KULR Technology Group Inc Surpasses Revenue Expectations with Q2 2025 Earnings of $0.22 EPS and $3.97 Million Revenue.

KULR Technology Group Inc reported Q2 2025 earnings with EPS of $0.22, beating estimates, and revenue of $3.97 million, surpassing expectations by 63%. The company's net income was $8.14 million, a significant turnaround from a net loss in the same period last year. KULR's revenue growth was driven by a 74% increase in product sales, but operating losses widened to $9.45 million due to increased expenses.

KULR Technology Group Inc. (KULR) reported its Q2 2025 earnings, showcasing a notable turnaround with a first-ever quarterly profit. The company achieved an earnings per share (EPS) of $0.22, significantly surpassing the forecast of a $0.02 loss. Revenue reached $4 million, exceeding expectations by 14.29%. Despite this strong performance, KULR’s stock experienced a slight decline, closing 1.86% lower at $5.39, amidst broader market volatility. However, in after-hours trading, the stock showed a modest recovery, increasing by 1.11%. Key Takeaways KULR reported a first-ever quarterly profit with an EPS of $0.22. Revenue grew by 63% year-over-year, reaching $4 million. Stock price fell 1.86% post-earnings but rose 1.11% in after-hours trading. Product revenue increased by 74%, while service revenue declined by 57%. Gross margin for the quarter was 18%. Company Performance KULR Technology’s Q2 2025 performance marked a significant milestone, with a record revenue growth of 63% compared to the same quarter last year. The company has shifted focus towards product development, which is reflected in the substantial increase in product revenue. InvestingPro data shows the company maintains a healthy current ratio of 9.19, with more cash than debt on its balance sheet. Despite a decline in service revenue, the company’s strategic pivot appears to be paying off, aligning with broader industry trends towards product-centric growth. For deeper insights into KULR’s financial health and growth prospects, investors can access the comprehensive Pro Research Report, available exclusively on InvestingPro. Financial Highlights Revenue: $4 million, up 63% year-over-year. Earnings per share: $0.22, compared to a forecasted loss of $0.02. Gross margin: 18%. Total assets: $141 million. Cash balance: $20 million. Bitcoin holdings: 9.28 bitcoins valued at approximately $100 million. Earnings vs. Forecast KULR’s actual EPS of $0.22 was a significant positive surprise against the forecasted EPS of -$0.02, marking a 1200% beat. This unexpected profitability highlights the company’s successful transition to a product-focused business model. Revenue also surpassed expectations, coming in 14.29% above forecasts. Market Reaction Despite the positive earnings report, KULR’s stock fell 1.86% to $5.39 during regular trading hours. The decline could be attributed to broader market conditions or profit-taking after the earnings announcement. However, in after-hours trading, the stock rebounded by 1.11%, indicating a potential shift in investor sentiment as the market digested the earnings results. Outlook & Guidance Looking ahead, KULR aims to achieve $20 million in annual revenue for 2025, effectively doubling its revenue compared to 2024. The company plans to expand its exoskeleton and battery product lines and continues to leverage its Bitcoin treasury strategy as part of its financial foundation. Executive Commentary CEO Michael Moe emphasized the company’s strategic direction: "Cooler is a Bitcoin plus treasury company that not only treats Bitcoin as a pillar of strategy, identity, and financial foundation." He also reaffirmed confidence in meeting the 2025 revenue target, stating, "We expect to meet our 2025 revenue target, as we have stated before." Risks and Challenges Market volatility could impact stock performance despite strong earnings. Decline in service revenue may pose challenges if not addressed. Supply chain issues could affect production and delivery timelines. Macro-economic pressures, such as inflation, may impact operational costs. Competition in the battery and exoskeleton markets remains intense. Q&A During the earnings call, analysts inquired about the frequency of communication with stakeholders, which the company addressed by emphasizing transparency. Other questions focused on the reverse stock split strategy aimed at attracting institutional investors and the company’s ongoing Bitcoin mining and treasury strategy. Full transcript - KULR Technology Group Inc (KULR) Q2 2025: Stuart, Call Moderator, Cooler Technology Group: Welcome, everyone, to the Cooler Technology Group second quarter twenty twenty five earnings conference call. Today is Thursday, August 14. And in just a moment, I will be joined by the CEO of the company, Michael Moe, as well as the CFO for the company, Sean Cantor. Before the call begins, please listen to the following forward looking statement disclosure covering this call. This call may contain certain