Lobo EV Technologies Ltd. (LOBO)

Lobo EV Technologies Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	19.47	15.47	18.3	14.13	9.23
Revenue Growth (YoY)	-7.05%	-15.43%	29.52%	53.10%	-
Cost of Revenue	17.08	13.27	15.27	11.2	7.75
Gross Profit	2.39	2.21	3.03	2.93	1.47
Selling, General & Admin	1.72	1.13	1.28	0.64	0.62
Research & Development	0.38	0.26	0.23	0.05	0.04
Operating Expenses	2.1	1.39	1.5	0.69	0.66
Operating Income	0.29	0.82	1.52	2.24	0.82
Interest Expense	-0	-0.01	-0.02	-0.01	-
Interest & Investment Income	0.02	-	-	-	0
Other Non Operating Income (Expenses)	0.09	0.53	0.01	0.01	-0
EBT Excluding Unusual Items	0.4	1.34	1.52	2.23	0.81
Gain (Loss) on Sale of Investments	-0.01	-0.01	0.01	-	-
Pretax Income	0.39	1.33	1.53	2.23	0.81
Income Tax Expense	0.38	0.34	0.42	0.57	0.21
Earnings From Continuing Operations	0	0.99	1.12	1.66	0.61
Minority Interest in Earnings	0.01	-0.02	-0.04	-0.01	-0.04
Net Income	0.01	0.97	1.07	1.65	0.57
Net Income to Common	0.01	0.97	1.07	1.65	0.57
Net Income Growth	-99.42%	-9.59%	-34.95%	189.49%	-
Shares Outstanding (Basic)	7	6	6	6	56
Shares Outstanding (Diluted)	7	6	6	6	56
Shares Change (YoY)	5.81%	-	-	-88.60%	-
EPS (Basic)	0.00	0.15	0.17	0.26	0.01
EPS (Diluted)	0.00	0.15	0.17	0.26	0.01
EPS Growth	-99.45%	-9.59%	-34.95%	2439.56%	-
Free Cash Flow	-2.75	-1.73	-1.96	1.78	1.55
Free Cash Flow Per Share	-0.41	-0.27	-0.31	0.28	0.03
Gross Margin	12.27%	14.27%	16.53%	20.75%	15.98%
Operating Margin	1.48%	5.29%	8.31%	15.83%	8.85%
Profit Margin	0.05%	6.27%	5.86%	11.67%	6.17%
Free Cash Flow Margin	-14.12%	-11.18%	-10.71%	12.57%	16.74%
EBITDA	0.54	1.07	1.68	2.34	0.92
EBITDA Margin	2.77%	6.93%	9.20%	16.59%	9.99%
D&A For EBITDA	0.25	0.25	0.16	0.11	0.11
EBIT	0.29	0.82	1.52	2.24	0.82
EBIT Margin	1.48%	5.29%	8.31%	15.83%	8.85%
Effective Tax Rate	99.69%	25.90%	27.23%	25.47%	25.25%

Source: S&P Capital IQ. Standard template. Financial Sources.