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Income Statement (USD)
| Q3 '25 | QoQ | |
|---|---|---|
| Revenue | 123M | 35% |
| Gross Profit | 46M | 46.3% |
| Cost of Revenue | 77M | 29% |
| Operating expense | 33M | 115.5% |
| Net Income | -1.5M | 98.6% |
| EBITDA | 8.8M | 109.1% |
Balance Sheet (USD)
| Q3 '25 | QoQ | |
|---|---|---|
| Total Assets | 1.01B | 0.9% |
| Total Liabilities | 655M | 1.1% |
| Total Equity | 358M | 0.6% |
| Shares Outstanding | 324M | 0% |
Cash Flow (USD)
| Q3 '25 | QoQ | |
|---|---|---|
| Cash from operations | 15M | 59.2% |
| Cash from investing | -10M | 277.9% |
| Cash from financing | -2.7M | 83.1% |
EPS
Financial Highlights for Microvast in Q3 '25
Microvast reported a revenue of 123M, which is a 35% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 46M, marking a 46.3% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 77M, a 29% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 33M, showing a 115.5% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was -1.5M, showing a 98.6% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was 8.8M, showing a 109.1% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
It was a positive quarter for Microvast with growth in revenue, gross profit, and net income. Higher operating expenses might indicate increased investments or potential inefficiencies.
