LOBO Q2 2024 Earnings — Lobo EV Technologies Ltd. Revenue & Financial Results | Market Cap Arena

LOBOLobo EV Technologies Ltd.

$6M

Q2 2024 Earnings

Consumer Cyclical Auto - Manufacturers

Income Statement

Revenue

$12M+49.1% YoY

Gross Profit

$1M11.2% margin

Operating Income

-$89,710-0.7% margin

Net Income

-$302,518-2.5% margin

EPS (Diluted)

$-0.04

Cash Flow

Operating Cash Flow

-$1M

Free Cash Flow

-$1M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$24M

Total Liabilities

$16M

Stockholders' Equity

$8M

Cash & Equivalents

$1M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$12M	$8M	+49.1%
Gross Profit	$1M	$1M	+15.3%
Operating Income	-$89,710	$441,348	-120.3%
Net Income	-$302,518	$657,774	-146.0%