LOBO: financial statements from SEC

Income statement

Metric	31/12/2025	31/12/2024	31/12/2023	31/12/2022
Revenue	23M	21M	15M	18M
Cost of revenue	20M	19M	13M	15M
Gross profit	3M	2M	2M	3M
Research and development	4M	2M	262,375	227,555
Selling, general and administrative	3M	2M	516,187	690,763
Operating expenses	7M	4M	1M	2M
Operating income	−4M	−2M	819,048	2M
Pre-tax income	−5M	−725,874	1M	2M
Income tax	86,085	119,967	344,853	417,268
Net income	−5M	−812,836	969,598	1M
Earnings per share	−0.52	−0.11	0.15	0.17
Earnings per share, diluted	−0.52	−0.11	0.15	0.17
Weighted average shares	10M	7M	6M	6M
Weighted average shares, diluted	10M	7M	6M	6M

Metric	19/08/2026	18/08/2026	31/12/2025	31/12/2024	31/12/2023	30/09/2023	28/02/2023	31/12/2022
Cash and equivalents	—	—	908,341	1M	470,335	—	—	182,829
Short-term investments	—	—	747,709	—	56,768	—	—	—
Receivables	—	—	3M	2M	3M	—	—	—
Inventory	—	—	10M	9M	6M	—	—	—
Current assets	—	—	18M	21M	16M	—	—	—
Property, plant and equipment	—	—	1M	728,438	1M	—	—	—
Total assets	—	—	20M	24M	20M	—	—	—
Current liabilities	—	—	13M	14M	13M	—	—	—
Short-term debt	—	—	3M	132,777	—	—	—	—
Long-term debt	—	—	95,441	236,513	140,847	—	—	—
Total liabilities	—	—	14M	15M	14M	—	—	—
Equity	—	—	7M	9M	6M	—	—	5M
Shares outstanding	—	—	—	8M	6M	6M	50,000	—
Shares issued	—	—	—	9M	6M	6M	50,000	—

Metric	31/12/2025	31/12/2024	31/12/2023	31/12/2022
Operating cash flow	−2M	−3M	−1M	−1M
Depreciation and amortisation	710,476	1M	722,778	347,189
Capital expenditure	427,099	325,257	314,197	777,994
Investing cash flow	−685,544	−283,823	614,673	−981,407
Financing cash flow	1M	5M	1M	2M