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Lotus Technology
(NASDAQ:LOT)
Lotus Technology (LOT) vs. SPDR S&P 500 ETF (SPY)
Lotus Technology Business Overview & Revenue Model
Lotus Technology Earnings Call Summary
Lotus Technology Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 1.02B | 924.35M | 679.01M | 9.56M | 3.69M |
| Gross Profit | 127.96M | 29.63M | 102.18M | -25.87M | 557.00K |
| EBITDA | -788.62M | -969.96M | -680.98M | -687.85M | -110.89M |
| Net Income | -889.81M | -1.10B | -742.00M | -723.92M | -110.53M |
Balance Sheet | |||||
| Total Assets | 2.59B | 2.29B | 1.58B | 1.58B | 287.63M |
| Cash, Cash Equivalents and Short-Term Investments | 191.30M | 482.36M | 422.94M | 739.00M | 591.20K |
| Total Debt | 1.10B | 1.19B | 942.04M | 658.60M | 218.27M |
| Total Liabilities | 2.96B | 3.15B | 2.41B | 1.66B | 22.25M |
| Stockholders Equity | -371.04M | -860.23M | -821.77M | -83.96M | -21.15M |
Cash Flow | |||||
| Free Cash Flow | -603.74M | -905.86M | -600.65M | -484.99M | -35.81M |
| Operating Cash Flow | -389.75M | -848.52M | -386.93M | -351.58M | -1.22M |
| Investing Cash Flow | -273.40M | -579.44M | -197.99M | -149.34M | -286.64M |
| Financing Cash Flow | 362.55M | 1.46B | 284.71M | 758.34M | 288.46M |
Lotus Technology Technical Analysis
Lotus Technology Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
55 Neutral | 22.23B | -36.36 | -18.51% | ― | 66.53% | 48.17% | |
52 Neutral | 7.36B | -2.08 | -95.34% | ― | 39.01% | 7.12% | |
51 Neutral | 15.22B | -4.40 | -379.72% | ― | 9.60% | -5.91% | |
49 Neutral | 18.92B | -4.82 | -57.76% | ― | 2.73% | 45.63% | |
42 Neutral | $1.38B | ― | 90.29% | ― | -1.96% | -17.69% | |
41 Neutral | 2.04B | -1.28 | 61.59% | ― | -29.59% | -115.85% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% |
Lotus Technology Corporate Events
Lotus Technology Inc. released its interim financial report for the six months ending June 30, 2025, revealing a significant decline in total revenues from $398.1 million in 2024 to $218.3 million in 2025. The company reported an operating loss of $263.4 million, highlighting ongoing challenges such as high operating expenses, limited vehicle orders, and manufacturing delays. Despite these setbacks, the company continues to navigate the complexities of the luxury electric vehicle market, which is influenced by rapidly evolving technology and regulatory changes.
On August 27, 2025, Lotus Technology Inc. entered into a share buyback agreement with Meritz Securities Co., Ltd., agreeing to repurchase 32,500,000 American depository shares for approximately $387 million. This move aims to settle the repurchase price using proceeds from U.S. treasury bonds and additional cash, with the transaction expected to close around September 5, 2025, terminating the existing subscription agreement. Additionally, the company announced a change in its board composition, appointing Ms. Ada Yunfeng Yan to the compensation committee, effective August 27, 2025, indicating a strategic shift in its governance structure.
On August 29, 2025, Lotus Technology Inc. announced its unaudited financial results for the second quarter and first half of 2025, reporting a total revenue of $218 million and a narrowed operating loss of $263 million. The company delivered over 2,800 vehicles, with a strong focus on the Chinese market, despite facing challenges such as tariff impacts and disrupted deliveries to North America. Lotus Tech also secured a $500 million funding commitment and entered a strategic collaboration for intelligent driving technologies, including exploring Robotaxi development in Saudi Arabia. Additionally, the company is set to acquire 100% equity interests in Lotus UK, consolidating its operations under the Lotus brand, which is expected to enhance its market positioning and operational efficiency.
On August 19, 2025, Lotus Technology Inc. announced a securities purchase agreement with ATW Partners to issue and sell convertible notes worth up to $300 million. This funding is expected to enhance the company’s liquidity and support its business development. The agreement includes issuing an initial note of $10 million and potential additional closings of up to $290 million. The transaction reflects investor confidence and aims to strengthen Lotus’s operations and shareholder value.
Lotus Technology Inc., based in Shanghai, China, announced the resignation of Mr. Anish Melwani from his position as an independent director, effective August 5, 2025. The resignation was due to personal reasons and not related to any disagreements with the company, indicating a smooth transition without impacting the company’s operations or market position.
On August 4, 2025, Lotus Technology Innovative Limited, a subsidiary of Lotus Technology Inc., entered into a loan agreement with Lotus Cars Limited. The agreement involves a loan of up to GBP 80 million, with an interest rate of 8% per annum, to be repaid by December 31, 2025. This financial move is expected to support Lotus Cars Limited’s general corporate requirements, potentially strengthening its operational capabilities and market position.
On July 28, 2025, Lotus Technology Inc. entered into a Master Credit Facility Framework Agreement with Zhejiang Geely Holding Group Company Limited. This agreement provides Lotus with a non-revolving credit facility of up to RMB 1.6 billion. The facility allows Lotus and its affiliates to draw funds domestically in RMB at a fixed interest rate or overseas in USD at a floating rate. The agreement is secured by a pledge over certain intellectual property rights, and in case of default, Geely can subscribe for shares of Lotus to cover outstanding loans. This strategic financial arrangement is expected to bolster Lotus Technology’s operational capacity and strengthen its market position.
On July 1, 2025, Lotus Technology Inc. announced its acquisition of 100% equity interest in Lotus Advance Technologies, following the exercise of put options by Etika Automotive and Geely International. This strategic move will consolidate Lotus UK’s manufacturing and engineering operations under the Lotus brand, enhancing the company’s market position in luxury sports and hyper cars. The acquisition, expected to complete by the end of 2025, will be executed through non-cash transactions and is subject to regulatory approvals.
Lotus Technology Inc., a company based in Shanghai, China, has announced a change in its board of directors. Effective June 30, 2025, Alexious Kuen Long Lee resigned from the board, and Jim Rowan has been appointed as a new director. Jim Rowan brings extensive experience in the automotive, consumer, and technology sectors, having previously served as CEO and President of Volvo Cars, and as CEO of Dyson. This strategic appointment is expected to enhance Lotus Technology’s leadership with Rowan’s proven track record in driving growth and profitability.
On June 25, 2025, Lotus Technology Inc. reported its unaudited financial results for the first quarter of 2025, highlighting significant developments and financial performance. The company delivered 1,274 vehicles, generating $93 million in revenue, although this marked a 46% year-on-year decline. Despite the decrease in revenue, Lotus improved its gross margin to 12%, a recovery from the previous year’s 3%, and reduced its operating loss by 56% to $103 million. The company has also been revamping its vehicle lineup, introducing upgraded models of its Eletre hyper-SUV and Emeya hyper-GT, and launched a national-level GT racing series in China. These efforts reflect Lotus’s strategic focus on enhancing its market presence and operational efficiency.