KULR Technology

OverviewSuggest Edit

KULR Technology (formerly known as KT High-Tech Marketing) is a company that develops and commercializes high-performance thermal management technologies for batteries, electronics, and other components across an array of battery-powered applications. It offers HYDRA thermal runaway shield, ARA thermal capacitor, LYRA ISC trigger cell, and other technologies. The products are used in electric transportation, energy storage, cloud computing, defense applications, etc.
TypePublic
Founded2013
HQSan Diego, CA, US
Websitekulrtechnology.com

Latest Updates

Employees (est.) (Dec 2021)52(+478%)
Revenue (FY, 2021)$2.4 M(+287%)
Share Price (Jul 2022)$1.5(+7%)
Cybersecurity ratingBMore
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Key People/Management at KULR Technology

Michael Mo

Michael Mo

Chief Executive Officer
Timothy Knowles

Timothy Knowles

Chief Technology Officer
Simon Westbrook

Simon Westbrook

Chief Financial Officer
Michael G. Carpenter

Michael G. Carpenter

Vice President of Engineering
Keith Cochran

Keith Cochran

President, Chief Operating Officer
Greg Provenzano

Greg Provenzano

Vice President of Sales and Marketing
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KULR Technology Office Locations

KULR Technology has an office in San Diego
San Diego, CA, US (HQ)
4863 Shawline St B
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KULR Technology Financials and Metrics

KULR Technology Revenue

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View revenue for all periods
KULR Technology's revenue was reported to be $2.41 m in FY, 2021
USD

Revenue (Q1, 2022)

200.5k

Gross profit (Q1, 2022)

77.6k

Gross profit margin (Q1, 2022), %

38.7%

Net income (Q1, 2022)

(4.1m)

EBIT (Q1, 2022)

(4.2m)

Market capitalization (28-Jul-2022)

160.2m

Closing stock price (28-Jul-2022)

1.5

Cash (31-Mar-2022)

10.1m

EV

150.7m
KULR Technology's current market capitalization is $160.2 m.
Annual
USDFY, 2019FY, 2020FY, 2021

Revenue

830.4k624.0k2.4m

Revenue growth, %

(35%)(25%)

Cost of goods sold

226.5k169.0k1.1m

Gross profit

603.9k454.9k1.3m
Quarterly
USDQ1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Revenue

77.5k201.1k136.8k417.9k628.2k600.9k200.5k

Cost of goods sold

25.9k41.4k61.0k275.3k439.2k155.1k122.9k

Gross profit

51.6k159.7k75.9k142.6k189.0k445.8k77.6k

Gross profit Margin, %

67%79%55%34%30%74%39%
Annual
USDFY, 2019FY, 2020FY, 2021

Cash

108.9k8.9m14.9m

Accounts Receivable

30.1k55.5k136.3k

Prepaid Expenses

23.8k159.2k570.4k

Inventories

27.1k55.5k191.3k
Quarterly
USDQ1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Cash

634.1k767.9k2.8m6.2m12.2m11.0m10.1m

Accounts Receivable

56.8k72.7k70.1k345.3k614.8k550.4k193.1k

Prepaid Expenses

68.6k44.3k140.5k584.4k488.5k450.8k1.9m

Inventories

31.6k40.7k48.2k54.1k182.5k190.8k287.3k
Annual
USDFY, 2019FY, 2020FY, 2021

Net Income

(2.0m)(2.9m)(11.9m)

Depreciation and Amortization

17.3k15.7k67.7k

Inventories

(17.6k)(28.4k)(135.9k)

Accounts Payable

230.9k(296.1k)385.3k
Quarterly
USDQ1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Net Income

(550.3k)(979.2k)(2.0m)(1.7m)(4.7m)(7.8m)(4.1m)

Depreciation and Amortization

543.05.5k10.6k4.8k9.9k29.2k41.5k

Inventories

(4.5k)(13.6k)(21.1k)1.3k(127.0k)(135.3k)(96.0k)

Accounts Payable

(135.3k)(235.1k)(253.5k)111.8k53.1k(1.8k)(265.8k)
USDFY, 2019

Revenue/Employee

69.2k

Financial Leverage

-0.3 x
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KULR Technology Operating Metrics

FY, 2018FY, 2019FY, 2020FY, 2021

Product Categories

4668

Patents (US)

4445

Patent Applications (US)

