Microvast Holdings, Inc. designs, develops, and manufactures battery systems for electric vehicles and energy storage systems. The company offers a range of cell chemistries, such as lithium titanate oxide, lithium iron phosphate, and nickel manganese cobalt version 1 and 2.It also designs, develops, and manufactures battery components, such as cathode, anode, electrolyte, and separator. In addition, the company offers battery solutions for commercial vehicles and energy storage systems. Its commercial vehicle markets cover buses, trains, mining trucks, marine and port applications, and automated guided and specialty vehicles, as well as light, medium, heavy-duty trucks in the United States and internationally. The company was incorporated in 2006 and is based in Stafford, Texas.
Earnings for Microvast Holdings, Inc. (MVST)
Earnings in 2023 (TTM): $-106,402,000
According to Microvast Holdings, Inc.'s latest financial reports the company's current earnings (TTM) are $-106,402,000. The earnings displayed on this page is the company's Pretax Income.
Earnings history of Microvast Holdings, Inc.
Annual Earnings
| Year | Income Before Tax | Net Income |
|---|---|---|
| 2023 | $-106,402,000 | $-106,336,000 |
| 2022 | $-158,167,000 | $-158,200,000 |
| 2021 | $-206,483,000 | $-211,494,000 |
| 2020 | $-33,624,000 | $-33,625,000 |
| 2019 | $-59,474,000 | $-59,663,000 |
| 2018 | $-54,266,000 | $-100,033,000 |