NASDAQ$MVST

Microvast Holdings Inc · Q1 2023 earnings

Q1 2023 earnings · · Investor relations

Headline financials

Total Revenue

$47M

Previous: $36.7M+28.1%
EPS (adj)

-$0.10

Previous: -$0.15+33.3%
Gross margin

10.3%

No prior period
Adjusted gross margin

13.5%

No prior period
Capital Expenditures

-$35.9M

Previous: -$41.1M+12.5%
Free Cash Flow

-$65.5M

Previous: -$84.8M+22.8%
Net Income

-$29.6M

Previous: -$43.8M+32.4%
Operating Income

-$31.3M

Previous: -$43.3M+27.6%
Gross Profit

$4.86M

Previous: $13K+37269.2%
Cash & Equivalents

$200M

Previous: $416M-51.9%
Total Assets

$1B

Previous: $999M+0.5%
Stock-Based Comp

$17.9M

Previous: $28.1M-36.3%

Revenue & EPS history

Microvast · Revenue · Quarterly

$47M

Q1 2023+28.1%vs Q1 2022
Beat estimate in 10 of 13 quarters(77%)
ActualEstimate

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2023

Historical avgQ1 2023

+14.0%

Avg return

Earnings day

+8.6%

Avg return

5 days after

+14.8%

Avg return

30 days after

43%

12 / 28 earnings

Positive

+308.0%

Q3 2024

Best reaction

-29.5%

Q4 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-5.6%-33.8%-47.4%
Q4 2025+7.1%-30.7%-19.9%
Q3 2025-10.1%-22.9%-32.9%
Q1 2025+30.0%+41.4%+75.7%
Q4 2024+32.5%+53.0%+60.7%
Q3 2024+308.0%+268.2%+546.2%
Q2 2024-5.2%-11.4%-33.3%
Q1 2024+8.7%+11.7%-6.4%
Q4 2023-29.5%-41.2%-51.7%
Q3 2023+3.0%-1.1%-15.6%
Q2 2023-2.0%-16.5%-11.7%
Q1 2023+57.1%+39.5%+23.5%
Q4 2022-4.6%-3.8%-1.5%
Q3 2022+8.4%+9.3%-14.1%
Q2 2022+4.2%+3.2%-10.9%
Q1 2022+10.8%+26.3%-26.3%
Q4 2021-4.6%-17.3%-31.1%
Q3 2021-3.6%-7.7%-22.6%
Q4 2020-3.6%-7.7%-22.6%
Q2 2021-6.6%-14.2%-11.5%
Q1 2021+2.2%+1.1%-2.3%
Q3 2020-0.3%+0.5%+68.6%
Q2 2020+0.0%-0.1%-0.2%
Q1 2020+0.4%+0.4%+1.0%
Q4 2019-2.9%-4.3%-0.1%
Q3 2019-0.1%-0.4%+0.1%
Q2 2019-0.5%-0.6%-0.4%
Q1 2019-0.2%-0.1%-0.1%

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