LOBO TECHNOLOGIES LTD. Announces Fiscal Year 2025 Financial Results
LOBO Technologies LTD. announced FY 2025 financial results with a 9.6% revenue increase to $23.2 million, driven by strong sales in e-bicycles and e-tricycles. Gross profit rose 26% with improved gross margin at 13.14%. The company doubled R&D spending to $3.74 million, emphasizing innovation and expansion into new markets. Despite higher revenues …