Highway Holdings vs Kulr Technology Group
Kulr Technology Group is the larger business, with $16.2m of revenue in fiscal 2025 against $4.8m for Highway Holdings (3.4 times as much). Kulr Technology Group grew faster (50.6% against -35.2%). Highway Holdings kept more of each dollar of sales as profit: a net margin of -31.7% against -382.8%.
| Latest fiscal year | Highway HoldingsHIHO, 2026 | Kulr Technology GroupKULR, 2025 |
|---|---|---|
| Revenue | $4.8m | $16.2m |
| Revenue growth | -35.2% | 50.6% |
| Net income | −$1.5m | −$61.9m |
| Operating margin | — | -265.9% |
| Net margin | -31.7% | -382.8% |
| Return on equity | -27.3% | -69.1% |
| Free cash flow | −$1.5m | −$47.9m |
| Cash | $4.4m | $13.3m |
| Total debt | $569,000 | $0 |
| Debt to equity | — | 0.0% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | $97,522 |
| Employees | — | — |
| Market value | $3.9m | $76.1m |
| Price vs our value range | — | — |
| Moat score | 24 (Weak) | 13 (Weak) |
| Insider trades, 12 months | 0 buys, 0 sales | 0 buys, 0 sales |