Microvast (US:MVST)2025-08-11 21:00Financial Performance - Q2 2025 revenue reached $91.3 million, a 9.2% year-over-year increase[18] - Q2 2025 gross margin improved to 34.7%, a 2.2 percentage point increase year-over-year[18] - Adjusted EBITDA for Q2 2025 was $25.9 million[20] - The company achieved an adjusted net profit of $16.3 million for the quarter after accounting for non-cash items[57] Regional Revenue - APAC revenue for Q2 2025 was $47.658 million, a 34% increase year-over-year[60] - EMEA revenue for Q2 2025 was $38.885 million, a 17% decrease year-over-year[60] - USA revenue for Q2 2025 was $4.796 million, a 276% increase year-over-year[60] Cash Flow and Outlook - The company ended the period with $138.8 million in cash, including restricted cash, a $29.2 million increase[66] - The company is targeting revenue growth of 18-25% for 2025[70] - Revenue guidance for 2025 is $450-475 million[71] - The company is targeting a gross margin of 30-32% for 2025[72]