Lotus Technology (LOT) Financials

$2.12 0.00 (0.00%)

Closing price 04:00 PM Eastern

Extended Trading

$2.15 +0.03 (+1.65%)

As of 05:38 PM Eastern

Annual Income Statements for Lotus Technology

This table shows Lotus Technology's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2021	2022	2023	2024
Period end date	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	-111	-725	-757	-1,108
Consolidated Net Income / (Loss)	-111	-725	-750	-1,107
Net Income / (Loss) Continuing Operations	-111	-725	-750	-1,107
Total Pre-Tax Income	-109	-724	-749	-1,105
Total Operating Income	-113	-687	-736	-786
Total Gross Profit	0.56	2.31	102	30
Total Revenue	3.69	22	679	924
Operating Revenue	3.69	22	679	924
Total Cost of Revenue	3.13	7.25	577	895
Operating Cost of Revenue	3.13	7.25	577	895
Total Operating Expenses	113	690	842	825
Selling, General & Admin Expense	55	148	145	227
Marketing Expense	38	151	329	322
Research & Development Expense	511	446	369	275
Total Other Income / (Expense), net	4.38	-49	-13	-319
Interest Expense	4.86	8.54	20	344
Interest & Investment Income	8.45	-6.01	6.99	36
Other Income / (Expense), net	0.80	-34	0.04	-12
Income Tax Expense	1.85	0.29	1.11	2.01
Preferred Stock Dividends Declared	0.00	0.91	15	2.98
Net Income / (Loss) Attributable to Noncontrolling Interest	0.00	-0.64	-8.25	-2.36
Basic Earnings per Share	($0.33)	($1.52)	($1.60)	($1.72)
Weighted Average Basic Shares Outstanding	334.13M	475.81M	474.62M	645.23M
Diluted Earnings per Share	($0.33)	($1.52)	($1.60)	($1.72)
Weighted Average Diluted Shares Outstanding	334.13M	475.81M	474.62M	645.23M
Weighted Average Basic & Diluted Shares Outstanding	-	-	2.45B	678.24M

No quarterly income statements for Lotus Technology are available.

This table details how cash moves in and out of Lotus Technology's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2021	2022	2023	2024
Period end date	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Change in Cash & Equivalents	486	257	-300	32
Net Cash From Operating Activities	-127	-351	-387	-849
Net Cash From Continuing Operating Activities	-127	-351	-387	-849
Net Income / (Loss) Continuing Operations	-111	-725	-750	-1,107
Consolidated Net Income / (Loss)	-111	-725	-750	-1,107
Depreciation Expense	2.06	13	55	76
Amortization Expense	-	-55	0.00	-0.03
Non-Cash Adjustments To Reconcile Net Income	-536	80	87	347
Changes in Operating Assets and Liabilities, net	518	336	222	-165
Net Cash From Investing Activities	244	-149	-198	-579
Net Cash From Continuing Investing Activities	244	-149	-198	-579
Purchase of Property, Plant & Equipment	-35	-133	-214	-57
Acquisitions	0.00	-3.11	-5.06	-0.41
Purchase of Investments	0.00	-303	-39	-810
Sale of Property, Plant & Equipment	0.01	1.07	5.12	6.54
Divestitures	0.00	0.00	1.38	6.79
Sale and/or Maturity of Investments	0.00	289	37	247
Other Investing Activities, net	279	0.00	16	28
Net Cash From Financing Activities	365	758	285	1,460
Net Cash From Continuing Financing Activities	365	758	285	1,460
Repayment of Debt	0.00	-96	-279	-461
Payment of Dividends	-1.88	0.00	-0.15	0.00
Issuance of Debt	148	482	534	1,542
Issuance of Preferred Equity	0.00	317	0.00	0.00
Issuance of Common Equity	198	0.15	4.46	825
Other Financing Activities, net	20	54	25	-447
Cash Interest Paid	0.00	0.47	8.09	8.14
Cash Income Taxes Paid	0.06	1.76	1.15	0.68

No quarterly cash flow statements for Lotus Technology are available.

