KNDI
Kandi Technologies Group, Inc.
NASDAQ · Consumer Cyclical · Auto - Parts · CN
$3.31
−7.42%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 108.3M | 87.4M | 127.6M | 123.6M | 117.8M |
| Cost of Revenue | 62.5M | 50.1M | 88.3M | 82.2M | 98.3M |
| Gross Profit | 45.7M | 37.3M | 39.3M | 41.4M | 19.5M |
| Operating Expenses | |||||
| R&D Expense | 7.5M | 7.6M | 5.0M | 4.3M | 6.0M |
| SG&A Expense | 72.1M | 71.1M | 78.9M | 48.7M | 37.8M |
| General & Admin Expense | 55.0M | 54.4M | 57.7M | 35.4M | 32.3M |
| Selling & Marketing Expense | 17.1M | 16.7M | 21.2M | 13.3M | 5.5M |
| Other Expenses | 15.8M | — | 24.1M | 1.4M | 3.3M |
| Total Operating Expenses | 95.4M | 78.7M | 108.1M | 54.4M | 47.2M |
| Cost and Expenses | 158.0M | 128.8M | 196.4M | 136.7M | 145.5M |
| Operating Income (EBIT) | (49.7M) | (41.4M) | (68.8M) | (13.1M) | (27.7M) |
| Non-Operating | |||||
| Interest Income | 3.6M | 8.7M | 10.0M | 10.0M | 6.4M |
| Interest Expense | — | 1.9M | 2.2M | 1.3M | 707.5K |
| Net Interest Income | 6.5M | 6.8M | 7.9M | 8.7M | 5.7M |
| Other Non-Op Income/Expense | (34.4M) | (50.2M) | 12.7M | 16.5M | 14.3M |
| Non-Operating Income (excl Interest) | (15.8M) | — | (24.1M) | (1.4M) | (3.3M) |
| EBT (Pre-Tax Income) | (84.1M) | (91.6M) | (56.1M) | 3.5M | (13.3M) |
| Income Tax Expense | 4.4M | 3.9M | (5.1M) | 1.8M | (487.5K) |
| Bottom Line | |||||
| Net Income | (86.3M) | (93.9M) | (50.5M) | 7.1K | (12.1M) |
| Earnings from Cont. Ops | (87.9M) | (95.6M) | (51.0M) | 1.7M | (12.9M) |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | (86.3M) | (93.9M) | (50.5M) | 7.1K | (12.1M) |
| Per Share | |||||
| Basic EPS | ($10.64) | ($11.20) | ($5.90) | $0.00 | ($1.60) |
| Diluted EPS | ($10.64) | ($11.20) | ($5.90) | $0.00 | ($1.60) |
| Revenue Per Share | $11.17 | $10.46 | $15.52 | $15.69 | $15.59 |
| Shares | |||||
| Basic Shares Outstanding | 9.7M | 8.4M | 8.2M | 7.9M | 7.6M |
| Diluted Shares Outstanding | 9.7M | 8.4M | 8.6M | 8.0M | 7.6M |
| Profitability Metrics | |||||
| EBITDA | (26.9M) | (35.7M) | (32.6M) | 301.0K | (11.9M) |
| D&A | 7.1M | 5.7M | 12.0M | 11.9M | 12.4M |
| EBIT | (33.9M) | (41.4M) | (44.6M) | (11.6M) | (24.3M) |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026