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Private company

Luokung Technology Corp.

Luokung Technology Corp. is a computer programming services company based in Beijing, British Virgin Islands.2

Last updated Oct 21, 2026.

Overview

$10.2MRevenue, fiscal 20233
-$181.3MNet income, fiscal 20233
  • IndustryServices-Computer Programming Services2
  • HeadquartersBeijing, China2
  • Incorporated inVirgin Islands, British4
  • Business addressRm 805, West Tower, Century Fortune Ctr, Guanghua Road, Chaoyang District, Beijing, F4 1000204
  • Filer categoryNon-accelerated filer4
  • Legal formcompany limited by shares2
  • LEI549300COL9W0H0S72M022
  • StatusActive2
  • LEI statusLapsed (not renewed)2
  • Registered addressC/O Portcullis (BVI) Ltd, VG1110 Road Town, British Virgin Islands2

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Shares, or ADSs, for gross proceeds of $16 million, and our ADSs were listed on the NASDAQ Capital Market under the ticker symbol “KONE”.5 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2023

-1771.1%Operating margin3
-1771.5%Net margin3
-89.1%Revenue growth, 20233
-$449.3KFree cash flow3

Where the money goes

Where each dollar of revenue went, fiscal 2023

  • Cost of revenue17¢$5.6M
  • Research and development75¢$25.2M
  • Income tax8¢$2.8M

Out of $10.2M in revenue.3 The company lost money this year.

Financial statements

Revenue6789103$10.2M in 2023+96% since 2016
0$50.0M$100.0M$150.0M2016: $5.2M$5.2M20162017: $26.1M$26.1M2017+398%2018: $21.0M$21.0M2018−19%2019: $18.8M$18.8M2019−11%2020: $18.3M$18.3M2020−3%2021: $145.1M$145.1M2021+694%2022: $93.6M$93.6M2022−35%2023: $10.2M$10.2M2023−89%
Gross profit11-$176.0K in 2017
-$200.0K-$100.0K0$100.0K$200.0K$300.0K2016: $204.0K$204.0K20162017: -$176.0K-$176.0K2017
Operating income6789103-$181.3M in 2023+1376% since 2016
-$200.0M-$150.0M-$100.0M-$50.0M02016: -$12.3M-$12.3M20162017: -$6.9M-$6.9M2017−44%2018: -$10.8M-$10.8M2018+57%2019: -$31.5M-$31.5M2019+191%2020: -$40.3M-$40.3M2020+28%2021: -$65.6M-$65.6M2021+63%2022: -$60.5M-$60.5M2022−8%2023: -$181.3M-$181.3M2023+199%
Net income6789103-$181.3M in 2023+1290% since 2016
-$200.0M-$150.0M-$100.0M-$50.0M02016: -$13.0M-$13.0M20162017: -$6.8M-$6.8M2017−48%2018: -$11.9M-$11.9M2018+75%2019: -$31.5M-$31.5M2019+164%2020: -$39.9M-$39.9M2020+27%2021: -$68.8M-$68.8M2021+73%2022: -$52.5M-$52.5M2022−24%2023: -$181.3M-$181.3M2023+245%
Fiscal year20162017201820192020202120222023
Revenue$5.2M6$26.1M7$21.0M8$18.8M9$18.3M10$145.1M3$93.6M3$10.2M3
Cost of revenue$6.3M6$5.5M7$6.9M8$15.0M9$17.5M10$129.0M3$77.9M3$5.6M3
Gross profit$204.0K11-$176.0K11
Research and development$2.9M6$1.0M7$3.5M8$8.7M9$9.4M10$45.5M3$49.9M3$25.2M3
Operating expenses$81.7M3$76.2M3$185.9M3
Operating income-$12.3M6-$6.9M7-$10.8M8-$31.5M9-$40.3M10-$65.6M3-$60.5M3-$181.3M3
Interest$4.4K6$26.6K7$80.2K8$102.1K9$3.6M10$4.1M10$3.4M10
Income before tax-$69.6M3-$54.2M3-$179.0M3
Income tax$74.0K8-$71.0K9-$8.1M3-$3.9M3$2.8M3
Net income-$13.0M6-$6.8M7-$11.9M8-$31.5M9-$39.9M10-$68.8M3-$52.5M3-$181.3M3
Earnings per share-$0.169-$5.4010-$49.303-$29.763-$81.553
Earnings per share (diluted)-$5.4010-$49.303-$29.763-$81.553
Shares (weighted, basic)1.4M shares31.8M shares32.2M shares3
Shares (weighted, diluted)1.4M shares31.8M shares32.2M shares3

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Corporate structure

Luokung Technology Corp. sits at the top of its group. 2 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Luokung Technology Corp.

