Saturday 17 October 2026
Export KULR’s income statement to Excel — free account
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. In the quarter to June 2026, revenue fell 43.1%, EPS fell 313.6%, free cash flow grew 75.4% and total debt rose 128,105.1%, each against the same quarter a year earlier. Revenue growth for five consecutive years.
1.73
0.13
−6.99%
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| Dec '25 | Dec '24 | Dec '23 | Dec '22 | Dec '21 | Dec '20 | Dec '19 | Dec '18 | Dec '17 | Dec '16 | |
|---|---|---|---|---|---|---|---|---|---|---|
Piotroski F-Score |
2 | 5 | 2 | 5 | 4 | 3 | 3 | 5 | — | — |
P/E ratio |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Altman Z-Score |
7.21 | 70.34 | (13.75) | 1.19 | 52.61 | 21.74 | (8.13) | 177.44 | — | — |
P/S ratio |
7.27 | 61.69 | 2.16 | 32.00 | 109.53 | 193.28 | 144.73 | 158.45 | 0.00 | 0.00 |
Altman Z″-Score (non-manufacturers) |
12.42 | 8.07 | (35.74) | (8.56) | 2.58 | 0.80 | (195.41) | (80.08) | (19.58) | — |
P/FCF ratio |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
P/Operating CF |
(8.49) | (136.78) | (19.78) | (32.06) | (187.32) | (184.30) | 6,751.96 | (686.17) | (375.66) | (375.66) |
Beneish M-Score |
3.05 | (0.32) | (6.76) | 2.64 | 68.21 | (1.27) | (19.84) | (7.53) | 20.76 | — |
P/B ratio |
0.97 | 11.53 | 0.00 | 12.18 | 16.15 | 19.71 | 0.00 | 0.00 | 156.93 | 156.93 |
Price to Tangible BV |
4.32 | 18.11 | 0.00 | 13.08 | 16.37 | 19.71 | 0.00 | 0.00 | 156.93 | 156.93 |
EV/Sales |
6.68 | 58.93 | 2.08 | 29.50 | 103.60 | 179.30 | 144.60 | 158.27 | 0.00 | 0.00 |
EV/EBITDA |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
EV/Operating CF |
(2.41) | (36.49) | (1.71) | (6.79) | (36.73) | (40.97) | (101.05) | (148.36) | (64.51) | (64.51) |
EV/FCF |
(0.84) | (16.25) | (1.57) | (5.88) | (34.77) | (40.29) | (99.66) | (144.94) | (64.51) | (64.51) |
Quick Ratio |
2.75 | 6.96 | 0.30 | 1.23 | 6.10 | 3.03 | 0.13 | 0.59 | 2.18 | 0.31 |
Current Ratio |
4.07 | 7.32 | 0.57 | 1.63 | 6.41 | 3.10 | 0.20 | 0.71 | 2.45 | 0.38 |
Net Debt/EBITDA |
0.32 | 2.43 | 0.05 | 0.58 | 1.26 | 4.79 | 0.06 | 0.11 | 0.36 | 0.00 |
Debt/Assets |
0.00% | 0.01% | 2.30% | 0.41% | 2.93% | 1.69% | 0.00% | 0.00% | 2.33% | 5.78% |
Debt/Equity |
0.00 | 0.00 | (0.11) | 0.01 | 0.03 | 0.03 | 0.00 | 0.00 | 0.04 | (0.04) |
Asset Turnover |
0.17 | 0.29 | 0.57 | 0.19 | 0.17 | 0.13 | 2.41 | 1.52 | 0.34 | 0.01 |
Operating CF/Net income |
0.73 | 0.99 | 0.51 | 0.89 | 0.47 | 0.96 | 0.60 | 0.66 | 0.41 | 0.72 |
Capex/Depreciation |
(56.47) | (7.31) | (0.36) | (4.18) | (2.98) | (0.09) | 0.00 | (1.08) | (5.89) | 0.00 |
Interest Coverage |
(268.92) | (72.62) | (31.20) | (19.54) | (3,488.91) | (441.58) | (1,237.06) | (2,602.00) | (219.41) | 0.00 |
| (69.15%) | (63.44%) | (570.17%) | (144.73%) | (129.30%) | (107.18%) | 429.41% | (669.77%) | (1,026.24%) | (348.06%) | |
| (64.51%) | (47.49%) | (137.39%) | (90.70%) | (102.22%) | (60.39%) | (575.61%) | (246.33%) | (350.23%) | (118.79%) | |
ROIC |
(24.81%) | (34.50%) | 0.00% | (4,428.03%) | (348.50%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Return on Tangible Assets |
(249.98%) | (52.82%) | (1,391.04%) | (210.16%) | (106.27%) | (45.61%) | 248.44% | 1,645.24% | (327.77%) | 307.86% |
Average Days of Receivables |
89.45 | 89.92 | 33.48 | 140.91 | 20.62 | 32.46 | 13.23 | 32.15 | 235.17 | 6,670.51 |
Research and Development Expense of Revenue |
66.51% | 44.13% | 72.59% | 105.05% | 68.89% | 46.44% | 60.48% | 39.88% | 340.03% | 6,155.07% |
Selling, General and Administrative Expense of Revenue |
