KULR Tech Achieves Record Revenue, Sees 810.82% Upside Potential

KULR Technology Group reported a 63% revenue growth in Q2 2025, reaching $4 million. The company is marked as "Outperform" with a one-year target price of $48.00, representing an 810.82% upside. CEO Michael Mo emphasized the transition to a product-centered business model and upcoming platform launches. The GF Value estimate suggests a potential upside of 76.47% from the current market price.

KULR Technology Group, Inc. (NYSE American: KULR), a leading Bitcoin-Plus Treasury company, reported its second-quarter 2025 financial results, showcasing a robust revenue growth and strategic initiatives. The company's revenue increased by 63% to $3.97 million, compared to $2.43 million in the same period last year [1].

The company's CEO, Michael Mo, highlighted the transition to a product-centered business model and the upcoming launches of new platforms. The GF Value estimate suggests a potential upside of 76.47% from the current market price, marking KULR as an "Outperform" stock with a one-year target price of $48.00, representing an 810.82% upside [2].

Key financial highlights include:
- Revenue Growth: Revenue increased 63% to $3.97 million, with product sales rising 74% to approximately $1.98 million.
- Cash and Accounts Receivable: As of June 30, 2025, KULR had $24.73 million in cash and current accounts receivable.
- Gross Margin: Gross margin decreased to 18% from 24% last year, primarily due to unanticipated labor hours needed for technical projects.
- SG&A Expenses: Increased to $6.94 million from $4.59 million, driven by higher advertising and marketing services, and stock-based compensation.
- R&D Expenses: Increased to $2.44 million from $1.31 million, reflecting a planned increase in R&D consulting services.
- Operating Loss: Increased to $9.45 million from $5.33 million, driven by higher SG&A expenses and increased R&D investments.
- Net Income: Net income for the quarter was $8.14 million, or $0.22 per share, compared to a net loss of $5.89 million, or a loss of $0.26 per share last year.

The company's Bitcoin holdings also contributed significantly to its financial performance. KULR now holds 1,035 BTC, with a yield approaching 300%, and aims to expand its holdings through a strategic partnership with Coinbase Credit, Inc. [3].

Recent Highlights:
- Joined the Russell 3000® Index.
- Expanded Bitcoin holdings to 1,021 BTC.
- Successfully deployed 3,570 Bitmain S19 XP 140T Bitcoin mining machines, boosting operational capacity to 750 PH/s.
- Announced a strategic partnership with German Bionic and the release of the 7th Generation Exoskeleton, EXIA.
- Completed delivery of a pressure-tolerant subsea battery to a key strategic partner.

KULR Technology Group is scheduled to hold a conference call on August 14, 2025, at 4:30 p.m. ET to discuss these results [4].

References:
[1] https://www.globenewswire.com/news-release/2025/08/14/3133889/0/en/KULR-Technology-Group-Reports-Second-Quarter-2025-Financial-Results.html
[2] (Provided GF Value estimate)
[3] (Coinbase Credit Facility)
[4] (Conference Call Details)