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General information

Country: UNITED STATES

Sector: Electrical Equipment and Parts

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.
Website: expion360.com




Profitability: LTM EBITDA margin is negative, -116.7%. Gross margin is normal, +32.1%. In the last quarter the company did not beat the estimated EPS.

Cash Flow Generation: Dividend yield for the last twelve months 0.0%. Free cash flow yield 81.7% (LTM)

Entry Point: Share price is 135.1% higher than minimum and 71.2% lower than maximum for the last 3 years

Key Financials (Download financials)

Ticker: XPON
Share price, USD:  (-2.1%)2.28
year average price 4.42  


year start price 4.80 2023-04-29

max close price 6.20 2023-12-06

min close price 1.85 2024-04-16

current price 2.28 2024-04-27
Common stocks: 6 445 000

Dividend Yield:  0.0%
Last revenue growth (y/y):  ---
Last growth of EBITDA (y/y):  ---
Historical revenue growth:  0.0%
Historical growth of EBITDA:  0.0%
EV / Sales: 1.4x
Margin (EBITDA LTM / Revenue): -116.7%
Fundamental value created in LTM:
Market Cap ($m): 15
Net Debt ($m): -6
EV (Enterprise Value): 9
Price to Book: 2.7x

Revenue and EBITDA

Quarterly values ($m)

Change (y/y)

Cash Flow

FCF ($m)

Net Debt / Cash and Equivalents ($m)

Share price and dividends (Download history)

Share price

Payment USD per share

Multiple and potential

EV / Sales

Potential dynamics

News


2024-03-28Seeking Alpha

Expion360 Inc. (XPON) Q4 2023 Earnings Call Transcript

2023-06-22Accesswire

Expion360 Provides Perspectives on Energy Trilemma on Noble Capital Markets Fireside Chat Webcast, Friday, June 23, at 10:00 a.m. ET
More information for subscribed users:
detailed calculation of
Fundamental value created in LTM

Financial reporting

Income Statement

Property 2023 q4 2023 q3 2023 q2 2023 q1 2022 q4 2022 q3 2022 q2
date 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30
symbol XPON XPON XPON XPON XPON XPON XPON
reportedCurrency USD USD USD USD USD USD USD
cik 2M 2M 2M 2M 2M 2M 2M
fillingDate 2024-03-28 2023-11-09 2023-08-10 2023-05-11 2023-03-30 2022-11-10 2022-08-11
acceptedDate 2024-03-28 16:02:38 2023-11-09 16:06:03 2023-08-10 16:06:24 2023-05-11 16:10:25 2023-03-30 16:08:02 2022-11-10 08:32:19 2022-08-11 08:31:29
calendarYear 2023.000 2023.000 2023.000 2023.000 2022.000 2022.000 2022.000
period Q4 Q3 Q2 Q1 Q4 Q3 Q2
revenue 858 719 2M 2M 2M 1M 1M 2M
costOfRevenue 700 950 1M 1M 1M 1M 980 141 1M
grossProfit 157 769 472 563 454 399 443 447 317 395 402 870 706 326
grossProfitRatio 0.184 0.250 0.263 0.294 0.223 0.291 0.321
researchAndDevelopmentExpenses 81 293 145 111 94 078 77 180 124 652 41 355 107 058
generalAndAdministrativeExpenses 2M 2M 2M 2M 1M 1M 3M
sellingAndMarketingExpenses 238 225 238 163 297 673 155 159 149 947 215 994 151 701
sellingGeneralAndAdministrativeExpenses 2M 2M 2M 2M 2M 2M 3M
otherExpenses 0 0 500.000 -77 180 44 348 44 112 35 459
operatingExpenses 2M 2M 2M 2M 2M 2M 4M
costAndExpenses 3M 4M 3M 3M 3M 3M 5M
interestIncome 24 909 33 048 47 764 20 133 81.000 64.000 94.000
interestExpense 32 444 27 491 26 399 38 178 34 068 34 016 1M
depreciationAndAmortization 52 009 51 722 53 872 20 027 49 179 48 899 38 280
ebitda -2M -2M -1M -2M -1M -1M -3M
ebitdaratio -2.474 -0.917 -0.840 -1.100 -0.981 -0.875 -1.306
operatingIncome -2M -2M -1M -2M -1M -1M -3M
operatingIncomeRatio -2.535 -0.962 -0.868 -1.113 -1.016 -0.910 -1.323
totalOtherIncomeExpensesNet -7532.000 4M -2926.000 -299 831 -33 986 -20 169 -1M
incomeBeforeTax -2M -2M -1M -2M -1M -1M -4M
incomeBeforeTaxRatio -2.543 -0.959 -0.857 -1.312 -1.040 -0.925 -1.857
incomeTaxExpense 1951.000 1380.000 -38.000 233 560 -9150.000 20 169 150.000
netIncome -2M -2M -1M -2M -1M -1M -4M
netIncomeRatio -2.546 -0.960 -0.857 -1.467 -1.033 -0.940 -1.857
eps -0.320 -0.260 -0.210 -0.320 -0.230 -0.190 -0.620
epsdiluted -0.320 -0.260 -0.210 -0.320 -0.230 -0.190 -0.620
weightedAverageShsOut 7M 7M 7M 7M 6M 7M 7M
weightedAverageShsOutDil 7M 7M 7M 7M 6M 7M 7M
link Link Link Link Link Link Link Link
finalLink Link Link Link Link Link Link Link

