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KULR Technology Group, Inc. (KULR) Financials

KULR
Trailing 12 months to June 30, 2026
Revenue $16.1M +27.2% YoY
Net Income -$102.2M -491.3% YoY
EPS (Diluted) -$2.36 YoY not available
Free Cash Flow -$44.2M -45.4% YoY
Market Cap $80.1M as of Oct 17, 2026
Price / Sales 5.0x on $16.1M revenue, trailing 12 months to June 30, 2026
Price / Earnings n/m net loss, so no earnings multiple, trailing 12 months to June 30, 2026
Price / Book 1.1x on $72.6M equity, Q2 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 17, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Aug 13, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the KULR SEC filings page.

KULR Technology Group, Inc. (KULR) reported $16.1M in revenue over the twelve months to Jun 30, 2026, up 27.2% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 10 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI KULR FY2025

2025 revenue expanded, but gross margin collapsed, leaving a development business dependent on financing while operations consumed substantial cash.

Revenue growth stopped converting into gross profit: revenue reached $16.2M in FY2025, but gross margin fell to 4.8%. That combination, alongside an operating margin of -265.9%, indicates the latest sales increase was overwhelmed by cost of revenue and operating expenses rather than producing operating leverage.

Cash conversion remained negative: net loss was $61.9M, alongside operating cash flow of -$44.9M, so the reported loss was not merely a noncash accounting outcome. Free cash flow of -$47.9M was only modestly below operating cash flow because capital expenditures were $3.0M, showing reinvestment added to—but did not drive—the cash shortfall.

The balance sheet is predominantly equity-funded: total equity was $121.6M versus liabilities of $7.4M. That posture coincided with $117.4M of financing inflow against -$89.1M of investing cash flow, indicating reported asset growth was financed largely through external capital rather than operations.

[ NOT FINANCIAL ADVICE ]

Financial Health Signals

Cash Runway Dilution R&DIntensity Revenue Progress BurnTrend BalanceSheet 50 / 100
Financial Health Score 50/100
Scored as: Emerging companies peer group

Scored against emerging companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of KULR Technology Group, Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Cash Runway
14

KULR Technology Group, Inc. held $13.3M in cash, cash equivalents and investments at the end of fiscal year 2025, and its operations used $44.9M of cash that year. Cash Runway ranks emerging companies on the size of that balance against the outflow behind it, and KULR Technology Group, Inc. scores 14/100 among other emerging companies.

Dilution
85

KULR Technology Group, Inc. had 46M shares outstanding at the end of fiscal year 2025. Dilution ranks emerging companies on how fast that count has grown over three years, where a slower rise is the better one, and KULR Technology Group, Inc. scores 85/100 among other emerging companies.

R&D Intensity
49

KULR Technology Group, Inc. spent $10.8M on research and development in fiscal year 2025, which was 18.2% of its operating costs that year. R&D Intensity ranks emerging companies on the share of operating costs that goes into research, and KULR Technology Group, Inc. scores 49/100 among other emerging companies.

Revenue Progress
71

KULR Technology Group, Inc. reported revenue of $16.2M in fiscal year 2025, against $10.7M in fiscal year 2024. Revenue Progress ranks emerging companies on the three-year path of that line, and KULR Technology Group, Inc. scores 71/100 among other emerging companies.

Burn Trend
9

KULR Technology Group, Inc.'s operations used $44.9M of cash in fiscal year 2025, against $17.3M used in fiscal year 2024. Burn Trend ranks emerging companies on which way that figure has moved over three years, and KULR Technology Group, Inc. scores 9/100 among other emerging companies.

Balance Sheet
72

KULR Technology Group, Inc.'s cash, cash equivalents and investments came to $13.3M at the end of fiscal year 2025, against $7.4M of total liabilities. Balance Sheet ranks emerging companies on that comparison, and KULR Technology Group, Inc. scores 72/100 among other emerging companies.

