KULR Financial Statements

Balance sheet, income statement, cash flow, and dividends for Kulr Technology Group Inc (KULR).


$760.51M Market Cap.

As of 03/31/2025 5:00 PM ET (MRY) • Disclaimer

KULR Market Cap. (MRY)


KULR Shares Outstanding (MRY)


KULR Assets (MRY)


Total Assets

$62.93M

Total Liabilities

$5.50M

Total Investments

$20.28M

KULR Income (MRY)


Revenue

$10.74M

Net Income

-$17.52M

Operating Expense

$20.72M

KULR Cash Flow (MRY)


CF Operations

-$17.34M

CF Investing

-$21.60M

CF Financing

$67.57M

KULR Dividends (MRY)


Period

Dividends

Yield %

Growth %

Payout Ratio

Coverage Ratio

2024

$0

0%

0%

0%

-

2023

$0

0%

0%

0%

-

2022

$0

0%

0%

0%

-

2021

$0

0%

0%

0%

-

2020

$0

0%

-

0%

-

KULR Balance Sheet (MRY)


Metric

2024

2023

2022

2021

Total Assets

$62,927,187 (479.21%)

$10,864,356 (-54.02%)

$23,625,930 (22.85%)

$19,231,303 (108.85%)

Assets Current

$34,164,055 (775.03%)

$3,904,344 (-75.19%)

$15,735,984 (-0.16%)

$15,761,298 (72.41%)

Assets Non-Current

$28,763,132 (313.26%)

$6,960,012 (-11.79%)

$7,889,946 (127.38%)

$3,470,005 (5111.39%)

Goodwill & Intangible Assets

$577,099 (-19.78%)

$719,395 (-0.19%)

$720,768 (232.22%)

$216,952 (0%)

Shareholders Equity

$57,427,985 (2731.06%)

-$2,182,696 (-120.80%)

$10,493,733 (-35.88%)

$16,365,042 (167.47%)

Property Plant & Equipment Net

$6,254,705 (1.54%)

$6,159,782 (-12.46%)

$7,036,919 (120.31%)

$3,194,112 (5420.70%)

Cash & Equivalents

$29,831,858 (2396.88%)

$1,194,764 (-88.44%)

$10,333,563 (-30.48%)

$14,863,301 (67.38%)

Accumulated Other Comprehensive Income

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Deferred Revenue

$32,768 (-94.05%)

$551,021 (2295.74%)

$23,000 (-82.62%)

$132,303 (561.51%)

Total Investments

$20,281,184 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Investments Current

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Investments Non-Current

$20,281,184 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Inventory

$545,467 (-52.53%)

$1,149,047 (-41.44%)

$1,962,035 (925.57%)

$191,311 (245.00%)

Trade & Non-Trade Receivables

$4,091,679 (353.79%)

$901,672 (-41.53%)

$1,542,118 (1031.20%)

$136,326 (145.67%)

Trade & Non-Trade Payables

$2,061,266 (-25.57%)

$2,769,544 (96.70%)

$1,408,017 (209.79%)

$454,507 (583.09%)

Accumulated Retained Earnings (Deficit)

-$83,811,223 (-26.44%)

-$66,287,594 (-55.63%)

-$42,594,038 (-83.93%)

-$23,157,559 (-105.91%)

Tax Assets

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Tax Liabilities

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Total Debt

$1,846,046 (-69.94%)

$6,142,056 (-31.38%)

$8,950,248 (1489.39%)

$563,124 (-77.27%)

Debt Current

$1,012,478 (0%)

$0 (0%)

$5,655,612 (3543.47%)

$155,226 (-93.35%)

Debt Non-Current

$833,568 (-86.43%)

$6,142,056 (86.43%)

$3,294,636 (707.71%)

$407,898 (186.67%)

Total Liabilities

$5,499,202 (-57.85%)

$13,047,052 (-0.65%)

$13,132,197 (358.16%)

$2,866,261 (-7.23%)

Liabilities Current

$4,665,634 (-32.37%)

$6,899,097 (-28.73%)

$9,680,507 (293.78%)

$2,458,363 (-16.59%)

Liabilities Non-Current

$833,568 (-86.44%)

$6,147,955 (78.11%)

$3,451,690 (746.21%)

$407,898 (186.67%)

KULR Income Statement (MRY)


Metric

2024

2023

2022

2021

Revenues

$10,737,481 (9.23%)

$9,830,166 (146.08%)

$3,994,634 (65.56%)

$2,412,868 (286.70%)

Cost of Revenue

$5,254,283 (-14.76%)

$6,164,310 (278.06%)

$1,630,527 (47.96%)

$1,102,038 (486.49%)

Selling General & Administrative Expense

$15,979,852 (-19.63%)

$19,882,402 (19.25%)

$16,672,526 (49.37%)

