KULR NYSE Electronic Components & Accessories Financials FY2016βFY2025
KULR Technology Group, Inc. had $16.2M of revenue in fiscal 2025, up 50.6% on the year before. Over five years, revenue changed +91.7% a year on average.
Last close Β· Oct 23, 2026
$1.59
0.0%Hi! I read KULR Technology Group, Inc.βs latest annual report (fiscal 2025). Here is what stands out:
Good So-so Weak
Are sales growing?
+50.6%
Yes. Sales grew 50.6% last year.
Does it make a profit?
β382.8%
No. It lost money last year.
Does profit turn into cash?
β296.0%
No. It spent more cash than it brought in.
How healthy are the accounts?
1 / 8
Weak. It passes 1 of 8 health tests.
How is the share priced?
β
No P/E: it made no profit over the last four quarters.
Rules of thumb on reported numbers. A starting point, not a recommendation.
Is it selling more, and how much does it keep?
KIRA Β· KULR Technology Group, Inc. had $16.2M of revenue in fiscal 2025, up 50.6% on the year before. Over five years, revenue changed +91.7% a year on average. Its operating margin was β265.9%, down 124.0Β pts: of every 100 in sales, about β266 is left after running the business.
In plain words: Revenue is all the money customers paid. The margins show how many cents of each dollar of sales are left over at each step: after making the product (gross), after running the business (operating) and after everything, tax included (net).
Revenue
Revenue
Margins, % of revenue
Margins, % of revenue
KIRA Β· KULR Technology Group, Inc. lost $61.9M in fiscal 2025.
Loss periods are shown in red.
In plain words: Net income is the profit left after every cost and tax. Earnings per share (EPS) splits that profit across every share, so it shows what one share earned.
Net income
Net income
Diluted EPS
Diluted EPS
How much cash comes in, and where does it go?
KIRA Β· Free cash flow was β$47.9M in fiscal 2025, β296.0% of revenue.
Cash from operations minus capital spending.
In plain words: Profit on paper is not the same as cash in the bank. Free cash flow is the cash left after paying to run and maintain the business: the money it can hand back to shareholders, save or invest.
Free cash flow
Free cash flow
Cash from operations vs capital spending
Cash from operations vs capital spending
KIRA Β· KULR Technology Group, Inc. returned $0.1M to shareholders in fiscal 2025. The diluted share count rose 70.3%.
In plain words: Companies hand cash back in two ways: dividends (cash paid to shareholders) and buybacks (buying back their own shares, so each remaining share owns a bigger slice).
Dividends and buybacks
Dividends and buybacks
Diluted shares outstanding (annual)
KIRA Β· No open-market insider trades in the last 12 months.
Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. βPlanβ marks trades under a pre-arranged Rule 10b5-1 plan.
In plain words: Insiders are the people who run or own a big part of the company. Buying with their own money can signal confidence; selling often has personal reasons, like taxes or diversifying.
Bought, 12 months
$0.0M
0 insiders
Sold, 12 months
$0.0M
0 insiders
Of sales under plans
β
$0.0M
| Date | Insider | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Oct 3, 2025 | Joanna D. MasseyDirector | Sold plan | 10,000 | $5.47 | $0.1M | Form 4 |
Can it carry its debts, and how well does it use its money?
Cash, debt and the ratios that show how comfortably KULR Technology Group, Inc. can carry it.
In plain words: What the company owns and what it owes. More cash than debt is a cushion for bad times; a lot of debt leaves less room when business slows down.
Cash vs debt (incl. leases)
| Fiscal year end | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Cash and short-term investments | $14.9M | $10.3M | $1.2M | $29.8M | $13.3M |
| Interest coverage | β | β64.8x | β31.4x | β72.6x | β268.9x |
| Current ratio | 6.4x | 1.6x | 0.6x | 7.3x | 4.1x |
| Quick ratio | 6.3x | 1.4x | 0.4x | 7.2x | 4.0x |
| Total assets | $19.2M | $23.6M | $10.9M | $62.9M | $129M |
| Total liabilities | $2.9M | $13.1M | $13.0M | $5.5M | $7.4M |
| Shareholders' equity | $16.4M | $10.5M | β$2.2M | $57.4M | $122M |
| Net debt (β = net cash) | β | β | β | β | β |
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
In plain words: How much profit the business makes on the money put into it. A higher percentage means each dollar invested works harder.
Return on capital, equity and assets (annual)
KIRA Β· KULR Technology Group, Inc. passes 1 of 8 financial health tests (Piotroski F-score).
Nine pass/fail tests of profitability, funding and efficiency. 8β9 is strong, 0β2 weak.