Altman Z-Score Safe
4.15

KULR Technology Group, Inc. scores 4.15, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($80.1M) relative to total liabilities ($7.4M). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Partial
2/8

KULR Technology Group, Inc. passes 2 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 1 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality No Cash Backing
N/A

KULR Technology Group, Inc. reported a net loss of $61.9M while operations used $44.9M of cash. With neither figure positive, the ratio between the two carries no quality signal.

Interest Coverage At Risk
N/A

KULR Technology Group, Inc. reported an operating loss of $43.0M against $160K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.

Key Financial Metrics

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Earnings & Revenue

Revenue
$2.1M
YoY-43.0%
QoQ-47.3%
5Y CAGR+27.1%

KULR Technology Group, Inc. generated $2.1M in revenue in Q2 2026. This represents a decrease of 43.0% from the same quarter a year earlier. Against the prior quarter it is down 47.3%.

EBITDA
-$10.9M
YoY-19.4%
QoQ-54.5%

KULR Technology Group, Inc.'s EBITDA was -$10.9M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 19.4% from the same quarter a year earlier. Against the prior quarter it is down 54.5%.

Net Income
-$22.0M
YoY-369.8%
QoQ+24.3%

KULR Technology Group, Inc. reported -$22.0M in net income in Q2 2026. This represents a decrease of 369.8% from the same quarter a year earlier. Against the prior quarter it is up 24.3%.

EPS (Diluted)
-$0.47
YoY-313.6%
QoQ+25.4%

KULR Technology Group, Inc. earned -$0.47 per diluted share (EPS) in Q2 2026. This represents a decrease of 313.6% from the same quarter a year earlier. Against the prior quarter it is up 25.4%.

Cash & Balance Sheet

Free Cash Flow
-$9.2M
YoY+23.6%
QoQ-3.7%

KULR Technology Group, Inc. recorded an outflow of $9.2M in free cash flow in Q2 2026, representing a cash shortfall after capex. This represents an increase of 23.6% from the same quarter a year earlier. Against the prior quarter it is down 3.7%.

Cash & Debt
$12.8M
YoY-37.9%
QoQ+66.5%
5Y CAGR+1.0%
10Y CAGR+54.8%

KULR Technology Group, Inc. held $12.8M in cash as of Q2 2026; long-term debt is not reported for that period.

Shares Outstanding
46M
YoY+12.6%
QoQ+0.1%
5Y CAGR-14.6%
10Y CAGR+6.6%

KULR Technology Group, Inc. had 46M shares outstanding in Q2 2026. This represents an increase of 12.6% from the same quarter a year earlier. Against the prior quarter it is up 0.1%.

Dividends Per Share

Not reported for Q2 2026.

Margins & Returns

Gross Margin
-30.7%
YoY-50.3pp
QoQ-43.8pp
5Y change-60.8pp

KULR Technology Group, Inc.'s gross margin was -30.7% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is down 50.3 percentage points from the same quarter a year earlier. Against the prior quarter it is down 43.8 percentage points.

Return on Equity
-30.3%
YoY-36.2pp
QoQ+0.7pp

KULR Technology Group, Inc.'s ROE was -30.3% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is down 36.2 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.7 percentage points.

Operating Margin

Not shown for Q2 2026: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.

Net Margin

Not shown for Q2 2026: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.

Capital Allocation

R&D Spending
$3.0M
YoY+22.5%
QoQ+68.6%
5Y CAGR+53.3%

KULR Technology Group, Inc. invested $3.0M in research and development in Q2 2026. This represents an increase of 22.5% from the same quarter a year earlier. Against the prior quarter it is up 68.6%.

Capital Expenditures
$224K
YoY+4.4%
QoQ+29.0%
5Y CAGR+43.7%

KULR Technology Group, Inc. invested $224K in capex in Q2 2026, funding long-term assets and infrastructure. This represents an increase of 4.4% from the same quarter a year earlier. Against the prior quarter it is up 29.0%.

Share Buybacks

Not reported for Q2 2026.

