Symbols / KULR $2.19 +3.79% KULR Technology Group, Inc.

Technology • Electronic Components • United States • ASE
KULR Chart
About

KULR Technology Group, Inc., through its subsidiary, KULR Technology Corporation, designs and builds advanced battery systems for autonomous platforms, digital infrastructure, and e-mobility and space. It provides battery production, internal short circuit battery cells and devices, patented thermal runaway shield technology (“TRS”), phase change material (“PCM”) heatsinks, and KULR SafeCases, and exoskeleton devices. The company also offers space batteries; air batteries; custom battery design; battery solutions, including trigger cells and ISC-D and SafeX Safe storage solutions; thermal solutions, including fiber thermal interface and cathodes; and testing solutions that include cell screening and cycling, module cycling, thermal desktop and SINDA/FLUINT, and abuse testing and calorimetry. Additionally, the company provides KULR VIBE, a software-driven precision balancing and vibration reduction solution designed for rotary systems and Xero VibeFan, an ultimate cooling solution for AI farms, data centres, and server environments. Its technologies are used in space, aerospace, defence, telecom, and other critical infrastructure. KULR Technology Group, Inc. has a strategic collaboration with Robinson Helicopter Company, Inc. to develop battery system for an eR66 battery-electric helicopter demonstrator. The company was formerly known as KT High-Tech Marketing, Inc. and changed its name to KULR Technology Group, Inc. in August 2018. The company was founded in 2013 and is headquartered in Webster, Texas.

Fundamentals
Scroll to Statements
Sector Technology Industry Electronic Components Market Cap 101.26M
Enterprise Value 85.66M Income -61.90M Sales 16.17M
Book/sh 2.64 Cash/sh 0.29 Dividend Yield —
Payout 0.00% Employees 47 IPO —
P/E — Forward P/E — PEG —
P/S 6.26 P/B 0.83 P/C —
EV/EBITDA -2.11 EV/Sales 5.30 Quick Ratio 2.75
Current Ratio 4.07 Debt/Eq 1.19 LT Debt/Eq —
EPS (ttm) -1.56 EPS next Y 0.00 EPS Growth —
Revenue Growth -15.00% Earnings 2026-05-14 ROA -27.38%
ROE -69.15% ROIC — Gross Margin -8.39%
Oper. Margin -4.86% Profit Margin 0.00% Shs Outstand 46.24M
Shs Float 43.17M Short Float 20.31% Short Ratio 8.83
Short Interest — 52W High 14.24 52W Low 1.94
Beta 2.06 Avg Volume 1.77M Volume 1.54M
Target Price $8.00 Recom None Prev Close $2.11
Price $2.19 Change 3.79%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$8.00
Mean price target
2. Current target
$2.19
Latest analyst target
3. DCF / Fair value
$-10.92
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$2.19
Low
$8.00
High
$8.00
Mean
$8.00

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2025-03-18 reit Benchmark Buy → Buy $5
