News

Microvast Reports 2024 Financial Results

  • GlobeNewswire--Financial Post
  • published date: 2025-03-31 21:04:49 UTC

Revenue increased 23.9% year over year to $379.8 million in FY 2024 Record quarterly revenue of $113.4 million, up 8.4% year over year in Q4 2024 Gross margin increased from 18.7% to 31.5%, a 12.8 percentage point improvement year over year, with Q4 2024 gros…

Author of the article: Article content <ul><li>Revenue increased 23.9% year over year to $379.8 million in FY 2024</li><li>Record quarterly revenue of $113.4 million, up 8.4% year over year in Q4 2… [+48208 chars]