Income Statement (TTM)
Microvast Holdings, Inc. - Equity Warrant Income Statement shows changes in income and expenses over a period of time. Income Statement data includes Sales and Revenue, Gross Profit, Research and Development (R&D), Selling, General and Administrative Expense (SG&A), Operating Income, Income Tax Expense, Interest Expense, Non-Operating Income, Earnings per Share (EPS), and Shares Outstanding.
All numbers are times 1,000,000 except per share units.
|
2020 09-30 |
2020 12-31 |
2021 03-31 |
2021 06-30 |
2021 09-30 |
2021 12-31 |
2022 03-31 |
2022 06-30 |
2022 09-30 |
2022 12-31 |
2023 03-31 |
2023 06-30 |
2023 09-30 |
2023 12-31 |
2024 03-31 |
2024 06-30 |
2024 09-30 |
2024 12-31 |
2025 03-31 |
2025 06-30 |
|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 90 | 108 | 116 | 127 | 133 | 152 | 174 | 205 | 206 | 204 | 215 | 225 | 267 | 307 | 341 | 350 | 371 | 380 | 415 | 423 |
| Change (%) | 19.17 | 7.43 | 10.11 | 4.83 | 13.99 | 14.30 | 17.87 | 0.84 | -0.96 | 5.04 | 4.91 | 18.42 | 14.91 | 11.21 | 2.56 | 6.08 | 2.38 | 9.25 | 1.85 | |
| % of Revenue | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |
| Cost Of Sales | 88 | 90 | 101 | 123 | 169 | 195 | 215 | 235 | 198 | 195 | 201 | 205 | 230 | 249 | 271 | 264 | 270 | 260 | 270 | 273 |
| Change (%) | 2.35 | 12.27 | 21.05 | 37.21 | 15.54 | 10.52 | 9.03 | -15.41 | -1.54 | 2.79 | 1.95 | 12.50 | 8.24 | 8.83 | -2.58 | 2.10 | -3.59 | 3.59 | 1.16 | |
| % of Revenue | 97.88 | 84.06 | 87.85 | 96.57 | 126.41 | 128.12 | 123.89 | 114.59 | 96.13 | 95.56 | 93.52 | 90.89 | 86.35 | 81.34 | 79.59 | 75.60 | 72.76 | 68.52 | 64.97 | 64.54 |
| Gross Operating Profit | 2 | 17 | 14 | 4 | -35 | -43 | -41 | -30 | 8 | 9 | 14 | 21 | 36 | 57 | 70 | 85 | 101 | 120 | 145 | 150 |
| Change (%) | 795.04 | -18.09 | -68.97 | -908.03 | 21.41 | -2.92 | -27.99 | -126.78 | 13.41 | 53.40 | 47.56 | 77.37 | 57.09 | 21.61 | 22.61 | 18.43 | 18.30 | 21.57 | 3.12 | |
| % of Revenue | 2.12 | 15.94 | 12.15 | 3.43 | -26.41 | -28.12 | -23.89 | -14.59 | 3.87 | 4.44 | 6.48 | 9.11 | 13.65 | 18.66 | 20.41 | 24.40 | 27.24 | 31.48 | 35.03 | 35.46 |
| SG&A | 25 | 33 | 32 | 36 | 93 | 123 | 147 | 178 | 141 | 125 | 120 | 110 | 111 | 120 | 124 | 123 | 109 | 104 | 92 | 82 |
| Change (%) | 30.63 | -1.31 | 12.69 | 155.13 | 33.00 | 19.80 | 20.53 | -20.42 | -11.33 | -3.93 | -8.92 | 0.97 | 8.68 | 3.33 | -1.14 | -11.55 | -4.34 | -11.66 | -10.56 | |
| % of Revenue | 27.67 | 30.33 | 27.86 | 28.52 | 69.40 | 80.98 | 84.87 | 86.79 | 68.49 | 61.31 | 56.08 | 48.69 | 41.52 | 39.27 | 36.49 | 35.17 | 29.32 | 27.40 | 22.15 | 19.46 |
