Lobo FY26 H1 net loss narrows to USD 1.1 million; revenue rises 20.6% to USD 14.6 million
Bitget2026/09/18 20:05- Lobo Technologies reported first-half fiscal 2026 revenue of USD 14.6 million, up 20.6% year over year.
- Net loss narrowed to USD 1.1 million, while loss per share improved to USD 0.07.
- Gross margin fell 2.9 percentage points to 13.2%, while gross profit held at USD 1.9 million.
- AI infrastructure services generated USD 1.5 million of revenue, while electric vehicles and accessories sales rose 8.2% to USD 13.1 million.
- CEO Huajian Xu cited a 17.9% drop in operating expenses to USD 2.5 million and said the AI business broadened revenue.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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