Tuscan Holdings Corp. ^THCB

Trading inactive

Finances

	2024	2020
Revenue	379.801 M	0.000
Net income	-195.457 M ^{-14 310.29 %}	1.375 M
Income before tax	-195.457 M ^{-11 318.82 %}	1.742 M
Income before tax ratio	-0.51	0.00
EBITDA	-116.090 M ^{-11 608.91 %}	1.009 M
Net income ratio	-0.51	0.00
Ratio EBITDA	-0.31	0.00
Gross profit ratio	0.31	0.00
Weighted average shs out dil	318.463 B ^{897 724.54 %}	35.470 M
Weighted average shs out	318.463 B ^{897 724.54 %}	35.470 M
EPS diluted	-0.61 ^{-1 672.16 %}	0.04
Earnings per share	-0.61 ^{-1 672.16 %}	0.04
Gross profit	119.552 M	0.000
Income tax expense	0.000 ^{100.00 %}	-366.764 K
Cost of revenue	260.249 M	0.000
General and administrative expenses	81.486 M	0.000
Selling and marketing expenses	-22.576 M	0.000
Other expenses	0.000 ^{100.00 %}	-921.665 K
Operating expenses	99.975 M ^{10 947.22 %}	-921.665 K
Cost and expenses	360.224 M ^{39 184.05 %}	-921.665 K
Research and development expenses	41.065 M	0.000
Selling general and administrative expenses	58.910 M	0.000
Interest income	742.000 K	0.000
Interest expense	-9.711 M	0.000
Depreciation and amortization	0.000 ^{-100.00 %}	1.930 M
Operating income	-116.090 M ^{-12 495.68 %}	-921.665 K
Operating income ratio	-0.31	0.00
Total other income expenses net	-79.367 M ^{-3 079.36 %}	2.664 M
	2024	2020

	2024	2020
Net debt	64.011 M ^{47 180.41 %}	-135.961 K
Total investments	0.000 ^{-100.00 %}	282.255 M
Total debt	137.018 M	0.000
Accumulated other comprehensive income loss	0.000	0.000
Retained earnings	0.000 ^{-100.00 %}	4.742 M
Common stock	0.000 ^{-100.00 %}	276.546 M
Total equity	387.895 M ^{7 657.90 %}	5.000 M
Other non current liabilities	219.223 M ^{109 511.50 %}	200.000 K
Long term debt	14.596 M	0.000
Total non current liabilities	233.819 M ^{105 476.88 %}	221.468 K
Other current liabilities	98.461 M ^{28 592.70 %}	343.157 K
Deferred revenue	43.678 M	0.000
Short term debt	122.422 M	0.000
Total current liabilities	330.153 M ^{51 030.70 %}	645.704 K
Total liabilities	563.972 M ^{64 935.77 %}	867.172 K
Other non current assets	25.417 M ^{-91.00 %}	282.255 M
Long term investments	0.000	0.000
Intangible assets	2.607 M	0.000
GoodWill	0.000	0.000
Goodwill and intangible assets	2.607 M	0.000
Property plant equipment net	495.817 M	0.000
Total non current assets	523.841 M ^{85.59 %}	282.255 M
Other current assets	91.066 M ^{132.27 %}	-282.232 M
Short term investments	0.000 ^{-100.00 %}	282.255 M
cash and cash equivalents	73.007 M ^{53 597.02 %}	135.961 K
Cash and short term investments	73.007 M ^{-74.15 %}	282.391 M
Total current assets	428.026 M ^{270 016.12 %}	158.460 K
Inventory	143.327 M	0.000
Net receivables	120.626 M	0.000
Tax assets	0.000	0.000
Other assets	0.000	0.000
Account payables	64.940 M	0.000
Tax payables	652.000 K ^{115.50 %}	302.547 K
Deferred revenue non current	0.000	0.000
Minority interest	0.000	0.000
Capital lease obligations	0.000	0.000
Preferred stock	0.000	0.000
Other total stockholders equity	387.895 M ^{240.40 %}	-276.288 M
Deferred tax liabilities non current	0.000 ^{-100.00 %}	21.468 K
Other liabilities	0.000	0.000
Total assets	951.867 M ^{237.05 %}	282.413 M
	2024	2020

