Luokung Technology Corp - Understand $lkco stock

$LKCO Market Cap: $10.01 Million

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$207.0M

TTM

Gross Margin

24.24%

TTM

Net Earnings

-$115.8M

TTM

Current Assets

$13.21M

Q2 2023

Current Liabilities

$91.49M

Q2 2023

Current Ratio

14.43%

Q2 2023

Total Assets

$201.2M

Q2 2023

Total Liabilities

$94.75M

Q2 2023

Book Value

$106.4M

Q2 2023

Cash

P/E

-0.08646

Sep 13, 2024 EST

Free Cash Flow

-$15.84M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005
Revenue	$93.59M	$145.1M	$18.26M	$18.78M	$21.04M	$26.08M	$1.190M	$8.820M	$6.190M	$11.56M	$1.450M	$6.340M	$14.51M	$11.24M	$4.290M	$4.010M	$1.470M	$1.510M
YoY Change	-35.48%	694.29%	-2.75%	-10.74%	-19.33%	2091.6%	-86.51%	42.49%	-46.45%	697.24%	-77.13%	-56.31%	29.09%	162.0%	6.98%	172.79%	-2.65%	0.0%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005
Revenue	$93.59M	$145.1M	$18.26M	$18.78M	$21.04M	$26.08M	$1.190M	$8.820M	$6.190M	$11.56M	$1.450M	$6.340M	$14.51M	$11.24M	$4.290M	$4.010M	$1.470M	$1.510M
Cost Of Revenue	$77.94M	$129.0M	$17.48M	$14.98M	$6.940M	$5.550M	$990.0K	$5.620M	$4.220M	$10.54M	$1.690M	$3.410M	$2.350M	$3.890M	$1.620M	$2.970M	$780.0K	$780.0K
Gross Profit	$15.65M	$16.04M	$784.3K	$3.800M	$14.10M	$20.53M	$200.0K	$3.200M	$1.960M	$1.020M	-$240.0K	$2.930M	$12.15M	$7.350M	$2.670M	$1.040M	$700.0K	$730.0K
Gross Profit Margin	16.72%	11.06%	4.29%	20.23%	67.02%	78.72%	16.81%	36.28%	31.66%	8.82%	-16.55%	46.21%	83.74%	65.39%	62.24%	25.94%	47.62%	48.34%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005
Selling, General & Admin	$26.32M	$35.47M	$31.49M	$26.45M	$21.36M	$26.36M	$2.050M	$3.510M	$2.300M	$3.360M	$8.960M	$3.910M	$1.980M	$890.0K	$660.0K	$880.0K	$740.0K	$660.0K
YoY Change	-25.79%	12.62%	19.07%	23.83%	-18.97%	1185.85%	-41.6%	52.61%	-31.55%	-62.5%	129.16%	97.47%	122.47%	34.85%	-25.0%	18.92%	12.12%	0.0%
% of Gross Profit	168.16%	221.1%	4015.41%	696.05%	151.49%	128.4%	1025.0%	109.69%	117.35%	329.41%		133.45%	16.3%	12.11%	24.72%	84.62%	105.71%	90.41%
Research & Development	$49.87M	$32.80M	$3.945M	$3.250M	$1.250M	$1.050M	$60.00K	$290.0K	$200.0K	$250.0K	$200.0K	$310.0K	$180.0K	$140.0K	$80.00K	$0.00	$0.00	$0.00
YoY Change	52.05%	731.5%	21.38%	160.0%	19.05%	1650.0%	-79.31%	45.0%	-20.0%	25.0%	-35.48%	72.22%	28.57%	75.0%
% of Gross Profit	318.65%	204.47%	502.96%	85.53%	8.87%	5.11%	30.0%	9.06%	10.2%	24.51%		10.58%	1.48%	1.9%	3.0%	0.0%	0.0%	0.0%
Depreciation & Amortization	$1.905M	$13.43M	$5.597M	$5.850M	$5.120M	$3.320M	$540.0K	$610.0K	$600.0K	$590.0K	$550.0K	$530.0K	$230.0K	$130.0K	$120.0K	$120.0K
YoY Change	-85.82%	139.98%	-4.32%	14.26%	54.22%	514.81%	-11.48%	1.67%	1.69%	7.27%	3.77%	130.43%	76.92%	8.33%	0.0%
