LOBO

MKT CAP:$8M

Lobo EV Technologies Ltd.

Market Cap

$8M

Consumer Cyclical·Auto - Manufacturers·🇨🇳 China·NASDAQ

Consumer Cyc.·Auto·🇨🇳·NASDAQ

Stock Price

$0.56-$0.08 (-12.22%)

Apr 17, 2026

Company Details

Lobo EV Technologies Ltd. designs, develops, manufactures, and sells e-bicycles, e-mopeds, e-tricycles, and electric off-highway four-wheeled shuttles in the People's Republic of China. The company operates through two segments, Electric Ve...

CEO

Huajian Xu

IPO Date

Mar 21, 2024

Website

www.loboebike.com

Key Metrics TTM

Revenue

$41M

+25.9% YoY

Net Income

-$3M

EPS (Diluted)

-$0.34

Free Cash Flow

-$6M

Revenue / Share

$4.34

Gross Margin

13.4%

Operating Margin

-6.7%

Net Margin

-7.7%

FCF Margin

-15.1%

P/S

0.2x

P/E

—

Earnings Reports

Q2 2025

Jun 30, 2025

$12M-0.3%EPS -$0.28

Q4 2024

Dec 31, 2024

$9M+23.4%EPS -$0.07

Q2 2024

Jun 30, 2024

$12M+49.1%EPS -$0.04

FY 2023

Apr 30, 2024

$15M-15.4%EPS $0.15

Q4 2023

Dec 31, 2023

$7M-42.7%EPS $0.05

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q2 21	$8M	$2M	$1M
Q4 21	$6M	$1M	$904.5K
Q2 22	$5M	$770.2K	$242.3K
Q4 22	$13M	$2M	$1M
Q2 23	$8M	$1M	$441.3K
Q4 23	$7M	$1M	$377.7K
Q2 24	$12M	$1M	-$89.7K
Q4 24	$9M	$1M	-$2M
Q2 25	$12M	$2M	-$1M

Valuation

Quarter	P/S	P/E
Q2 21	—	—
Q4 21	—	—
Q2 22	—	—
Q4 22	0.2x	2.8x
Q2 23	0.2x	3.2x
Q4 23	0.2x	3.8x
Q2 24	0.2x	4.8x
Q4 24	0.2x	49.2x
Q2 25	0.2x	—

Operating Cash Flow

Quarter	Operating CF	Free CF
Q2 21	-$1M	-$1M
Q4 21	$3M	$3M
Q2 22	-$359.6K	-$375.0K
Q4 22	-$822.1K	-$2M
Q2 23	-$138.3K	-$149.1K
Q4 23	-$1M	-$2M
Q2 24	-$1M	-$1M
Q4 24	-$2M	-$2M
Q2 25	-$1M	-$1M

Capital Expenditures

Quarter	CapEx
Q2 21	$1.9K
Q4 21	$9.1K
Q2 22	$15.4K
Q4 22	$762.6K
Q2 23	$10.8K
Q4 23	$303.4K
Q2 24	$54.7K
Q4 24	$270.5K
Q2 25	$95.2K

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q2 23	-2.1%	+10.2%
Q4 23	+26.2%	+41.8%
Q2 24	+121.0%	+132.9%
Q4 24	-29.3%	-5.4%
Q2 25	+48.6%	+72.1%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q2 21	$0	0.0%
Q4 21	$0	0.0%
Q2 22	$0	0.0%
Q4 22	$0	0.0%
Q2 23	$0	0.0%
Q4 23	$0	0.0%
Q2 24	$0	0.0%
Q4 24	$0	0.0%
Q2 25	$354.9K	2.9%

OpEx Breakdown

Quarter	R&D	G&A	S&M
Q2 21	$18.2K	$130.2K	$153.9K
Q4 21	$35.0K	$194.5K	$162.5K
Q2 22	$28.5K	$283.1K	$216.4K
Q4 22	$199.1K	$185.1K	$369.4K
Q2 23	$132.2K	$284.1K	$325.8K
Q4 23	$130.2K	$25.2K	$284.7K
Q2 24	$245.6K	$878.5K	$329.5K
Q4 24	$1M	$719.4K	$386.6K
Q2 25	$1M	$2M	$338.1K

War Chest

Quarter	Cash	Short-term Investments	Total
Q2 21	$0	$282.9K	$282.9K
Q4 21	$614.0K	$53.0K	$667.0K
Q2 22	$400.3K	$40.3K	$440.6K
Q2 23	$370.2K	$183.2K	$553.4K
Q4 23	$470.3K	$56.8K	$527.1K
Q2 24	$1M	$184.2K	$1M
Q4 24	$1M	$0	$1M
Q2 25	$1M	$0	$1M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q2 21	6M	—	—
Q4 21	6M	0.0%	—
Q2 22	6M	0.0%	—
Q4 22	6M	0.0%	—
Q2 23	6M	0.0%	0.0%
Q4 23	6M	0.0%	0.0%
Q2 24	7M	+11.6%	+11.6%
Q4 24	8M	+9.4%	+22.1%
Q2 25	9M	+19.9%	+46.4%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q2 21	—	—
Q4 21	—	—
Q2 22	—	—
Q4 22	—	—
Q2 23	—	—
Q4 23	$86.3K	85
Q2 24	$142.7K	85
Q4 24	$97.4K	93
Q2 25	$130.0K	93

Revenue / Employee