	2024	2020
Deferred income tax	0.000 ^{100.00 %}	-5.601 K
Stock based compensation	30.840 M	0.000
Change in working capital	0.000 ^{100.00 %}	-435.321 K
Accounts receivables	8.791 M	0.000
Inventory	3.286 M	0.000
Accounts payables	-44.523 M ^{-85 848.13 %}	51.923 K
Other working capital	0.000 ^{100.00 %}	-51.923 K
Other non cash items	136.599 M ^{8 426.50 %}	-1.641 M
Net cash provided by operating activities	2.814 M ^{498.59 %}	-705.994 K
Investments in property plant and equipment	-27.721 M	0.000
Acquisitions net	0.000	0.000
Purchases of investments	0.000	0.000
Sales maturities of investments	5.564 M	0.000
Other investing activites	10.005 M ^{1 853.50 %}	512.157 K
Net cash used for investing activites	-12.152 M ^{-2 472.71 %}	512.157 K
Debt repayment	0.000	0.000
Common stock issued	0.000	0.000
Common stock repurchased	0.000	0.000
Dividends paid	0.000	0.000
Other financing activites	0.000 ^{-100.00 %}	189.495 K
Net cash used provided by financing activities	0.000 ^{-100.00 %}	189.495 K
Effect of forex changes on cash	0.000	0.000
Net change in cash	0.000 ^{100.00 %}	-4.342 K
Cash at beginning of period	0.000 ^{-100.00 %}	140.303 K
Cash at end of period	0.000 ^{-100.00 %}	135.961 K
Operating cash flow	2.814 M ^{498.59 %}	-705.994 K
Capital expenditure	-27.721 M	0.000
Free CashFlow	-24.907 M ^{-3 427.93 %}	-705.994 K
	2024	2020