$11,162,062 (348.87%)

Research & Development Expense

$4,738,305 (-23.52%)

$6,195,400 (55.76%)

$3,977,563 (139.30%)

$1,662,183 (473.62%)

Operating Expenses

$20,718,157 (-20.55%)

$26,077,802 (26.28%)

$20,650,089 (61.02%)

$12,824,245 (361.89%)

Interest Expense

$209,817 (-70.79%)

$718,420 (-23.24%)

$935,874 (27953.78%)

$3,336 (-36.67%)

Income Tax Expense

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Loss Income from Discontinued Operations

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Consolidated Income

-$17,523,629 (26.04%)

-$23,693,556 (-21.90%)

-$19,436,479 (-63.18%)

-$11,911,151 (-317.92%)

Net Income to Non-Controlling Interests

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Income

-$17,523,629 (26.04%)

-$23,693,556 (-21.90%)

-$19,436,479 (-63.18%)

-$11,911,151 (-317.92%)

Preferred Dividends Income Statement Impact

$0 (0%)

$0 (0%)

$0 (0%)

$2,624,326 (155093.73%)

Net Income Common Stock

-$17,523,629 (26.04%)

-$23,693,556 (-21.90%)

-$19,436,479 (-33.72%)

-$14,535,477 (-409.70%)

Weighted Average Shares

$186,597,133 (58.37%)

$117,820,740 (11.51%)

$105,655,773 (10.35%)

$95,749,620 (16.72%)

Weighted Average Shares Diluted

$186,597,133 (58.37%)

$117,820,740 (11.51%)

$105,655,773 (10.35%)

$95,749,620 (16.72%)

Earning Before Interest & Taxes (EBIT)

-$17,313,812 (24.64%)

-$22,975,136 (-24.19%)

-$18,500,605 (-55.37%)

-$11,907,815 (-318.58%)

Gross Profit

$5,483,198 (49.57%)

$3,665,856 (55.06%)

$2,364,107 (80.35%)

$1,310,830 (200.61%)

Operating Income

-$15,234,959 (32.02%)

-$22,411,946 (-22.56%)

-$18,285,982 (-58.82%)

-$11,513,415 (-391.94%)

KULR Cash Flow Statement (MRY)


Metric

2024

2023

2022

2021

Net Cash Flow from Investing

-$21,596,192 (-1964.42%)

-$1,046,113 (77.49%)

-$4,647,974 (-69.81%)

-$2,737,235 (-5839.28%)

Net Cash Flow from Financing

$67,574,961 (1644.91%)

$3,872,701 (-77.84%)

$17,472,361 (12.54%)

$15,526,070 (34.45%)

Net Cash Flow from Operations

-$17,341,675 (-44.93%)

-$11,965,387 (31.05%)

-$17,354,125 (-154.99%)

-$6,805,674 (-149.27%)

Net Cash Flow / Change in Cash & Cash Equivalents

$28,637,094 (413.36%)

-$9,138,799 (-101.75%)

-$4,529,738 (-175.71%)

$5,983,161 (-31.79%)

Net Cash Flow - Business Acquisitions and Disposals

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Cash Flow - Investment Acquisitions and Disposals

-$21,000,010 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Capital Expenditure

-$596,182 (34.57%)

-$911,113 (77.80%)

-$4,104,402 (-61.77%)

-$2,537,235 (-5405.32%)

Issuance (Repayment) of Debt Securities

-$613,050 (-195.05%)

$645,000 (-95.47%)

$14,238,068 (605.79%)

-$2,815,000 (-202.32%)

Issuance (Purchase) of Equity Shares

$68,760,220 (1768.10%)

$3,680,751 (10.72%)

$3,324,293 (-71.93%)

$11,841,070 (34.61%)

Payment of Dividends & Other Cash Distributions

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Effect of Exchange Rate Changes on Cash

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Share Based Compensation

$2,692,687 (-23.13%)

$3,502,736 (-16.10%)

$4,175,014 (-0.60%)

$4,200,091 (1121.48%)

Depreciation Amortization & Accretion

$2,248,170 (-8.80%)

$2,464,988 (444.74%)

$452,505 (108.68%)

$216,845 (1277.14%)

KULR Financial Metrics (MRY)


Metric

2024

2023

2022

2021

Gross Margin

51.10% (37.00%)

37.30% (-36.99%)

59.20% (9.02%)

54.30% (-22.32%)

Profit Margin

-163.20% (32.28%)

-241.00% (50.47%)

-486.60% (19.22%)

-602.40% (-31.82%)

EBITDA Margin

-140.30% (32.74%)

-208.60% (53.83%)

-451.80% (6.75%)

-484.50% (-6.86%)

Return on Average Equity (ROAE)

-101.50% (88.52%)

-884.40% (-395.18%)

-178.60% (-41.52%)