171.28% | 148.82% | 192.70% | 411.90% | 462.60% | 398.51% | 250.59% | 197.08% | 717.95% | 5,769.57% |
Intangible Assets out of Total Assets |
0.73 | 0.33 | 0.07 | 0.03 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Share Based Compensation of Revenue |
40.34% | 25.08% | 35.63% | 104.52% | 174.07% | 55.11% | 26.57% | 35.93% | 253.90% | 0.00% |
Graham Net Nets |
0.15 | 0.04 | (0.43) | 0.02 | 0.05 | 0.05 | (0.01) | 0.00 | 0.01 | 0.01 |
Graham Number |
0.00 | 0.00 | 2.31 | 0.00 | 0.00 | 0.00 | 0.60 | 0.25 | 0.00 | 0.00 |
Earnings Yield |
(50.00%) | (2.82%) | (111.11%) | (14.88%) | (5.43%) | (2.36%) | (1.65%) | (1.02%) | (1.20%) | (1.20%) |
Free Cash Flow Yield |
(109.29%) | (5.88%) | (61.35%) | (15.67%) | (2.72%) | (2.30%) | (1.00%) | (0.69%) | (1.54%) | (1.54%) |
Revenue per Share |
0.41 | 0.46 | 0.67 | 0.30 | 0.20 | 0.06 | 0.08 | 0.13 | 0.03 | 0.00 |
Operating CF per Share |
(1.13) | (0.74) | (0.81) | (1.31) | (0.57) | (0.27) | (0.12) | (0.14) | (0.13) | (0.01) |
Capex per Share |
(2.11) | (0.93) | (0.07) | (0.24) | (0.05) | 0.00 | 0.00 | 0.00 | (0.01) | 0.00 |
Free Cash Flow per Share |
(3.23) | (1.67) | (0.88) | (1.56) | (0.62) | (0.27) | (0.12) | (0.14) | (0.13) | (0.01) |
Cash per Share |
0.33 | 1.28 | 0.08 | 0.78 | 1.24 | 0.87 | 0.01 | 0.02 | 0.11 | 0.00 |
Shareholders Equity per Share |
3.06 | 2.46 | (0.15) | 0.79 | 1.37 | 0.60 | (0.08) | (0.01) | 0.09 | (0.01) |
Interest Debt per Share |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Book value per Share |
3.06 | 2.46 | (0.15) | 0.79 | 1.37 | 0.60 | (0.08) | (0.01) | 0.09 | (0.01) |
Free Cash Flow |
(128.51) | (38.94) | (13.01) | (20.58) | (7.39) | (2.78) | (1.19) | (1.38) | (1.06) | (0.59) |
Working Capital |
19.28 | 29.50 | (2.99) | 6.06 | 13.30 | 6.19 | (0.82) | (0.17) | 0.70 | (0.27) |
Capital Expenditures |
(83.63) | (21.60) | (1.05) | (3.23) | (0.58) | (0.05) | — | (0.02) | (0.05) | — |
Net Current Asset Value |
18.20 | 28.66 | (9.14) | 2.60 | 12.90 | 6.05 | (0.82) | (0.17) | 0.70 | (0.27) |
EV/EBIT |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Capex to Sales |
5.17 | 2.01 | 0.11 | 0.81 | 0.24 | 0.07 | 0.00 | 0.01 | 0.22 | 0.00 |
Price to Operating Income |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other line items | ||||||||||
Depreciation/Fixed assets |
0.27 | 0.80 | 0.63 | 0.24 | 0.52 | 8.94 | 0.63 | 0.34 | 0.20 | 1.40 |
Cash ROIC |
(95.26%) | (44.62%) | 1,763.31% | (98.35%) | (23.24%) | (18.32%) | 172.69% | (1,312.69%) | (63.56%) | 239.22% |
Accounts Receivable Turnover |
4.89 | 6.05 | 8.05 | 4.76 | 25.16 | 14.58 | 11.67 | 9.65 | 1.70 | 0.05 |
Accounts Payable Turnover |
5.88 | 2.18 | 2.95 | 1.75 | 4.23 | 0.90 | 0.97 | 4.34 | 0.00 | 0.00 |
Inventory Turnover |
27.34 | 6.20 | 3.96 | 1.51 | 8.93 | 4.55 | 12.34 | 28.78 | 11.73 | 0.58 |
Average Days of Payables |
75.23 | 143.19 | 163.99 | 315.19 | 150.54 | 129.18 | 562.25 | 127.92 | 86.24 | 0.00 |
Days of Inventory on Hand |
13.78 | 37.89 | 68.03 | 439.21 | 63.36 | 107.81 | 43.67 | 10.41 | 32.16 | 611.49 |
Average Receivables |
3.30 | 1.77 | 1.22 | 0.84 | 0.10 | 0.04 | 0.07 | 0.13 | 0.14 | 0.14 |
Average Payables |
2.62 | 2.42 | 2.09 | 0.93 | 0.26 | 0.21 | 0.23 | 0.08 | — | — |
Average Inventory |
0.56 | 0.85 | 1.56 | 1.08 | 0.12 | 0.04 | 0.02 | 0.01 | 0.01 | 0.01 |
Average Assets |
95.95 | 36.90 | 17.25 | 21.43 | 14.22 | 4.72 | 0.34 | 0.84 | 0.69 | 0.69 |
Average Common Equity |
89.52 | 27.62 | 4.16 | 13.43 | 11.24 | 2.66 | (0.46) | 0.31 | 0.24 | 0.24 |
Columns are period end dates