Financial Snapshot

Revenue
$54.04M
TTM
Gross Margin
14.15%
TTM
Net Earnings
$2.397M
TTM
Current Assets
$20.35M
Q2 2024
Current Liabilities
$15.60M
Q2 2024
Current Ratio
130.51%
Q2 2024
Total Assets
$24.46M
Q2 2024
Total Liabilities
$16.56M
Q2 2024
Book Value
$7.895M
Q2 2024
Cash
$1.115M
Q2 2024
P/E
7.196
Nov 29, 2024 EST
Free Cash Flow
-$6.489M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020
Revenue $15.47M $18.30M $14.13M $9.228M
YoY Change -15.43% 29.52% 53.1%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020
Revenue $15.47M $18.30M $14.13M $9.228M
Cost Of Revenue $13.27M $15.27M $11.20M $7.753M
Gross Profit $2.208M $3.025M $2.931M $1.475M
Gross Profit Margin 14.27% 16.53% 20.75% 15.98%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020
Selling, General & Admin $1.127M $1.277M $641.2K $621.5K
YoY Change -11.74% 99.1% 3.16%
% of Gross Profit 51.02% 42.19% 21.87% 42.14%
Research & Development $262.4K $227.6K $53.14K $36.76K
YoY Change 15.3% 328.23% 44.56%
% of Gross Profit 11.88% 7.52% 1.81% 2.49%
Depreciation & Amortization $722.8K $347.2K $121.9K $105.2K
YoY Change 108.18% 184.86% 15.9%
% of Gross Profit 32.73% 11.48% 4.16% 7.13%
Operating Expenses $1.389M $1.504M $694.3K $658.3K
YoY Change -7.65% 116.63% 5.47%
Operating Profit $819.0K $1.521M $2.237M $816.7K
YoY Change -46.16% -31.99% 173.9%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020
Interest Expense $7.508K -$16.72K -$12.64K $320.00
YoY Change -144.9% 32.28% -4050.0%
% of Operating Profit 0.92% -1.1% -0.57% 0.04%
Other Income/Expense, Net $512.3K $27.95K $5.680K -$4.010K
YoY Change 1732.83% 392.08% -241.65%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020
Pretax Income $1.331M $1.533M $2.230M $813.0K
YoY Change -13.13% -31.27% 174.29%
Income Tax $344.9K $417.3K $568.0K $205.3K
% Of Pretax Income 25.9% 27.23% 25.47% 25.25%
Net Earnings $969.6K $1.072M $1.649M $569.5K
YoY Change -9.59% -34.95% 189.49%
Net Earnings / Revenue 6.27% 5.86% 11.67% 6.17%
Basic Earnings Per Share $0.15 $0.17 $0.26
Diluted Earnings Per Share $0.15 $0.14 $0.21 $0.07

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020
Cash & Short-Term Investments $527.1K $207.1K $620.3K $114.5K
YoY Change 154.51% -66.61% 441.93%
Cash & Equivalents $470.3K $182.8K $614.0K $70.02K
Short-Term Investments $56.77K $24.27K $6.280K $44.44K
Other Short-Term Assets $7.307M $3.353M $1.457M $551.9K
YoY Change 117.93% 130.14% 164.0%
Inventory $5.738M $3.814M $1.988M $2.309M
Prepaid Expenses
Receivables $2.533M $3.056M $1.460M $312.3K
Other Receivables $0.00 $3.516M $2.650M $2.732M
Total Short-Term Assets $16.10M $13.95M $8.175M $6.019M
YoY Change 15.47% 70.6% 35.82%
Property, Plant & Equipment $1.650M $1.549M $413.3K $478.1K
YoY Change 6.55% 274.74% -13.55%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $0.00 $1.569M $0.00
YoY Change -100.0%
Other Assets
YoY Change
Total Long-Term Assets $3.567M $2.990M $3.095M $508.7K
YoY Change 19.27% -3.38% 508.44%
Total Assets $19.67M $16.94M $11.27M $6.528M
YoY Change
Accounts Payable $929.8K $1.795M $863.2K $1.312M
YoY Change -48.21% 107.99% -34.19%
Accrued Expenses $362.7K $218.0K $24.58K $39.60K
YoY Change 66.38% 786.94% -37.93%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $203.0K $0.00 $0.00
YoY Change -100.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $13.34M $11.50M $6.440M $4.717M
YoY Change 16.06% 78.49% 36.53%
Long-Term Debt $140.9K $0.00 $219.7K $0.00
YoY Change -100.0%
Other Long-Term Liabilities $310.3K $362.5K $57.34K $20.46K
YoY Change -14.4% 532.12% 180.25%
Total Long-Term Liabilities $451.1K $362.5K $277.0K $20.46K
YoY Change 24.46% 30.84% 1254.01%
Total Liabilities $14.02M $12.07M $6.898M $4.902M
YoY Change 16.13% 74.98% 40.71%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020
Basic Shares Outstanding 6.400M shares 6.400M shares 6.400M shares
Diluted Shares Outstanding 6.400M shares 6.400M shares 6.400M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $17.252 Million

About LOBO EV TECHNOLOGIES LTD

LOBO EV Technologies Ltd is a CN-based company operating in Automobiles industry. The company is headquartered in Wuxi, Jiangsu and currently employs 85 full-time employees. The company went IPO on 2024-03-21. Lobo EV Technologies Ltd is an electric vehicles manufacturer and seller. The firm designs, develops, manufactures and sells e-bicycles, e-mopeds, e-tricycles, and electric off-highway four-wheeled shuttles such as golf carts and mobility scooters as well as the automobile information and entertainment software development and design services to customers. The firm primarily operates its businesses through two segments. The Electric Vehicles and Accessories Sales segment is mainly engaged in manufacturing and sale of electric vehicles and accessories. The Software Royalties and Development and Design Services segment provides software solutions development for automotive electronics, like multimedia interactive system, multifunctional rear-view mirrors, and dash-cam, and household solar electronic system.

Industry: Motorcycles, Bicycles & Parts Peers: EZGO Technologies Ltd. Niu Technologies