Luokung Technology Full Year 2023 Earnings: US$81.55 loss per share (vs US$29.76 loss in FY 2022)

Luokung Technology (NASDAQ:LKCO) Full Year 2023 Results

Key Financial Results

• Revenue: US$10.2m (down 89% from FY 2022).
• Net loss: US$181.3m (loss widened by 245% from FY 2022).
• US$81.55 loss per share (further deteriorated from US$29.76 loss in FY 2022).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Luokung Technology shares are up 9.7% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 5 warning signs for Luokung Technology (4 make us uncomfortable!) that you should be aware of.

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