Luokung Technology Corp

Company Profile

Luokung Technology Corp had its IPO on 2018-08-23 under the ticker symbol LKCO.

The company operates in the Technology sector and Software-Application industry. Luokung Technology Corp has a staff strength of 727 employees.

Stock update

Shares of Luokung Technology Corp opened at $1.1 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $1.04 - $1.1, and closed at $1.06.

This is a 0% increase from the previous day's closing price.

A total volume of 36,096 shares were traded at the close of the day’s session.

In the last one week, shares of Luokung Technology Corp have slipped by -5.19%.

Luokung Technology Corp's Key Ratios

Luokung Technology Corp has a market cap of $18.22 million, indicating a price to book ratio of 0.6145 and a price to sales ratio of 0.662.

In the last 12-months Luokung Technology Corp’s revenue was $93.59 million with a gross profit of $15.65 million and an EBITDA of $-41545456. The EBITDA ratio measures Luokung Technology Corp's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Luokung Technology Corp’s operating margin was -62.71% while its return on assets stood at -14.71% with a return of equity of -34.85%.

In Q1, Luokung Technology Corp’s quarterly earnings growth was a positive 0% while revenue growth was a negative 71.3%.

Luokung Technology Corp’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

Its diluted EPS in the last 12-months stands at $-3.72 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Luokung Technology Corp’s profitability.

Luokung Technology Corp stock is trading at a EV to sales ratio of 0.9153 and a EV to EBITDA ratio of -2.609. Its price to sales ratio in the trailing 12-months stood at 0.662.

Luokung Technology Corp stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$233.64 million

Total Liabilities

$94.83 million

Operating Cash Flow

$0

Capital Expenditure

$1.54 billion

Dividend Payout Ratio

0%

Luokung Technology Corp ended 2024 with $233.64 million in total assets and $0 in total liabilities. Its intangible assets were valued at $233.64 million while shareholder equity stood at $114.14 million.

Luokung Technology Corp ended 2024 with $0 in deferred long-term liabilities, $94.83 million in other current liabilities, 4924987.00 in common stock, $-235249958.00 in retained earnings and $80.29 million in goodwill. Its cash balance stood at $1.26 million and cash and short-term investments were $1.26 million. The company’s total short-term debt was $53,106,060 while long-term debt stood at $0.

Luokung Technology Corp’s total current assets stands at $44.83 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $7.53 million compared to accounts payable of $8.09 million and inventory worth $-16231532.00.

In 2024, Luokung Technology Corp's operating cash flow was $0 while its capital expenditure stood at $1.54 billion.

Comparatively, Luokung Technology Corp paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$1.06

52-Week High

$7.95

52-Week Low

$1.01

Analyst Target Price

$

Luokung Technology Corp stock is currently trading at $1.06 per share. It touched a 52-week high of $7.95 and a 52-week low of $7.95. Analysts tracking the stock have a 12-month average target price of $.

Its 50-day moving average was $1.18 and 200-day moving average was $2.85 The short ratio stood at 10.71 indicating a short percent outstanding of 0%.

Around 821.9% of the company’s stock are held by insiders while 175.2% are held by institutions.