-126.20% (63.09%)

Return on Average Assets (ROAA)

-71.50% (55.62%)

-161.10% (-76.07%)

-91.50% (13.11%)

-105.30% (-33.80%)

Return on Sales (ROS)

-161.20% (31.02%)

-233.70% (49.54%)

-463.10% (6.16%)

-493.50% (-8.25%)

Return on Invested Capital (ROIC)

-143.30% (52.68%)

-302.80% (53.04%)

-644.80% (11.31%)

-727.00% (-168.53%)

Dividend Yield

0% (0%)

0% (0%)

0% (0%)

0% (0%)

Price to Earnings Ratio (P/E)

-39.44 (-4164.22%)

-0.93 (86.13%)

-6.67 (63.77%)

-18.4 (62.45%)

Price to Sales Ratio (P/S)

61.69 (2682.68%)

2.22 (-93.01%)

31.74 (-71.02%)

109.53 (-43.33%)

Price to Book Ratio (P/B)

13.24 (222.18%)

-10.84 (-184.07%)

12.89 (-26.98%)

17.66 (-11.76%)

Debt to Equity Ratio (D/E)

0.1 (101.61%)

-5.98 (-577.78%)

1.25 (614.86%)

0.17 (-65.35%)

Earnings Per Share (EPS)

-0.09 (55.00%)

-0.2 (-11.11%)

-0.18 (-20.00%)

-0.15 (-400.00%)

Sales Per Share (SPS)

0.06 (-30.12%)

0.08 (118.42%)

0.04 (52.00%)

0.03 (212.50%)

Free Cash Flow Per Share (FCFPS)

-0.1 (11.93%)

-0.11 (46.31%)

-0.2 (-107.14%)

-0.1 (-188.24%)

Book Value Per Share (BVPS)

0.31 (1721.05%)

-0.02 (-119.19%)

0.1 (-42.11%)

0.17 (128.00%)

Tangible Assets Book Value Per Share (TABVPS)

0.33 (288.37%)

0.09 (-60.37%)

0.22 (9.05%)

0.2 (77.68%)

Enterprise Value Over EBIT (EV/EBIT)

-44 (-4300.00%)

-1 (83.33%)

-6 (73.91%)

-23 (46.51%)

Enterprise Value Over EBITDA (EV/EBITDA)

-50.6 (-3553.29%)

-1.39 (79.04%)

-6.61 (72.27%)

-23.83 (45.02%)

Asset Turnover

0.44 (-34.43%)

0.67 (255.32%)

0.19 (7.43%)

0.17 (1.74%)

Current Ratio

7.32 (1193.64%)

0.57 (-65.19%)

1.63 (-74.64%)

6.41 (106.67%)

Dividends

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Free Cash Flow (FCF)

-$17,937,857 (-39.31%)

-$12,876,500 (39.99%)

-$21,458,527 (-129.68%)

-$9,342,909 (-236.52%)

Enterprise Value (EV)

$762,292,506 (2583.96%)

$28,401,755 (-76.19%)

$119,282,806 (-57.19%)

$278,614,661 (127.21%)

Earnings Before Tax (EBT)

-$17,523,629 (26.04%)

-$23,693,556 (-21.90%)

-$19,436,479 (-63.18%)

-$11,911,151 (-317.92%)

Earnings Before Interest Taxes & Depreciation Amortization (EBITDA)

-$15,065,642 (26.55%)

-$20,510,148 (-13.64%)

-$18,048,100 (-54.38%)

-$11,690,970 (-313.24%)

Invested Capital

$29,698,642 (262.48%)

$8,193,156 (-30.81%)

$11,841,340 (424.93%)

$2,255,811 (1685.58%)

Working Capital

$29,498,421 (1085.00%)

-$2,994,753 (-149.46%)

$6,055,477 (-54.48%)

$13,302,935 (114.76%)

Tangible Asset Value

$62,350,088 (514.59%)

$10,144,961 (-55.71%)

$22,905,162 (20.46%)

$19,014,351 (106.50%)

Market Capitalization

$760,508,718 (3114.50%)

$23,658,665 (-82.51%)

$135,295,904 (-53.18%)

$288,973,951 (136.01%)

Average Equity

$17,256,676 (544.13%)

$2,679,056 (-75.39%)

$10,884,223 (-5.48%)

$11,515,703 (1280.73%)

Average Assets

$24,494,635 (66.52%)

$14,709,672 (-30.74%)

$21,237,304 (53.88%)

$13,801,008 (281.05%)

Invested Capital Average

$12,080,686 (59.19%)

$7,588,814 (164.48%)

$2,869,306 (75.18%)

$1,637,872 (710.80%)

Shares

214,227,808 (67.52%)

127,884,674 (13.43%)

112,746,587 (7.68%)

104,700,707 (25.70%)