LOBO Q2 2023 Earnings — Lobo EV Technologies Ltd. Revenue & Financial Results | Market Cap Arena

LOBOLobo EV Technologies Ltd.

$6M

Q2 2023 Earnings

Consumer Cyclical Auto - Manufacturers

Income Statement

Revenue

$8M+48.2% YoY

Gross Profit

$1M14.5% margin

Operating Income

$441,3485.4% margin

Net Income

$657,7748.1% margin

EPS (Diluted)

$0.10

Cash Flow

Operating Cash Flow

-$138,266

Free Cash Flow

-$149,062

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$17M

Total Liabilities

$12M

Stockholders' Equity

$5M

Cash & Equivalents

$370,171

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$8M	$5M	+48.2%
Gross Profit	$1M	$770,192	+53.7%
Operating Income	$441,348	$242,264	+82.2%
Net Income	$657,774	$132,172	+397.7%