2024-12-19 up Benchmark Speculative Buy → Buy $5
2024-08-13 reit Benchmark Speculative Buy → Speculative Buy $1
2024-05-17 reit Benchmark Speculative Buy → Speculative Buy $1
2024-04-16 reit Benchmark Speculative Buy → Speculative Buy $1
2023-11-30 init Benchmark — → Speculative Buy $1
2021-11-22 main Alliance Global Partners — → Buy $5
2021-10-18 init Alliance Global Partners — → Buy $4
News
RSS: Latest KULR news
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2025-11-24 GRIER DONNA HALEY Director — 13,130 $0.00 $0
2025-11-24 MASSEY JOANNA D Director — 13,130 $0.00 $0
2025-11-24 SCHWARTZ ARON I Director — 13,130 $0.00 $0
2025-11-24 YAMAMOTO JAY KOICHI General Counsel — 187,500 $0.00 $0
2025-10-03 MASSEY JOANNA D Director — 10,000 $5.47 $54,700
2025-01-16 MO MICHAEL Chief Executive Officer — 2,000,000 — —
2025-01-16 WALKER WILLIAM QUINN Chief Technology Officer — 1,000,000 — —
2025-01-16 CANTER SHAWN Chief Financial Officer — 1,500,000 — —
2025-01-16 CARPENTER MICHAEL GERALD Officer — 200,000 — —
2024-06-06 COCHRAN TERRY KEITH President — 378,000 $0.29 $115,761
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
16.17
+50.60%
10.74
+9.23%
9.83
+146.08%
3.99
Operating Revenue
16.17
+50.60%
10.74
+9.23%
9.83
+146.08%
3.99
Cost Of Revenue
15.40
+193.08%
5.25
-14.76%
6.16
+278.06%
1.63
Reconciled Cost Of Revenue
15.40
+193.08%
5.25
-14.76%
6.16
+278.06%
1.63
Gross Profit
0.77
-85.94%
5.48
+49.57%
3.67
+55.06%
2.36
Operating Expense
42.81
+106.63%
20.72
-20.55%
26.08
+26.28%
20.65
Research And Development
10.76
+126.98%
4.74
-33.59%
7.14
+70.04%
4.20
Selling General And Administration
27.70
+73.32%
15.98
-15.64%
18.94
+15.12%
16.45
Total Expenses
58.21
+124.12%
25.97
-19.45%
32.24
+44.71%
22.28
Operating Income
-42.04
-175.94%
-15.23
+32.02%
-22.41
-22.56%
-18.29
Total Operating Income As Reported
-43.00
-182.25%
-15.23
+32.02%
-22.41
-22.56%
-18.29
EBITDA
-60.26
-319.59%
-14.36
+28.30%
-20.03
-12.98%
-17.73
Normalized EBITDA
-40.09
-193.69%
-13.65
+31.84%
-20.03
-12.03%
-17.88
Reconciled Depreciation
1.40
-22.36%
1.80
-18.66%
2.21
+753.55%
0.26
EBIT
-61.66
-281.49%
-16.16
+27.34%
-22.24
-23.66%
-17.99
Total Unusual Items
-20.16
-2744.03%
-0.71
0.00
-100.00%
0.15
Total Unusual Items Excluding Goodwill
-20.16
-2744.03%
-0.71
0.00
-100.00%
0.15
Special Income Charges
-6.36
-64812.98%
0.01
0.00
-100.00%
0.15
Other Special Charges
-0.05
-408.44%
-0.01
—
-0.15
Impairment Of Capital Assets
3.09
0.00
—
—
Write Off
3.33
0.00
—
—
Net Income
-61.90
-253.24%
-17.52
+26.04%
-23.69
-21.90%
-19.44
Pretax Income
-61.90
-253.24%
-17.52
+26.04%
-23.69
-21.90%
-19.44
Net Non Operating Interest Income Expense
0.32
+123.72%
-1.35
+6.75%
-1.45
-0.07%
-1.45
Interest Expense Non Operating
0.24
-82.16%
1.36
-6.02%
1.45
+0.07%
1.45
Net Interest Income
0.32
+123.72%
-1.35
