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.
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