Luokung Technology Corp
General ticker "LKCO" information:
- Sector: Communication Services
- Industry: Interactive Media & Services
- Capitalization: $4.1M
Luokung Technology Corp does not follow the US Stock Market performance with the rate: -17.9%.
Estimated limits based on current volatility of 5.7%: low 1.49$, high 1.67$
Factors to consider:
- Current price 66.3% below estimated low
- Earnings for 6 months up through Q2 exceed our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2022-12-31 to 2024-12-30
- 2022-12-31 to 2023-12-31 estimated range: [12.30$, 48.98$]
- 2023-12-31 to 2024-12-30 estimated range: [4.75$, 18.78$]
Financial Metrics affecting the LKCO estimates:
- Negative: Non-GAAP EPS, $ of -5.57 <= 0.10
- Negative: Operating profit margin, % of -39.28 <= 1.03
- Negative: negative Net income
- Negative: Operating cash flow per share per price, % of -18.59 <= 2.35
- Negative: Industry operating cash flow per share per price (median), % of -1.99 <= 3.85
- Positive: Industry inventory ratio change (median), % of -0.80 <= -0.39
Short-term LKCO quotes
Long-term LKCO plot with estimates
Financial data
| YTD | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|
| Operating Revenue | $145.07MM | $93.59MM | $10.24MM |
| Operating Expenses | $210.69MM | $154.14MM | $191.53MM |
| Operating Income | $-65.62MM | $-60.54MM | $-181.29MM |
| Non-Operating Income | $-3.98MM | $6.39MM | $2.33MM |
| Interest Expense | $4.12MM | $3.36MM | $3.50MM |
| R&D Expense | $45.48MM | $49.87MM | $25.18MM |
| Income(Loss) | $-69.60MM | $-54.15MM | $-178.97MM |
| Taxes | $-8.13MM | $-3.94MM | $2.37MM |
| Profit(Loss) | $-61.47MM | $-50.21MM | $-181.33MM |
| Stockholders Equity | $146.09MM | $114.14MM | $-61.38MM |
| Assets | $265.19MM | $233.64MM | $53.64MM |
| Operating Cash Flow | $-53.79MM | $-17.87MM | $-0.42MM |
| Capital expenditure | $1.54MM | $0.42MM | $0.03MM |
| Investing Cash Flow | $-78.40MM | $-0.93MM | $-0.44MM |
| Financing Cash Flow | $148.91MM | $7.09MM | $0.62MM |
| Earnings Per Share* | $-49.30 | $-29.76 | $-81.55 |
* EPS are Split Adjusted, recent splits may be reflected with a delay.