Expion360 Q1 revenue $2.0M (+111% YoY); net loss improves 48%

Expion360 Inc.

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

Revenue $2.0M, up 111% from Q1 2024 and 3% sequentially; 5th straight sequential growth quarter.
Gross margin improved to 25% (vs 23%); SG&A down 25% to $1.6M; net loss narrowed to $1.2M from $2.2M.
Cash $1.1M at March 31, 2025, up from $0.5M at Dec 31, 2024; closed $2.6M registered direct offering in January.
Began shipping e360 Home Energy Storage Solutions; RV market rebounding with 14% industry shipment growth in Q1.
Management added 6-12 months of inventory to mitigate tariffs; exploring US manufacturing with NeoVolta.

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