Lobo EV Technologies Past Earnings Performance
Past criteria checks 1/6
Lobo EV Technologies has been growing earnings at an average annual rate of 12.1%, while the Auto industry saw earnings growing at 21.8% annually. Revenues have been growing at an average rate of 21.1% per year. Lobo EV Technologies's return on equity is 16.8%, and it has net margins of 6.3%.
Key information
12.1%
Earnings growth rate
23.9%
EPS growth rate
| Auto Industry Growth | 23.9% |
| Revenue growth rate | 21.1% |
| Return on equity | 16.8% |
| Net Margin | 6.3% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Lobo EV Technologies makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 15 | 1 | 1 | 0 |
| 30 Sep 23 | 18 | 1 | 1 | 0 |
| 30 Jun 23 | 21 | 2 | 1 | 0 |
| 31 Mar 23 | 20 | 1 | 1 | 0 |
| 31 Dec 22 | 18 | 1 | 1 | 0 |
| 30 Sep 22 | 15 | 1 | 1 | 0 |
| 30 Jun 22 | 11 | 1 | 1 | 0 |
| 31 Mar 22 | 13 | 1 | 1 | 0 |
| 31 Dec 21 | 14 | 2 | 1 | 0 |
| 31 Dec 20 | 9 | 1 | 1 | 0 |
Quality Earnings: LOBO has a high level of non-cash earnings.
Growing Profit Margin: LOBO's current net profit margins (6.3%) are higher than last year (5.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if LOBO's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: LOBO's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: LOBO had negative earnings growth (-9.6%) over the past year, making it difficult to compare to the Auto industry average (14.3%).
Return on Equity
High ROE: LOBO's Return on Equity (16.8%) is considered low.