  • Luokung Technology Corp. Beijing, China
    • Dream Beyond Global Limited Subsidiary · 朝阳区, China

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Luokung Technology Corp. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$4.4M3 Dec 31, 2023$6.6M3 Dec 31, 2022−33.9%
Accumulated depreciation$3.3M3 Dec 31, 2023$3.1M3 Dec 31, 2022+6.1%
Property and equipment, net$1.1M3 Dec 31, 2023$3.5M3 Dec 31, 2022−69.3%
Operating-lease assets (leased space)$744.2K3 Dec 31, 2023$2.7M3 Dec 31, 2022−72.7%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$546.3K3 Dec 31, 2023$1.3M3 Dec 31, 2022−56.8%
Long-term investments$707.4K3 Dec 31, 2023$426.9K3 Dec 31, 2022+65.7%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$377.7K3 Dec 31, 2023$80.3M3 Dec 31, 2022−99.5%
Intangible assets, net (excluding goodwill)$43.3M3 Dec 31, 2023$87.7M3 Dec 31, 2022−50.6%
Finite-lived intangibles, gross$129.1M3 Dec 31, 2023$129.7M3 Dec 31, 2022−0.4%
Accumulated amortization-$85.8M3 Dec 31, 2023-$42.0M3 Dec 31, 2022−104.3%
Finite-lived intangibles, net$43.3M3 Dec 31, 2023$87.7M3 Dec 31, 2022−50.6%

Former names

  • Kingtone Wirelessinfo Solution Holding LtdApr 13, 2010 to Aug 1, 20184

Filings

60 filings to the SEC since October 2021: 3 annual reports, 2 large holders, 55 other. The latest 20:

  1. Mar 28, 20256-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
  2. Feb 14, 20256-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
  3. Feb 7, 2025424B3 PROSPECTUS EDGAR
  4. Feb 6, 2025EFFECT EDGAR
  5. Feb 4, 2025CORRESP EDGAR
  6. Jan 31, 2025F-1/A AMENDMENT NO. 1 TO FORM F-1 EDGAR
  7. Jan 29, 2025UPLOAD EDGAR
  8. Jan 22, 2025F-1 REGISTRATION STATEMENT EDGAR
  9. Jan 15, 20256-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
  10. Jan 10, 20256-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
  11. Nov 8, 2024SC 13G/A LKCO 13G/A EDGAR
  12. Oct 25, 20246-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
  13. Oct 22, 202420-F ANNUAL REPORT EDGAR
  14. Oct 7, 20246-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
  15. Sep 12, 20246-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
  16. May 8, 20246-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
  17. Apr 30, 20246-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
  18. Apr 16, 20246-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
  19. Feb 5, 2024SC 13G LKCO 13G EDGAR
  20. Jan 4, 2024SEC STAFF ACTION EDGAR

The 60 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

SEC filer profile

How Luokung Technology Corp. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARLuokung Technology Corp.1
  • CIK0001487839
  • Filer statusNon-accelerated filer not an emerging growth company; not a shell company5
  • Incorporated inBritish Virgin Islands5
  • Fiscal year endsDecember 311
  • Industry code (SIC)7371 Services-Computer Programming Services1
  • SEC reviewing officeOffice of Technology, Division of Corporation Finance1
  • Business addressRm 805, West Tower, Century Fortune Ctr, Guanghua Road, Chaoyang District, Beijing, F4 1000201
  • Phone(86) 29-882663681
  • Shares outstanding2,439,727 shares as of Dec 31, 20235
  • AuditorMSpc, New York PCAOB ID 717; no auditor attestation of internal control over financial reporting5
  • On EDGAR sinceApr 13, 20101
  • Filings228 in all: 6-K (116), CORRESP (20), 20-F (15), UPLOAD (12), 6-K/A (7), 424B5 (5), EFFECT (5), F-1/A (5)1
    All 31 form types

    NT 20-F (5), S-8 (4), SC 13G/A (4), F-3 (3), F-3/A (3), SC 13G (3), 25-NSE (2), 424B2 (2), 424B3 (2), F-1 (2), 144 (1), 144/A (1), 20-F/A (1), 424B4 (1), 8-A12B (1), CERTNAS (1), F-3ASR (1), F-6 (1), F-6/A (1), POSASR (1), SC 13D (1), SC 13D/A (1), SEC STAFF ACTION (1)

  • Latest filingsAnnual report (20-F) Oct 22, 2024

Securities registered for trading

ClassSymbolExchange
Ordinary shares, par value $0.0001 per shareLKCONasdaq

From the cover page of the 20-F filed Oct 22, 2024 (Section 12(b) of the Exchange Act).5

Sources

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