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KULR Technology Group Inc Reports First Quarter Results and Announces Shareholder Update Call

KULR Technology Group Inc. Reports First Quarter Results and Announces Shareholder Update Call ACCESSWIRE 21 May 2021, 23:05 GMT+10 SAN DIEGO, CA / ACCESSWIRE / May 21, 2021 /KULR Technology Group, Inc. (OTCQB:KULR) (the Company or KULR ), a leading developer of next-generation lithium-ion battery safety and thermal management technologies, today announced its financial results for the first quarter ended March 31, 2021. KULR s Q1 revenue increased by 439% year-over-year as we continue to make significant investments in all areas of our business to sustain and expand in 2021 and beyond. We are pleased to announce the Company recently raised $6.5 million in capital on May 20, 2021. Our belief is that this investment validates the value our new investors see in KULR s ability to commercialize within additional e-mobility markets. This funding is expected to significantly strengthen the Company s balance sheet and further advance KULR s up listing process to a senior U.S. exchang

KULR Technology Group Inc estimates 400% year-over-year revenue increase in preliminary 1Q results

KULR Technology estimates 400% year-over-year revenue increase in preliminary 1Q results Revenue for the three months ended March 31 is estimated to be $410,000, up from $77,509 in the same period of 2020 During the quarter, NASA’s Perseverance rover, with KULR thermal technology on board, landed on Mars KULR Technology Group Inc (OTCQB:KULR) has announced its unaudited preliminary financial results for the first quarter of 2021, revealing revenue that surged 400% year-over-year. Revenue for the three months ended March 31, 2021, is estimated to be $410,000, a surge from $77,509 in the same period of 2020. Gross profit, meanwhile, is estimated to be $140,000 in the quarter, which would be an increase of more than 170% from $51,574 last year.

If EV Stocks Bounce, Watch KULR as Emerging Battery Safety Play (TSLA, WKHS, FCEL, PLUG, NIO, BLNK)

If EV Stocks Bounce, Watch KULR as Emerging Battery Safety Play (TSLA, WKHS, FCEL, PLUG, NIO, BLNK)
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Stock Day Media: CEO of KULR Technology Group Inc , Michael Mo, Featured on The Stock Day Podcast

Stock Day Media: CEO of KULR Technology Group Inc , Michael Mo, Featured on The Stock Day Podcast
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KULR Technology Group Inc emerges as leading provider of NASA-grade electronics and lithium-ion battery safety solutions

KULR Technology Group Inc emerges as leading provider of NASA-grade electronics and lithium-ion battery safety solutions
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