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LOBO Technologies Ltd. (NASDAQ:LOBO), a developer and manufacturer of electric mobility and smart-hardware products, today announced an updated financial forecast for the fiscal year ending December 31, 2025.
According to the latest forecast, the Company expects continued strong growth in both revenue and profitability. Total revenue for fiscal year 2025 is projected to range between $28 million and $30 million, representing about 30-40% increase compared with fiscal 2024 revenue of $21.2 million. The Company anticipates achieving a gross profit margin of approximately 17%, an improvement of almost 5 percentage points over 2024, and expects to report a gross profit of approximately $4.8 million. Based on current projections, LOBO anticipates a turnaround to profitability, with net income after accounting for all kinds of costs, marking a record and milestone for the Company since it went to public.
As of September 2025, LOBO's cumulative sales order value reached $20 million, of which approximately $15 million has already been collected from completed orders. This progress reflects the Company's ongoing investment in research and development ("R&D"), production optimization, and cost-control initiatives.
Posted In: LOBO
