See more : Aquila SA (ALAQU.PA) Income Statement Analysis – Financial Results
Complete financial analysis of Expion360 Inc. (XPON) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Expion360 Inc., a leading company in the Electrical Equipment & Parts industry within the Industrials sector.
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Expion360 Inc. (XPON)
About Expion360 Inc.
Expion360 Inc. designs, assembles, manufactures, and sells lithium iron phosphate batteries and supporting accessories under the VPR 4EVER name for recreational vehicles, marine, golf, industrial, residential, and off-the-grid applications. It also provides various models of industrial tiedowns; battery monitors; terminal blocks; and bus bars. The company also engages in the development of e360 Home Energy Storage systems. It serves dealers, wholesalers, and original equipment manufacturers in the United States and internationally. The company was formerly known as Yozamp Products Company, LLC and changed its name to Expion360 Inc. in November 2021. Expion360 Inc. was founded in 2016 and is headquartered in Redmond, Oregon.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|
| Revenue | 5.98M | 7.16M | 4.52M | 1.57M | 1.41M |
| Cost of Revenue | 4.41M | 4.87M | 2.87M | 1.27M | 917.16K |
| Gross Profit | 1.58M | 2.29M | 1.65M | 302.97K | 495.54K |
| Gross Profit Ratio | 26.34% | 31.95% | 36.43% | 19.28% | 35.08% |
| Research & Development | 397.66K | 278.38K | 58.04K | 126.22K | 17.32K |
| General & Administrative | 7.24M | 7.13M | 2.53M | 744.67K | 441.71K |
| Selling & Marketing | 929.22K | 677.68K | 316.43K | 185.97K | 138.57K |
| SG&A | 8.16M | 8.24M | 2.85M | 930.64K | 580.28K |
| Other Expenses | 182.83K | -278.38K | 372.00 | -80.00K | 0.00 |
| Operating Expenses | 8.75M | 8.24M | 2.91M | 976.86K | 597.60K |
| Cost & Expenses | 13.15M | 13.12M | 5.78M | 2.25M | 1.51M |
| Interest Income | 125.85K | 239.00 | 169.00 | 851.00 | 5.00 |
| Interest Expense | 124.51K | 1.61M | 554.04K | 196.89K | 99.07K |
| Depreciation & Amortization | 205.72K | 164.77K | 61.08K | 16.57K | 13.79K |
| EBITDA | -7.12M | -5.77M | -4.10M | -661.04K | -88.27K |
| EBITDA Ratio | -119.09% | -83.11% | -26.60% | -41.77% | -6.25% |
| Operating Income | -7.17M | -5.95M | -1.26M | -673.89K | -102.06K |
| Operating Income Ratio | -119.87% | -83.12% | -27.97% | -42.88% | -7.22% |
| Total Other Income/Expenses | -283.37K | -1.59M | -3.45M | -120.61K | -99.06K |
| Income Before Tax | -7.45M | -7.55M | -4.71M | -874.50K | -201.12K |
| Income Before Tax Ratio | -124.61% | -105.34% | -104.30% | -55.64% | -14.24% |
| Income Tax Expense | 3.29K | -8.85K | 9.30K | 1.98K | 150.00 |
| Net Income | -7.46M | -7.54M | -4.72M | -876.48K | -201.27K |
| Net Income Ratio | -124.66% | -105.22% | -104.50% | -55.77% | -14.25% |
| EPS | -1.08 | -1.23 | -0.73 | -0.14 | -0.03 |
| EPS Diluted | -1.08 | -1.23 | -0.73 | -0.14 | -0.03 |
| Weighted Avg Shares Out | 6.89M | 6.14M | 6.45M | 6.45M | 6.45M |
| Weighted Avg Shares Out (Dil) | 6.89M | 6.14M | 6.45M | 6.45M | 6.45M |
Expion360 Lithium-Ion Battery Systems for RV, Overland & Marine to be Featured on Motorhead Garage
Show to Air Nationwide on MotorTrend Network on September 17 at 8:30 a.m. ET/PT REDMOND, OR / ACCESSWIRE / September 15, 2023 / Expion360, Inc. (NASDAQ:XPON), an industry leader in lithium-ion phosphate (LiFePO4) battery power storage solutions, will be featured...
