KULR Technology's Q2 2025 Earnings Call: Unpacking Contradictions on EV Involvement, Bitcoin Strategy, and Sales Growth

Battery and EV industry involvement, Bitcoin acquisition and strategy, Bitcoin and BTC Treasury Strategy, DoD Traction and VIBE Application, Sales Growth and SG&A Costs are the key contradictions discussed in KULR Technology Group, Inc.'s latest 2025Q2 earnings call.



Record Revenue and Profitability:
- KULR Technology Group achieved record revenue of approximately $4 million for Q2 2025, up 63% from the same quarter in 2024.
- This growth was driven by the transformation from a design and testing service company to a product-focused company and the success of the KULR ONE platform in various applications.

Bitcoin Treasury Strategy:
- KULR's balance sheet includes approximately $140 million in cash and Bitcoin as of Q2 2025.
- The strategy of leveraging Bitcoin as a treasury asset has enabled capital and stability to accelerate business growth and scale frontier technologies.

Product Revenue Growth:
- KULR's product revenue increased by 74% year-over-year in Q2 2025, contributing significantly to overall growth.
- This growth is attributed to the success of the KULR ONE platform and the launch of new products like KULR ONE Space and KULR ONE Guardian.

Reverse Split and Shareholder Engagement:
- KULR executed a reverse stock split to attract more institutional investors, enhancing shareholder stability and long-term value.
- This move aligns with the goal to broaden the shareholder base and attract larger, longer-term investors.