KULR Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

KULR quarterly income statement
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Revenue$2.1M-43.0%$3.9M+61.2%$3.2M-5.5%$6.9M+116.1%$3.7M+50.2%$2.4M+40.0%$3.4M+44.4%$3.2M+4.8%
Cost of Revenue$2.7M-7.5%$3.4M+52.9%$4.0M+222.6%$6.3M+573.9%$2.9M+58.1%$2.2M+81.1%$1.2M-25.6%$928K-45.5%
Gross Profit-$639K-189.5%$517K+150.7%-$778K-136.3%$629K-72.1%$714K+24.6%$206K-59.6%$2.1M+213.7%$2.3M+68.8%
R&D Expenses$3.0M+22.5%$1.8M-27.7%$3.5M+184.5%$2.3M+88.5%$2.4M+86.7%$2.4M+156.6%$1.2M-21.4%$1.2M-32.4%
SG&A Expenses$6.3M-9.1%$6.5M-9.3%$7.3M+64.3%$6.3M+129.0%$6.9M+51.1%$7.2M+70.9%$4.4M+9.0%$2.7M-40.7%
Operating Income-$11.2M-18.6%-$7.4M+21.8%-$15.4M-334.0%-$8.7M-410.9%-$9.5M-77.4%-$9.4M-102.8%-$3.5M+28.8%-$1.7M+66.4%
EBITDA-$10.9M-19.4%-$7.1M+22.6%-$14.9M-354.1%-$8.4M-504.7%-$9.2M-91.5%-$9.1M-129.7%-$3.3M+23.6%-$1.4M+68.6%
Interest Expense$229K+10683.8%$5K-47.7%$12K-18.1%$135K+368.7%$2K-93.7%$10K-92.2%$15K-91.5%$29K-84.4%
Net Income-$22.0M-369.8%-$29.0M-54.3%-$44.3M-857.9%-$7.0M-248.0%$8.1M+238.2%-$18.8M-275.5%-$4.6M+11.0%-$2.0M+64.0%
EPS (Basic)-$0.47-313.6%-$0.63-16.7%-$1.09-626.7%-$0.17-112.5%$0.22+184.6%-$0.54-1250.0%-$0.15-275.0%-$0.08-60.0%
EPS (Diluted)-$0.47-313.6%-$0.63-$1.09-$0.17$0.22-$0.54-$0.15-$0.08
Diluted Shares (Avg)46M+23.2%46MN/A41M38M35MN/A24M

Not reported in any period shown, so not listed: Income Tax.

KULR Balance Sheet

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

KULR quarterly balance sheet
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Total Assets$100.1M-29.3%$104.6M+11.5%$129.0M+104.9%$156.1M+1163.2%$141.5M+1141.7%$93.8M+729.8%$62.9M+479.2%$12.4M-2.0%
Current Assets$84.7M+172.7%$15.9M-48.3%$25.6M-25.2%$28.5M+491.1%$31.0M+703.1%$30.8M+813.3%$34.2M+775.0%$4.8M-4.5%
Cash & Equivalents$12.8M-37.9%$7.7M-68.6%$13.3M-55.4%$20.6M+2156.5%$20.6M+1922.7%$24.4M+2960.6%$29.8M+2396.9%$912K-21.8%
Short-Term Investments$0$0$0$0$0$0$0$0
Inventory$1.5M+95.7%$1.4M+187.8%$581K+6.5%$785K+29.4%$772K+44.3%$486K-53.8%$545K-52.5%$606K-60.9%
Accounts Receivable$1.9M-52.0%$2.0M-30.4%$2.1M-21.5%$3.0M+10.2%$3.9M+100.9%$2.9M+199.3%$2.6M+193.4%$2.7M+106.9%
Long-Term Investments$0$0$0$0$0$0$0$0
Total Liabilities$27.5M+448.6%$10.9M+165.1%$7.4M+33.8%$8.1M+12.9%$5.0M-33.7%$4.1M-52.7%$5.5M-57.9%$7.2M-37.0%
Current Liabilities$25.1M+569.8%$10.0M+197.4%$6.3M+34.5%$6.9M+15.8%$3.7M-40.1%$3.3M-54.0%$4.7M-32.4%$6.0M-47.5%
Non-Current Liabilities$2.4M+91.1%$978K+25.8%$1.1M+29.4%$1.2M-1.7%$1.3M-3.1%$777K-45.9%$834K-86.4%$1.2M
Total Equity$72.6M-46.8%$93.7M+4.5%$121.6M+111.8%$148.0M+2759.6%$136.4M+3457.9%$89.7M+3363.1%$57.4M+2731.1%$5.2M+331.1%
Retained Earnings-$196.7M-108.2%-$173.8M-69.4%-$145.7M-73.9%-$101.4M-28.1%-$94.5M-22.4%-$102.6M-43.9%-$83.8M-26.4%-$79.2M-29.6%

