Microvast Holdings, Inc. (MVST)

Import this data to Google Sheets with:

=jivedata("MVST","financials")

Full statements spill as a table. For one cell: =jivedata("MVST","Revenue") or =jivedata("MVST","Revenue","TTM"). Install the Jive Data add-on, then paste into a cell.

Microvast Holdings, Inc.

MVST • CIK 0001760689

(in thousands, except per share data)	FY 2023	FY 2024	FY 2025	TTM
Revenues	$306,617	$379,801	$427,516	$367,560
Other Cost of Operating Revenue	—	—	$272,899	$272,899
Production Related Impairments or Charges	—	—	$32,507	$32,507
Gross Profit	$57,227	$119,552	$122,110	$92,305
Operating Income (Loss)	$-106,729	$-116,090	$6,983	$-37,817
Income Tax Expense (Benefit)	$10	$0	$-5,325	$-5,545
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	$-106,412	$-195,457	$-29,218	$51,273
Net Income (Loss) Attributable to Noncontrolling Interest	$-76	$0	$0	$0
Net Income (Loss) Attributable to Parent	$-106,336	$-195,457	$-29,218	$51,273
General and Administrative Expense	$97,291	$81,486	$57,821	$70,198
Research and Development Expense	$45,004	$41,065	$34,109	$35,812
Selling and Marketing Expense	$23,614	$22,576	$22,197	$22,059
Impairment of Long-Lived Assets to be Disposed of	—	$93,173	$4,142	$2,802
Operating Expenses	$165,909	$238,300	$118,269	$130,871
InterestExpenseNonoperating	—	$9,711	$4,903	$5,018
Gains (Losses) on Restructuring of Debt	—	$9,406	$1,297	$1,297
Nonoperating Income (Expense)	$-713	$156	$244	$244
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest	$-106,402	$-195,457	$-34,543	$-34,543
Weighted Average Number of Shares Outstanding, Basic	310,909,379	318,462,843	324,689,242	341,877,691
Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest	$-114,033	$-208,037	$-8,198	$74,291

(in thousands, except per share data)	FY 2023	FY 2024	FY 2025	TTM
Liabilities and Equity	$1,096,732	$951,867	$1,005,448	$952,193
Restricted Cash, Noncurrent	$6,171	$22	$0	$0
Property, Plant and Equipment, Net	$620,667	$478,189	$508,057	$526,050
Intangible Assets, Net (Excluding Goodwill)	$3,136	$2,607	$2,183	$1,974
Operating Lease, Right-of-Use Asset	$19,507	$17,628	$17,336	$17,399
Deferred Income Tax Assets, Net	—	—	$5,429	$5,429
Other Assets, Noncurrent	$9,661	$14,024	$12,150	$14,649
Long-term Line of Credit, Noncurrent	—	$41,062	$13,227	$14,443
Derivative Liability, Noncurrent	—	—	$0	$0
Deferred Compensation Liability, Classified, Noncurrent	$199	$98	$98	$98
Convertible Debt, Noncurrent	—	$104,613	$0	$0
Operating Lease, Liability, Noncurrent	$17,087	$14,596	$14,476	$13,996
Other Liabilities, Noncurrent	$24,861	$30,003	$37,100	$36,914
Liabilities	$532,542	$563,972	$594,935	$409,099
Common Stock, Value, Issued	$32	$33	$34	$39
Additional Paid in Capital	$1,481,241	$1,512,982	$1,543,797	$1,627,198
Statutory Accounting Practices, Statutory Capital and Surplus, Balance	$6,032	$6,032	$6,032	$6,032
Retained Earnings (Accumulated Deficit)	$-897,501	$-1,092,958	$-1,122,176	$-1,085,953
Accumulated Other Comprehensive Income (Loss), Net of Tax	$-25,614	$-38,194	$-17,174	$-4,222
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	$564,190	$387,895	$410,513	$410,513
Cash and Cash Equivalents, at Carrying Value	$44,541	$73,007	$104,963	$127,828
Restricted Cash, Current	$37,477	$36,572	$64,275	$15,257
Accounts Receivable, after Allowance for Credit Loss, Current	$138,717	$120,626	$155,763	$121,181
Inventory, Net	$149,749	$143,327	$89,411	$93,594
Prepaid Expense and Other Assets, Current	$25,752	$27,019	$17,221	$15,727
Assets Held-for-sale, Not Part of Disposal Group, Current	—	$19,896	$11,500	$0
Assets, Current	$425,606	$428,026	$448,723	$374,921
Accounts Payable, Current	$112,618	$64,940	$47,003	$62,639
Notes Payable, Current	$63,374	$51,756	$78,321	$15,246
Contract with Customer, Liability, Current	$43,087	$43,678	$5,605	$4,991
Other Liabilities, Current	$14,312	—	—	$18,112
Convertible Debt, Current	—	—	$140,929	$0
Short-term Debt	$35,392	$70,666	$93,052	$104,200
Accrued Income Taxes, Current	$655	$652	$99	$99
Derivative Liability, Current	—	—	$15	$15
Liabilities, Current	$403,410	$330,153	$488,341	$343,746
Accounts Receivable, Allowance for Credit Loss, Current	$4,571	$5,090	$4,693	$4,130
Common Stock, Shares Authorized	750,000,000	750,000,000	750,000,000	750,000,000
Common Stock, Shares, Issued	316,694,442	324,831,634	333,473,938	386,222,000
Common Stock, Shares, Outstanding	315,006,942	323,144,134	331,786,438	384,534,000
Preferred Stock, Shares Authorized	—	—	50,000,000	50,000,000
Preferred Stock, Shares Issued	—	—	0	0
Stockholders' Equity Attributable to Parent	—	—	$410,513	$543,094