+6.75%
-1.45
-0.07%
-1.45
Interest Expense
0.24
-82.16%
1.36
-6.02%
1.45
+0.07%
1.45
Interest Income Non Operating
0.56
+5226.44%
0.01
0.00
—
Interest Income
0.56
+5226.44%
0.01
0.00
—
Other Income Expense
-20.18
-2052.02%
-0.94
-661.40%
0.17
-43.80%
0.30
Other Non Operating Income Expenses
-0.02
+92.54%
-0.23
-236.96%
0.17
+13.61%
0.15
Gain On Sale Of Security
-13.80
-1819.80%
-0.72
—
—
Tax Rate For Calcs
0.00
0.00
0.00
0.00
Tax Effect Of Unusual Items
0.00
0.00
0.00
0.00
Net Income Including Noncontrolling Interests
-61.90
-253.24%
-17.52
+26.04%
-23.69
-21.90%
-19.44
Net Income From Continuing Operation Net Minority Interest
-61.90
-253.24%
-17.52
+26.04%
-23.69
-21.90%
-19.44
Net Income From Continuing And Discontinued Operation
-61.90
-253.24%
-17.52
+26.04%
-23.69
-21.90%
-19.44
Net Income Continuous Operations
-61.90
-253.24%
-17.52
+26.04%
-23.69
-21.90%
-19.44
Normalized Income
-41.74
-148.21%
-16.81
+29.03%
-23.69
-20.97%
-19.59
Net Income Common Stockholders
-61.90
-253.24%
-17.52
+26.04%
-23.69
-21.90%
-19.44
Diluted EPS
-1.56
-108.00%
-0.75
+53.13%
-1.60
-11.11%
-1.44
Basic EPS
-1.56
-108.00%
-0.75
+53.13%
-1.60
-11.11%
-1.44
Basic Average Shares
39.73
+70.32%
23.32
+58.37%
14.73
+11.51%
13.21
Diluted Average Shares
39.73
+70.32%
23.32
+58.37%
14.73
+11.51%
13.21
Diluted NI Availto Com Stockholders
-61.90
-253.24%
-17.52
+26.04%
-23.69
-21.90%
-19.44
Preferred Stock Dividends
—
—
—
—
Provision For Doubtful Accounts
4.36
0.00
—
—
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Assets
128.97
+104.95%
62.93
+479.21%
10.86
-54.02%
23.63
Current Assets
25.56
-25.19%
34.16
+775.03%
3.90
-75.19%
15.74
Cash Cash Equivalents And Short Term Investments
13.30
-55.42%
29.83
+2396.88%
1.19
-88.44%
10.33
Cash And Cash Equivalents
13.30
-55.42%
29.83
+2396.88%
1.19
-88.44%
10.33
Cash Financial
13.30
-55.42%
29.83
+2396.88%
1.19
-88.44%
10.33
Receivables
6.02
+122.67%
2.71
+199.27%
0.90
-57.29%
2.12
Accounts Receivable
2.08
-21.50%
2.65
+193.36%
0.90
-41.53%
1.54
Gross Accounts Receivable
3.53
+33.32%
2.65
—
—
Allowance For Doubtful Accounts Receivable
-1.45
0.00
—
—
Other Receivables
3.95
+6439.87%
0.06
+2433.24%
0.00
-99.59%
0.57
Inventory
0.58
+6.54%
0.55
-52.53%
1.15
-41.44%
1.96
Raw Materials
0.24
-34.57%
0.36
+12.76%
0.32
-70.04%
1.08
Work In Process
—
—
0.00
-100.00%
0.00
Finished Goods
0.34
+88.48%
0.18
-77.96%
0.83
-6.43%
0.88
Prepaid Assets
2.55
+552.05%
0.39
-33.39%
0.59
-52.19%
1.23
Current Deferred Assets
0.44
+8.75%
0.41
+586.19%
0.06
+71.76%
0.03
Other Current Assets
2.66
+834.08%
0.28
+2532.07%
0.01
-82.63%
0.06
Total Non Current Assets
103.41
+259.53%
28.76
+313.26%
6.96
-11.79%
7.89
Net PPE
7.63
+21.95%
6.25
+1.54%
6.16
-12.46%
7.04
Gross PPE
12.86
+24.45%
10.33
+20.39%
8.58
+16.27%
7.38
Accumulated Depreciation
-5.23
