Microvast Holdings, Inc.

NasdaqCM MVST

Microvast Holdings, Inc. Net Income Margin for the Trailing 12 Months (TTM) ending September 30, 2024: -30.88%

Microvast Holdings, Inc. Net Income Margin is -30.88% for the Trailing 12 Months (TTM) ending September 30, 2024, a 28.66% change year over year. Net Income Ratio, also known as the profit margin, is the ratio of net income to net sales, showing the percentage of revenue that remains as profit after all expenses are deducted.

Microvast Holdings, Inc. Net Income Margin for the Trailing 12 Months (TTM) ending September 30, 2023 was -43.28%, a 48.29% change year over year.
Microvast Holdings, Inc. Net Income Margin for the Trailing 12 Months (TTM) ending September 30, 2022 was -83.71%, a 35.82% change year over year.
Microvast Holdings, Inc. Net Income Margin for the Trailing 12 Months (TTM) ending September 30, 2021 was -130.42%, a -77.17% change year over year.
Microvast Holdings, Inc. Net Income Margin for the Trailing 12 Months (TTM) ending September 30, 2020 was -73.62%.

Key data

Date	Net Income Margin	EBITDA Margin	EBIT Margin	EBITDA

NasdaqCM: MVST

Microvast Holdings, Inc.

CEO	Mr. Yang Wu
IPO Date	March 27, 2019
Location	United States
Headquarters	12603 Southwest Freeway
Employees	2,006
Sector	Utilities
Industries Energy Storage & Batteries Automobiles & Vehicles Electric Vehicles (EVs)

Description

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.

Key trends

Past 5 years