Business
LOBO Issues 2025 Financial Guidance with 41.5% Projected Revenue Growth, Anticipating Up to $30 Million in Revenue and Record $3 Million in Net Income
WUXI, China, May 06, 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 released its financial guidance for the fiscal year ending December 31, 2025, along with strategic plans to accelerate international expansion. LOBO anticipates full-year 2025 revenue between $28 million and $30 million USD, representing a projected 41.5% increase over estimated 202
About this update from Lobo Technologies Ltd.
[{"type":"image","alt":"LOBO EV TECHNOLOGIES LTD.","displaySize":"","headline":null,"caption":"LOBO EV TECHNOLOGIES LTD.","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":88,"url":"https://media.zenfs.com/en/globenewswire.com/75f2dc36d005766af1a76804f0695a4d"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/.v8WQUjfuhq0.MY0B7Kqow--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTEyMztjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/75f2dc36d005766af1a76804f0695a4d","width":300,"height":88}},"lazy":false},{"type":"text","content":"WUXI, China, May 06, 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 released its financial guidance for the fiscal year ending December 31, 2025, along with strategic plans to accelerate international expansion.","length":380,"tagName":"p"},{"type":"text","content":"LOBO anticipates full-year 2025 revenue between $28 million and $30 million USD, representing a projected 41.5% increase over estimated 2024 results of $21.2 million. This growth is supported by strong sales of electric bikes and tricycles across its key markets. The Company also expects to deliver a record net income of approximately $3 million USD, reflecting increased operational efficiency and disciplined growth execution.","length":436,"tagName":"p"},{"type":"text","content":"“We are scaling responsibly while seizing opportunities in high-potential markets,” said Mr. Huajian Xu, CEO of LOBO Technologies. “Our mobility solutions are built for both urban and rural communities, and we’re just beginning to unlock our global potential. The company is currently trading at a deeply discounted valuation—just 1x price-to-earnings (P/E) and 0.2x price-to-sales (P/S)—figures that significantly understate the strength of our operational performance and the robustness of our long-term growth prospects.”","length":524,"tagName":"p"},{"type":"text","content":"Key Growth Drivers for 2025","length":27,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Rising global demand for affordable electric two- and three-wheeled vehicles","length":76,"tagName":"p"}]},{"val":[{"type":"text","content":"The rapidly growing Latin American market, with a population of 660 ...