Expion360 Q4 rev $2.0M (+131% YoY); FY net loss $13.5M; guides $5M new OEM rev for 2025

Expion360 Inc.

2025-Q1 EPS reported -$0.37 revenue$2,049,331

Q4 2024 revenue $2.0M, up 131% YoY and 43% sequentially; gross margin 22.1%.
Full-year 2024 revenue $5.6M (down 6% YoY); net loss $13.5M ($21.03/diluted share) includes $5M non-cash warrant liability.
Cash $0.5M at Dec 31, 2024; closed $2.6M offering in Jan 2025.
New OEM wins (Scout Campers, Alaskan Campers, K-Z RVs) expected to add ~$5M revenue in FY 2025.
Signed non-binding LOI with NeoVolta for potential US battery manufacturing collaboration; HESS shipments began Jan 2025.

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