LOTUS TECHNOLOGY INC header image

LOTUS TECHNOLOGY INC

LOT

Equity

ISIN US54572F1012 / Valor 133216077

NASDAQ (2025-03-13)
USD 1.64+5.81%

LOTUS TECHNOLOGY INC
UMushroom community rating:

star star star star star
0.00 0 votes No rating yet
NegativeNeutralPositive

About company

LOTUS TECHNOLOGY INC, operating under the renowned British brand "Lotus," specializes in the design, development, and sale of luxury battery electric vehicles (BEVs). With a legacy spanning over seventy years in the automotive industry, Lotus is recognized for its high standards in performance, design, and engineering. The company leverages advanced proprietary technology and robust research and development capabilities to innovate in the fields of electrification, digitization, and intelligent vehicle systems. Employing an asset-light business model, Lotus Technology Inc aims to set new benchmarks in the luxury electric vehicle market.

Summarized from source with an LLMView SourceSector: Telecommunications

Latest Results (03.01.2025):

Revenue Growth

LOTUS TECHNOLOGY INC reported total revenues of $653 million for the first nine months of 2024, marking a significant 105% year-over-year increase. This growth was driven by strong sales performance across various regions and product lines.

Sales Performance

The company achieved sales of goods amounting to $624 million, reflecting a 104% increase compared to the same period in 2023. Service revenues also saw a substantial rise, reaching $29 million, which is a 129% year-over-year increase.

Gross Margin

LOTUS TECHNOLOGY INC's gross margin for the first nine months of 2024 was 9%, down from 11% in the same period of 2023. The decrease was primarily due to inventory management strategies in response to market conditions.

Operating and Net Loss

The company reported an operating loss of $598 million for the first nine months of 2024, an 18% increase from the previous year. The net loss for the same period was $667 million, with an adjusted net loss (non-GAAP) of $633 million, representing a 20% year-over-year increase.

Adjusted EBITDA

LOTUS TECHNOLOGY INC's adjusted EBITDA (non-GAAP) was a loss of $563 million for the first nine months of 2024, which is a 16% increase compared to the same period in 2023. This reflects ongoing investments in technology and market expansion efforts.

Summarized from source with an LLMView Source

Key figures

-77.7%1Y
%3Y
%5Y

Performance

93.0%1Y
93.0%3Y
93.0%5Y

Volatility

Market cap

2820 M

Market cap (USD)

Daily traded volume (Shares)

156,946

Daily traded volume (Shares)

1 day high/low

4.08 / 3.6

1 day high/low (USD)

52 weeks high/low

0.00 / 0.00

52 weeks high/low (USD)

Dividend ex-date

01 January, 2022

Dividend ex-date

Dividend

0.00

Dividend (USD)

Dividend yield (p.a.)

0.00%

Dividend yield (p.a.)

0.002022
0.002023
0.002024

Est dividend (USD)

0.00%2022
0.00%2023
0.00%2024

Est dividend yield

P/E ratio

10.00

P/E ratio

00.002022
00.002023
00.002024

Est P/E ratio

EPS

0.00

EPS (USD)

0.002022
0.002023
0.002024

Est EPS (USD)

Ratings & reviews

star star star star star

0.00

0 votes
Performance:
starstarstarstarstar
0.00
Innovation:
starstarstarstarstar
0.00
Society:
starstarstarstarstar
0.00
Nature:
starstarstarstarstar
0.00

EQUITIES OF THE SAME SECTOR

BCE Inc
BCE Inc BCE Inc Valor: 2614125
starstarstarstarstar

Annual Return

-50%0%+50%

Risk level

110
0.34%CAD 35.16
John Bean Technologies Corp
John Bean Technologies Corp John Bean Technologies Corp Valor: 4418143
starstarstarstarstar

Annual Return

-50%0%+50%

Risk level

110
-3.16%USD 120.27
United States Cellular Corp
United States Cellular Corp United States Cellular Corp Valor: 980950
starstarstarstarstar

Annual Return

-50%0%+50%

Risk level

110
-1.72%USD 63.60
Telefonica Brasil SA
Telefonica Brasil SA Telefonica Brasil SA Valor: 58325943
starstarstarstarstar

Annual Return

-50%0%+50%

Risk level

110
1.91%USD 8.54
FRIWO AG
FRIWO AG FRIWO AG Valor: 327410
starstarstarstarstar

Annual Return

-50%0%+50%

Risk level

110
8.07%EUR 8.70
Tele2 AB
Tele2 AB Tele2 AB Valor: 21358576
starstarstarstarstar

Annual Return

-50%0%+50%

Risk level

110
0.78%SEK 129.00
Sunrise Communications Ltd
Sunrise Communications Ltd Sunrise Communications Ltd Valor: 138622040
starstarstarstarstar

Annual Return

-50%0%+50%

Risk level

110
0.98%CHF 40.10
Dycom Industries Inc
Dycom Industries Inc Dycom Industries Inc Valor: 926447
starstarstarstarstar

Annual Return

-50%0%+50%

Risk level

110
-0.90%USD 147.47
Ad Pepper Media International NV
Ad Pepper Media International NV Ad Pepper Media International NV Valor: 1129795
starstarstarstarstar

Annual Return

-50%0%+50%

Risk level

110
0.80%EUR 2.52
Globalstar Inc
Globalstar Inc Globalstar Inc Valor: 2734932
starstarstarstarstar

Annual Return

-50%0%+50%

Risk level

110
-3.34%USD 21.42