7888

KULR Technology Acquisitions / Subsidiaries

Company NameDateDeal Size
KULR Technology Corporation

KULR Technology Revenue Breakdown

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KULR Technology revenue breakdown by business segment: 62.0% from Product Sales and 38.0% from Contract Services

KULR Technology Cybersecurity Score

Cybersecurity ratingPremium dataset

B

86/100

SecurityScorecard logo

KULR Technology Online and Social Media Presence

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KULR Technology News and Updates

Proactive news headlines including Avalon GloboCare, Bridgeline Digital, KULR Technology, Cabral Gold, Infield Minerals and Oragin Foods

New York , June 30, 2022 (GLOBE NEWSWIRE) -- Proactive, provider of real-time news and video interviews on growth companies listed in the US and Canada, has covered the following companies:

KULR Technology Group Reports First Quarter 2022 Financial Results

SAN DIEGO, May 16, 2022 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE American: KULR) (the "Company" or "KULR"), a leading developer of next-generation lithium-ion battery safety and thermal management technologies, today reported results for the first quarter ended March 31, 2022.

KULR Technology Group Provides Biosensing Solution for the Metaverse

SAN DIEGO, May 03, 2022 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE American: KULR) (the "Company" or "KULR"), today announced it has shipped prototypes of a core component in the sensing of electrical nerve signals to control navigation through virtual environments to a major original e…

KULR Technology Group to Attend 7th Annual Oppenheimer Emerging Growth Conference on May 10th, 2022

SAN DIEGO, April 29, 2022 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE American: KULR) (the "Company" or "KULR"), a leading developer of next-generation lithium-ion battery safety and thermal management technologies, today announced its attendance at the 7th Annual Oppenheimer Emerging Gr…

KULR Technology Group to Present at the Energy Storage Systems Safety & Reliability Forum on May 4th, 2022

SAN DIEGO, April 05, 2022 (GLOBE NEWSWIRE) -- KULR Technology Group, Inc. (NYSE American: KULR) (the "Company" or "KULR"), a leading developer of next-generation lithium-ion battery safety and thermal management technologies, today announced that it will present at the 6th annual virtual Energy St…

KULR Technology Provides Lithium-Ion Cell Testing Services to NASA for Upcoming Artemis Program

Company is Testing Battery Compliance to Key Specifications for Mission Safety
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KULR Technology Blogs

KULR RECEIVES FOLLOW-ON PHASE CHANGE MATERIAL HEAT SINK ORDER FROM LOCKHEED MARTIN

Repeat business like this is a testament to our reliable engineering, testing, and design capabilities that meet the stringent requirements of long-range weapon systems.

KULR SET TO JOIN RUSSELL MICROCAP® INDEX

FTSE Russell is a global index leader that provides innovative benchmarking, analytics and data solutions for investors worldwide.

KULR TO CO-HOST BATTERY SAFETY, RECYCLING, AND CIRCULAR ECONOMY FORUM WITH RETRIEV TECHNOLOGIES AND BATTERY SOLUTIONS

This event will promote safe battery transportation, energy storage, and recycling as it pertains to the circular economy. In addition...

KULR TECHNOLOGY GROUP SET FIRST QUARTER 2022 EARNINGS CALL FOR MONDAY, MAY 16, 2022 AT 4:30 P.M. ET

KULR management will host the conference call, followed by a question-and-answer period.

KULR TECHNOLOGY GROUP TO ATTEND 7TH ANNUAL OPPENHEIMER EMERGING GROWTH CONFERENCE ON MAY 10TH, 2022

CEO Michael Mo is scheduled to participate in virtual 1-on-1 meetings with the investment community.
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KULR Technology Frequently Asked Questions

  • When was KULR Technology founded?

    KULR Technology was founded in 2013.

  • Who are KULR Technology key executives?

    KULR Technology's key executives are Michael Mo, Timothy Knowles and Simon Westbrook.

  • How many employees does KULR Technology have?

    KULR Technology has 52 employees.

  • What is KULR Technology revenue?

    Latest KULR Technology annual revenue is $2.4 m.

  • What is KULR Technology revenue per employee?

    Latest KULR Technology revenue per employee is $46.4 k.

  • Who are KULR Technology competitors?

    Competitors of KULR Technology include Herzan, Spectricity and NanoScent.

  • Where is KULR Technology headquarters?

    KULR Technology headquarters is located at 4863 Shawline St B, San Diego.

  • Where are KULR Technology offices?

    KULR Technology has an office in San Diego.

  • How many offices does KULR Technology have?

    KULR Technology has 1 office.