-28.28%
-4.08
-68.35%
-2.42
-605.79%
-0.34
Properties
0.00
0.00
0.00
0.00
Machinery Furniture Equipment
8.21
+79.86%
4.56
+3.73%
4.40
+164.79%
1.66
Construction In Progress
0.81
-61.72%
2.11
+20.96%
1.74
-64.79%
4.94
Other Properties
1.68
+10.86%
1.52
+281.43%
0.40
-7.47%
0.43
Leases
2.16
+0.76%
2.14
+4.94%
2.04
+491.15%
0.35
Goodwill And Other Intangible Assets
0.37
-35.73%
0.58
-19.78%
0.72
-0.19%
0.72
Other Intangible Assets
0.37
-35.73%
0.58
-19.78%
0.72
-0.19%
0.72
Investments And Advances
94.00
+363.46%
20.28
0.00
—
Other Investments
94.00
+363.46%
20.28
0.00
—
Non Current Accounts Receivable
1.00
-30.95%
1.45
—
—
Non Current Deferred Assets
0.28
+77.94%
0.16
+120.23%
0.07
-1.69%
0.07
Non Current Prepaid Assets
0.04
-18.12%
0.05
+370.84%
0.01
-83.08%
0.06
Other Non Current Assets
0.10
—
—
—
Total Liabilities Net Minority Interest
7.36
+33.76%
5.50
-57.85%
13.05
-0.65%
13.13
Current Liabilities
6.28
+34.54%
4.67
-32.37%
6.90
-28.73%
9.68
Payables And Accrued Expenses
5.77
+59.59%
3.62
-39.32%
5.96
+65.08%
3.61
Payables
3.95
+81.91%
2.17
-22.85%
2.82
+100.03%
1.41
Accounts Payable
3.17
+53.97%
2.06
-25.57%
2.77
+96.70%
1.41
Other Payable
0.59
—
—
—
Current Accrued Expenses
1.82
+26.00%
1.44
-54.08%
3.14
+42.73%
2.20
Pensionand Other Post Retirement Benefit Plans Current
—
0.00
-100.00%
0.02
-80.61%
0.12
Total Tax Payable
0.18
+64.83%
0.11
+138.23%
0.05
—
Current Debt And Capital Lease Obligation
0.37
-62.96%
0.99
+869.53%
0.10
-54.31%
0.22
Current Debt
—
0.49
—
—
Other Current Borrowings
—
0.52
—
—
Current Capital Lease Obligation
0.37
-26.01%
0.50
+385.32%
0.10
-54.31%
0.22
Current Deferred Liabilities
0.11
+227.35%
0.03
-94.05%
0.55
-90.30%
5.68
Current Deferred Revenue
0.11
+227.35%
0.03
-94.05%
0.55
+2295.74%
0.02
Other Current Liabilities
0.03
+21.30%
0.03
-71.52%
0.09
+98.97%
0.05
Total Non Current Liabilities Net Minority Interest
1.08
+29.39%
0.83
-86.44%
6.15
+78.11%
3.45
Long Term Debt And Capital Lease Obligation
1.08
+29.39%
0.83
+233.43%
0.25
+155.21%
0.10
Long Term Debt
—
0.01
-95.61%
0.25
—
Long Term Capital Lease Obligation
1.08
+31.12%
0.82
0.00
-100.00%
0.10
Non Current Deferred Liabilities
—
—
—
3.20
Non Current Deferred Revenue
—
—
—
3.20
Other Non Current Liabilities
—
—
5.89
+84.32%
3.20
Stockholders Equity
121.61
+111.76%
57.43
+2731.06%
-2.18
-120.80%
10.49
Common Stock Equity
121.61
+111.76%
57.43
+2731.05%
-2.18
-120.80%
10.49
Capital Stock
0.00
+39.11%
0.00
-74.76%
0.01
+18.40%
0.01
Common Stock
0.00
+39.15%
0.00
-75.30%
0.01
+18.40%
0.01
Preferred Stock
0.00
+36.99%
0.00
0.00
0.00
Share Issued
46.06
+39.16%
33.10
+97.57%
16.75
+18.40%
14.15
Ordinary Shares Number
46.04
+39.17%
33.08
+97.66%
16.74
+18.42%
14.13
Treasury Shares Number
0.02
+33.71%
0.02
+0.00%
0.02
+0.00%
0.02
Additional Paid In Capital
267.71
