Recent Updates — LOBO

LOBO TECHNOLOGIES LTD filed a Form 6-K furnishing its unaudited interim consolidated financial statements for the six months ended June 30, 2026. The company reported total revenues of $14,586,984, an increase of 20.6% from $12,091,762 in the prior year period. This growth was driven by a 95.19% surge in electric vehicle unit sales to 143,007 units and the introduction of a new AI infrastructure services segment generating $1,504,021 in revenue. Despite higher revenues, the company posted a net loss of $1,078,445 compared to a net loss of $2,622,169 in the same period last year, primarily due to reduced interest expenses and lower general administrative costs. Cash and cash equivalents stood at $980,746 as of June 30, 2026. LOBO TECHNOLOGIES LTD operates in the electric vehicle manufacturing industry, producing e-bicycles, scooters, and shuttles, while also providing AI infrastructure services.