earnings
confidence high
sentiment negative
materiality 0.80
KULR Q1 revenue up 40% to $2.45M but net loss widens to $18.81M on Bitcoin mark-to-market
KULR Technology Group, Inc.
2025-Q1 EPS
reported -$0.07
vs consensus -$0.12
▲ beat
(+42.8%)
- Revenue rose 40% YoY to $2.45M; product sales up 88.7% to $1.16M.
- Gross margin collapsed to 8% from 29% due to unanticipated labor on technical projects.
- Net loss of $18.81M ($0.07/share) vs $5.0M loss YoY; driven by non-cash mark-to-market on Bitcoin.
- Bitcoin holdings reached 716 BTC with 197.5% BTC yield YTD; $69M total acquisitions.
- Awarded $6.7M Texas Space Commission grant; partnerships with German Bionic and AstroForge.