Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|---|
Income Statement | |||||
Total Revenue | 21.19M | 15.47M | 18.30M | 14.13M | 9.23M |
Gross Profit | 2.46M | 2.21M | 3.03M | 2.93M | 1.47M |
EBITDA | 648.52K | 2.06M | 1.90M | 2.36M | 921.83K |
Net Income | -812.84K | 969.60K | 1.07M | 1.65M | 569.53K |
Balance Sheet | |||||
Total Assets | 24.02M | 19.67M | 16.94M | 11.27M | 6.53M |
Cash, Cash Equivalents and Short-Term Investments | 1.38M | 527.10K | 207.10K | 620.28K | 114.46K |
Total Debt | 2.42M | 2.47M | 735.38K | 257.62K | 79.61K |
Total Liabilities | 14.70M | 13.79M | 10.42M | 6.72M | 4.74M |
Stockholders Equity | 9.32M | 5.65M | 6.30M | 4.37M | 1.63M |
Cash Flow | |||||
Free Cash Flow | -3.26M | -2.72M | -2.57M | 691.80K | 1.52M |
Operating Cash Flow | -2.94M | -1.42M | -1.18M | 1.79M | 1.55M |
Investing Cash Flow | -283.82K | 614.67K | -981.41K | -2.48M | -1.35M |
Financing Cash Flow | 4.61M | 1.10M | 1.73M | 1.24M | -346.19K |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
47 Neutral | ― | ― | -37.95% | ― | ― | ― | |
44 Neutral | $6.67M | -0.18 | -42.29% | ― | 2.97% | -11.17% | |
41 Neutral | $4.37M | -0.09 | -14.31% | ― | -98.22% | 49.35% | |
41 Neutral | $357.09M | -0.03 | -182.46% | ― | -1.24% | 99.95% | |
37 Underperform | $60.42K | ― | 1600.57% | ― | 5865.42% | 99.51% | |
28 Underperform | $1.37M | ― | ― | ― | ― | ― | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
On September 3, 2025, Lobo EV Technologies Ltd. released its unaudited interim financial statements for the six months ending June 30, 2025. The company reported a net loss of $2.62 million, a significant increase from the $313,247 loss in the same period in 2024. Despite a slight decrease in revenues, the company managed to improve its gross profit from $1.36 million to $1.94 million. However, increased operating expenses, particularly in general and administrative and research and development, contributed to the overall loss. The financial results indicate challenges in managing costs and achieving profitability, impacting the company’s financial health and market positioning.
On August 7, 2025, Lobo EV Technologies Ltd. held its annual general meeting of shareholders, where eight proposals were approved. Key decisions included the appointment of new directors, a change in the company’s name to Lobo Technologies Ltd., and amendments to the company’s share structure, introducing Class A and Class B shares with different voting rights. These changes are expected to impact the company’s governance and shareholder structure, potentially influencing its strategic direction and market positioning.
Lobo EV Technologies Ltd. announced its upcoming Annual General Meeting of Shareholders scheduled for August 6, 2025, in Wuxi, Jiangsu, China. Key agenda items include the appointment of directors, a proposed name change to Lobo Technologies Ltd., and amendments to the company’s authorized shares, which aim to create a new class of shares with enhanced voting rights. These changes are expected to impact the company’s governance structure and potentially influence shareholder dynamics.
On July 14, 2025, Lobo EV Technologies Ltd. announced the resignation of Ms. Ye Ren from her roles as an independent director and chairwoman of the compensation committee, along with her membership in the audit and nominating and governance committees. Following her departure, Dr. Yan Lu was appointed as an independent director on July 15, 2025, to fill the vacancy. Dr. Lu brings over 20 years of experience in academia, industry, and consulting, having served in various roles at the University of Central Florida and other organizations. This leadership change may influence the company’s strategic direction and governance structure.