Financials KULR Technology Group, Inc.

Equities

KULR

US50125G3074

Electrical Components & Equipment

Market Closed - Nyse Other stock markets 04:00:00 2025-12-11 pm EST			5-day change	1st Jan Change
3.890 ^USD	-2.02%		-1.52%	-86.30%

Dec. 11	KULR Technology Group, Inc. Deepens Commitment to AI Data Center Energy Storage Innovation with Open Compute Project Platinum Member	CI
Dec. 09	KULR Technology Group, Inc. to Showcase AI Datacenter Battery Energy Storage Solution at Reuters Energy Live 2025	CI

Projected Income Statement: KULR Technology Group, Inc.

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	0.624	2.4	3.995	9.83	10.74	17.31	32.75
Change	-	284.63%	66.46%	146.06%	9.23%	61.17%	89.24%
EBITDA	-	-11.45	-17.8	-20.2	-13.43	-	-
Change	-	-	-55.52%	-13.47%	33.49%	-	-
EBIT ¹	-2.34	-11.5	-18.29	-22.41	-15.23	-34.17	-10.72
Change	-	-391.36%	-59.01%	-22.56%	32.02%	-124.26%	68.61%
Interest Paid	-0.00527	-0.00334	-0.9359	-0.7184	-0.2098	-	-
Earnings before Tax (EBT) ¹	-2.85	-11.91	-19.44	-23.69	-17.52	-25.84	-11.02
Change	-	-317.92%	-63.17%	-21.91%	26.04%	-47.45%	57.33%
Net income ¹	-2.852	-11.91	-19.44	-23.69	-17.52	-25.84	-12.32
Change	-	-317.67%	-63.17%	-21.91%	26.04%	-47.45%	52.3%
Announcement Date	3/19/21	3/17/22	3/23/23	4/12/24	3/27/25	-	-

¹USD in Million

Estimates

Fiscal Period: December	2020 Q4	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4
Net sales ¹	0.2085	0.4179	0.6282	0.6009	0.766	0.2005	0.5876	1.4	1.813	1.76	2.696	3.04	2.334	1.749	2.432	3.186	3.371	2.449	3.973	6.885	4.4
Change	-	100.45%	50.33%	-4.35%	27.47%	-73.83%	193.04%	138.28%	29.5%	-2.93%	53.17%	12.78%	-23.23%	-25.06%	39.04%	30.99%	5.8%	-27.35%	62.26%	73.29%	-36.09%
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-4.293	-3.984	-4.781	-1.334	-3.279	-	-	-	-
Change	-	-	-	-	-	-	-	-	-	-	-	-	-	7.2%	-20.01%	72.09%	-145.75%	-	-	-	-
EBIT ¹	-0.6771	-1.473	-2.887	-3.1	-4	-4.2	-5.162	-5	-3.987	-6.3	-5.997	-5.1	-4.974	-4.657	-5.327	-1.71	-3.541	-9.444	-9.451	-8.739	-2.5
Change	-	-117.57%	-95.97%	-7.38%	-29.03%	-5%	-22.9%	3.13%	20.26%	-58.01%	4.8%	14.96%	2.47%	6.38%	-14.39%	67.89%	-107.03%	-166.71%	-0.08%	7.54%	71.39%
Charge d'intérêts	-0.00026	-0.00087	-0.00077	-	-	-	-0.0424	-0.4747	-0.259	-0.1599	-0.1971	-0.1876	-0.1738	-	-	-	-	-	-	-	-
Earnings before Tax (EBT) ¹	-0.8586	-1.715	-3.027	-3.096	-4.073	-4.137	-5.255	-5.587	-4.459	-6.603	-6.335	-5.562	-5.193	-	-5.891	-2.004	-4.62	-18.81	8.142	-6.974	-2.2
Change	-	-99.71%	-76.54%	-2.27%	-31.57%	-1.55%	-27.03%	-6.32%	20.18%	-48.08%	4.06%	12.2%	6.63%	-	-	65.98%	-130.59%	-307.03%	143.29%	-185.65%	68.45%
Net income ¹	-0.8603	-1.715	-3.027	-3.096	-4.173	-4.1	-5.255	-5.6	-4.459	-6.6	-6.335	-5.56	-5.193	-5.009	-5.891	-2.004	-4.62	-18.81	8.142	-6.974	-2.2
Change	-	-99.32%	-76.54%	-2.27%	-34.8%	1.76%	-28.16%	-6.57%	20.38%	-48.02%	4.02%	12.23%	6.59%	3.55%	-17.6%	65.98%	-130.59%	-307.03%	143.29%	-185.65%	68.45%
Announcement Date	3/19/21	5/21/21	8/16/21	11/15/21	3/17/22	5/16/22	8/15/22	11/9/22	3/23/23	5/15/23	8/16/23	11/14/23	4/12/24	5/15/24	8/12/24	11/13/24	3/27/25	5/15/25	8/14/25	11/18/25	-

