Kandi Technologies Group (KNDI) Income Statement: Revenue & Earnings

Kandi Technologies Group Income Statement Analysis

Revenue, earnings, and profit margins in millions USD

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Kandi Technologies Group, Inc. income statement - Annual data in millions USD
Breakdown	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2018
Period Ending	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2018
Revenue & Gross Profit
Revenue	127.57	123.60	117.81	91.49	76.92	112.44
Cost of Revenue	88.30	82.23	98.30	75.24	63.43	92.19
Gross Profit	39.27	41.37	19.52	16.25	13.49	20.25
Operating Expenses
Research & Development	5.00	4.27	6.03	38.97	7.25	10.08
Selling, General & Administrative	78.92	48.72	37.83	24.34	19.66	11.80
Operating Expenses	83.92	50.97	42.22	63.31	26.91	4.10
Operating Income	-44.65	-9.60	-27.68	1.34	-13.42	16.15
Other Income/Expense
Interest Income	10.05	9.98	6.43	4.21	2.19	1.32
Interest Expense	-2.20	1.33	-0.71	0.41	-3.75	1.87
Other Income/Expense	2.16	4.41	3.64	-22.84	3.18	-13.53
Income
Income Before Tax	-56.08	3.47	-13.34	29.21	-15.44	2.08
Income Tax Expense	-5.13	1.80	-0.49	6.35	-5.05	7.77
Net Income	-50.50	0.01	-12.12	22.86	-10.39	-5.69
Net Income - Continuous Operations	-50.95	1.67	-12.85	22.86	0.00	0.00
Net Income - Discontinued Operations	0.00	0.00	0.00	0.00	0.00	0.00
EBITDA	-32.82	16.71	-0.20	39.66	-5.28	8.27
EBIT	-44.65	4.80	-12.63	29.62	-13.42	3.95
Depreciation & Amortization	11.83	11.91	10.17	8.65	8.14	0.00
Earnings Per Share
Basic EPS	-1.00	-	-	-	-	-
Diluted EPS	-1.00	-	-	-	-	-
Basic Shares Outstanding	86.32	78.78	75.57	76.15	55.96	51.19
Diluted Shares Outstanding	86.32	79.90	75.57	76.15	55.96	51.19