LOBO H1 Revenue Jumps 21% to $14.6M, Loss Narrows to $1.1M
LOBO sits 92% above its 52-week low of $0.365 on elevated volume (6.7× avg).
Summary
LOBO Technologies reported H1 FY26 revenue of $14.6M, up 20.6% year-over-year, with net loss narrowing to $1.1M from $2.6M. Gross margin compressed to 13.2% from 16.1%, while opex fell 17.9% to $2.5M, driving the improved bottom line. New AI infrastructure services contributed $1.5M, building on the $2M July revenue disclosed in July. Operating cash flow worsened to -$3.7M from -$1.2M, signaling rising cash burn that may pressure liquidity. The results show early traction in AI services but margin and cash flow trends bear watching.
At the time of this announcement, LOBO was trading at $0.70 on NASDAQ in the Technology sector, with a market capitalization of approximately $7.3M. The 52-week trading range was $0.36 to $1.48. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Wiseek News.