% of Gross Profit	12.17%	83.73%	713.64%	153.95%	36.31%	16.17%	270.0%	19.06%	30.61%	57.84%		18.09%	1.89%	1.77%	4.49%	11.54%
Operating Expenses	$76.19M	$81.66M	$41.04M	$35.32M	$24.92M	$27.40M	$2.100M	$3.790M	$2.510M	$3.620M	$9.160M	$4.210M	$2.160M	$1.030M	$740.0K	$890.0K	$740.0K	$650.0K
YoY Change	-6.69%	99.0%	16.18%	41.73%	-9.05%	1204.76%	-44.59%	51.0%	-30.66%	-60.48%	117.58%	94.91%	109.71%	39.19%	-16.85%	20.27%	13.85%	0.0%
Operating Profit	-$60.54M	-$65.62M	-$40.25M	-$31.52M	-$10.82M	-$6.870M	-$1.900M	-$590.0K	-$550.0K	-$2.600M	-$9.400M	-$1.280M	$9.990M	$6.320M	$1.930M	$150.0K	-$40.00K	$80.00K
YoY Change	-7.74%	63.02%	27.7%	191.31%	57.5%	261.58%	222.03%	7.27%	-78.85%	-72.34%	634.38%	-112.81%	58.07%	227.46%	1186.67%	-475.0%	-150.0%	0.0%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005
Interest Expense	$3.363M	-$4.193M	-$1.547M	-$800.0K	-$1.280M	$320.0K	$400.0K	$30.00K	$30.00K	-$1.360M	$120.0K	$160.0K	-$220.0K	-$340.0K	-$530.0K	-$610.0K	-$510.0K	-$180.0K
YoY Change	-180.2%	171.05%	93.38%	-37.5%	-500.0%	-20.0%	1233.33%	0.0%	-102.21%	-1233.33%	-25.0%	-172.73%	-35.29%	-35.85%	-13.11%	19.61%	183.33%	0.0%
% of Operating Profit													-2.2%	-5.38%	-27.46%	-406.67%		-225.0%
Other Income/Expense, Net	$6.389M	$214.5K	$1.741M	$290.0K	$250.0K	-$260.0K	$1.340M	$1.590M	$510.0K	-$1.180M	$300.0K	$120.0K	$60.00K	$250.0K	-$190.0K	$0.00	$0.00	-$110.0K
YoY Change	2879.07%	-87.68%	500.32%	16.0%	-196.15%	-119.4%	-15.72%	211.76%	-143.22%	-493.33%	150.0%	100.0%	-76.0%	-231.58%			-100.0%	0.0%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005
Pretax Income	-$54.15M	-$69.60M	-$40.06M	-$32.02M	-$11.85M	-$6.810M	-$160.0K	$1.030M	$0.00	-$5.130M	-$8.990M	-$1.010M	$9.850M	$6.230M	$1.210M	-$450.0K	-$550.0K	-$220.0K
YoY Change	-22.19%	73.75%	25.1%	170.21%	74.01%	4156.25%	-115.53%		-100.0%	-42.94%	790.1%	-110.25%	58.11%	414.88%	-368.89%	-18.18%	150.0%	0.0%
Income Tax	-$3.941M	-$8.126M	$0.00	-$70.00K	$70.00K	$0.00		$0.00	$0.00	$0.00	$0.00	$30.00K	$1.610M	$940.0K	$190.0K	$0.00	$0.00	$0.00
% Of Pretax Income								0.0%					16.35%	15.09%	15.7%
Net Earnings	-$52.54M	-$68.80M	-$39.87M	-$31.51M	-$11.93M	-$6.810M	-$160.0K	$1.030M	$0.00	-$5.130M	-$8.990M	-$1.040M	$8.240M	$5.300M	$1.020M	-$450.0K	-$550.0K	-$220.0K
YoY Change	-23.64%	72.58%	26.52%	164.12%	75.18%	4156.25%	-115.53%		-100.0%	-42.94%	764.42%	-112.62%	55.47%	419.61%	-326.67%	-18.18%	150.0%	0.0%
Net Earnings / Revenue	-56.14%	-47.43%	-218.28%	-167.78%	-56.7%	-26.11%	-13.45%	11.68%	0.0%	-44.38%	-620.0%	-16.4%	56.79%	47.15%	23.78%	-11.22%	-37.41%	-14.57%
Basic Earnings Per Share	-$3.72	-$6.30	-$5.40
Diluted Earnings Per Share	-$3.72	-$205.4K	-$179.6K	-$156.8K	-$59.85K		-$113.5K	$730.5K	$0.00	-$3.638M	-$6.376M	-$737.6K	$7.165M	$5.300M	$1.020M	-$450.0K	-$550.0K	-$220.0K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