forward looking statements based on the company’s current expectations, forecasts, and assumptions that involve risks and uncertainties. Forward looking statements made on this call are based on the information available to Cooler Technology Group as of the date hereof. The company’s actual results may differ materially from those stated or implied in such forward looking statements due to risks and uncertainties associated with their business, which include the risk factors disclosed in their Form 10 k filed with the Securities and Exchange Commission on 03/31/2025 as may be amended or supplemented by other reports Cooler files with the Securities and Exchange Commission from time to time. Forward looking statements include statements regarding their expectations, beliefs, intentions, or strategies regarding the future and can be identified by forward looking words such as anticipate, believe, could, estimate, expect, intend, may, should, and would, or similar words. All forecasts that are provided by management on this call are based on information available at this time, and management expects that internal projections and expectations may change over time. In addition, the forecasts are entirely based on management’s best estimates of their future financial performance given their current contracts, current backlog of opportunities, and conversations with new and existing customers about their product and services. Cooler Technology Group assume no obligation to update the information included on this call whether as a result of new information, future events, or otherwise. With that, I’d like to turn the call over now to Michael Moe, CEO of Cooler Technology Group. Michael Moe, CEO, Cooler Technology Group: Thank you, Stuart. Thank you, everyone, for joining today. This is Michael Mo. In Q2 twenty twenty five, we achieved record revenue of approximately $4,000,000 which is up 63% from the same quarter in 2024. We also achieved our first quarterly profit of $0.22 per share, primarily attributed to our Bitcoin treasury strategy. Our balance sheet is approximately $140,000,000 in cash and Bitcoin as of today. We’re very well capitalized to grow all of our current business operations. With Q2 twenty twenty five product revenue up 74% year over year, we’re in the midst of a transformation from a design and testing service company to a product focused company that will see our growth trajectory accelerate in 2025. Launched in 2023, the CoreLogone platform was built to deliver best in class battery products. The vision now coming to life. With customer milestones achieved in CoreLogone Space and CoreLogone Guardian, We’re leveraging this momentum to introduce two new platforms later this year, CUDA-one Air for unmanned autonomous vehicles and battery backup units for industrial, telecom, and data center applications. We believe the Cooler One platform will be a key growth engine for us, position Cooler to double revenue in 2025 versus 2024 and staying this growth trajectory into 2026. As I was preparing my opening remarks for this call, I saw about 30 questions coming in from our shareholders. Sean and I will answer all these questions on the call. I would like to address three key areas of the questions to start our call. First, Sean Cantor, CFO, Cooler Technology Group: there were a Michael Moe, CEO, Cooler Technology Group: lot of questions around the rationale for the reverse split and its effect. The primary strategic reason for the reverse split was to attract more institutional investors, strengthening our shareholder base with larger, long longer term holders. A higher share price better aligns with institutional buying criteria, as many funds have minimum share thresholds in their charters. Some shareholders ask whether the reverse split was done to regain NYC listing compliance. We can state unequivocally that this was not the case. Quota was already in full compliance prior to the split. While short term market reactions can be unpredictable, we remain confident that this move will broaden institutional ownership, enhance shareholder stability and increase longer term shareholder value, not just a few months. Secondly, there were many questions around shareholder communications and a negative sentiment. We’ve heard your feedback, and we agree there’s room to improve. Could we have communicated reverse split more effectively? Absolutely. Could we have done a better job sharing updates on our operating business alongside the BTC plus treasury strategy? Yes. We’ll make this greater focus going forward. In April 2025, a short report targeting Kooler was published. Short sellers profit when the company’s stock declined and often publish or promote negative opinions to create downward pressure. The April report was filled with negative commentary and opinions. And since then, we’ve seen an increase in critical opinions and rumors spreading on social media about Cooler. It is not our policy to let such report distract our management