Lotus Technology Inc. American Depositary Shares
Lotus Technology Inc. American Depositary Shares (LOT) Financial Performance & Income Statement Overview
Review Lotus Technology Inc. American Depositary Shares (LOT) income statement, balance sheet, and cash flow reports with annual and quarterly breakdowns.
Lotus Technology Inc. American Depositary Shares (LOT) Income Statement & Financial Overview
View the income breakdown for Lotus Technology Inc. American Depositary Shares LOT across both annual and quarterly reports.
| Metric | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 |
|---|---|---|---|---|
| Revenue | $271.53M | $254.71M | $225.03M | $172.70M |
| Cost of Revenue | $301.01M | $246.50M | $204.44M | $142.46M |
| Gross Profit | -$29.49M | $8.20M | $20.60M | $30.25M |
| Gross Profit Ratio | -$0.11 | $0.03 | $0.09 | $0.18 |
| R&D Expenses | $47.28M | $52.67M | $70.16M | $104.46M |
| SG&A Expenses | $114.64M | $118.89M | $155.79M | $160.11M |
| Operating Expenses | $159.09M | $168.24M | $224.99M | $264.57M |
| Total Costs & Expenses | $460.10M | $414.75M | $429.42M | $407.03M |
| Interest Income | $10.37M | $6.62M | $6.99M | $1.67M |
| Interest Expense | $37.38M | $8.85M | $7.76M | $3.95M |
| Depreciation & Amortization | $13.23M | $22.21M | $23.05M | $16.14M |
| EBITDA | -$385.97M | -$174.41M | -$170.51M | -$237.44M |
| EBITDA Ratio | -$1.42 | -$0.68 | -$0.76 | -$1.37 |
| Operating Income | -$188.58M | -$160.04M | -$204.39M | -$234.32M |
| Operating Income Ratio | -$0.69 | -$0.63 | -$0.91 | -$1.36 |
| Other Income/Expenses (Net) | -$248.00M | -$45.43M | $2.57M | -$23.76M |
| Income Before Tax | -$436.57M | -$205.47M | -$201.81M | -$257.52M |
| Income Before Tax Ratio | -$1.61 | -$0.81 | -$0.90 | -$1.49 |
| Income Tax Expense | $857000.00 | $800000.00 | $213000.00 | $141689.00 |
| Net Income | -$436.47M | -$205.80M | -$201.45M | -$257.87M |
| Net Income Ratio | -$1.61 | -$0.81 | -$0.90 | -$1.49 |
| EPS | -$0.65 | -$0.30 | -$0.30 | -$0.47 |
| Diluted EPS | -$0.65 | -$0.30 | -$0.30 | -$0.47 |
| Weighted Avg Shares Outstanding | $670.51M | $675.90M | $675.45M | $558.43M |
| Weighted Avg Shares Outstanding (Diluted) | $670.51M | $675.90M | $675.45M | $558.43M |
Over the last four quarters, Lotus Technology Inc. American Depositary Shares achieved steady financial progress, growing revenue from $172.70M in Q1 2024 to $271.53M in Q4 2024. Gross profit stayed firm with margins at -11% in Q4 2024 versus 18% in Q1 2024. Operating income totaled -$188.58M in Q4 2024, maintaining a -69% margin over recent quarters. Despite shifts in R&D and SG&A costs, EBITDA stayed strong at -$385.97M. Net income dropped to -$436.47M, with EPS at -$0.65. Disciplined expense strategies and efficient operations ensured sustained profitability and long-term financial stability.
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