In plain words: Nine yes/no tests of financial health, one point each. A green tick is a pass: 7 to 9 points is solid, 0 to 3 is weak.
| Test | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net income is positive | β | β | β | β | β | β | β | β | β | β |
| Cash from operations is positive | β | β | β | β | β | β | β | β | β | β |
| Return on assets rose | β | β | β | β | β | β | β | β | β | β |
| Cash from operations exceeds net income | β | β | β | β | β | β | β | β | β | β |
| Debt fell relative to assets | β | β | β | β | β | β | β | β | β | β |
| Current ratio rose | β | β | β | β | β | β | β | β | β | β |
| Share count didn't rise | β | β | β | β | β | β | β | β | β | β |
| Gross margin rose | β | β | β | β | β | β | β | β | β | β |
| Revenue rose relative to assets | β | β | β | β | β | β | β | β | β | β |
| F-score | β / 3 | 5 / 8 | 3 / 8 | 2 / 8 | 3 / 8 | 3 / 8 | 3 / 8 | 2 / 8 | 5 / 8 | 1 / 8 |
| Accruals ratio | β138.4% | β204.9% | β83.7% | β230.1% | β2.5% | β35.9% | β9.7% | β68.0% | β0.5% | β17.7% |
| Altman Z'' | β83.83 | β19.58 | β80.08 | β195.41 | 0.80 | 2.58 | β8.56 | β35.74 | 8.07 | 12.42 |
Every number, year by year.
Amounts in USD. Hover a ratioβs name for its definition.
In plain words: Every number we have, year by year. Download it as a spreadsheet if you want to dig deeper.
| Fiscal year | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||||
| Revenue | $0.0M | $0.2M | $1.3M | $0.8M | $0.6M | $2.4M | $4.0M | $9.8M | $10.7M | $16.2M |
| Gross profit | β$0.0M | $0.1M | $0.9M | $0.6M | $0.4M | $1.3M | $2.4M | $3.7M | $5.5M | $0.8M |
| Research and development | $0.0M | $0.4M | $0.5M | $0.5M | $0.3M | $1.7M | $4.2M | $7.1M | $4.7M | $10.8M |
| Operating income | β$0.8M | β$2.4M | β$2.1M | β$2.0M | β$2.3M | β$11.5M | β$18.3M | β$22.4M | β$15.2M | β$43.0M |
| Interest expense | $0.0M | $0.0M | β | β | β | β | $0.3M | $0.7M | $0.2M | $0.2M |
| Pretax income | β$0.8M | β$2.4M | β | β | β | β | β | β | β$17.5M | β$61.9M |
| Income tax | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | β | β | β | β |
| Net income | β$0.8M | β$2.4M | β$2.1M | β$2.0M | β$2.9M | β$11.9M | β$19.4M | β$23.7M | β$17.5M | β$61.9M |
| Net income to common | β | β | β | β$2.0M | β$2.9M | β$14.5M | β$19.4M | β$23.7M | β | β |
| Diluted EPS | β$0.02 | β$0.04 | β$0.03 | β$0.02 | β$0.03 | β$0.15 | β$0.18 | β$0.20 | β$0.75 | β$1.56 |
| Diluted shares | 0.04B | 0.06B | 0.08B | 0.08B | 0.08B | 0.10B | 0.11B | 0.12B | 0.02B | 0.04B |
| Cash flow | ||||||||||
| Cash from operations | β$0.6M | β$1.0M | β$1.4M | β$1.2M | β$2.7M | β$6.8M | β$17.4M | β$12.0M | β$17.3M | β$44.9M |
| Capital expenditure | $0.0M | $0.1M | $0.0M | $0.0M | $0.0M | $0.4M | $2.7M | $0.3M | $0.6M | $3.0M |
| Free cash flow | β$0.6M | β$1.1M | β$1.4M | β$1.2M | β$2.8M | β$7.2M | β$20.0M | β$12.2M | β$17.9M | β$47.9M |
| Depreciation and amortization | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.1M | $0.3M | $2.2M | $1.8M | $1.4M |
| Stock-based compensation | $0.0M | $0.6M | $0.5M | $0.2M | $0.3M | $4.2M | $4.2M | $3.5M | $2.7M | $6.5M |
| Share buybacks | β | β | β | β | β | β | β | $0.2M | $0.5M | $0.1M |
| Dividends and buybacks | β | β | β | β | β | β | β | $0.2M | $0.5M | $0.1M |
| Balance sheet | ||||||||||
| Cash and short-term investments | $0.0M | $0.9M | $0.2M | $0.1M | $8.9M | $14.9M | $10.3M | $1.2M | $29.8M | $13.3M |
