Earnings Call Summary | KULR Technology(KULR.US) Q2 2024 Earnings Conference
Earnings Call Summary | KULR Technology(KULR.US) Q2 2024 Earnings Conference
The following is a summary of the KULR Technology Group, Inc. (KULR) Q2 2024 Earnings Call Transcript:
以下是KULR Technology Group, Inc. (KULR) Q2 2024業績會議通話記錄摘要：
Financial Performance:
金融業績：
Q2 2024 revenue increased to $2.43 million, up 39% sequentially from Q1 2024.
Engineering service revenue grew 76% year-over-year, reaching a record $1.3 million.
Notable increase in the number of total paying customers by 42% year-over-year.
Strong balance sheet improvement with cash and receivables up 40%, and liabilities down 42%.
Reduction in cash use from operations by 7% and cash used in investing activities by 82%.
2024年第二季度營業收入243萬美元，環比2024年第一季度增長39%。
工程服務收入同比增長76%，達到創紀錄的130萬美元。
付費客戶總數同比增長42%。
現金及應收賬款增加40%，負債減少42%。
運營現金流和投資活動現金流減少7%和82%。
Business Progress:
業務進展：
Significant investment made in the Battery Center of Excellence to enhance capabilities in battery design, testing, prototyping, and volume production.
Launched a new 17,500 square foot facility in Texas to support increasing demands from the aerospace, defense, electric mobility, and space exploration industries.
Upgraded battery design and analysis capabilities, integrating cutting-edge solutions for managing thermal runaway in lithium-ion batteries.
Expanding KULR Vibe technology to new applications such as server and industrial fans, expecting new customer engagement reports in H2 2024.
Preparing to launch a commercial off-the-shelf version of the KULR ONE Space battery system in fall 2024.
在電池卓越中心進行了重大投資，以增強電池設計、測試、樣機和批量生產能力。
在德克薩斯州推出了一個新的佔地17,500平方英尺的設施，以支持航空航天、國防、電動汽車和空間探索行業的不斷增長需求。
升級電池設計和分析能力，整合前沿解決方案以管理鋰電池的熱失控。
將KULR Vibe技術擴展到新應用領域，如服務器和工業風扇，預計在2024年下半年發佈新的客戶參與報告。
準備在2024年秋季推出KULR ONE Space電池系統的商業現成版本。
Opportunities:
機會：
The space battery market, with a forecasted growth to $6.35 billion by 2030, presents significant opportunities, especially with the KULR ONE Space platform.
Increasing demand for advanced cooling solutions in AI applications indicates growth potential beyond traditional markets into sectors like data centers utilizing air-cooling systems.
太空電池市場預計到2030年增長至63.5億美元，尤其是KULR ONE Space平台。
人工智能應用中對先進冷卻解決方案的需求增加，預示着行業增長潛力不僅限於傳統市場，還將涉及到利用空氣冷卻系統的數據中心等其他領域。
Risks:
風險：
Gradual growth expected in AI services as technologies such as KULR Vibe continue developing.
隨着KULR Vibe等技術的不斷髮展，預計人工智能服務逐步增長。
More details: KULR Technology IR
更多詳情請參閱KULR Technology IR。
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：如需更全面的詳情，請參閱投資人關係網站。本文僅供投資者參考，不作任何指引或建議。
譯文內容由第三人軟體翻譯。