Expion360 Introduces Breakthrough Lithium-ion Power Storage Technology, Increasing Energy Density by over 32% for New e360 SmartTalk(TM) Battery
New LiFePO4 Battery Cell Technology Advances Planned Expansion into Home Energy and Other Verticals with a More Competitive Solution that Delivers Greater, Smarter Clean Power in the Same Form Factor REDMOND, OR / ACCESSWIRE / September 14, 2023 / Expion360,...
Expion360 and OEM Partners to Exhibit e360 Lithium-Ion Battery Systems at Elkhart RV Dealer Open House, September 25-27, 2023
REDMOND, OR / ACCESSWIRE / September 12, 2023 / Expion360, Inc. (NASDAQ:XPON), an industry leader in lithium-ion battery power storage solutions, will exhibit its state-of-the-art e360 lithium-ion (Li-ion) battery power solutions at the Elkhart RV Dealer Open House, the world's...
Expion360 Appoints Tech Industry Veteran and Innovator, Tien Q. Nguyen, to Board of Directors
REDMOND, OR / ACCESSWIRE / August 24, 2023 / Expion360, Inc. (NASDAQ:XPON), an industry leader in lithium-ion battery power storage solutions, has appointed tech industry veteran, innovator and business leader, Tien Q. Nguyen, to its board of directors.
Expion360 Reports Second Quarter 2023 Results
REDMOND, OR / ACCESSWIRE / August 10, 2023 / Expion360, Inc. (NASDAQ:XPON), an industry leader in lithium-ion battery power storage solutions, reported results for the three months ended June 30, 2023. All comparisons are to the same year-ago period unless...
Expion360 and Meyer Distributing Expand National Sales and Distribution Partnership
Meyer to Support Sales and Upfitting Opportunities for Expion360's Premium Lithium-ion Batteries and Accessories Expion360 Full Lineup of Batteries and Select Accessories Now Available for Order via Meyer Dealer Portal REDMOND, OR / ACCESSWIRE / July 24, 2023 / Expion360...
Expion360 Provides Perspectives on Energy Trilemma on Noble Capital Markets Fireside Chat Webcast, Friday, June 23, at 10:00 a.m. ET
REDMOND, OR / ACCESSWIRE / June 22, 2023 / Expion360 Inc. (NASDAQ:XPON), an industry leader in lithium-ion battery power storage solutions, has been invited to share its perspectives on the ‘Energy Trilemma' of reliability, affordability and sustainability in a Fireside...
Expion360 to Present at the 35th Annual ROTH Conference, March 12-14, 2023
REDMOND, OR / ACCESSWIRE / February 21, 2023 / Expion360, Inc. (NASDAQ:XPON), an industry leader in lithium-ion battery power storage solutions, has been invited to present at the 35th Annual ROTH Conference being held at The Ritz Carlton, Laguna Niguel...
Why Is Expion360 (XPON) Stock Up 40% Today?
Expion360 (NASDAQ: XPON ) stock is advancing 40% in early trading after the company announced that it had been chosen to supply Cube Series with lithium-ion batteries and “power system components.” Cube Series designs and markets campers and trailers.
Penny Stock Trading: Key Factors to Consider
Can these factors help your penny stocks trading? The post Penny Stock Trading: Key Factors to Consider appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.
Source: https://incomestatements.info
Category: Stock Reports
How did Expion360’s gross profit margin change in Q3 2024?
Gross profit for the third quarter of 2024 totaled $0.2 million or 12.1% as a percentage of sales, as compared to $0.5 million or 25.0% as a percentage of sales in the prior year period.
What new partnerships did Expion360 announce in Q3 2024?
Key developments include new partnerships with Scout Campers, Alaskan Campers, and K-Z RV for lithium-ion battery integration, and closing a $10 million public offering.
How did Expion360’s Q3 2024 revenue compare to Q2 2024?
Q3 2024 revenue totaled $1.4 million , up 8.7% sequentially from Q2 2024.
What were Expion360’s Q3 2024 revenue and net loss?
Expion360 (XPON) reported Q3 2024 revenue of $1.4 million, up 8.7% sequentially from Q2, but down 26.5% year-over-year. The company recorded a net loss of $8.8 million compared to $1.8 million in the prior year.