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Expion360, Inc. (XPON)
NASDAQ:XPON
Earnings Data
Report Date
May 09, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
-0.96Last Year’s EPS
-32Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 31, 2025
|% Change Since: -20.21%
|Next Earnings Date:May 09, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted significant revenue growth and strategic partnerships, signaling positive future prospects. However, these are tempered by challenges such as decreased annual revenue, lower gross profit margins, and increased net loss, resulting in a balanced sentiment.Company Guidance
During the Expion360 Fourth Quarter and Full Year 2024 Financial Results Conference Call, CEO and interim CFO Brian Schaffner outlined the company's growth strategies and financial performance. The company reported a 131% increase in fourth-quarter revenue to $2 million, driven by increased OEM sales, and a gross profit of $438,552, which accounted for 22.1% of revenue. Despite a full-year revenue decrease of 6% to $5.6 million, primarily due to a decline in the consumer market, Expion360 achieved an 88% improvement in net loss for the fourth quarter, totaling $251,647. The fiscal year 2024 saw a net loss of $13.5 million, influenced by a $5 million one-time expense related to a warrant feature. Expion360 anticipates generating approximately $5 million in incremental revenue for fiscal year 2025 from new OEM partnerships and distributors, with expected gross profit growth of $1.4 million. The company is also focusing on its Home Energy Storage Solutions (HESS) vertical, leveraging incentives from California's Self Generation Incentive Program and federal tax credits. Additionally, Expion360 is exploring a potential collaboration with NeoVolta for US-based manufacturing, aiming to address tariff challenges and enhance its product offerings, including new Edge batteries featuring vertical heat conduction technology.Significant Revenue Growth in Q4 2024
Revenue in the fourth quarter of 2024 increased by 131% to $2 million from $0.9 million in the prior year period, driven by increased OEM sales.
Reduction in Net Loss
Net loss in the fourth quarter of 2024 totaled $251,647, an 88% improvement from a net loss of $2.2 million in the same year-ago period.
Strategic Partnerships and Collaborations
Exploring a partnership with NeoVolta to establish a US-based state-of-the-art battery manufacturing facility and partnership with Scout Campers to equip campers with Expion360 batteries.
Progress in Home Energy Storage Solutions (HESS) Vertical
Shipments for HESS began in January 2025, aiming to benefit from incentives and tax credits from California and the federal government.
OEM Market Penetration and New Partnerships
New partnerships with RV OEMs like Scout Campers, K-Z Recreational Vehicles, and anticipated incremental revenue of approximately $5 million for fiscal year 2025.
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XPON Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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XPON Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 31, 2025 | $0.94 | $0.92 | -2.13% |
| Nov 14, 2024 | $3.45 | $2.60 | -24.64% |
| Aug 14, 2024 | $8.46 | $8.66 | +2.36% |
| May 14, 2024 | $200.00 | $200.00 | 0.00% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Expion360, Inc. (XPON) report earnings?
Expion360, Inc. (XPON) is schdueled to report earning on May 09, 2025, TBA Not Confirmed.
What is Expion360, Inc. (XPON) earnings time?
Expion360, Inc. (XPON) earnings time is at May 09, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is XPON EPS forecast?
XPON EPS forecast for the fiscal quarter 2025 (Q1) is -0.96.
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