Financial Statements — KNDI
Balance Sheet
(in millions USD)| Metric | FY
2025 | FY
2024 |
|---|
| Cash & Equivalents | 35.53 | 37.31 |
| Accounts Receivable | 22.48 | 26.46 |
| Inventory | 26.36 | 51.27 |
| Total Current Assets | 301.08 | 354.65 |
| Property, Plant & Equipment | 58.60 | 63.50 |
| Goodwill | 22.49 | 31.18 |
| Intangible Assets | 0.32 | 3.89 |
| Total Non-current Assets | 98.58 | 119.25 |
| Total Assets | 399.66 | 473.90 |
| Accounts Payable | 22.11 | 25.48 |
| Short-term Debt | 30.75 | 37.53 |
| Total Current Liabilities | 128.42 | 120.39 |
| Long-term Debt | 6.10 | 6.10 |
| Total Non-current Liabilities | 1.19 | 6.87 |
| Total Liabilities | 129.60 | 127.27 |
| Retained Earnings | (160.71) | (66.83) |
| Total Stockholder Equity | 270.06 | 344.70 |
Income Statement
(in millions USD) (except per-share rows)| Metric | FY
2025 | FY
2024 |
|---|
| Total Revenue | 87.44 | 127.57 |
| Cost of Revenue | 50.15 | 88.30 |
| Gross Profit | 37.29 | 39.27 |
| Research & Development | 7.62 | 5.00 |
| Selling, General & Admin | 54.39 | 57.68 |
| Total Operating Expenses | 94.47 | 108.05 |
| Operating Income | (57.18) | (68.78) |
| Pretax Income | (91.63) | (56.08) |
| Tax Provision | 3.94 | (5.13) |
| Net Income | (93.88) | (50.50) |
| Basic EPS | (1.14) | (0.59) |
| Diluted EPS | (1.14) | (0.59) |
Cash Flow Statement
(in millions USD)| Metric | FY
2025 | FY
2024 |
|---|
| Operating Cash Flow | 96.81 | (17.82) |
| Capital Expenditures | 0.43 | 0.93 |
| Free Cash Flow* | 96.38 | (18.76) |
| Investing Cash Flow | (77.47) | 25.72 |
| Financing Cash Flow | (14.55) | 22.51 |
* Derived from reported values