Cash & Short-Term Investments	$1.265M	$16.44M	$71.79K	$3.700M	$1.200M	$100.0K	$1.200M	$2.700M	$4.200M	$6.100M	$7.600M	$9.500M	$14.90M	$300.0K	$0.00	$0.00
YoY Change	-92.31%	22805.6%	-98.06%	208.33%	1100.0%	-91.67%	-55.56%	-35.71%	-31.15%	-19.74%	-20.0%	-36.24%	4866.67%
Cash & Equivalents						$100.0K	$1.200M	$2.700M	$4.200M	$6.100M	$6.400M	$8.700M	$14.90M	$14.90M
Short-Term Investments										$0.00	$1.200M	$700.0K	$0.00	$0.00
Other Short-Term Assets	$7.488M	$1.706M	$3.979M	$600.0K	$700.0K				$1.100M	$2.100M	$1.800M	$1.100M	$800.0K	$1.000M	$800.0K	$800.0K
YoY Change	338.85%	-57.12%	563.2%	-14.29%					-47.62%	16.67%	63.64%	37.5%	-20.0%	25.0%	0.0%
Inventory							$100.0K	$200.0K	$2.100M	$700.0K	$600.0K	$200.0K	$400.0K	$100.0K	$300.0K	$300.0K
Prepaid Expenses
Receivables	$7.284M	$13.80M	$3.981M	$10.00M	$22.70M	$9.700M	$4.600M	$4.400M	$9.800M	$10.30M	$3.800M	$9.500M	$7.600M	$2.500M	$500.0K	$500.0K
Other Receivables	$28.79M	$25.77M	$4.017M	$26.70M	$6.900M	$14.20M	$6.400M	$200.0K	$2.200M	$400.0K	$1.500M	$200.0K	$100.0K	$0.00	$11.30M	$11.30M
Total Short-Term Assets	$44.83M	$57.73M	$12.05M	$41.00M	$31.50M	$23.90M	$12.30M	$7.500M	$19.40M	$19.60M	$15.40M	$20.50M	$23.80M	$4.000M	$12.90M	$12.90M
YoY Change	-22.35%	379.09%	-70.61%	30.16%	31.8%	94.31%	64.0%	-61.34%	-1.02%	27.27%	-24.88%	-13.87%	495.0%	-68.99%	0.0%
Property, Plant & Equipment	$6.250M	$10.07M	$884.1K	$1.300M	$900.0K	$5.000M	$10.90M	$11.90M	$12.90M	$13.40M	$13.50M	$13.50M	$13.60M	$1.700M	$1.800M	$1.800M
YoY Change	-37.92%	1038.7%	-31.99%	44.44%	-82.0%	-54.13%	-8.4%	-7.75%	-3.73%	-0.74%	0.0%	-0.74%	700.0%	-5.56%	0.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$426.9K	$438.7K	$60.45M	$14.30M						$0.00	$300.0K	$700.0K	$0.00	$0.00
YoY Change	-2.67%	-99.27%	322.69%							-100.0%	-57.14%
Other Assets	$5.177M	$4.155M					$0.00	$0.00					$0.00	$12.20M	$0.00	$0.00
YoY Change	24.59%												-100.0%
Total Long-Term Assets	$188.8M	$207.5M	$117.1M	$76.90M	$65.60M	$13.70M	$11.40M	$18.20M	$13.50M	$14.00M	$14.50M	$16.00M	$14.30M	$13.90M	$1.800M	$1.800M
YoY Change	-8.99%	77.12%	52.32%	17.23%	378.83%	20.18%	-37.36%	34.81%	-3.57%	-3.45%	-9.38%	11.89%	2.88%	672.22%	0.0%
Total Assets	$233.6M	$265.2M	$129.2M	$117.9M	$97.10M	$37.60M	$23.70M	$25.70M	$32.90M	$33.60M	$29.90M	$36.50M	$38.10M	$17.90M	$14.70M	$14.70M
YoY Change
Accounts Payable	$8.092M	$9.193M	$5.842M	$4.300M	$800.0K	$8.800M	$1.300M	$2.100M	$1.900M	$1.600M	$800.0K	$900.0K	$600.0K	$1.400M	$300.0K	$300.0K
YoY Change	-11.98%	57.37%	35.85%	437.5%	-90.91%	576.92%	-38.1%	10.53%	18.75%	100.0%	-11.11%	50.0%	-57.14%	366.67%	0.0%
Accrued Expenses	$16.97M	$60.11M	$44.10M	$3.700M	$21.80M	$6.900M			$100.0K	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change	-71.76%	36.31%	1091.76%	-83.03%	215.94%