This table presents Lotus Technology's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2022	2023	2024
Period end date	12/31/2022	12/31/2023	12/31/2024
Total Assets	1,372	1,585	2,286
Total Current Assets	823	884	1,043
Cash & Equivalents	737	419	103
Restricted Cash	2.39	7.87	379
Accounts Receivable	8.66	99	225
Inventories, net	23	265	189
Prepaid Expenses	53	93	147
Plant, Property, & Equipment, net	253	355	316
Total Noncurrent Assets	295	346	926
Long-Term Investments	8.41	7.79	9.72
Noncurrent Note & Lease Receivables	-	0.00	270
Intangible Assets	116	116	117
Other Noncurrent Operating Assets	170	222	528
Other Noncurrent Nonoperating Assets	0.54	0.32	2.57
Total Liabilities & Shareholders' Equity	1,372	1,585	2,286
Total Liabilities	1,457	2,412	3,146
Total Current Liabilities	933	1,757	2,467
Short-Term Debt	29	247	916
Accounts Payable	7.24	361	472
Accrued Expenses	507	710	605
Other Current Liabilities	379	440	474
Total Noncurrent Liabilities	524	655	678
Long-Term Debt	77	82	74
Noncurrent Deferred & Payable Income Tax Liabilities	0.13	270	294
Other Noncurrent Operating Liabilities	447	303	310
Commitments & Contingencies	0.00	0.00	0.00
Redeemable Noncontrolling Interest	368	384	0.00
Total Equity & Noncontrolling Interests	-453	-1,211	-860
Total Preferred & Common Equity	-452	-1,205	-853
Total Common Equity	-452	-1,205	-853
Common Stock	403	358	1,786
Retained Earnings	-847	-1,589	-2,694
Accumulated Other Comprehensive Income / (Loss)	18	25	55
Noncontrolling Interest	-0.64	-5.40	-7.36

No quarterly balance sheets for Lotus Technology are available.

This table displays calculated financial ratios and metrics derived from Lotus Technology's official financial filings.

