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 |
$0.00
|
$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 |
$2.06 M |
$1.90 M |
$2.36 M |
$921,829.00 |
| EBITDA Ratio |
0.13
|
0.1
|
0.17
|
0.1
|
| Operating Income Ratio |
0.05
|
0.08
|
0.16
|
0.09
|
| Total Other Income/Expenses Net |
$512,276.00
|
$11,234.00
|
-$6,961.00
|
-$3,687.00
|
| 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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