Lotus Technology (ADR) (LOT)
Designs luxury electric vehicles and distributes Lotus sports cars worldwide.
$0.9096
After hours0.00 (0.00%)
At close$0.9096(−4.22%)
In millions of USD, except per-share figures
| In millions | Q2 FY23Jun 2023 | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 111 | 274 | 364 | 173 | 225 | 255 | 272 | 93 | 127 | 137 | 163 | 268 |
| Cost of revenue | 105 | 226 | 295 | 142 | 204 | 247 | 301 | 82 | 120 | 126 | 147 | 242 |
| Gross profit | 6 | 48 | 69 | 30 | 21 | 8 | −29 | 11 | 7 | 11 | 16 | 26 |
| 1 | 1 | 300 | 265 | 225 | 168 | 161 | 114 | 117 | 104 | 82 | 124 | |
| Research & development | 87 | 108 | 135 | 104 | 70 | 53 | 47 | 49 | 44 | 37 | 41 | −2 |
| 102 | 111 | 164 | 160 | 156 | 119 | 115 | 70 | 73 | 67 | 75 | 129 | |
| Selling & marketing | 66 | 73 | 138 | 103 | 101 | 56 | 63 | 40 | 39 | 38 | 32 | 83 |
| General & administrative | 35 | 38 | 26 | 57 | 55 | 63 | 52 | 31 | 33 | 29 | 43 | 46 |
| Other expenses | 0 | 0 | 1 | 0 | −1 | −3 | −1 | −5 | 0 | 0 | −34 | −4 |
| Operating income | −1 | −1 | −231 | −234 | −204 | −160 | −188 | −103 | −110 | −93 | −66 | −97 |
| −11 | −197 | 4 | −24 | 3 | −45 | −252 | −79 | −7 | 30 | −21 | −51 | |
| Interest income | 3 | 3 | 2 | 2 | 7 | 7 | 10 | 7 | 5 | 9 | 8 | 15 |
| Interest expense | 3 | 0 | 3 | 4 | 8 | 9 | 37 | 34 | −1 | 7 | 22 | 34 |
| Other non-operating income | −185 | −2 | −9 | 20 | −10 | 37 | 211 | 45 | 11 | −36 | −5 | 17 |
| Income before tax | 2 | 1 | −226 | −258 | −202 | −205 | −440 | −182 | −117 | −63 | −87 | −149 |
| Income tax expense | 0 | 1 | 0 | 0 | 0 | 1 | −3 | 1 | 15 | 2 | −1 | −1 |
| Net income from continuing operations | −193 | 1 | −225 | −258 | −202 | −206 | −437 | −183 | −131 | −65 | −86 | −148 |
| Other adjustments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | −3 |
| Net income | −190 | 1 | −225 | −258 | −201 | −206 | −436 | −183 | −131 | −65 | −86 | −151 |
| EPS, basic | −$0.27 | $0.00 | −$0.49 | −$0.47 | −$0.30 | −$0.31 | −$0.65 | −$0.28 | −$0.19 | −$0.10 | −$0.14 | −$0.23 |
| EPS, diluted | −$0.27 | $0.00 | −$0.49 | −$0.47 | −$0.30 | −$0.31 | −$0.65 | −$0.28 | −$0.19 | −$0.10 | −$0.14 | −$0.23 |
| Weighted average shares, basic | 673 | 574 | 475 | 558 | 675 | 676 | 671 | 659 | 677 | 648 | 628 | 646 |
| Weighted average shares, diluted | 673 | 574 | 475 | 558 | 675 | 676 | 671 | 659 | 677 | 648 | 628 | 646 |
| EBITDA | −171 | 17 | −206 | −237 | −171 | −174 | −386 | −130 | −92 | −48 | −61 | −114 |
| Depreciation & amortization | 15 | 16 | 16 | 16 | 23 | 22 | 13 | 18 | 18 | 9 | 0 | 0 |
| EBIT | 2 | 1 | −223 | −254 | −194 | −197 | −399 | −148 | −121 | −57 | −61 | −114 |