Metric	2021	2022	2023	2024
Period end date	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Growth Metrics	-	-	-	-
Revenue Growth	0.00%	489.77%	3,022.59%	36.13%
EBITDA Growth	0.00%	-594.06%	10.88%	-5.96%
EBIT Growth	0.00%	-543.73%	-1.94%	-8.44%
NOPAT Growth	0.00%	-508.64%	-7.06%	-6.85%
Net Income Growth	0.00%	-555.53%	-3.55%	-47.59%
EPS Growth	0.00%	-360.61%	-5.26%	-7.50%
Operating Cash Flow Growth	0.00%	-177.79%	-10.11%	-119.29%
Free Cash Flow Firm Growth	0.00%	0.00%	-226.84%	-276.48%
Invested Capital Growth	0.00%	0.00%	-30.43%	60.98%
Revenue Q/Q Growth	0.00%	0.00%	0.00%	0.00%
EBITDA Q/Q Growth	0.00%	0.00%	0.00%	0.00%
EBIT Q/Q Growth	0.00%	0.00%	0.00%	0.00%
NOPAT Q/Q Growth	0.00%	0.00%	0.00%	0.00%
Net Income Q/Q Growth	0.00%	0.00%	0.00%	0.00%
EPS Q/Q Growth	0.00%	0.00%	0.00%	0.00%
Operating Cash Flow Q/Q Growth	0.00%	0.00%	0.00%	0.00%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	0.00%
Invested Capital Q/Q Growth	0.00%	0.00%	0.00%	0.00%
Profitability Metrics	-	-	-	-
Gross Margin	15.11%	10.61%	15.05%	3.21%
EBITDA Margin	-2,985.84%	-3,513.79%	-100.28%	-78.06%
Operating Margin	-3,063.25%	-3,161.25%	-108.38%	-85.07%
EBIT Margin	-3,041.61%	-3,319.89%	-108.38%	-86.33%
Profit (Net Income) Margin	-2,997.86%	-3,332.09%	-110.49%	-119.79%
Tax Burden Percent	101.71%	100.04%	100.15%	100.18%
Interest Burden Percent	96.91%	100.33%	101.80%	138.51%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	0.00%	0.00%	0.00%	0.00%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	0.00%	0.00%	0.00%
Return on Net Nonoperating Assets (RNNOA)	0.00%	0.00%	0.00%	0.00%
Return on Equity (ROE)	0.00%	856.40%	164.57%	131.24%
Cash Return on Invested Capital (CROIC)	0.00%	0.00%	0.00%	0.00%
Operating Return on Assets (OROA)	0.00%	-52.62%	-49.78%	-41.24%
Return on Assets (ROA)	0.00%	-52.81%	-50.75%	-57.22%
Return on Common Equity (ROCE)	0.00%	4,579.00%	299.20%	160.08%
Return on Equity Simple (ROE_SIMPLE)	0.00%	160.17%	62.25%	129.83%
Net Operating Profit after Tax (NOPAT)	-79	-481	-515	-550
NOPAT Margin	-2,144.27%	-2,212.87%	-75.87%	-59.55%
Net Nonoperating Expense Percent (NNEP)	0.00%	-77.13%	-63.77%	285.74%
Return On Investment Capital (ROIC_SIMPLE)	-	138.47%	58.41%	-421.95%
Cost of Revenue to Revenue	84.89%	33.34%	84.95%	96.79%
SG&A Expenses to Revenue	1,485.30%	682.31%	21.29%	24.61%
R&D to Revenue	13,869.38%	2,050.33%	54.30%	29.73%
Operating Expenses to Revenue	3,078.36%	3,171.86%	124.03%	89.21%
Earnings before Interest and Taxes (EBIT)	-112	-722	-736	-798
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-110	-764	-681	-722
Valuation Ratios	-	-	-	-
Price to Book Value (P/BV)	0.00	0.00	0.00	0.00
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	0.00	0.00	0.00	0.00
Price to Earnings (P/E)	0.00	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.00	0.00	0.00
Enterprise Value to Revenue (EV/Rev)	0.00	0.00	0.00	0.00
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-
Debt to Equity	0.00	-1.25	-0.40	-1.15
Long-Term Debt to Equity	0.00	-0.91	-0.10	-0.09
Financial Leverage	0.00	7.46	0.81	-0.23
Leverage Ratio	0.00	-16.22	-3.24	-2.29
Compound Leverage Factor	0.00	-16.27	-3.30	-3.18
Debt to Total Capital	0.00%	504.58%	-65.94%	759.43%
Short-Term Debt to Total Capital	0.00%	137.47%	-49.56%	702.52%
Long-Term Debt to Total Capital	0.00%	367.11%	-16.38%	56.92%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	1,758.64%	-75.85%	-5.65%
Common Equity to Total Capital	0.00%	-2,163.22%	241.79%	-653.79%
Debt to EBITDA	0.00	-0.14	-0.48	-1.37
Net Debt to EBITDA	0.00	0.84	0.16	-0.69
Long-Term Debt to EBITDA	0.00	-0.10	-0.12	-0.10
Debt to NOPAT	0.00	-0.22	-0.64	-1.80
Net Debt to NOPAT	0.00	1.33	0.21	-0.91
Long-Term Debt to NOPAT	0.00	-0.16	-0.16	-0.13
Altman Z-Score	0.00	0.00	0.00	0.00
Noncontrolling Interest Sharing Ratio	0.00%	-434.68%	-81.81%	-21.97%
Liquidity Ratios	-	-	-	-
Current Ratio	0.00	0.88	0.50	0.42
Quick Ratio	0.00	0.80	0.29	0.13
Cash Flow Metrics	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	234	-297	-1,120
Operating Cash Flow to CapEx	-365.88%	-265.68%	-185.49%	-1,670.38%
Free Cash Flow to Firm to Interest Expense	0.00	27.45	-14.69	-3.26
Operating Cash Flow to Interest Expense	-26.01	-41.14	-19.12	-2.47
Operating Cash Flow Less CapEx to Interest Expense	-33.12	-56.63	-29.42	-2.62
Efficiency Ratios	-	-	-	-
Asset Turnover	0.00	0.02	0.46	0.48
Accounts Receivable Turnover	0.00	2.51	12.60	5.71
Inventory Turnover	0.00	0.32	4.01	3.94
Fixed Asset Turnover	0.00	0.09	2.23	2.75
Accounts Payable Turnover	0.00	1.00	3.14	2.15
Days Sales Outstanding (DSO)	0.00	145.30	28.96	63.97
Days Inventory Outstanding (DIO)	0.00	1,142.98	91.09	92.56
Days Payable Outstanding (DPO)	0.00	364.30	116.36	169.85
Cash Conversion Cycle (CCC)	0.00	923.98	3.69	-13.33
Capital & Investment Metrics	-	-	-	-
Invested Capital	0.00	-716	-933	-364
Invested Capital Turnover	0.00	-0.06	-0.82	-1.42
Increase / (Decrease) in Invested Capital	0.00	-716	-218	569
Enterprise Value (EV)	0.00	0.00	0.00	0.00
Market Capitalization	0.00	0.00	0.00	0.00
Book Value per Share	$0.00	($0.95)	($2.54)	($0.35)
Tangible Book Value per Share	$0.00	($1.20)	($2.78)	($0.40)
Total Capital	0.00	21	-498	130
Total Debt	0.00	106	329	991
Total Long-Term Debt	0.00	77	82	74
Net Debt	0.00	-642	-106	499
Capital Expenditures (CapEx)	35	132	209	51
Debt-free, Cash-free Net Working Capital (DFCFNWC)	0.00	-820	-1,053	-990
Debt-free Net Working Capital (DFNWC)	0.00	-81	-627	-508
Net Working Capital (NWC)	0.00	-109	-874	-1,424
Net Nonoperating Expense (NNE)	31	243	235	557
Net Nonoperating Obligations (NNO)	0.00	-631	-106	496
Total Depreciation and Amortization (D&A)	2.06	-42	55	76
Debt-free, Cash-free Net Working Capital to Revenue	0.00%	-3,769.44%	-155.13%	-107.15%
Debt-free Net Working Capital to Revenue	0.00%	-370.97%	-92.27%	-54.96%
Net Working Capital to Revenue	0.00%	-503.18%	-128.65%	-154.10%
Earnings Adjustments	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	$0.00	($1.60)	($1.72)
Adjusted Weighted Average Basic Shares Outstanding	0.00	0.00	474.62M	645.23M
Adjusted Diluted Earnings per Share	$0.00	$0.00	($1.60)	($1.72)
Adjusted Weighted Average Diluted Shares Outstanding	0.00	0.00	474.62M	645.23M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	0.00	2.45B	678.24M
Normalized Net Operating Profit after Tax (NOPAT)	-79	-481	-515	-550
Normalized NOPAT Margin	-2,144.27%	-2,212.87%	-75.87%	-59.55%
Pre Tax Income Margin	-2,947.60%	-3,330.75%	-110.33%	-119.57%
Debt Service Ratios	-	-	-	-
EBIT to Interest Expense	-23.06	-84.51	-36.36	-2.32
NOPAT to Interest Expense	-16.26	-56.33	-25.45	-1.60
EBIT Less CapEx to Interest Expense	-30.17	-100.00	-46.67	-2.47
NOPAT Less CapEx to Interest Expense	-23.37	-71.82	-35.76	-1.75
Payout Ratios	-	-	-	-
Dividend Payout Ratio	-1.70%	0.00%	-0.02%	0.00%
Augmented Payout Ratio	-1.70%	0.00%	-0.02%	0.00%

