For the year ending 2025-12-31, MVSTW had $59,637K increase in cash & cash equivalents over the period. $56,074K in free cash flow.
| Cash Flow | 2025-12-31 |
|---|---|
| Net loss | -29,218 |
| Loss on disposal of property, plant and equipment | 414 |
| Gain on debt restructuring | 1,297 |
| Interest expense | 0 |
| Depreciation of property, plant and equipment | 32,358 |
| Amortization of land use rights and intangible assets | 773 |
| Noncash lease expenses | 2,617 |
| Share-based compensation | 3,072 |
| Changes in fair value of warrant liability and convertible loan | -39,121 |
| Allowance of credit losses | 7,991 |
| Write-down for obsolete inventories | 33,722 |
| Impairment loss of long-lived assets | 4,142 |
| Product warranty | 17,173 |
| Deferred tax benefit | -5,429 |
| Notes receivable | 27,343 |
| Accounts receivable | 27,259 |
| Inventories | -27,089 |
| Prepaid expenses and other current assets | -8,900 |
| Amounts due from/to related parties | -3 |
| Operating lease right-of-use assets | 475 |
| Other non-current assets | -629 |
| Notes payable | 24,048 |
| Accounts payable | -20,193 |
| Advance from customers | -38,347 |
| Accrued expenses and other liabilities | 20,587 |
| Operating lease liabilities | -1,786 |
| Other non-current liabilities | 4,622 |
| Net cash generated in operating activities | 75,908 |
| Purchases of property, plant and equipment | 19,834 |
| Proceeds on disposal of property, plant and equipment | 3,789 |
| Purchase of short-term investments | 0 |
| Proceeds from maturity of short-term investments | 0 |
| Net cash used in investing activities | -16,045 |
| Proceeds from bank borrowings | 85,708 |
| Repayment of bonds payable | 1,375 |
| Repayment of bank borrowings | 96,070 |
| Convertible loan | 0 |
| Payment for debt issuance costs | 0 |
| Proceeds from sale of common stocks | 28,750 |
| Payment for equity issuance costs | 809 |
| Deferred payment related to purchases of property, plant and equipment | 18,887 |
| Net cash (used in)/ provided by financing activities | -2,683 |
| Effect of exchange rate changes | 2,457 |
| Increase/ (decrease) in cash, cash equivalents and restricted cash | 59,637 |
| Cash, cash equivalents and restricted cash at beginning of the year | 109,601 |
| Cash, cash equivalents and restricted cash at end of the year | 169,238 |
Microvast Holdings, Inc. (MVSTW)
Microvast Holdings, Inc. (MVSTW)