+89.15%
141.53
+119.81%
64.39
+20.64%
53.37
Retained Earnings
-145.71
-73.86%
-83.81
-26.44%
-66.29
-55.63%
-42.59
Treasury Stock
0.39
+32.92%
0.30
+0.00%
0.30
+0.00%
0.30
Total Equity Gross Minority Interest
121.61
+111.76%
57.43
+2731.06%
-2.18
-120.80%
10.49
Total Capitalization
121.61
+111.72%
57.44
+3071.96%
-1.93
-118.42%
10.49
Working Capital
19.28
-34.64%
29.50
+1085.00%
-2.99
-149.46%
6.06
Invested Capital
121.61
+109.92%
57.93
+3097.56%
-1.93
-118.42%
10.49
Total Debt
1.45
-20.76%
1.82
+417.99%
0.35
+9.51%
0.32
Capital Lease Obligations
1.45
+9.63%
1.32
+1190.33%
0.10
-68.23%
0.32
Net Tangible Assets
121.24
+113.26%
56.85
+2058.96%
-2.90
-129.70%
9.77
Tangible Book Value
121.24
+113.26%
56.85
+2058.96%
-2.90
-129.70%
9.77
Current Notes Payable
0.00
-100.00%
0.49
—
—
Current Provisions
—
—
0.17
—
Interest Payable
0.00
-100.00%
0.02
0.00
—
Line Of Credit
—
—
—
0.00
Non Current Accrued Expenses
—
0.00
-100.00%
0.01
-96.24%
0.16
Preferred Stock Equity
0.00
+36.99%
0.00
—
—
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
-44.88
-158.82%
-17.34
-44.93%
-11.97
+31.05%
-17.35
Cash Flow From Continuing Operating Activities
-44.88
-158.82%
-17.34
-44.93%
-11.97
+31.05%
-17.35
Net Income From Continuing Operations
-61.90
-253.24%
-17.52
+26.04%
-23.69
-21.90%
-19.44
Depreciation Amortization Depletion
1.40
-22.36%
1.80
-18.66%
2.21
+753.55%
0.26
Depreciation
1.26
-24.28%
1.66
-20.17%
2.08
+845.95%
0.22
Amortization Cash Flow
0.14
+0.00%
0.14
+4.34%
0.14
+243.02%
0.04
Depreciation And Amortization
1.40
-22.36%
1.80
-18.66%
2.21
+753.55%
0.26
Amortization Of Intangibles
0.14
+0.00%
0.14
+4.34%
0.14
+243.02%
0.04
Other Non Cash Items
0.67
-63.35%
1.83
+124.52%
0.81
-28.26%
1.13
Stock Based Compensation
6.52
+142.23%
2.69
-23.13%
3.50
-16.10%
4.18
Provisionand Write Offof Assets
4.36
0.00
-100.00%
0.02
+12.99%
0.02
Asset Impairment Charge
6.42
0.00
-100.00%
0.29
0.00
Operating Gains Losses
-7.86
-47314.88%
0.02
—
-0.15
Gain Loss On Investment Securities
—
—
—
-0.16
Unrealized Gain Loss On Investment Securities
13.80
+1819.80%
0.72
0.00
—
Gain Loss On Sale Of PPE
-7.03
-26638.03%
0.03
0.00
—
Change In Working Capital
-8.28
-20.50%
-6.87
-240.69%
4.89
+245.78%
-3.35
Change In Receivables
-3.10
+2.80%
-3.19
-611.65%
0.62
+143.88%
-1.42
Changes In Account Receivables
-3.10
+2.80%
-3.19
-611.65%
0.62
+143.88%
-1.42
Change In Inventory
-0.88
-238.70%
0.63
-18.76%
0.78
+143.79%
-1.77
Change In Prepaid Assets
-0.78
-41.99%
-0.55
-153.12%
1.03
+177.80%
-1.33
Change In Payables And Accrued Expense
2.00
+168.42%
-2.92
-233.14%
2.20
+48.07%
1.48
Change In Accrued Expense
0.89
+140.09%
-2.22
-253.63%
1.44
+74.91%
0.82
Change In Payable
1.11
+257.08%
-0.71
-193.93%
0.75
+14.47%
0.66
Change In Account Payable
1.11
+257.08%
-0.71
-193.93%
0.75
+14.47%
0.66
