Microvast Holdings
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Microvast Holdings's past years’ income statements indicate that its last revenue has increased compared to the previous period by 50% to $306,617,000. The net income raised on -$106,336,000 and profit margin reached -35%. Total operating expenses were $165,909,000.
Profit Margin
| 2018 | 0 | 0 | |
|---|---|---|---|
| 2019 | 76.43M | -59.66M | -78.06% |
| 2020 | 107.51M | -33.62M | -31.27% |
| 2021 | 151.97M | -211.49M | -139.16% |
| 2022 | 204.49M | -158.2M | -77.36% |
| 2023 | 306.61M | -106.33M | -34.68% |
MVST Income Statement (2018 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|
Revenue | ||||||
Revenue | 306.61M | 204.49M | 151.97M | 107.51M | 76.43M | 0 |
Cost of revenue | 249.39M | 195.42M | 194.71M | 90.37M | 76.66M | 0 |
Gross profit | 57.22M | 9.07M | -42.74M | 17.14M | -231K | 0 |
Operating exp. | ||||||
Research and development | 45.00M | 43.50M | 34.38M | 16.63M | 25.99M | 0 |
Selling and marketing | 23.61M | 22.61M | 21.43M | 13.76M | 15.71M | 0 |
Total operating expenses | 165.90M | 169.01M | 151.32M | 46.24M | 53.63M | 0 |
Operating income | -108.68M | -159.94M | -194.06M | -29.10M | -53.86M | 0 |
Other income (expenses), net | 2.28M | 1.77M | -12.41M | -1.51M | -5.61M | 0 |
Income before tax | -106.40M | -158.16M | -206.48M | -33.62M | -59.47M | 0 |
Income tax expense | 10K | 33K | 5.01M | 1K | 189K | 0 |
Net income | -106.33M | -158.2M | -211.49M | -33.62M | -59.66M | 0 |
Earnings per share | ||||||
Basic EPS | -0.34 | -0.52 | -1.14 | -0.34 | -1.7 | 0 |
Diluted EPS | -0.34 | -0.52 | -1.14 | -0.34 | -1.7 | 0 |
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