Lobo EV Technologies Past Earnings Performance
Past criteria checks 0/6
Lobo EV Technologies's earnings have been declining at an average annual rate of -12.2%, while the Auto industry saw earnings growing at 15.7% annually. Revenues have been declining at an average rate of 7.1% per year. Lobo EV Technologies's return on equity is 0.01%, and it has net margins of 0.05%.
Key information
-12.2%
Earnings growth rate
-3.4%
EPS growth rate
| Auto Industry Growth | 23.9% |
| Revenue growth rate | -7.1% |
| Return on equity | 0.01% |
| Net Margin | 0.05% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Revenue & Expenses Breakdown
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 |
|---|---|---|---|---|
| 30 Jun 24 | 19 | 0 | 2 | 0 |
| 31 Mar 24 | 17 | 0 | 1 | 0 |
| 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 (0.05%) are lower than last year (7.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: LOBO's earnings have declined by 12.2% per year 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 (-99.4%) over the past year, making it difficult to compare to the Auto industry average (1.3%).
Return on Equity
High ROE: LOBO's Return on Equity (0.01%) is considered low.