	2025-06-30	2025-03-31	2024-12-31	2021-06-30	2020-12-31
Revenue	91.339 M ^{-21.59 %}	116.491 M ^{2.74 %}	113.387 M	0.000	0.000
Net income	-106.058 M ^{-271.64 %}	61.790 M ^{175.06 %}	-82.323 M ^{-3 914.59 %}	-2.051 M ^{-249.08 %}	1.375 M
Income before tax	-105.838 M ^{-271.29 %}	61.790 M ^{175.06 %}	-82.323 M ^{-3 948.06 %}	-2.034 M ^{-216.73 %}	1.742 M
Income before tax ratio	-1.16 ^{-318.45 %}	0.53 ^{173.06 %}	-0.73	0.00	0.00
EBITDA	16.214 M ^{-14.36 %}	18.932 M ^{1 436.06 %}	-1.417 M ^{31.46 %}	-2.068 M ^{-304.97 %}	1.009 M
Net income ratio	-1.16 ^{-318.91 %}	0.53 ^{173.06 %}	-0.73	0.00	0.00
Ratio EBITDA	0.18 ^{9.23 %}	0.16 ^{1 400.46 %}	-0.01	0.00	0.00
Gross profit ratio	0.35 ^{-5.95 %}	0.37 ^{0.84 %}	0.37	0.00	0.00
Weighted average shs out dil	323.643 M ^{-13.56 %}	374.425 M ^{-99.88 %}	322.327 B ^{908 619.37 %}	35.470 M ^{0.00 %}	35.470 M
Weighted average shs out	323.643 M ^{0.07 %}	323.431 M ^{-99.90 %}	322.327 B ^{908 619.37 %}	35.470 M ^{0.00 %}	35.470 M
EPS diluted	-0.33 ^{-760.00 %}	0.05 ^{119.23 %}	-0.26 ^{-349.83 %}	-0.06 ^{-248.97 %}	0.04
Earnings per share	-0.33 ^{-273.68 %}	0.19 ^{173.08 %}	-0.26 ^{-349.83 %}	-0.06 ^{-248.97 %}	0.04
Gross profit	31.723 M ^{-26.25 %}	43.016 M ^{3.60 %}	41.520 M	0.000	0.000
Income tax expense	-220.000 K	0.000	0.000 ^{100.00 %}	-16.954 K ^{95.38 %}	-366.764 K
Cost of revenue	59.616 M ^{-18.86 %}	73.475 M ^{2.24 %}	71.867 M	0.000	0.000
General and administrative expenses	3.997 M ^{-61.76 %}	10.453 M ^{-53.21 %}	22.340 M	0.000	0.000
Selling and marketing expenses	-3.424 M ^{49.64 %}	-6.799 M ^{2.82 %}	-6.996 M	0.000	0.000
Other expenses	0.000	0.000	0.000 ^{100.00 %}	-543.914 K ^{40.99 %}	-921.665 K
Operating expenses	8.292 M ^{-30.33 %}	11.902 M ^{-50.65 %}	24.118 M ^{4 534.16 %}	-543.914 K ^{40.99 %}	-921.665 K
Cost and expenses	67.908 M ^{-20.46 %}	85.377 M ^{-11.05 %}	95.985 M ^{17 747.09 %}	-543.914 K ^{40.99 %}	-921.665 K
Research and development expenses	7.719 M ^{-6.41 %}	8.248 M ^{-5.99 %}	8.774 M	0.000	0.000
Selling general and administrative expenses	573.000 K ^{-84.32 %}	3.654 M ^{-76.19 %}	15.344 M	0.000	0.000
Interest income	198.000 K ^{11.86 %}	177.000 K ^{-7.33 %}	191.000 K	0.000	0.000
Interest expense	-1.252 M ^{-5.39 %}	-1.188 M ^{25.52 %}	-1.595 M	0.000	0.000
Depreciation and amortization	0.000	0.000	0.000 ^{100.00 %}	-1.524 M ^{-178.93 %}	1.930 M
Operating income	16.214 M ^{-14.36 %}	18.932 M ^{1 436.06 %}	-1.417 M ^{-160.52 %}	-543.914 K ^{40.99 %}	-921.665 K
Operating income ratio	0.18 ^{9.23 %}	0.16 ^{1 400.46 %}	-0.01	0.00	0.00
Total other income expenses net	-122.052 M ^{-384.78 %}	42.858 M ^{152.97 %}	-80.906 M ^{-5 330.93 %}	-1.490 M ^{-155.92 %}	2.664 M
	2025-06-30	2025-03-31	2024-12-31	2021-06-30	2020-12-31

