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Kulr Technology Group vs Lightwave Logic

Kulr Technology Group is the larger business, with $16.2m of revenue in fiscal 2025 against $236,855 for Lightwave Logic (68.3 times as much). Lightwave Logic grew faster (147.7% against 50.6%). Kulr Technology Group kept more of each dollar of sales as profit: a net margin of -382.8% against -8576.5%. Kulr Technology Group carries less debt relative to equity (0.0% against 0.0%).

Latest fiscal yearKulr Technology GroupKULR, 2025Lightwave LogicLWLG, 2025
Revenue $16.2m $236,855
Revenue growth 50.6% 147.7%
Net income −$61.9m −$20.3m
Operating margin -265.9% -8765.5%
Net margin -382.8% -8576.5%
Return on equity -69.1% -37.6%
Free cash flow −$47.9m −$15.1m
Cash $13.3m $69.0m
Total debt $0 $0
Debt to equity 0.0% 0.0%
Dividend per share — —
Dividend yield — —
Share buybacks $97,522 —
Employees — 34
Market value $76.1m $730m
Price vs our value range — —
Moat score 13 (Weak) —
Insider trades, 12 months 0 buys, 0 sales 0 buys, 12 sales

Each figure is from the company's latest annual report and links to the page it comes from. Fiscal years can end on different dates. Market value and the value verdict use the delayed price shown on the stock pages. Not a recommendation.

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Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.