| Finance lease liabilities | β | β | β | β | β | β | β | β | $0.0M | β |
| Current assets | $0.2M | $1.2M | $0.4M | $0.2M | $9.1M | $15.8M | $15.7M | $3.9M | $34.2M | $25.6M |
| Current liabilities | $0.4M | $0.5M | $0.6M | $1.0M | $2.9M | $2.5M | $9.7M | $6.9M | $4.7M | $6.3M |
| Inventory | $0.0M | $0.0M | $0.0M | $0.0M | $0.1M | $0.2M | $2.0M | $1.1M | $0.5M | $0.6M |
| Property and equipment, net | $0.0M | $0.0M | $0.0M | $0.0M | $0.1M | $0.4M | $3.2M | $4.7M | $3.7M | $5.5M |
| Intangible assets | β | β | β | β | β | $0.2M | $0.7M | $0.7M | $0.6M | $0.4M |
| Total assets | $0.2M | $1.2M | $0.5M | $0.2M | $9.2M | $19.2M | $23.6M | $10.9M | $62.9M | $129M |
| Total liabilities | $0.2M | $0.5M | $0.6M | $1.0M | $3.1M | $2.9M | $13.1M | $13.0M | $5.5M | $7.4M |
| Preferred stock | $0.0M | $0.0M | β | β | β | β | β | β | β | β |
| Shareholders' equity | β$0.3M | $0.7M | β$0.1M | β$0.8M | $6.1M | $16.4M | $10.5M | β$2.2M | $57.4M | $122M |
| Margins | ||||||||||
| Gross margin | β11.6% | 33.5% | 73.6% | 72.7% | 69.9% | 54.3% | 59.2% | 37.3% | 51.1% | 4.8% |
| Operating margin | β11,937.7% | β1,024.4% | β163.4% | β238.4% | β375.1% | β477.2% | β457.8% | β228.0% | β141.9% | β265.9% |
| EBITDA margin | β11,927.5% | β1,020.7% | β162.2% | β236.3% | β372.5% | β474.4% | β451.3% | β205.5% | β125.1% | β257.3% |
| Net margin | β11,917.4% | β1,029.1% | β161.6% | β238.4% | β456.7% | β493.6% | β486.6% | β241.0% | β163.2% | β382.8% |
| FCF margin | β8,618.8% | β448.9% | β108.0% | β143.1% | β444.9% | β297.9% | β501.6% | β124.4% | β166.8% | β296.0% |
| Returns | ||||||||||
| Return on capital employed | 308.3% | β326.3% | 1,663.9% | 248.4% | β37.4% | β68.6% | β131.1% | β565.2% | β26.1% | β35.0% |
| Return on equity | β | β1,026.2% | β669.8% | β | β107.1% | β106.0% | β144.7% | β570.2% | β63.4% | β69.1% |
| Return on assets | β499.9% | β350.2% | β246.3% | β575.6% | β60.4% | β83.8% | β90.7% | β137.4% | β47.5% | β64.5% |
| Return on tangible equity | β | β327.8% | β | β | β46.6% | β90.0% | β198.9% | β | β30.8% | β51.1% |
| Growth | ||||||||||
| Revenue growth | β | 3,314.5% | 440.7% | β34.8% | β24.9% | 286.7% | 65.6% | 146.1% | 9.2% | 50.6% |
| Share count change | β | 48.8% | 21.4% | 3.2% | 2.4% | 16.7% | 10.3% | 11.5% | β80.2% | 70.3% |
| Financial health | ||||||||||
| Interest coverage | β | β804.5x | β | β | β | β | β64.8x | β31.4x | β72.6x | β268.9x |
| Current ratio | 0.4x | 2.4x | 0.7x | 0.2x | 3.1x | 6.4x | 1.6x | 0.6x | 7.3x | 4.1x |
| Quick ratio | 0.4x | 2.4x | 0.7x | 0.2x | 3.1x | 6.3x | 1.4x | 0.4x | 7.2x | 4.0x |
| Capital allocation | ||||||||||
| Capex / revenue | 0.0% | 22.0% | 1.3% | 0.0% | 7.4% | 15.9% | 67.2% | 2.7% | 5.3% | 18.5% |
| Stock comp / revenue | 520.3% | 253.9% | 35.9% | 26.6% | 55.1% | 174.1% | 104.5% | 35.6% | 25.1% | 40.3% |
| Quality scores | ||||||||||
| Piotroski F-score | β | 5.0 | 3.0 | 2.0 | 3.0 | 3.0 | 3.0 | 2.0 | 5.0 | 1.0 |
| Altman Z'' | β83.8 | β19.6 | β80.1 | β195.4 | 0.8 | 2.6 | β8.6 | β35.7 | 8.1 | 12.4 |
| Accruals ratio | β138.4% | β204.9% | β83.7% | β230.1% | β2.5% | β35.9% | β9.7% | β68.0% | β0.5% | β17.7% |
Source: SEC EDGAR XBRL filings (CIK 0001662684). Data updated October 24, 2026. Quarterly fourth quarters are the full year minus the first nine months. For information only β not investment advice. Check the original filings before relying on any figure.
