Expion360 FY2022 revenue up 59% to record $7.2M; net loss widens to $7.5M

Expion360 Inc.

Revenue $7.2M (+59% YoY); Q4 revenue $1.45M (+8% YoY).
Gross profit $2.3M (31.9% margin); net loss $7.5M ($1.23/share) vs $4.7M in 2021.
Cash $7.2M at Dec 31, 2022; inventory $4.5M.
Secured exclusive supplier deals with top SUV maker, Cube Series, Imperial Outdoors, Xtreme Outdoors.
Plans to launch home energy storage product in 2024.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Expion360 Inc. reported financial results for the year ended December 31, 2022.

Period: the year ended December 31, 2022
Result: reported results

Exact text from the filing

On March 30, 2023, Expion360 Inc. (the “Company”) issued a press release announcing its operating and financial results for the year ended December 31, 2022. A copy of the press release is furnished as Exhibit 99.1 to this report.

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8 earnings releases filed in the last 30 days. Browse all earnings releases →

Expion360 Inc. filing history →

Source: SEC EDGAR

accession 0001903596-23-000242

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