Lobo management says six-month revenue rise to $14.59 million is driven by higher EV sales and new AI infrastructure services
LOBO•Profitability and loss trends
Gross profit slipped to $1.93 million from $1.94 million as margin narrowed to 13.2% from 16.1%.
Net loss narrowed to $1.08 million from $2.62 million, helped by lower administrative costs and sharply lower interest expense.
Six-month revenue rises on EV sales and AI infrastructure services
Management commentary covered the six months ended June 30, 2026, with revenue rising 20.6% to $14.59 million.
Growth reflected higher electric vehicle and accessories sales, up 8.2% to $13.08 million, supported by higher e-bicycle revenue.
New AI infrastructure services contributed $1.5 million of revenue, with $1.25 million of related cost of revenue.