Not reported in any period shown, so not listed: Goodwill, Long-Term Debt.

KULR Cash Flow Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

KULR quarterly cash flow statement
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Operating Cash Flow-$9.0M+24.1%-$8.7M+9.6%-$13.8M-185.9%-$9.6M-190.2%-$11.8M-123.7%-$9.6M-146.4%-$4.8M-351.6%-$3.3M-219.1%
Depreciation & Amortization$269K-8.8%$307K+4.5%$477K+82.1%$331K+3.5%$295K-45.9%$294K-56.3%$262K-61.5%$320K-52.3%
Stock-Based Compensation$908K-42.7%$1.5M-10.9%N/A$1.3M+2192.0%$1.6M+74.3%$1.6M+93.6%N/A$56K-93.4%
Capital Expenditures$224K+4.4%$174K+44.4%$2.4M+524.3%$247K+367.0%$214K+75.8%$120K+797.2%$385K+1248.8%$53K+17.7%
Free Cash Flow-$9.2M+23.6%-$8.9M+8.9%-$16.2M-210.8%-$9.8M-193.0%-$12.0M-122.6%-$9.7M-148.6%-$5.2M-374.9%-$3.4M-210.7%
Investing Cash Flow-$584K+98.0%-$1.5M+96.5%-$3.6M+83.2%-$11.9M-24622.1%-$28.9M-19228.9%-$44.7M-333605.4%-$21.4M-40700.5%-$48K+51.4%
Financing Cash Flow$15.0M-59.4%$4.6M-90.6%$10.1M-81.6%$21.5M+561.6%$36.9M+551.7%$49.0M+1289.0%$55.1M+4686.3%$3.2M+231.1%

Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.

KULR Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

KULR quarterly financial ratios
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Gross Margin-30.7%-50.3pp13.1%+4.7pp-24.4%-88.0pp9.1%-61.7pp19.5%-4.0pp8.4%-20.8pp63.6%+34.3pp70.9%+26.9pp
Operating Margin-538.6%-187.1%-482.6%-126.9%-258.8%-385.7%-105.0%-53.7%
Net Margin-1056.2%-735.3%-1389.9%-101.3%222.9%-768.1%-137.1%-62.9%
Return on Equity-30.3%-36.2pp-31.0%-10.0pp-36.4%-28.3pp-4.7%+34.0pp6.0%+159.6pp-21.0%+172.4pp-8.0%-38.7%+424.7pp
Return on Assets-21.9%-27.7pp-27.7%-7.7pp-34.3%-27.0pp-4.5%+11.8pp5.8%+57.5pp-20.1%+24.3pp-7.3%+40.5pp-16.2%+27.9pp
Current Ratio3.38-4.9x1.60-7.6x4.07-3.3x4.12+3.3x8.29+7.7x9.19+8.7x7.32+6.8x0.81+0.4x
Debt-to-Equity0.38+0.3x0.12+0.1x0.060.0x0.05-1.3x0.04-1.9x0.05-3.3x0.101.39-8.1x
Asset Turnover0.020.0x0.040.0x0.020.0x0.04-0.2x0.03-0.2x0.03-0.1x0.05-0.2x0.260.0x
FCF Margin-442.7%-225.0%-510.3%-142.7%-329.9%-398.0%-155.1%-105.3%

Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Operating Margin, Net Margin, FCF Margin.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company Fiscal year Revenue Net income Net margin Market cap Health score
KULR Technology Group, Inc. KULR FY2025 $16.2M -$61.9M N/A $80.1M 50/100
Lightpath Technologies Inc LPTH FY2026 $71.7M -$20.5M -28.6% $574.3M 47/100
Richardson Electronics Ltd RELL FY2026 $228.6M $6.4M 2.8% $286.2M 53/100
M-tron Industries, Inc. MPTI FY2025 $54.4M $8.4M 15.5% $293.3M 81/100
Methode Electronics MEI FY2026 $1.0B -$35.7M -3.5% $510.1M 30/100
Gauzy Ltd. GAUZ FY2024 $103.5M -$53.2M -51.4% $5.2M 38/100

Frequently Asked Questions

What is KULR Technology Group, Inc.'s annual revenue?

KULR Technology Group, Inc. (KULR) reported $16.2M in total revenue for fiscal year 2025. This represents a 50.6% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is KULR Technology Group, Inc.'s revenue growing?

KULR Technology Group, Inc. (KULR) revenue grew by 50.6% year-over-year, from $10.7M to $16.2M in fiscal year 2025.

Is KULR Technology Group, Inc. profitable?

No, KULR Technology Group, Inc. (KULR) reported a net income of -$61.9M in fiscal year 2025.

KULR Technology Group, Inc. (KULR) reported diluted earnings per share of -$1.56 for fiscal year 2025. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

KULR Technology Group, Inc. (KULR) had EBITDA of -$41.6M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

KULR Technology Group, Inc. (KULR) had a gross margin of 4.8% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

KULR Technology Group, Inc. (KULR) has a return on equity of -50.9% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

KULR Technology Group, Inc. (KULR) recorded an outflow of $47.9M in free cash flow during fiscal year 2025. This represents a -167.2% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

KULR Technology Group, Inc. (KULR) recorded an outflow of $44.9M in operating cash flow during fiscal year 2025, representing cash used by core business activities.

KULR Technology Group, Inc. (KULR) had $129.0M in total assets as of fiscal year 2025, including both current and long-term assets.

KULR Technology Group, Inc. (KULR) invested $3.0M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

KULR Technology Group, Inc. (KULR) invested $10.8M in research and development during fiscal year 2025.

Yes, KULR Technology Group, Inc. (KULR) spent $98K on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

KULR Technology Group, Inc. (KULR) had 46M shares outstanding as of fiscal year 2025.

KULR Technology Group, Inc. (KULR) had a current ratio of 4.07 as of fiscal year 2025, which is generally considered healthy.

KULR Technology Group, Inc. (KULR) had a debt-to-equity ratio of 0.06 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

KULR Technology Group, Inc. (KULR) had a return on assets of -48.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

KULR Technology Group, Inc. (KULR) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (trailing 12 months to June 30, 2026). The market capitalization is $80.1M as of Oct 17, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

KULR Technology Group, Inc. (KULR) trades at 5.0x sales, its market capitalization divided by revenue of $16.1M revenue, trailing 12 months to June 30, 2026. The market capitalization is $80.1M as of Oct 17, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

At the end of fiscal year 2025, KULR Technology Group, Inc. (KULR) held $13.3M in cash, cash equivalents and investments, and reported an operating cash outflow of $44.9M over that year. Dividing the one by the other, the reported balance equals about 4 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.

KULR Technology Group, Inc. (KULR) has an Altman Z-Score of 4.15, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

KULR Technology Group, Inc. (KULR) has a Piotroski F-Score of 2 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

KULR Technology Group, Inc. (KULR) reported a net loss of $61.9M while operations used $44.9M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

KULR Technology Group, Inc. (KULR) reported an operating loss of $43.0M against $160K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

KULR Technology Group, Inc. (KULR) scores 50 out of 100 on our Financial Health Score, indicating moderate standing within its emerging companies peer group. The score is a 0-100 composite of six dimensions (Cash Runway, Dilution, R&D Intensity, Revenue Progress, Burn Trend, Balance Sheet), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.

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