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EZGO Technologies vs Lobo Technologies: revenue, profit, margins and growth compared

EZGO Technologies brought in $21.1M of revenue in fiscal 2024, Lobo Technologies $23.2M in fiscal 2025. Revenue changed by +32.7% at EZGO Technologies and +9.6% at Lobo Technologies on the year before, so EZGO Technologies grew faster. EZGO Technologies kept -34.5% of its revenue as net profit, Lobo Technologies -23.6%.

Side by side, latest fiscal year

EZGOLOBO
Fiscal year endedFY2024 (September 30, 2024)FY2025 (December 31, 2025)
Revenue$21.1M$23.2M
Revenue growth+32.7%+9.6%
Net income-$7.3M-$5.5M
Net margin-34.5%-23.6%
Free cash flown/a-$2.1M
Free cash flow marginn/a-9.2%
Earnings per share (diluted)-$2.80-$0.52
Cash$3.5M$908.3K
Debt$8.1M$95.4K
Price to earningsn/an/a
Market value$2.1M$7.8M
Dividend yieldn/an/a
Rank by revenue in sector#823 of 955 · Consumer discretionary#817 of 955 · Consumer discretionary

Over the years

Revenue
EZGO FY2018: $3.2MEZGO FY2020: $1.4MEZGO FY2020: $15.2MEZGO FY2021: $23.4MEZGO FY2022: $17.4MEZGO FY2023: $15.9MEZGO FY2024: $21.1MLOBO FY2021: $14.1MLOBO FY2023: $18.3MLOBO FY2023: $15.5MLOBO FY2024: $21.2MLOBO FY2025: $23.2MFY18FY20FY21FY22FY23FY24FY25
EZGO $21.1MLOBO $23.2M
Net income
EZGO FY2018: $633.7KEZGO FY2020: $2.2MEZGO FY2020: $276.9KEZGO FY2021: -$3.4MEZGO FY2022: -$6.5MEZGO FY2023: -$6.8MEZGO FY2024: -$7.3MLOBO FY2021: $1.6MLOBO FY2023: $1.1MLOBO FY2023: $969.6KLOBO FY2024: -$812.8KLOBO FY2025: -$5.5MFY18FY20FY21FY22FY23FY24FY25
EZGO -$7.3MLOBO -$5.5M
Net margin
EZGO FY2018: 19.9%EZGO FY2020: 159.8%EZGO FY2020: 1.8%EZGO FY2021: -14.6%EZGO FY2022: -37.2%EZGO FY2023: -42.6%EZGO FY2024: -34.5%LOBO FY2021: 11.7%LOBO FY2023: 5.9%LOBO FY2023: 6.3%LOBO FY2024: -3.8%LOBO FY2025: -23.6%FY18FY20FY21FY22FY23FY24FY25
EZGO -34.5%LOBO -23.6%
Revenue growth
EZGO FY2020: -57.0%EZGO FY2020: +1,011.7%EZGO FY2021: +53.7%EZGO FY2022: -25.8%EZGO FY2023: -8.4%EZGO FY2024: +32.7%LOBO FY2023: +29.5%LOBO FY2023: -15.4%LOBO FY2024: +36.9%LOBO FY2025: +9.6%FY20FY21FY22FY23FY24FY25
EZGO +32.7%LOBO +9.6%
Free cash flow
EZGO FY2018: $910.4KEZGO FY2020: -$4MEZGO FY2020: $1.7MEZGO FY2021: -$13MLOBO FY2021: $1.8MLOBO FY2023: -$2MLOBO FY2023: -$1.7MLOBO FY2024: -$3.3MLOBO FY2025: -$2.1MFY18FY20FY21FY23FY24FY25
EZGO -$13MLOBO -$2.1M

Fiscal years as each company reports them; the two may end in different months.

Questions about EZGO Technologies and Lobo Technologies

Which is bigger by revenue, EZGO Technologies or Lobo Technologies?

Lobo Technologies is bigger by revenue: $23.2M in fiscal 2025, against $21.1M for EZGO Technologies in fiscal 2024.

Which keeps more of its revenue as profit, EZGO Technologies or Lobo Technologies?

EZGO Technologies had a net margin of -34.5% in fiscal 2024; Lobo Technologies had -23.6% in fiscal 2025.

Which grew revenue faster, EZGO Technologies or Lobo Technologies?

In their latest fiscal years revenue changed by +32.7% at EZGO Technologies and +9.6% at Lobo Technologies.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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