Forex News
LOBO TECHNOLOGIES LTD. Revenue Put at $14.6 Million
A single-source account puts LOBO TECHNOLOGIES LTD. revenue at $14.6 million, net loss at $1.1 million and gross margin at 13.2%.
- One source lists cost of revenue at $12.7 million.
- The account records operating expenses of $2.5 million.
- It puts cash equivalents at $1.0 million.
Revenue profile
The single-source figures show gross profit of $1.9 million and a gross profit margin of 13.2%. Loss per share is listed at $0.07.
The source puts electric vehicles revenue at $13.1 million. It lists AI services revenue at $1.5 million.
Two-wheeled e-bicycles revenue is recorded at $8.1 million. Three-wheeled vehicles revenue is listed at $2.2 million.
The account reports batteries revenue and four-wheeled shuttles revenue at $0.9 million each. Parts and accessories revenue is placed at $1.0 million.
Expenses and cash
The source lists general and administrative expenses at $0.8 million. Selling and marketing expenses are recorded at $0.4 million.
Net cash operating activities are listed at -$3.7 million. Net cash investing activities are recorded at -$0.6 million.
The same account puts net cash financing activities at $4.3 million. Cash equivalents are listed at $1.0 million.