0	-0.33	0.05	0.03
Weighted average shares used in calculating net (loss)/profit per share of common stock, basic (in shares)	323,755,691	323,643,200	323,430,721	320,545,388
Weighted average shares used in calculating net (loss)/profit per share of common stock, diluted (in shares)	323,755,691	323,643,200	374,425,026	367,031,181