	2025-06-30	2025-03-31	2024-12-31	2021-06-30	2020-12-31
Net debt	42.928 M ^{-26.03 %}	58.037 M ^{-9.33 %}	64.011 M ^{96 393.34 %}	-66.475 K ^{51.11 %}	-135.961 K
Total investments	0.000	0.000	0.000 ^{-100.00 %}	281.672 M ^{-0.21 %}	282.255 M
Total debt	142.649 M ^{-4.22 %}	148.935 M ^{8.70 %}	137.018 M	0.000	0.000
Accumulated other comprehensive income loss	-27.240 M ^{20.69 %}	-34.347 M	0.000	0.000	0.000
Retained earnings	-1.137 B ^{-10.29 %}	-1.031 B	0.000 ^{100.00 %}	-6.475 M ^{-236.56 %}	4.742 M
Common stock	33.000 K ^{0.00 %}	33.000 K	0.000 ^{-100.00 %}	281.581 M ^{1.82 %}	276.546 M
Total equity	356.130 M	0.000 ^{-100.00 %}	387.895 M ^{6 091.04 %}	-6.475 M ^{-229.49 %}	5.000 M
Other non current liabilities	108.243 M ^{-37.79 %}	173.998 M ^{-20.63 %}	219.223 M ^{3 634.74 %}	5.870 M ^{2 834.92 %}	200.000 K
Long term debt	15.656 M ^{5.83 %}	14.793 M ^{1.35 %}	14.596 M	0.000	0.000
Total non current liabilities	123.899 M ^{-34.37 %}	188.791 M ^{-19.26 %}	233.819 M ^{3 883.40 %}	5.870 M ^{2 550.42 %}	221.468 K
Other current liabilities	282.977 M ^{171.74 %}	104.136 M ^{5.76 %}	98.461 M ^{12 185.08 %}	801.468 K ^{133.56 %}	343.157 K
Deferred revenue	41.542 M ^{-6.02 %}	44.204 M ^{1.20 %}	43.678 M	0.000	0.000
Short term debt	126.993 M ^{-5.33 %}	134.142 M ^{9.57 %}	122.422 M	0.000	0.000
Total current liabilities	524.663 M ^{54.36 %}	339.906 M ^{2.95 %}	330.153 M ^{41 093.53 %}	801.468 K ^{24.12 %}	645.704 K
Total liabilities	648.562 M ^{22.67 %}	528.697 M ^{-6.25 %}	563.972 M ^{8 353.71 %}	6.671 M ^{669.32 %}	867.172 K
Other non current assets	26.789 M ^{-7.88 %}	29.082 M ^{14.42 %}	25.417 M ^{-90.98 %}	281.672 M ^{-0.21 %}	282.255 M
Long term investments	0.000	0.000	0.000	0.000	0.000
Intangible assets	2.394 M ^{-4.09 %}	2.496 M ^{-4.26 %}	2.607 M	0.000	0.000
GoodWill	0.000	0.000	0.000	0.000	0.000
Goodwill and intangible assets	2.394 M ^{-4.09 %}	2.496 M ^{-4.26 %}	2.607 M	0.000	0.000
Property plant equipment net	540.918 M ^{7.46 %}	503.362 M ^{1.52 %}	495.817 M	0.000	0.000
Total non current assets	570.101 M ^{6.57 %}	534.940 M ^{2.12 %}	523.841 M ^{85.98 %}	281.672 M ^{-0.21 %}	282.255 M
Other current assets	67.201 M ^{-27.26 %}	92.381 M ^{1.44 %}	91.066 M ^{132.34 %}	-281.632 M ^{0.21 %}	-282.232 M
Short term investments	0.000	0.000	0.000 ^{-100.00 %}	281.672 M ^{-0.21 %}	282.255 M
cash and cash equivalents	99.721 M ^{9.71 %}	90.898 M ^{24.51 %}	73.007 M ^{109 726.25 %}	66.475 K ^{-51.11 %}	135.961 K
Cash and short term investments	99.721 M ^{9.71 %}	90.898 M ^{24.51 %}	73.007 M ^{-74.09 %}	281.738 M ^{-0.23 %}	282.391 M
Total current assets	434.591 M ^{-2.99 %}	447.992 M ^{4.66 %}	428.026 M ^{403 698.11 %}	106.000 K ^{-33.11 %}	158.460 K
Inventory	141.749 M ^{9.83 %}	129.059 M ^{-9.95 %}	143.327 M	0.000	0.000
Net receivables	125.920 M ^{-7.18 %}	135.654 M ^{12.46 %}	120.626 M	0.000	0.000
Tax assets	0.000	0.000	0.000	0.000	0.000
Other assets	0.000	0.000	0.000	0.000	0.000
Account payables	72.497 M ^{27.70 %}	56.771 M ^{-12.58 %}	64.940 M	0.000	0.000
Tax payables	654.000 K ^{0.15 %}	653.000 K ^{0.15 %}	652.000 K	0.000 ^{-100.00 %}	302.547 K
Deferred revenue non current	0.000	0.000	0.000	0.000	0.000
Minority interest	0.000	0.000	0.000	0.000	0.000
Capital lease obligations	0.000	0.000	0.000	0.000	0.000
Preferred stock	0.000	0.000	0.000	0.000	0.000
Other total stockholders equity	1.521 B ^{0.06 %}	1.520 B ^{291.79 %}	387.895 M ^{237.76 %}	-281.580 M ^{-1.92 %}	-276.288 M
Deferred tax liabilities non current	0.000	0.000	0.000	0.000 ^{-100.00 %}	21.468 K
Other liabilities	0.000	0.000	0.000	0.000	0.000
Total assets	1.005 B ^{2.21 %}	982.932 M ^{3.26 %}	951.867 M ^{237.81 %}	281.778 M ^{-0.23 %}	282.413 M
	2025-06-30	2025-03-31	2024-12-31	2021-06-30	2020-12-31

