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KULR Technology Group, Inc.

KULR Technology Electronic Components

KULR Technology Group, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $16.2 million, up 50.6% from fiscal 2024.

Revenue
−43.1%
EPS
−313.6%
Free cash flow
+75.4%
Total debt
+128,105.1%

Quarter to June 2026, against a year earlier

1.43 0.20 −12.27%
Market cap
$66.2M
P/E
0.0×
Fwd P/E
−1.2×
Dividend yield
—
F-score
2/9
Altman Z
7.21
Beneish M
3.05
Dividend safety
n/a
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

Insider Decisions last twelve months

Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 7.87%

Capital & Financial Ratios $m

Size
Market Cap 66.18
Revenue ttm 17.00
Net income ttm (102.23)
Free cash flow ttm (46.03)
Net debt Q (12.93)
Valuation
P/E 0.00
Forward P/E (1.15) (negative: loss-making)
Price / sales 3.90
Forward P/S Powerpack
Price / FCF 0.00
Price / book 0.91
Financial health
Current ratio Q 3.38 (at or above 1.5: strong)
Debt / equity Q 0.00 (at or below 0.5: strong)
Interest coverage Q (48.93)
Growth
Revenue growth Q −43.05% (below 0%: shrinking)
Operating income growth Q −18.55% (below 0%: shrinking)
EPS, this year +8.97%
EPS, next year A +62.68% (at or above 15%: strong)
Revenue, next year A −32.41% (below 0%: weak)
EPS, past 5 yrs —
EPS, next 5 yrs A +26.15% (at or above 15%: strong)

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

EV/Sales, ten years
EV/Sales is 3.4×, against a ten-year median of 57.6×; over the ten years it ranged from 1.7× in 2024 to 328× in 2021.
P/S against its own 10 years 4.27%
10-year low 10-year high
P/B against its own 10 years 2.67%
10-year low 10-year high
EV/Sales against its own 10 years 3.34%
10-year low 10-year high

Dividends

Yield
—
Annual rate
—
Payout ratio
—

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 1 30 13 13
Receivables 1 3 4 3
Inventory 1 1 1 2
Other 0 — 6 64
4 34 26 85
2023 2024 2025 Q'26
Payables 3 2 3 2
ST’ Debt — — — —
Other — — — —
7 5 6 25

Compound Annual Growth %

10y 5y 3y
Sales — 91.74% 59.37%
Cash Flow — 0.00% 0.00%
Earnings — 0.00% 0.00%
Book Value — 81.83% 126.30%

Earnings Trends EPS, adjusted, against the consensus

Q2 FY25 Estimate −0.12 Actual −0.15

Earnings per share against the consensus, by quarter
Quarter Estimate Reported Result
Q3 FY24 −0.16 −0.08 Beat by 0.08
Q4 FY24 −0.16 −0.16 Met by 0.00
Q1 FY25 −0.16 −0.32 Miss by 0.16
Q2 FY25 −0.12 −0.15 Miss by 0.03

