Lotus Technology (NASDAQ:LOT) Full Year 2024 Results
Key Financial Results
- Revenue: US$924.3m (up 36% from FY 2023).
- Net loss: US$1.11b (loss widened by 46% from FY 2023).
- US$1.65 loss per share (further deteriorated from US$1.60 loss in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Lotus Technology Earnings Insights
Looking ahead, revenue is forecast to grow 38% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Auto industry in the US.
Performance of the American Auto industry.
The company's shares are down 2.6% from a week ago.
Risk Analysis
You still need to take note of risks, for example - Lotus Technology has 2 warning signs we think you should be aware of.
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