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LOTWW

Lotus Technology Inc. Warrants

LOTWW

Lotus Technology Inc. Warrants • NASDAQ
$0.07 ▲ 0.31% (+0.00)
Market Cap $42.96 M
52w High $0.07
52w Low $0.07
Dividend Yield 0%
P/E 0
Volume 165
Outstanding Shares 666.57M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $136.794M ▲ $103.996M ▼ $-65.111M ▲ -47.598% ▲ $-0.1 ▲ $-47.725M ▲
Q2-2025 $125.503M ▲ $168.624M ▲ $-130.215M ▲ -103.754% ▲ $-0.2 ▲ $-160.433M ▼
Q1-2025 $92.823M ▼ $114.144M ▼ $-182.823M ▲ -196.959% ▼ $-0.28 ▲ $-147.925M ▲
Q4-2024 $271.526M ▲ $159.088M ▼ $-436.471M ▼ -160.747% ▼ $-0.65 ▼ $-385.966M ▼
Q3-2024 $254.708M $168.242M $-205.799M -80.798% $-0.31 $-172.605M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $426.005M ▲ $1.858B ▼ $3.121B ▼ $-1.255B ▼
Q2-2025 $67.849M ▼ $2.252B ▼ $3.355B ▲ $-1.095B ▼
Q1-2025 $122.581M ▼ $2.267B ▼ $3.308B ▲ $-1.033B ▼
Q4-2024 $482.365M ▲ $2.286B ▼ $3.146B ▲ $-860.226M ▼
Q3-2024 $191.3M $2.587B $2.965B $-371.044M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q4-2023 $-224.689M ▼ $-389.748M ▼ $-273.402M ▼ $362.549M ▲ $426.808M ▲ $-603.741M ▼
Q3-2023 $1.27M ▼ $992.767K ▲ $-858.32K ▼ $-134.447K ▼ $0 $992.767K ▲
Q2-2023 $2.19M ▲ $325.639K ▼ $-595.678K ▼ $270.039K ▲ $0 $325.639K ▼
Q1-2023 $-3.727M ▼ $992.151K ▲ $69.361M ▲ $-70.353M ▼ $0 ▲ $992.151K ▲
Q4-2022 $1.062M $-64.531K $0 $0 $-62.471K $-64.531K

Five-Year Company Overview

Income Statement

Income Statement Lotus Technology is still very much in the “build and invest” stage. Revenue has only recently started to show up and is still very small, while operating losses are large and persistent. Gross profit has hovered around break-even, which means the business is not yet demonstrating strong underlying profitability on what it sells. Net losses have been widening rather than narrowing, suggesting that the company is prioritizing growth, product launches, and R&D over near‑term earnings. Overall, the income statement looks like that of an early‑stage auto and tech company rather than a mature car maker.

Balance Sheet

Balance Sheet The balance sheet shows a young company carrying a meaningful debt load and accumulated losses. Total assets have grown as the business has scaled, and there is a reasonable cash position, but debt has also increased and shareholders’ equity is negative. Negative equity typically reflects past losses piling up faster than capital has come in. This structure points to financial risk: the company is reliant on supportive lenders and/or future capital raises, and it has less of a balance‑sheet cushion than more established automakers.

Cash Flow

Cash Flow Cash flow is clearly in investment mode. Operating cash flow has been consistently negative, showing that the core business is consuming cash rather than generating it. Free cash flow is also meaningfully negative, even though capital spending is relatively moderate thanks to the asset‑light model. This pattern is typical of a company ramping up new products and technology, but it also means ongoing dependence on external funding until operations can scale enough to cover costs.

Competitive Edge

Competitive Edge Lotus Technology is trying to carve out a premium niche in the crowded EV and luxury performance market. Its strengths include the historic Lotus brand, a clear focus on high‑performance driving, backing and manufacturing support from the broader Geely group, and a more asset‑light approach than traditional automakers. The company is leaning heavily on fast‑charging, high‑voltage platforms and advanced driver‑assistance features as differentiators. On the other hand, it is up against much larger and better‑capitalized competitors in both the luxury and EV segments, with intense competition on technology, pricing, and brand. Its relatively small scale and young operating history leave it more exposed to execution missteps and demand swings.

Innovation and R&D

Innovation and R&D Innovation is the clear centerpiece of the Lotus Technology story. The company is pushing high‑voltage EV architectures for very fast charging, lightweight chassis concepts, and in‑house autonomous‑driving and ADAS technology through Lotus Robotics. Notably, it is building hardware that is positioned for higher‑level autonomy and is already licensing its software and systems to other automakers, which could become a more profitable, technology‑driven revenue stream. The product roadmap is ambitious, with planned SUVs, sports cars, and hybrid platforms, plus more experimental concepts focused on sustainability and immersive driving experiences. The flip side is that this innovation push is expensive, contributes to current losses, and depends on successful commercialization and regulatory acceptance of advanced driving features.

Summary

Overall, Lotus Technology looks like a high‑innovation, high‑risk, early‑stage luxury EV and technology platform rather than a stable car manufacturer. Financially, the company is loss‑making, burns cash, and has a leveraged, negative‑equity balance sheet, which underscores its dependence on continued access to capital. Strategically, it has meaningful strengths: a powerful performance brand, advanced EV and autonomous technologies, an asset‑light model, and potential tech‑licensing income. Yet it must still prove it can scale vehicle volumes, convert its technology into durable margins, and navigate fierce EV competition and cyclical luxury demand. For LOTWW specifically, these are warrants tied to this underlying story, so outcomes are especially sensitive to how successfully the company executes over the next several years.