| R&D | 20 | 17 | 17 | 18 | 27 | 34 | 42 | 46 | 44 | 44 | 43 | 42 | 44 | 45 | 46 | 46 | 44 | 41 | 38 | 35 |
| Change (%) | -15.34 | 0.41 | 9.90 | 48.81 | 25.87 | 21.88 | 10.38 | -4.46 | -1.56 | -1.03 | -1.71 | 4.22 | 2.03 | 1.40 | 1.31 | -5.51 | -6.00 | -7.90 | -6.31 | |
| % of Revenue | 21.78 | 15.47 | 14.46 | 14.43 | 20.49 | 22.63 | 24.13 | 22.59 | 21.41 | 21.28 | 20.05 | 18.78 | 16.53 | 14.68 | 13.38 | 13.22 | 11.78 | 10.81 | 9.11 | 8.38 |
| OpEx | 133 | 140 | 150 | 177 | 288 | 352 | 405 | 459 | 384 | 364 | 364 | 357 | 385 | 415 | 441 | 434 | 422 | 405 | 399 | 390 |
| Change (%) | 5.04 | 7.69 | 18.02 | 62.51 | 22.12 | 14.87 | 13.36 | -16.25 | -5.14 | 0.02 | -2.07 | 7.98 | 7.65 | 6.43 | -1.77 | -2.59 | -4.03 | -1.49 | -2.24 | |
| % of Revenue | 147.33 | 129.86 | 130.17 | 139.52 | 216.30 | 231.73 | 232.89 | 223.97 | 186.02 | 178.15 | 169.65 | 158.36 | 144.39 | 135.28 | 129.46 | 123.99 | 113.86 | 106.73 | 96.24 | 92.38 |
| Operating Income | -43 | -32 | -35 | -50 | -155 | -200 | -231 | -254 | -178 | -160 | -150 | -132 | -118 | -108 | -100 | -84 | -51 | -26 | 16 | 32 |
| Change (%) | -24.81 | 8.54 | 44.25 | 208.45 | 29.11 | 15.31 | 9.96 | -30.03 | -10.01 | -6.40 | -12.10 | -9.92 | -8.68 | -7.14 | -16.48 | -38.72 | -50.26 | -160.97 | 106.61 | |
| % of Revenue | -47.33 | -29.86 | -30.17 | -39.52 | -116.30 | -131.73 | -132.89 | -123.97 | -86.02 | -78.15 | -69.65 | -58.36 | -44.39 | -35.28 | -29.46 | -23.99 | -13.86 | -6.73 | 3.76 | 7.62 |
| Interest Expense | -6 | -6 | -6 | -6 | -6 | -5 | -4 | -4 | -3 | -3 | -3 | -3 | -2 | -3 | -4 | -6 | -9 | -10 | -9 | -8 |
| Change (%) | 1.38 | 6.38 | 2.95 | -2.39 | -11.79 | -19.40 | -14.72 | -12.72 | 2.37 | -10.14 | -13.66 | -10.98 | 14.51 | 48.44 | 41.19 | 68.97 | 4.34 | -5.60 | -9.19 | |
| % of Revenue | -6.27 | -5.34 | -5.28 | -4.94 | -4.60 | -3.56 | -2.51 | -1.82 | -1.57 | -1.62 | -1.39 | -1.14 | -0.86 | -0.86 | -1.14 | -1.57 | -2.51 | -2.56 | -2.21 | -1.97 |
| Net Income | -47 | -34 | -39 | -58 | -164 | -206 | -234 | -251 | -171 | -158 | -144 | -126 | -115 | -106 | -102 | -177 | -138 | -195 | -109 | -113 |
| Change (%) | -29.10 | 15.38 | 49.52 | 183.40 | 25.60 | 13.31 | 7.31 | -31.84 | -7.56 | -8.97 | -12.56 | -8.27 | -7.93 | -4.47 | 74.29 | -22.24 | 41.98 | -44.31 | 4.14 | |
| % of Revenue | -52.57 | -31.27 | -33.59 | -45.61 | -123.31 | -135.87 | -134.69 | -122.63 | -82.89 | -77.36 | -67.04 | -55.88 | -43.28 | -34.68 | -29.79 | -50.63 | -37.11 | -51.46 | -26.23 | -26.82 |
Source: Capital IQ
