Kandi Technologies Group, Inc.

KNDI · XNAS

CIK 1720250fmd_03MZ63WWNT7T9NVN3V0YTS3V90Manufacturing · Motor Vehicle Parts & AccessoriesTemplate: Standard

Coverage: Jan 01, 2022 to Dec 31, 2025, 4 periods

Income Statement · Annual · Millions · USD
Line item	FY2022	FY2023	FY2024	FY2025
Total revenues	118	124	128	87
Cost of revenue	98	82	88	50
Gross profit	20	41	39	37
Realized investment gains (losses)	–	(0)	0	(1)
Research and development	6	4	5	8
Selling, general and administrative	38	49	79	71
Total operating expenses	47	54	108	94
Operating income	(28)	(13)	(69)	(57)
Interest expense	1	1	2	2
Interest and investment income	6	10	10	9
Other non-operating income (expense)	14	17	13	(34)
Income before taxes	(13)	3	(56)	(92)
Income tax expense	(0)	2	(5)	4
Net income from continuing operations	(13)	2	(51)	(96)
Net income	(12)	0	(50)	(94)