Microvast Holdings, Inc. (MVST)

NASDAQ: MVST · Real-Time Price · USD

3.850

-0.130 (-3.27%)

At close: May 27, 2025, 4:00 PM

3.890

+0.040 (1.04%)

After-hours: May 27, 2025, 7:59 PM EDT

Microvast Holdings Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2018 - 2019
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2018 - 2019
Revenue	414.94	379.8	306.62	204.5	151.98	107.52	Upgrade
Revenue Growth (YoY)	21.68%	23.87%	49.94%	34.56%	41.35%	40.67%	Upgrade
Cost of Revenue	269.6	260.25	249.39	195.42	194.72	90.38	Upgrade
Gross Profit	145.34	119.55	57.23	9.07	-42.74	17.14	Upgrade
Selling, General & Admin	91.93	104.06	120.4	125.39	123.06	32.61	Upgrade
Research & Development	37.82	41.07	45	43.51	34.39	16.64	Upgrade
Operating Expenses	128.87	145.13	165.41	168.89	157.45	49.25	Upgrade
Operating Income	16.48	-25.58	-108.18	-159.82	-200.19	-32.11	Upgrade
Interest Expense	-9.17	-9.71	-2.63	-3.32	-5.41	-5.74	Upgrade
Interest & Investment Income	0.8	0.74	3.61	3.18	0.45	0.57	Upgrade
Other Non Operating Income (Expenses)	-35.39	-78.96	1.29	1.91	2.42	0.86	Upgrade
EBT Excluding Unusual Items	-27.28	-113.5	-105.9	-158.06	-202.74	-36.42	Upgrade
Gain (Loss) on Sale of Assets	-0.84	-0.84	-1.95	0.01	-0.01	-0.21	Upgrade
Asset Writedown	-93.17	-93.17	-0.5	-1.8	-	-	Upgrade
Other Unusual Items	12.45	12.06	1.95	1.67	-3.73	3	Upgrade
Pretax Income	-108.84	-195.46	-106.4	-158.17	-206.48	-33.62	Upgrade
Income Tax Expense	-	-	0.01	0.03	-	0	Upgrade
Earnings From Continuing Operations	-108.84	-195.46	-106.41	-158.2	-206.48	-33.63	Upgrade
Minority Interest in Earnings	-	-	0.08	-	-	-	Upgrade
Net Income	-108.84	-195.46	-106.34	-158.2	-206.48	-33.63	Upgrade
Preferred Dividends & Other Adjustments	-	-	0.08	-	27.62	47.34	Upgrade
Net Income to Common	-108.84	-195.46	-106.41	-158.2	-234.1	-80.96	Upgrade
Shares Outstanding (Basic)	320	318	311	303	186	99	Upgrade
Shares Outstanding (Diluted)	320	318	311	303	186	99	Upgrade
Shares Change (YoY)	2.45%	2.43%	2.52%	63.14%	87.72%	-	Upgrade
EPS (Basic)	-0.34	-0.61	-0.34	-0.52	-1.26	-0.82	Upgrade
EPS (Diluted)	-0.47	-0.61	-0.34	-0.52	-1.26	-0.82	Upgrade
Free Cash Flow	-11.87	-24.91	-262.09	-204.81	-132.9	-3.09	Upgrade
Free Cash Flow Per Share	-0.04	-0.08	-0.84	-0.68	-0.71	-0.03	Upgrade
Gross Margin	35.03%	31.48%	18.66%	4.44%	-28.13%	15.94%	Upgrade
Operating Margin	3.97%	-6.73%	-35.28%	-78.15%	-131.72%	-29.86%	Upgrade
Profit Margin	-26.23%	-51.46%	-34.71%	-77.36%	-154.04%	-75.30%	Upgrade
Free Cash Flow Margin	-2.86%	-6.56%	-85.48%	-100.15%	-87.45%	-2.87%	Upgrade
EBITDA	47.82	5.26	-85.25	-139.46	-179.48	-15.32	Upgrade
EBITDA Margin	11.53%	1.38%	-27.80%	-68.19%	-118.10%	-14.24%	Upgrade
D&A For EBITDA	31.35	30.83	22.93	20.37	20.71	16.79	Upgrade
EBIT	16.48	-25.58	-108.18	-159.82	-200.19	-32.11	Upgrade
EBIT Margin	3.97%	-6.73%	-35.28%	-78.15%	-131.72%	-29.86%	Upgrade

Updated Mar 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q