	2025-06-30	2025-03-31	2021-06-30	2020-12-31
Deferred income tax	0.000	0.000 ^{100.00 %}	-21.468 K ^{-283.29 %}	-5.601 K
Stock based compensation	846.000 K ^{20.34 %}	703.000 K	0.000	0.000
Change in working capital	0.000	0.000 ^{100.00 %}	-208.225 K ^{52.17 %}	-435.321 K
Accounts receivables	13.595 M ^{196.36 %}	-14.108 M	0.000	0.000
Inventory	-8.732 M ^{-155.33 %}	15.783 M	0.000	0.000
Accounts payables	14.811 M ^{273.29 %}	-8.547 M ^{-1 878.81 %}	480.490 K ^{825.39 %}	51.923 K
Other working capital	0.000	0.000 ^{100.00 %}	-688.715 K ^{-1 226.42 %}	-51.923 K
Other non cash items	134.068 M ^{311.13 %}	-63.501 M ^{-6 518.07 %}	989.409 K ^{160.31 %}	-1.641 M
Net cash provided by operating activities	37.154 M ^{418.26 %}	7.169 M ^{655.36 %}	-1.291 M ^{-82.85 %}	-705.994 K
Investments in property plant and equipment	-2.861 M ^{-21.95 %}	-2.346 M	0.000	0.000
Acquisitions net	0.000	0.000	0.000	0.000
Purchases of investments	0.000	0.000	0.000	0.000
Sales maturities of investments	0.000	0.000	0.000	0.000
Other investing activites	115.000 K ^{721.43 %}	14.000 K ^{-97.78 %}	629.283 K ^{22.87 %}	512.157 K
Net cash used for investing activites	-2.746 M ^{-17.75 %}	-2.332 M ^{-470.58 %}	629.283 K ^{22.87 %}	512.157 K
Debt repayment	0.000	0.000	0.000	0.000
Common stock issued	0.000	0.000	0.000	0.000
Common stock repurchased	0.000	0.000	0.000	0.000
Dividends paid	0.000	0.000	0.000	0.000
Other financing activites	-16.262 M ^{-271.85 %}	9.463 M ^{1 498.18 %}	592.110 K ^{212.47 %}	189.495 K
Net cash used provided by financing activities	-16.262 M ^{-271.85 %}	9.463 M ^{1 498.18 %}	592.110 K ^{212.47 %}	189.495 K
Effect of forex changes on cash	0.000	0.000	0.000 ^{100.00 %}	-115.583 K
Net change in cash	0.000 ^{-100.00 %}	13.393 M ^{19 374.39 %}	-69.486 K ^{42.06 %}	-119.925 K
Cash at beginning of period	0.000	0.000 ^{-100.00 %}	135.961 K ^{-46.87 %}	255.886 K
Cash at end of period	0.000	0.000 ^{-100.00 %}	66.475 K ^{-51.11 %}	135.961 K
Operating cash flow	37.154 M ^{418.26 %}	7.169 M ^{655.36 %}	-1.291 M ^{-82.85 %}	-705.994 K
Capital expenditure	-2.861 M ^{-21.95 %}	-2.346 M	0.000	0.000
Free CashFlow	34.293 M ^{611.03 %}	4.823 M ^{473.62 %}	-1.291 M ^{-82.85 %}	-705.994 K
	2025	2025	2021	2020

Date	Form 10K
2024	https://www.sec.gov/Archives/edgar/data/1760689/000176068925000010/mvst-20241231.htm
2020	https://www.sec.gov/Archives/edgar/data/1760689/000121390021017601/f10k2020_tuscanhold.htm

Tuscan Holdings Corp. THCB

Finances

Tuscan Holdings Corp. ^THCB