Deferred Revenue
YoY Change
Short-Term Debt	$51.44M	$0.00	$0.00	$0.00	$0.00	$6.100M	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$3.400M	$3.700M	$3.700M
YoY Change					-100.0%								-100.0%	-8.11%	0.0%
Long-Term Debt Due		$3.111M	$1.962M	$1.300M	$4.300M
YoY Change		58.61%	50.89%	-69.77%
Total Short-Term Liabilities	$94.83M	$101.7M	$73.61M	$30.70M	$33.70M	$25.30M	$4.000M	$5.000M	$12.50M	$13.20M	$5.000M	$3.800M	$5.300M	$8.800M	$7.000M	$7.000M
YoY Change	-6.76%	38.17%	139.78%	-8.9%	33.2%	532.5%	-20.0%	-60.0%	-5.3%	164.0%	31.58%	-28.3%	-39.77%	25.71%	0.0%
Long-Term Debt	$0.00	$0.00	$2.664M	$32.90M	$200.0K	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change		-100.0%	-91.9%	16350.0%
Other Long-Term Liabilities	$4.496M	$6.731M	$0.00	$300.0K
YoY Change	-33.21%		-100.0%
Total Long-Term Liabilities	$4.496M	$6.731M	$2.664M	$33.20M	$200.0K	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change	-33.21%	152.69%	-91.98%	16500.0%
Total Liabilities	$109.3M	$119.1M	$76.56M	$63.50M	$34.00M	$25.30M	$4.000M	$5.000M	$12.50M	$13.20M	$5.000M	$3.800M	$5.300M	$8.800M	$7.000M	$7.000M
YoY Change	-8.24%	55.57%	20.56%	86.76%	34.39%	532.5%	-20.0%	-60.0%	-5.3%	164.0%	31.58%	-28.3%	-39.77%	25.71%	0.0%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2022	2021	2020
Basic Shares Outstanding	14.12M shares	11.16M shares	7.399M shares
Diluted Shares Outstanding	14.12M shares	11.16M shares	7.399M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Dividends

Stock Price

Market Cap: $10.014 Million

About Luokung Technology Corp

Luokung Technology Corp. is a graphics data processing technology company, which engages in the provision of interactive location-based services. The company is headquartered in Beijing, Beijing and currently employs 727 full-time employees. The company went IPO on 2019-01-03. The firm's main business includes spatial-temporal intelligent big data services, Location Based Services (LBS) and High Definition (HD) Maps for various industries. The firm has established city-level and industry-level holographic spatial-temporal digital twin systems and actively serves industries including smart transportation with applications in autonomous driving, smart highway and vehicle-road collaboration, natural resource asset management, covering carbon neutral and environmental protection remote sensing data service, and LBS smart industry applications, including mobile Internet LBS, smart travel, smart logistics, new infrastructure, smart cities, emergency rescue. The firm mainly operates in the domestic market.

Industry: Services-Computer Programming Services Peers: 9F Inc Cheer Holding Inc So-Young International Inc