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KULR Technology Group
(NYSE MKT:KULR)
KULR Technology Group (KULR) vs. SPDR S&P 500 ETF (SPY)
KULR Technology Group Business Overview & Revenue Model
KULR Technology Group Earnings Call Summary
KULR Technology Group Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 12.98M | 10.74M | 9.83M | 3.99M | 2.41M | 623.97K |
| Gross Profit | 5.32M | 5.48M | 3.67M | 2.36M | 1.31M | 454.95K |
| EBITDA | -15.53M | -14.36M | -20.03M | -17.54M | -11.71M | -2.33M |
| Net Income | -17.29M | -17.52M | -23.69M | -20.59M | -11.92M | -3.35M |
Balance Sheet | ||||||
| Total Assets | 141.46M | 62.93M | 10.86M | 23.63M | 19.23M | 9.21M |
| Cash, Cash Equivalents and Short-Term Investments | 20.57M | 29.83M | 1.19M | 10.33M | 14.86M | 8.88M |
| Total Debt | 1.76M | 1.85M | 352.19K | 321.60K | 825.50K | 2.48M |
| Total Liabilities | 5.01M | 5.50M | 13.05M | 13.13M | 2.87M | 3.09M |
| Stockholders Equity | 136.45M | 57.43M | -2.18M | 10.49M | 16.37M | 6.12M |
Cash Flow | ||||||
| Free Cash Flow | -30.71M | -17.94M | -13.01M | -22.00M | -9.54M | -2.78M |
| Operating Cash Flow | -29.86M | -17.34M | -11.97M | -17.35M | -6.81M | -2.73M |
| Investing Cash Flow | -95.07M | -21.60M | -1.05M | -4.65M | -2.74M | -46.09K |
| Financing Cash Flow | 144.49M | 67.57M | 3.87M | 17.47M | 15.53M | 11.55M |
KULR Technology Group Technical Analysis
KULR Technology Group Risk Analysis
KULR Technology Group Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | $152.45M | 19.80 | 24.42% | ― | 16.52% | 50.29% | |
59 Neutral | $141.91M | -142.61 | -0.73% | 2.41% | 6.34% | -31.68% | |
54 Neutral | $267.65M | -4.95 | -7.93% | 6.45% | -4.91% | 61.77% | |
51 Neutral | $134.35M | -65.83 | -16.35% | ― | -7.12% | -11.00% | |
48 Neutral | $174.71M | ― | -24.65% | ― | 35.81% | 55.13% | |
46 Neutral | $109.73M | -3.88 | -889.21% | ― | 8.95% | 14.34% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% |
KULR Technology Group Corporate Events
On September 9, 2025, KULR Technology Group announced the release of six new commercial off-the-shelf versions of its KULR ONE Space CubeSat battery line, ranging from 100 to 500Wh, to meet the evolving needs of the space sector. The new K1S batteries, built on KULR’s flight-proven heritage, offer enhanced flexibility, safety, and customization for CubeSat and small satellite operators, strengthening KULR’s position as a leading provider of next-generation space power solutions.
On August 20, 2025, KULR Technology Group announced its participation in the Commercial UAV Expo 2025, where it will showcase its KULR ONE® Air product and battery safety technology. The KULR ONE® Air is a lithium-ion battery system designed for UAV/UAM applications, offering premium performance with a compact and lightweight design. This event, taking place from September 2-4, 2025, in Las Vegas, Nevada, highlights KULR’s commitment to advancing its position in the UAV market and demonstrates its innovative capabilities in energy systems.
On August 19, 2025, KULR Technology Group announced strategic partnerships with Molicel and Amprius Technologies to power its new KULR ONE Air (K1A) product line, aimed at the expanding unmanned aircraft systems market. Initial sample shipments began in July 2025, with volume production set for Q4 2025. The K1A line integrates KULR’s thermal management technologies with Amprius’ high-energy density battery cells and Molicel’s high-power cells, offering superior safety and extended flight times. This development positions KULR to capitalize on the projected growth of the global drone battery market, which is expected to increase significantly by 2035, driven by rising demand for autonomous systems in commercial and defense sectors.
KULR Technology Group reported a 63% increase in revenue for the second quarter of 2025, driven by strong product sales and strategic Bitcoin holdings. Despite a decrease in gross margins due to increased labor costs, the company achieved a net income of $8.14 million, largely attributed to the mark-to-market of its Bitcoin holdings. KULR’s recent inclusion in the Russell 3000® Index and expansion of Bitcoin holdings underscore its strategic growth and market positioning. The company also announced several operational advancements, including the deployment of Bitcoin mining machines and the release of new energy storage solutions, which are expected to enhance its competitive edge in the energy and technology sectors.
On August 5, 2025, KULR Technology Group announced that it will host a conference call on August 14, 2025, to discuss its financial results for the second quarter ending June 30, 2025. The call will include a question-and-answer session, with questions submitted in advance. This announcement highlights KULR’s ongoing commitment to transparency and engagement with its stakeholders, as the company continues to leverage its technological expertise and strategic investments in bitcoin to strengthen its market position.
On July 8, 2025, KULR Technology Group borrowed $8 million under a Master Loan Agreement, marking the first advance against a revolving credit facility. This move is part of KULR’s strategy to enhance its Bitcoin Treasury, which saw an additional acquisition of approximately $10 million in bitcoin, totaling 1,021 BTC. The company reported a year-to-date BTC Yield of 291.2%, a key performance indicator used to assess the effectiveness of its bitcoin acquisition strategy. This strategic acquisition aligns with KULR’s commitment to allocate up to 90% of its surplus cash reserves to bitcoin, aiming to drive shareholder value through its Bitcoin Treasury Strategy.
On July 9, 2025, KULR Technology Group announced the deployment of 3,570 Bitmain S19 XP 140T Bitcoin mining machines in Asuncion, Paraguay, increasing its operational capacity to 750 petahash per second. This move highlights KULR’s dual strategy of mining and purchasing Bitcoin to enhance its holdings efficiently. The company aims to reach 1.25 exahash per second later this summer, reflecting its commitment to scaling operations and diversifying revenue through mining machine leasing and strategic partnerships.
On July 1, 2025, KULR Technology Group entered into a Master Loan Agreement with Coinbase Credit, establishing a $20 million credit facility. This facility, secured by KULR’s Bitcoin holdings, aims to support the company’s strategic Bitcoin accumulation goals, providing non-dilutive capital at competitive rates. This move underscores KULR’s commitment to diversifying funding sources and enhancing shareholder value, while positioning itself as a leader in integrating Bitcoin into corporate treasury strategies.
On June 12, 2025, KULR Technology Group announced a 1-for-8 reverse stock split of its common stock, effective June 23, 2025. This strategic move aims to optimize market dynamics, broaden investor appeal, and align with institutional buying parameters, particularly ahead of the Russell 3000® Index reconstitution. The reverse stock split will reduce the number of outstanding shares from approximately 300 million to less than 40 million, without changing the par value or authorized number of shares. KULR’s CEO highlighted the potential benefits of higher share prices for institutional portfolio inclusion and long-term shareholder value.