| Income Statement | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Revenues | 123,287 | 91,339 | ||
| Cost of revenues | 76,875 | 59,616 | ||
| Gross profit | 46,412 | 31,723 | ||
| General and administrative expenses | 19,663 | 3,997 | ||
| Research and development expenses | 7,757 | 7,719 | ||
| Selling and marketing expenses | 6,006 | 3,424 | ||
| Impairment loss of long-lived assets | 36 | 1,364 | ||
| Total operating expenses | 33,462 | 16,504 | ||
| Subsidy income | 44 | 995 | ||
| Profit/(loss) from operations | 12,994 | 16,214 | ||
| Interest income | 236 | 198 | ||
| Interest expense | 1,255 | 1,252 | ||
| Changes in fair value of warrant liability and convertible loan | -12,641 | -121,521 | ||
| Gain on debt restructuring | 0 | 403 | ||
| Other (expense) income, net | -84 | 120 | ||
| (loss)/profit before provision for income taxes | -750 | -105,838 | ||
| Income tax expense | 739 | 220 | ||
| Net (loss)/profit | -1,489 | -106,058 | ||
| Net (loss)/profit attributable to microvast holdings, inc.'s stockholders | -1,489 | -106,058 | ||
| Basic net (loss)/profit per share (in dollars per share) | 0 | -0.33 | ||
| Diluted net (loss)/profit per share (in dollars per share) | 0 | -0.33 | ||
| Weighted average shares used in calculating net (loss)/profit per share of common stock, basic (in shares) | 323,755,691 | 323,643,200 | ||
| Weighted average shares used in calculating net (loss)/profit per share of common stock, diluted (in shares) | 323,755,691 | 323,643,200 | ||
Microvast Holdings, Inc. (MVSTW)
Microvast Holdings, Inc. (MVSTW)