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Earnings Call Summary | KULR Technology(KULR.US) Q1 2024 Earnings Conference

Earnings Call Summary | KULR Technology(KULR.US) Q1 2024 Earnings Conference

業績電話會議摘要 | KULR 科技 (KULR.US) 2024 年第一季度業績會議
富途資訊 ·  05/18 23:46  · 電話會議

The following is a summary of the KULR Technology Group, Inc. (KULR) Q1 2024 Earnings Call Transcript:

以下是KULR科技集團有限公司(KULR)2024年第一季度業績電話會議記錄摘要:

Financial Performance:

財務業績:

  • KULR Technology Group reported Q1 2024 revenue of $1.8 million, with service revenue seeing substantial growth of 769% as compared to the same quarter last year.

  • Product revenue saw a decrease due to order delays.

  • The gross margin fell to 29% from the previous year's 37% due to non-corresponding expenses for a significant project.

  • The company was able to reduce operating expenses by 25% compared to Q1 2023.

  • The company's financial position remains strong with over $3 million in hand.

  • KULR科技集團報告稱,2024年第一季度收入爲180萬美元,服務收入與去年同期相比大幅增長769%。

  • 由於訂單延遲,產品收入有所下降。

  • 由於一個重大項目的非相應費用,毛利率從去年的37%降至29%。

  • 與2023年第一季度相比,該公司得以將運營費用減少25%。

  • 該公司的財務狀況仍然強勁,手頭資金超過300萬美元。

Business Progress:

業務進展:

  • KULR achieved substantial growth in its KULR ONE design solutions business and reduced its operational expenses.

  • AI-based tools have been introduced for efficient testing and data analysis and the SafeCASE product has obtained permission for battery shipping for recycling.

  • New customers increased in Q1 2024 compared to Q1 2023.

  • Infrastructure for KULR ONE design solutions has been consolidated in Webster, Texas.

  • The new Texas facility will be fully operational in Q3 of this year, promising a substantial increase in revenue from testing services.

  • Progress includes repaying the prepaid advance note, significant partnerships with prestigious companies like SpaceX and Blue Origin, launching an online marketplace for direct orders, and expansion in capacity with a larger facility.

  • KULR的KULR ONE設計解決方案業務實現了大幅增長,並降低了運營開支。

  • 已經引入了基於人工智能的工具來進行高效的測試和數據分析,SafeCase產品已獲得回收電池運輸許可。

  • 與 2023 年第一季度相比,2024 年第一季度的新客戶有所增加。

  • KULR ONE 設計解決方案的基礎設施已整合到德克薩斯州的韋伯斯特。

  • 得克薩斯州的新工廠將於今年第三季度全面投入運營,有望大幅增加測試服務的收入。

  • 進展包括償還預付預付款,與SpaceX和Blue Origin等知名公司建立重要合作伙伴關係,推出在線直接訂單市場,以及通過更大的設施擴大產能。

More details: KULR Technology IR

更多詳情: KULR 紅外科技

Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.

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譯文內容由第三人軟體翻譯。


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