EPS $

Mar Jun Sep Dec Year
’26 (0.61) (0.47) — — —
’25 (0.56) 0.22 (0.17) (0.97) (1.56)
’24 (0.32) (0.24) (0.08) (0.16) (0.72)
’23 (0.48) (0.40) (0.40) (0.32) (1.60)
’22 (0.32) (0.40) (0.40) (0.32) (1.44)
’21 (0.16) (0.48) (0.24) (0.32) (1.20)
’20 (0.05) (0.04) (0.10) (0.08) (0.28)
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 5 2 — — —
’25 2 4 7 3 16
’24 2 2 3 3 11
’23 2 3 3 2 10
’22 0 1 1 2 4
’21 0 1 1 1 2
’20 0 0 0 0 1
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 (9) (9) — — —
’25 (10) (12) (10) (14) (45)
’24 (4) (5) (3) (5) (17)
’23 (5) (5) (1) (1) (12)
’22 (5) (4) (4) (4) (17)
’21 (2) (2) (1) (1) (7)
’20 (1) (1) (1) (1) (3)
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (10) (9) — — —
’25 (54) (37) (20) (17) (129)
’24 (4) (5) (3) (26) (39)
’23 (5) (6) (1) (1) (13)
’22 (5) (5) (7) (4) (21)
’21 (2) (2) (3) (1) (7)
’20 (1) (1) (1) (1) (3)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Jun ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue 0 0 1 1 1 2 4 10 11 16 17 +136.8% 11 22 — +16.6%
Gross margin, % (11.59) 33.53 73.58 72.72 69.89 54.32 59.18 37.29 51.07 4.77 3.70 +16.4 pt
EBT (1) (2) (2) (2) (3) (12) (19) (24) (18) (62) (101) +61.6%
EBT margin, % (11,905.80) (1,029.07) (161.55) (238.42) (456.75) (493.65) (486.57) (241.03) (163.20) (382.80) (596.18) +11,523.0 pt
Net income (1) (2) (2) (2) (3) (12) (19) (24) (18) (62) (102) +61.6%
Per share, $
Per share, $ Revenue 0.00 0.03 0.13 0.08 0.06 0.20 0.30 0.67 0.46 0.41 0.37 +133.1%
Earnings (0.02) (0.30) (0.21) (0.20) (0.26) (1.20) (1.44) (1.60) (0.72) (1.56) (2.22) +62.3%
Cash flow (0.01) (0.13) (0.14) (0.12) (0.27) (0.57) (1.31) (0.81) (0.74) (1.13) (0.89) +63.1%
Capex 0.00 (0.01) 0.00 0.00 0.00 (0.05) (0.24) (0.07) (0.93) (2.11) (0.11) n/m
Free cash flow (0.01) (0.13) (0.14) (0.12) (0.27) (0.62) (1.56) (0.88) (1.67) (3.23) (0.99) +83.4%
Book value (0.01) 0.09 (0.01) (0.08) 0.60 1.37 0.79 (0.15) 2.46 3.06 1.57 n/m
Shares, m 43 8 10 10 10 12 13 15 23 40 43 (0.9%)
Valuation, ×
Valuation, × P/E 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.0
P/S 0.00 0.00 158.45 144.73 193.28 109.53 32.00 2.19 61.69 7.27 3.90 70.9
P/B 156.93 156.93 0.00 0.00 19.71 16.15 12.18 0.00 11.53 0.97 0.91 37.4
EV/Sales 0.00 0.00 158.27 144.60 179.30 103.60 29.50 2.11 58.93 6.68 3.43 68.3
EV/FCF (64.51) (64.51) (144.94) (99.66) (40.29) (34.77) (5.88) (1.59) (16.25) (0.84) (0.46) (47.3)
Cash, $m
Cash, $m Operating cash flow (1) (1) (1) (1) (3) (7) (17) (12) (17) (45) (41) +61.7%
Capex — 0 0 — 0 (1) (3) (1) (22) (84) (5) +151.8%
Free cash flow (1) (1) (1) (1) (3) (7) (21) (13) (39) (129) (46) +81.7%
Balance, $m
Balance, $m Working capital 0 1 0 (1) 6 13 6 (3) 29 19 60 n/m
Net debt 0 (1) 0 0 (9) (14) (10) (1) (30) (13) (13) n/m
Shareholders’ equity 0 1 0 (1) 6 16 10 (2) 57 122 73 n/m
Returns, %
Returns, % ROA (118.79) (350.23) (246.33) (575.61) (60.39) (102.22) (90.70) (137.39) (47.49) (64.51) (83.90) +54.3 pt
ROIC 0.00 0.00 0.00 0.00 0.00 (348.50) (4,428.03) 0.00 (34.50) (24.81) (44.74) (24.8) pt
ROE (348.06) (1,026.24) (669.77) 429.41 (107.18) (129.30) (144.73) (570.17) (63.44) (69.15) (96.95) +278.9 pt
People
People Employees — — 12 11 9 52 62 57 52 47 — +21.5%
Revenue/emp, $m 0.00 0.00 0.11 0.08 0.07 0.05 0.06 0.17 0.21 0.34 — n/m
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

