Kandi Technologies Group, Inc. designs, develops, manufactures, and commercializes electric vehicle (EV) products and parts, and off-road vehicles in the People's Republic of China and internationally. It offers off-road vehicles, including all-terrain vehicles, utility vehicles, go-karts, electric scooters, and electric self-balancing scooters, as well as related parts; and EV parts comprising battery packs, body parts, EV controllers, air conditioning units, and other auto parts. The company was formerly known as Kandi Technologies, Corp. and changed its name to Kandi Technologies Group, Inc. in December 2012. Kandi Technologies Group, Inc. was founded in 2002 and is headquartered in Jinhua, the People's Republic of China.
Revenue of Kandi Technologies Group, Inc. (KNDI)
Revenue in 2023 (TTM): $123.6 M
According to Kandi Technologies Group, Inc.'s latest financial reports the company's current revenue (TTM) is $123.6 M. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of Kandi Technologies Group, Inc.
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $123.6 M | $41.37 M | $16.71 M | $3.47 M | $7.13 K |
| 2022 | $117.81 M | $19.52 M | $-379,320 | $-13,338,534 | $-12,851,024 |
| 2021 | $91.49 M | $16.25 M | $41.85 M | $29.21 M | $22.86 M |
| 2020 | $76.92 M | $13.49 M | $-5,282,130 | $-15,441,333 | $-10,394,164 |
| 2019 | $135.74 M | $25.43 M | $909.54 K | $-7,880,986 | $-7,188,727 |
| 2018 | $112.44 M | $20.25 M | $26 M | $2.08 M | $-5,694,699 |
| 2017 | $102.81 M | $14.34 M | $-21,304,247 | $-31,610,504 | $-28,347,474 |
| 2016 | $129.49 M | $17.72 M | $7.84 M | $-5,829,211 | $-6,510,757 |
| 2015 | $201.07 M | $28.42 M | $1.84 M | $20.79 M | $14.67 M |
| 2014 | $170.23 M | $23.4 M | $10.82 M | $14.69 M | $12.27 M |
| 2013 | $94.54 M | $21.74 M | $-7,442,456 | $-19,546,729 | $-21,140,723 |
| 2012 | $64.51 M | $12.89 M | $15.59 M | $7.57 M | $6.05 M |
| 2011 | $40.18 M | $9.21 M | $16.31 M | $9.67 M | $9.11 M |
| 2010 | $42.88 M | $9.62 M | $7.09 M | $-545,726 | $-951,439 |
| 2009 | $33.83 M | $8.21 M | $6.54 M | $1.29 M | $999.8 K |
| 2008 | $40.51 M | $9.59 M | $8.6 M | $4.6 M | $4.92 M |
| 2007 | $34.7 M | $7.47 M | $7.32 M | $4.66 M | $5.03 M |
| 2006 | $ | $ | $2.86 M | $ | $-6,138 |
| 2005 | $ | $ | $-50,308 | $ | $-50,308 |
| 2004 | $ | $ | $-23,500 | $ | $-23,500 |