¹USD in Million

Estimates

Forecast Balance Sheet: KULR Technology Group, Inc.

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026
Net Debt	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-
Announcement Date	3/19/21	3/17/22	3/23/23	4/12/24	3/27/25	-	-

Estimates

Cash Flow Forecast: KULR Technology Group, Inc.

Fiscal Period: December	2019	2020	2021	2022	2023	2024
CAPEX ¹	-	0.0461	2.537	4.104	0.9111	0.5962
Change	-	-	5,405.32%	61.77%	-77.8%	-34.57%
Free Cash Flow (FCF) ¹	-0.4666	-1.555	-4.828	-14.78	-3.823	-10.09
Change	-	-233.31%	-210.4%	-206.13%	74.13%	-163.9%
Announcement Date	5/14/20	3/19/21	3/28/22	3/28/23	4/12/24	3/31/25

¹USD in Million

Estimates

Forecast Financial Ratios: KULR Technology Group, Inc.

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Profitability
EBITDA Margin (%)	-	-	-476.9%	-445.56%	-205.47%	-125.11%	-	-
EBIT Margin (%)	-	-375.09%	-479.17%	-457.72%	-227.99%	-141.89%	-197.42%	-32.75%
EBT Margin (%)	-	-456.77%	-496.3%	-486.51%	-241.03%	-163.2%	-149.3%	-33.66%
Net margin (%)	-	-457.04%	-496.3%	-486.51%	-241.03%	-163.2%	-149.3%	-37.63%
FCF margin (%)	-	-	-	-	-124.43%	-166.85%	-	-
FCF / Net Income (%)	-	-	-	-	51.62%	102.23%	-	-
Profitability
ROA	-359.67%	-30.97%	-50.6%	-53.33%	-81.23%	-25.81%	-	-
ROE	429.4%	-107.11%	-105.95%	-144.73%	-570.17%	-63.44%	-	-
Financial Health
Leverage (Debt/EBITDA)	-	-	-	-	-0.25x	-	-	-
Debt / Free cash flow	-	-	-	-	-1.32x	-	-	-
Capital Intensity
CAPEX / Current Assets (%)	-	7.39%	15.97%	67.16%	2.71%	5.34%	-	-
CAPEX / EBITDA (%)	-	-	-3.35%	-15.07%	-1.32%	-4.27%	-	-
CAPEX / FCF (%)	-	-	-	-	-2.18%	-3.2%	-	-
Items per share
Cash flow per share ¹	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
Dividend per Share ¹	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
Book Value Per Share ¹	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
EPS ¹	-	-0.24	-1.2	-1.44	-1.6	-0.72	-0.65	-0.275
Change	-	-	-400%	-20%	-11.11%	55%	9.72%	57.69%
Nbr of stocks (in thousands)	-	11,216	13,088	14,077	16,616	29,910	45,652	45,652
Announcement Date	-	3/19/21	3/17/22	3/23/23	4/12/24	3/27/25	-	-