KULR Technology Group Reports First Quarter 2025 Financial Results
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 15 2025
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Source: Globenewswire
Financial Performance: KULR Technology Group reported a 40% increase in revenue for Q1 2025, reaching $2.45 million, but also faced a net loss of $18.81 million due to increased expenses and a mark-to-market adjustment on bitcoin holdings.
Strategic Developments: The company is expanding its operations into the robotics market through a partnership with German Bionic, while also increasing its bitcoin holdings to 716 BTC as part of its treasury strategy, aiming to enhance shareholder value.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