(in thousands, except per share data)	FY 2023	FY 2024	FY 2025	TTM
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	$-106,412	$-195,457	$-29,218	$51,273
Net Cash Provided by (Used in) Operating Activities	$-75,303	$2,814	$75,908	$-1,724
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	$-6,561	$-6,839	$2,457	$7,966
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect	$-214,428	$21,412	$59,637	$4,265
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	$88,189	$109,601	$169,238	$220,238
Payments to Acquire Property, Plant, and Equipment	$186,788	$27,721	$19,834	$28,797
Gains (Losses) on Restructuring of Debt	—	$9,406	$1,297	$1,297
Proceeds from Sale of Property, Plant, and Equipment	$1,649	$10,005	$3,789	$3,789
InterestExpenseOperating	—	$2,248	$0	$0
Payments to Acquire Short-term Investments	—	$0	$0	$0
Depreciation, Nonproduction	$22,141	$30,057	$32,358	$32,428
Proceeds from Sale and Maturity of Marketable Securities	$25,500	$5,564	$0	$0
Net Cash Provided by (Used in) Investing Activities	$-165,605	$-12,152	$-16,045	$-14,273
Operating Lease, Right-of-Use Asset, Amortization Expense	$2,764	$2,686	$2,617	$2,724
Share-based Payment Arrangement, Noncash Expense	$64,971	$30,840	$3,072	$3,373
Provision for Loan, Lease, and Other Losses	—	—	$7,991	$7,991
Impairment of Long-Lived Assets to be Disposed of	—	$93,173	$4,142	$2,802
Product Warranty Expense	$12,688	$12,826	$17,173	$14,643
Deferred Income Tax Expense (Benefit)	$0	$0	$-5,429	$-5,429
Proceeds from Bank Debt	$47,852	$101,517	$85,708	$95,493
Repayments of Bank Debt	$14,119	$66,248	$96,070	$100,715
Proceeds from Related Party Debt	$0	$25,000	$0	$0
Payments of Debt Issuance Costs	—	$525	$0	$0
Proceeds from Issuance of Common Stock	—	—	$28,750	$30,100
Payments of Stock Issuance Costs	—	—	$809	$1,138
Net Cash Provided by (Used in) Financing Activities	$33,041	$37,589	$-2,683	$12,296
Cash and Cash Equivalents, at Carrying Value	$44,541	$73,007	$104,963	$140,194
Restricted Cash and Cash Equivalents	$43,648	$36,594	$64,275	$80,044
Interest Paid, Excluding Capitalized Interest, Operating Activities	$4,373	$7,440	$5,998	$5,998
Income Taxes Paid	$0	$0	$1,817	$1,817
Capital Expenditures Incurred but Not yet Paid	—	$45,983	$30,182	$9,172
Increase (Decrease) in Notes Receivables	$25,338	$-6,488	$27,343	$16,320
Increase (Decrease) in Accounts Receivable	$21,759	$-8,791	$27,259	$-10,381
Increase (Decrease) in Inventories	$74,406	$546	$-27,089	$-15,426
Increase (Decrease) in Prepaid Expense and Other Assets	$14,291	$-3,289	$-8,900	$-1,394
Increase (Decrease) in Due to Other Related Parties	$0	$5	$-3	$180
Increase (Decrease) in Other Noncurrent Assets	$547	$973	$-629	$-2,632
Increase (Decrease) in Other Accounts Payable	—	$-44,523	$-20,193	$-12,254
Increase (Decrease) in Contract with Customer, Liability	$-10,949	$836	$-38,347	$-36,861
Increase (Decrease) in Other Accounts Payable and Accrued Liabilities	$6,602	$-16,486	$20,587	$20,236
IncreaseDecreaseInOperatingLeaseLiability	$2,266	$-1,607	$-1,786	$-2,411
Increase (Decrease) in Other Noncurrent Liabilities	$316	$3,656	$4,622	$2,693
Lessee, Operating Lease, Liability, to be Paid, Year One	$3,341	$3,858	$3,569	$3,579
Lessee, Operating Lease, Liability, to be Paid, Year Two	$2,822	$2,820	$2,940	$2,544
Lessee, Operating Lease, Liability, to be Paid, Year Three	$2,567	$2,356	$2,019	$1,943
Lessee, Operating Lease, Liability, to be Paid, Year Four	$2,437	$1,753	$1,782	$1,891
Lessee, Operating Lease, Liability, to be Paid, Year Five	$1,861	$1,561	$1,782	$1,891
Lessee, Operating Lease, Liability, to be Paid, after Year Five	$11,818	$9,497	$9,061	$7,871
Lessee, Operating Lease, Liability, to be Paid	$24,846	$21,845	$21,153	$19,184
Lessee, Operating Lease, Liability, Undiscounted Excess Amount	$5,346	$4,210	$3,889	$3,328
Operating Lease, Liability	$19,500	$17,635	$17,264	$15,856
Payments to Acquire Investments	$5,966	—	—	$5,966

Loading financial statements…

Import this data to Google Sheets with:

=jivedata("MVST","financials")

Full statements spill as a table. For one cell: =jivedata("MVST","Revenue") or =jivedata("MVST","Revenue","TTM"). Install the Jive Data add-on, then paste into a cell.