KULR Technology Group, Inc. vs peers in Electronic Components (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
MPTI M-tron Industries, Inc. $249.1M 19.7× 29.6× +13.76% (above 0%: growing) −16.36% (below 0%: shrinking) +35.44% (above 0%: growing) 41.21% 11.38% Compare
RELL Richardson Electronics, Ltd. $242.7M 28.1× 25.3× +18.89% (above 0%: growing) +115.38% (above 0%: growing) +1,121.05% (above 0%: growing) 34.64% 7.88% Compare
OPTX Syntec Optics Holdings, Inc. $151.7M — (loss-making) — +26.14% (above 0%: growing) n/m −96.13% (below 0%: shrinking) 25.90% 3.88% Compare
CPSH CPS Technologies Corp. $69.8M — (loss-making) 359× +2.85% (above 0%: growing) −71.83% (below 0%: shrinking) −601.34% (below 0%: shrinking) 14.79% (3.11%) Compare
KULR KULR Technology Group, Inc. $66.2M — (loss-making) — (loss-making) −43.05% (below 0%: shrinking) n/m +75.36% (above 0%: growing) (30.71%) (538.63%)
DSWL Deswell Industries, Inc. $47.0M 5.1× — −5.16% (below 0%: shrinking) n/m +833.46% (above 0%: growing) 19.51% 0.00% Compare
LINK Interlink Electronics, Inc. $46.0M — (loss-making) — (loss-making) +10.43% (above 0%: growing) +130.88% (above 0%: growing) −100.70% (below 0%: shrinking) 44.35% 6.53% Compare
ELTK Eltek Ltd. $40.5M — (loss-making) 8.4× −7.94% (below 0%: shrinking) n/m +94.44% (above 0%: growing) (8.36%) (22.07%) Compare
DAIO Data I/O Corporation $24.6M — (loss-making) — (loss-making) −13.43% (below 0%: shrinking) n/m −397.95% (below 0%: shrinking) 57.00% (14.06%) Compare
Median of peers $58.4M 19.7× 27.5× +6.64% +49.51% −30.34% 30.27% 1.94%

All 44 Electronic Components stocks →

Pay and ownership Proxy statement filed 6 October 2025

Chief executive’s pay

Year Total pay Actually paid $100 invested
2024 475.24k 3.94m 128.62
2023 333.65k (1.14m) 6.88
2022 1.75m (610.84k) 43.48

Ownership

Directors and executive officers, together 72.12%
Michael Mo - CEO and Chairman 72.02%
BlackRock, Inc. 1.58%
Total pay is as the Summary Compensation Table states it; actually paid revalues the year’s share awards at its end, as the SEC’s pay-versus-performance rule asks. $100 invested is what $100 in the company’s shares at the start of the earliest year shown was worth at each year’s end. Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

KULR Technology Group, Inc. (KULR) Latest News

1 Oct

Impact 4 · · GlobeNewswire

27 Aug

Impact 3 ·

20 Aug

Impact 4 · · The Motley Fool transcript

14 Aug

Impact 4 · transcript
Impact 3 · · Moby transcript
Impact 3 · · MarketBeat transcript

15 Jul

Impact 3 ·

26 Jun

Impact 3 ·

24 Jun

Impact 3 ·

6 Jun

Impact 3 · · Simply Wall St.

2 Jun

Impact 4 · · GlobeNewswire

23 May

Impact 4 · · Simply Wall St.

21 May

Impact 4 · · GlobeNewswire

18 May

Impact 4 · · GlobeNewswire

17 May

Impact 3 · · Simply Wall St.

15 May

Impact 4 · · GuruFocus.com
Impact 3 · · MarketBeat
Impact 3 · · Moby transcript

29 Apr

Impact 4 · · GlobeNewswire

28 Apr

Impact 3 · · GlobeNewswire

1 Apr

Impact 4 · · Moby

31 Mar

Impact 4 · · GuruFocus.com
Impact 4 · · MarketBeat

26 Mar

Impact 4 · · GlobeNewswire

18 Feb

Impact 4 · · GlobeNewswire

4 Feb

Impact 4 · · ZacksZacksSimply Wall St.ZacksSimply Wall St.StockStorySimply Wall St.

16 Jan

Impact 4 · · Simply Wall St.

15 Jan

Impact 4 · · Zacks
Impact 4 ·

14 Jan

Impact 4 · · GlobeNewswire
stockrow.com/KULR · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com