No quarterly metrics and ratios for Lotus Technology are available.

Financials Breakdown Chart

Frequently Asked Questions About Lotus Technology's Financials

When does Lotus Technology's fiscal year end?

According to the most recent income statement we have on file, Lotus Technology's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Lotus Technology's net income changed over the last 3 years?

Lotus Technology's net income appears to be on an upward trend, with a most recent value of -$1.11 billion in 2024, rising from -$110.53 million in 2021. The previous period was -$750.26 million in 2023.

What is Lotus Technology's operating income?

Lotus Technology's total operating income in 2024 was -$786.32 million, based on the following breakdown:

Total Gross Profit: $29.63 million
Total Operating Expenses: $824.59 million

How has Lotus Technology's revenue changed over the last 3 years?

Over the last 3 years, Lotus Technology's total revenue changed from $3.69 million in 2021 to $924.35 million in 2024, a change of 24,970.5%.

How much debt does Lotus Technology have?

Lotus Technology's total liabilities were at $3.15 billion at the end of 2024, a 30.4% increase from 2023, and a 116.0% increase since 2022.

How much cash does Lotus Technology have?

In the past 2 years, Lotus Technology's cash and equivalents has ranged from $103.07 million in 2024 to $736.61 million in 2022, and is currently $103.07 million as of their latest financial filing in 2024.

How has Lotus Technology's book value per share changed over the last 3 years?

Over the last 3 years, Lotus Technology's book value per share changed from 0.00 in 2021 to -0.35 in 2024, a change of -34.8%.

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This page (NASDAQ:LOT) was last updated on 8/29/2025 by MarketBeat.com Staff

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Lotus Technology (LOT) Financials

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Lotus Technology (LOT) Financials

Annual Income Statements for Lotus Technology

Quarterly Income Statements for Lotus Technology

Annual Cash Flow Statements for Lotus Technology

Quarterly Cash Flow Statements for Lotus Technology

Annual Balance Sheets for Lotus Technology

Quarterly Balance Sheets for Lotus Technology

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Quarterly Metrics And Ratios for Lotus Technology

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Frequently Asked Questions About Lotus Technology's Financials

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