Lobo FY26 H1 net loss narrows to USD 1.1 million; revenue rises 20.6% to USD 14.6 million
LOBO•AI services add to revenue mix
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.
First-half revenue and loss improve
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.
