LOBO

WUXI, China, April 29, 2026 (GLOBE NEWSWIRE) -- LOBO TECHNOLOGIES LTD. (Nasdaq: LOBO) (“LOBO” or the “Company”), an innovative electric mobility vehicles manufacturer and seller, today announced its financial results for the fiscal year ended December 31, 2025. Mr. Huajian Xu, Chief Executive Officer of LOBO, commented, “Fiscal year 2025 represents a year of steady progress alongside significant investment to support future expansion. Our 9.6% revenue growth, driven by strong double-digit growth in our core products—e-bicycles and e-tricycles—contributed to a 26.0% increase in gross profit and a stable gross margin at 13.14%, providing a solid foundation for expanded research and development (R&D) in new technologies and innovations. During fiscal 2025, the Company invested $3.74 million in research and development, representing a year-over-year doubling of R&D spending and accounting for 16.11% of total revenue, a significant rise from 7.85% in fiscal 2024. This substantial and elevated investment underscores our “Four-New” strategic focus on new markets, new products, new materials, and new designs, as well as our commitment to new product development, continuous optimization, and ongoing exploration of new technologies. These next-generation capabilities are designed to elevate product performance, enhance user experience, strengthen market differentiation, and build a durable technical moat as the industry accelerates toward intelligent mobility. Through continued investment in research, we are enhancing our ability to diversify our product portfolio and strengthen a resilient supply chain, positioning ourselves to navigate market changes, capture emerging opportunities, and expand into new segments and regions. At the same time, our international sales network expanded significantly over the past year, reaching 150 dealers across approximately 60 countries, up from 50 dealers in fiscal year 2024. This milestone underscores our execution capabilities and validates the effectiveness of our global expansion strategy. Meanwhile, our gross margin expanded year-over-year to 13.14%, reflecting improving operational efficiency, optimized product mix, and tighter cost controls. Compared with major domestic peers, we maintain a clear trajectory of margin improvement underpinned by our intelligent product strategy and lean supply chain management. Backed by artifi...

Revenue: US$12.1m (flat on 1H 2024). Net loss: US$2.62m (loss widened by US$2.32m from 1H 2024). US$0.28 loss per share (further deteriorated from US$0.042 loss in 1H 2024). AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. All figures shown in the chart above are for the trailing 12 month (TTM) period Lobo EV Technologies shares are up 3.8% from a week ago. It is worth noting though that we have found 4 warning signs for Lobo EV Technologies that you need to take into consideration. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Revenue: US$21.2m (up 37% from FY 2023). Net loss: US$812.8k (down by 184% from US$969.6k profit in FY 2023). US$0.11 loss per share (down from US$0.15 profit in FY 2023). We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. All figures shown in the chart above are for the trailing 12 month (TTM) period Lobo EV Technologies shares are down 18% from a week ago. We don't want to rain on the parade too much, but we did also find 3 warning signs for Lobo EV Technologies that you need to be mindful of. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

WUXI, China, April 29, 2025 (GLOBE NEWSWIRE) -- LOBO EV Technologies Ltd. (NASDAQ: LOBO) ("LOBO" or the "Company"), a leading provider of electric two-wheelers, electric tricycles, and off-highway electric carts, today announced its audited financial results for the fiscal year ended December 31, 2024, and provided an update on key strategic initiatives. Financial Highlights for Fiscal Year 2024: Revenue: $21.2 million, an increase of 36.9% compared to $15.5 million in fiscal year 2023. Gross Profit: $2.5 million, an increase of 11.2% from $2.2 million in fiscal year 2023. Net Loss: $(845,841), compared to a net income of $986,471 in fiscal year 2023. Cash and Cash Equivalents:$1.4 million as of December 31, 2024. Total Assets: $24.0 million, up 22.0% from $19.7 million as of December 31, 2023. Shareholders’ Equity: $9.3 million, an increase of 64.9% compared to $5.7 million at the end of 2023. Ordinary Shares Outstanding: 7,780,000 as of December 31, 2024. CEO Commentary: Huajian Xu, CEO of LOBO, commented, “Fiscal year 2024 was a transformational year for LOBO EV Technologies. We strategically expanded our product portfolio and distribution networks internationally. Despite near-term pressure on profitability due to operational expansion and public company transition costs, our top-line growth reflects the strength of our brand and market positioning. We remain committed to driving innovation, enhancing operational excellence, and delivering sustainable value creation for our shareholders.” "We are also proud to announce our strategic steps and penetration efforts to enter the rapidly growing market in Africa, Latin America and middle Asia countries. These business activities mark our ambitious in our mission to expand globally and deliver sustainable, eco-friendly, affordable mobility solutions to new markets and dedicate to the prosperous development of green economy." Business Highlights for Fiscal Year 2024: Product Innovation and Expansion Expanded Portfolio: Introduced hundreds of new e-bicycles, e-mopeds, e-tricycles, and off-highway electric carts to meet evolving consumer preferences. Enhanced R&D Investments: Research and development expenses surged by over 500% year-over-year, reflecting LOBO’s commitment to technological leadership. Dealer Network and Market Expansion International Reach: Expanded to over 50 international dealers, establishing...