Company logo

LKCO - Luokung Technology Corp.

NASDAQ -> Communication Services -> Internet Content & Information
Beijing, China
Type: Equity

LKCO price evolution
LKCO
(in millions $) 30 Jul 2023 31 Dec 2022 30 Sep 2022 30 Jun 2022
Current assets
Cash $1 $1.26 $1.26 $1.01
Short term investments
Net receivables $12.21 $43.56 $43.56 $50.89
Inventory
Total current assets $13.21 $44.83 $44.83 $52.27
Long term investments $0.43 $0.43 $0.43
Property, plant & equipment $3.65 $6.25 $6.25 $7.92
Goodwill & intangible assets
Total noncurrent assets
Total investments
Total assets $201.16 $233.64 $233.64 $252
Current liabilities
Accounts payable $6.18 $8.09 $8.09 $8.02
Deferred revenue
Short long term debt $1.67 $1.67 $1.6
Total current liabilities $91.49 $94.83 $94.83 $107.38
Long term debt $1.15 $1.15
Total noncurrent liabilities
Total debt
Total liabilities $94.75 $99.33 $99.33 $115.15
Shareholders' equity
Retained earnings -$257.38 -$235.25 -$235.25 -$213.86
Other shareholder equity $1.88 $10.5 $10.5 $13.14
Total shareholder equity $134.31 $134.31 $136.85
(in millions $) 31 Dec 2022 31 Dec 2021 30 Jan 2021 31 Dec 2019
Current assets
Cash $1.26 $16.44 $0.07 $3.7
Short term investments
Net receivables $43.56 $39.58 $11.98 $36.67
Inventory
Total current assets $44.83 $57.73 $12.05 $40.97
Long term investments $0.43 $0.44 $60.45 $14.33
Property, plant & equipment $6.25 $10.07 $0.51 $1.26
Goodwill & intangible assets
Total noncurrent assets $117.13 $76.92
Total investments
Total assets $233.64 $265.19 $129.18 $117.9
Current liabilities
Accounts payable $8.09 $9.19 $72.62 $4.31
Deferred revenue $2.07
Short long term debt $1.67 $3.11 $1.96 $1.28
Total current liabilities $94.83 $101.71 $73.61 $30.69
Long term debt $1.15 $3.06 $2.66 $32.94
Total noncurrent liabilities $2.88 $33.24
Total debt
Total liabilities $99.33 $119.1 $76.49 $63.49
Shareholders' equity
Retained earnings -$235.25 -$182.71 -$113.24 -$73.38
Other shareholder equity $10.5 -$1.59 -$1.46 $1.37
Total shareholder equity $134.31 $146.09 $52.63 $54.41
(in millions $) 30 Jul 2023 31 Dec 2022 30 Sep 2022 30 Jun 2022
Revenue
Total revenue $6.2 $15.39 $15.39 $31.4
Cost of revenue $11.77 $11.77 $27.2
Gross Profit $3 $3.62 $3.62 $4.21
Operating activities
Research & development $12.46 $12.46 $12.48
Selling, general & administrative $7.36 $7.36 $5.8
Total operating expenses $23.6 $31.59 $31.59 $45.48
Operating income -$16.2 -$16.2 -$14.08
Income from continuing operations
EBIT
Income tax expense -$0.56 -$1.7 -$1.7 -$0.27
Interest expense -$1.63 -$0.76 -$0.76 -$0.92
Net income
Net income -$22.13 -$10.88 -$10.88 -$15.39
Income (for common shares) -$10.88 -$10.88 -$15.39
(in millions $) 31 Dec 2022 31 Dec 2021 30 Jan 2021 31 Dec 2019
Revenue
Total revenue $93.59 $145.07 $18.26 $18.78
Cost of revenue $77.94 $129.03 $17.48 $14.98
Gross Profit $15.65 $16.04 $0.78 $3.8
Operating activities
Research & development $49.87 $32.8 $3.94 $3.25
Selling, general & administrative $26.32 $35.47 $31.49 $26.45
Total operating expenses $154.14 $210.69 $41.51 $50.3
Operating income -$60.54 -$65.62 -$40.25 -$31.52
Income from continuing operations
EBIT
Income tax expense -$3.94 -$8.13 -$0.07
Interest expense -$3.36 $3.63 $0.1
Net income
Net income -$52.54 -$68.8 -$39.87 -$31.51
Income (for common shares) -$52.54 -$68.8 -$39.87 -$31.51
(in millions $) 31 Dec 2021 30 Jun 2021 30 Jan 2021 30 Jun 2020
Net income -$34.75 -$26.72 -$40.06 $13.05
Operating activities
Depreciation $7.75 $5.68 $2.58 -$2.83
Business acquisitions & disposals
Stock-based compensation
Total cash flows from operations -$19.52 -$34.27 -$15.82 $14.7
Investing activities
Capital expenditures -$3.68 -$0.12 -$0.01 $0.11
Investments
Total cash flows from investing -$10.1 -$68.3 -$19.38 -$3.77
Financing activities
Dividends paid -$0.01 -$0.66
Sale and purchase of stock $31.31 $116.8 -$11.3 $9.11
Net borrowings $21.74
Total cash flows from financing $32.74 $116.17 $31.54 -$16.91
Effect of exchange rate -$0.83 $0.83 $0.04 -$0.05
Change in cash and equivalents $2.29 $14.43 -$3.62 -$5.98
(in millions $) 31 Dec 2022 31 Dec 2021 30 Jan 2021 31 Dec 2019
Net income -$52.54 -$61.47 -$40.06 -$31.95
Operating activities
Depreciation $18.75 $13.43 $5.6 $5.85
Business acquisitions & disposals
Stock-based compensation
Total cash flows from operations -$17.87 -$53.79 -$15.82 -$18.26
Investing activities
Capital expenditures -$0.42 -$5.69 -$0.03 -$0.13
Investments
Total cash flows from investing -$0.93 -$78.4 -$19.38 -$14.63
Financing activities
Dividends paid -$0.67
Sale and purchase of stock $7.42 $148.11 $9.88 $12.07
Net borrowings -$0.33 $21.74 $21.74
Total cash flows from financing $7.09 $148.91 $31.54 $35.44
Effect of exchange rate -$0.29 $0.04 -$0.05
Change in cash and equivalents -$15.53 $16.72 -$3.62 $2.5
Fundamentals
Market cap $11.46M
Enterprise value N/A
Shares outstanding 17.52M
Revenue $68.38M
EBITDA N/A
EBIT N/A
Net Income -$59.28M
Revenue Q/Q -80.26%
Revenue Y/Y N/A
P/E ratio -0.19
EV/Sales N/A
EV/EBITDA N/A
EV/EBIT N/A
P/S ratio 0.17
P/B ratio N/A
Book/Share N/A
Cash/Share 0.06
EPS -$3.38
ROA -25.76%
ROE N/A
Debt/Equity 0.74
Net debt/EBITDA N/A
Current ratio 0.14
Quick ratio N/A