Change In Other Working Capital
0.07
+114.38%
-0.52
-198.15%
0.53
+583.08%
-0.11
Change In Other Current Assets
-5.05
0.00
—
—
Change In Other Current Liabilities
-0.56
-71.93%
-0.32
-20.07%
-0.27
-31.96%
-0.21
Investing Cash Flow
-89.08
-312.50%
-21.60
-1964.42%
-1.05
+77.49%
-4.65
Cash Flow From Continuing Investing Activities
-89.08
-312.50%
-21.60
-1964.42%
-1.05
+77.49%
-4.65
Net PPE Purchase And Sale
-3.79
-536.13%
-0.60
+34.57%
-0.91
+77.80%
-4.10
Purchase Of PPE
-3.79
-536.13%
-0.60
+34.57%
-0.91
+77.80%
-4.10
Capital Expenditure
-3.93
-559.31%
-0.60
+43.01%
-1.05
+77.49%
-4.65
Net Investment Purchase And Sale
-79.70
-279.52%
-21.00
0.00
—
Purchase Of Investment
-79.70
-279.52%
-21.00
0.00
—
Net Business Purchase And Sale
-3.33
0.00
—
—
Net Intangibles Purchase And Sale
-0.14
0.00
+100.00%
-0.14
+75.16%
-0.54
Purchase Of Intangibles
-0.14
0.00
+100.00%
-0.14
+75.16%
-0.54
Net Other Investing Changes
-2.13
—
—
—
Financing Cash Flow
117.44
+73.79%
67.57
+1644.91%
3.87
-77.84%
17.47
Cash Flow From Continuing Financing Activities
117.44
+73.79%
67.57
+1644.91%
3.87
-77.84%
17.47
Net Issuance Payments Of Debt
-1.57
-155.68%
-0.61
-345.22%
0.25
-93.33%
3.75
Issuance Of Debt
8.00
+193.04%
2.73
+992.00%
0.25
-94.74%
4.75
Repayment Of Debt
-9.57
-186.19%
-3.34
0.00
+100.00%
-1.00
Long Term Debt Issuance
0.00
-100.00%
2.73
+992.00%
0.25
-94.74%
4.75
Long Term Debt Payments
-0.99
-68019.20%
-0.00
0.00
+100.00%
-1.00
Net Long Term Debt Issuance
-0.99
-136.27%
2.73
+991.42%
0.25
-94.74%
4.75
Short Term Debt Issuance
8.00
0.00
—
—
Short Term Debt Payments
-8.58
-156.69%
-3.34
0.00
+100.00%
-1.00
Net Short Term Debt Issuance
-0.58
+82.71%
-3.34
0.00
+100.00%
-1.00
Net Common Stock Issuance
123.08
+74.54%
70.52
+1815.85%
3.68
+1372.30%
0.25
Common Stock Payments
-0.10
+80.50%
-0.50
-118.10%
-0.23
0.00
Repurchase Of Capital Stock
-0.10
+80.50%
-0.50
-118.10%
-0.23
0.00
Proceeds From Stock Option Exercised
0.01
-53.89%
0.02
0.00
-100.00%
3.07
Net Other Financing Charges
-4.09
-73.91%
-2.35
-3953.73%
-0.06
-100.56%
10.40
Changes In Cash
-16.53
-157.73%
28.64
+413.36%
-9.14
-101.75%
-4.53
Beginning Cash Position
29.83
+2396.88%
1.19
-88.44%
10.33
-30.48%
14.86
End Cash Position
13.30
-55.42%
29.83
+2396.88%
1.19
-88.44%
10.33
Free Cash Flow
-48.81
-172.13%
-17.94
-37.86%
-13.01
+40.86%
-22.00
Interest Paid Supplemental Data
0.16
+156.40%
0.06
-80.18%
0.31
+265.70%
0.09
Income Tax Paid Supplemental Data
0.00
0.00
0.00
0.00
Common Stock Issuance
123.18
+73.45%
71.02
+1716.31%
3.91
+1464.00%
0.25
Issuance Of Capital Stock
123.18
+73.45%
71.02
+1716.31%
3.91
+1464.00%
0.25
Net Preferred Stock Issuance
—
—
—
0.00
Preferred Stock Issuance
—
—
—
0.00
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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