Space includes companies engaged in space exploration, launch providers, the defense industry, satellite technology, and commercial products and services, such as satellite internet and space tourism. Space companies operate in a rapidly growing sector with increasing demand for satellite services, space exploration, and technology innovations. Their diverse revenue streams, government contracts, and global reach make them appealing to investors seeking long-term opportunities.
KULR Reports Record Fourth Quarter Revenue and Full-Year 2024 Financial Results
Positive
44% increase in Q4 revenue to $3.37M year-over-year
Gross margin improvement from 29% to 64% in Q4
Significant cash position increase to $29.83M from $1.19M year-over-year
29% reduction in Q4 operating loss
Operating loss decreased by $7.18M for full-year 2024
SG&A expenses reduced by 16% in 2024
Secured multiple defense and military contracts
Negative
Net loss of $4.62M in Q4 ...
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