LOBO EV Technologies Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021
Revenue	15.47	18.3	14.13
Revenue Growth (YoY)	-15.43%	29.52%	-
Cost of Revenue	13.27	15.27	11.2
Gross Profit	2.21	3.03	2.93
Selling, General & Admin	1.13	1.28	0.64
Research & Development	0.26	0.23	0.05
Operating Expenses	1.39	1.5	0.69
Operating Income	0.82	1.52	2.24
Interest Expense / Income	0.01	0.02	0.01
Other Expense / Income	-0.5	0.01	0.01
Pretax Income	1.31	1.49	2.22
Income Tax	0.34	0.42	0.57
Net Income	0.97	1.07	1.65
Net Income Growth	-9.59%	-34.95%	-
Shares Outstanding (Basic)	6	6	6
Shares Outstanding (Diluted)	6	6	6
EPS (Basic)	0.15	0.17	0.26
EPS (Diluted)	0.15	0.17	0.26
EPS Growth	-11.76%	-34.62%	-
Free Cash Flow	-2.72	-2.57	0.72
Free Cash Flow Per Share	-0.42	-0.40	0.11
Gross Margin	14.27%	16.53%	20.75%
Operating Margin	5.29%	8.31%	15.83%
Profit Margin	6.27%	5.86%	11.67%
Free Cash Flow Margin	-17.56%	-14.04%	5.06%
Effective Tax Rate	26.24%	28.01%	25.62%
EBITDA	2.23	2.08	2.46
EBITDA Margin	14.39%	11.39%	17.43%
Depreciation & Amortization	0.9	0.58	0.23
EBIT	1.32	1.51	2.23
EBIT Margin	8.54%	8.23%	15.78%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).