LOBO
Income statement / Annual
Last year (2023), LOBO EV TECHNOLOGIES LTD. Ordinary shares's total revenue was $15.47 M,
a decrease of 15.43% from the previous year.
In 2023, LOBO EV TECHNOLOGIES LTD. Ordinary shares's net income was $969,598.00.
See LOBO EV TECHNOLOGIES LTD. Ordinary shares’s key income statements, including revenue, expenses, profit, and income.
Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
Operating Revenue |
$15.47 M
|
$18.30 M
|
$14.13 M
|
$9.23 M
|
Cost of Revenue |
$13.27 M |
$15.27 M |
$11.20 M |
$7.75 M |
Gross Profit |
$2.21 M |
$3.03 M |
$2.93 M |
$1.47 M |
Gross Profit Ratio |
0.14 |
0.17 |
0.21 |
0.16 |
Research and Development
Expenses |
$262,375.00
|
$227,555.00
|
$53,139.00
|
$36,757.00
|
General & Administrative
Expenses |
$516,187.00
|
$690,763.00
|
$324,702.00
|
$332,577.00
|
Selling & Marketing
Expenses |
$610,487.00
|
$585,772.00
|
$316,457.00
|
$288,937.00
|
Selling, General &
Administrative Expenses |
$1.13 M
|
$1.28 M
|
$641,159.00
|
$621,514.00
|
Other Expenses |
$519,784.00 |
$27,949.00 |
$5,680.00 |
-$4,007.00 |
Operating Expenses |
$1.39 M |
$1.50 M |
$694,298.00 |
$658,271.00 |
Cost And Expenses |
$14.66 M |
$16.78 M |
$11.89 M |
$8.41 M |
Interest Income |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
Interest Expense |
$7,508.00 |
$16,715.00 |
$12,641.00 |
$0.00 |
Depreciation &
Amortization |
$722,778.00
|
$347,189.00
|
$121,875.00
|
$105,160.00
|
EBITDA |
$1.54 M
|
$1.87 M
|
$2.36 M
|
$921,829.00
|
EBITDA Ratio |
0.1 |
0.1 |
0.17 |
0.1 |
Operating Income Ratio
|
0.05
|
0.08
|
0.16
|
0.09
|
Total Other
Income/Expenses Net |
$512,274.00
|
$11,238.00
|
-$6,964.00
|
-$4,007.00
|
Income Before Tax |
$1.33 M |
$1.53 M |
$2.23 M |
$812,982.00 |
Income Before Tax Ratio
|
0.09
|
0.08
|
0.16
|
0.09
|
Income Tax Expense |
$344,853.00 |
$417,268.00 |
$568,005.00 |
$205,257.00 |
Net Income |
$969,598.00 |
$1.07 M |
$1.65 M |
$569,528.00 |
Net Income Ratio |
0.06 |
0.06 |
0.12 |
0.06 |
EPS |
0.15 |
0.19 |
0.29 |
0.0721 |
EPS Diluted |
0.15 |
0.19 |
0.29 |
0.0721 |
Weighted Average Shares
Out |
$6.40 M
|
$5.70 M
|
$5.70 M
|
$7.90 M
|
Weighted Average Shares
Out Diluted |
$6.40 M
|
$5.70 M
|
$5.70 M
|
$7.90 M
|
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