Balance Sheet Statement

Property 2023 q4 2023 q3 2023 q2 2023 q1 2022 q4 2022 q3 2022 q2
date 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30
symbol XPON XPON XPON XPON XPON XPON XPON
reportedCurrency USD USD USD USD USD USD USD
cik 2M 2M 2M 2M 2M 2M 2M
fillingDate 2024-03-28 2023-11-09 2023-08-10 2023-05-11 2023-03-30 2022-11-10 2022-08-11
acceptedDate 2024-03-28 16:02:38 2023-11-09 16:06:03 2023-08-10 16:06:24 2023-05-11 16:10:25 2023-03-30 16:08:02 2022-11-10 08:32:19 2022-08-11 08:31:29
calendarYear 2023.000 2023.000 2023.000 2023.000 2022.000 2022.000 2022.000
period Q4 Q3 Q2 Q1 Q4 Q3 Q2
cashAndCashEquivalents 4M 3M 4M 6M 7M 8M 10M
shortTermInvestments 0 0 0 0 0 0 0
cashAndShortTermInvestments 4M 3M 4M 6M 7M 8M 10M
netReceivables 154 935 473 284 409 196 628 762 298 035 280 465 800 277
inventory 4M 4M 5M 4M 5M 5M 3M
otherCurrentAssets 189 418 217 550 183 970 238 783 171 791 474 556 2M
totalCurrentAssets 8M 8M 9M 12M 12M 14M 15M
propertyPlantEquipmentNet 4M 4M 4M 4M 4M 4M 4M
goodwill 0 0 0 0 0 0 0
intangibleAssets 0 0 0 0 0 0 0
goodwillAndIntangibleAssets 0 0 0 0 0 0 0
longTermInvestments 0 0 0 0 0 0 0
taxAssets 0 0 0 0 0 0 0
otherNonCurrentAssets 58 896 58 896 66 696 58 896 63 901 74 877 224 595
totalNonCurrentAssets 4M 4M 4M 4M 4M 4M 4M
otherAssets 0 0 0 0 0 0 0
totalAssets 12M 12M 13M 16M 17M 18M 20M
accountPayables 286 985 437 236 219 491 1M 230 250 146 673 206 912
shortTermDebt 3M 1M 665 360 1M 1M 535 756 543 503
taxPayables 5262.000 4999.000 3606.000 400.000 400.000 9300.000 8360.000
deferredRevenue 4445.000 50 693 156 938 208 611 14 226 175 959 263 277
otherCurrentLiabilities 305 493 295 348 305 575 325 802 291 996 233 857 239 061
totalCurrentLiabilities 4M 2M 1M 3M 2M 1M 1M
longTermDebt 298 442 3M 4M 3M 4M 4M 4M
deferredRevenueNonCurrent 0 0 0 0 0 0 0
deferredTaxLiabilitiesNonCurrent 0 0 0 0 0 0 0
otherNonCurrentLiabilities 2M 0 0 0 0 3M 0
totalNonCurrentLiabilities 3M 3M 4M 3M 4M 4M 4M
otherLiabilities 1.000 0 0 0 0 0 0
capitalLeaseObligations 2M 3M 3M 3M 3M 3M 3M
totalLiabilities 7M 5M 5M 6M 5M 5M 6M
preferredStock 0 0 0 0 0 0 0
commonStock 6923.000 6911.000 6911.000 6901.000 6802.000 6802.000 6802.000
retainedEarnings -21M -19M -17M -16M -14M -12M -11M
accumulatedOtherComprehensiveIncomeLoss 0 0 0 0 0 0 0
othertotalStockholdersEquity 26M 26M 26M 26M 25M 25M 25M
totalStockholdersEquity 5M 7M 8M 10M 12M 13M 14M
totalEquity 5M 7M 8M 10M 12M 13M 14M
totalLiabilitiesAndStockholdersEquity 12M 12M 13M 16M 17M 18M 20M
minorityInterest 0 0 0 0 0 0 0
totalLiabilitiesAndTotalEquity 12M 12M 13M 16M 17M 18M 20M
totalInvestments 0 0 0 0 0 0 0
totalDebt 6M 4M 4M 4M 5M 5M 5M
netDebt 2M 1M 602 075 -1M -3M -3M -6M
link Link Link Link Link Link Link Link
finalLink Link Link Link Link Link Link Link

Cash Flow Statement

Property 2023 q4 2023 q3 2023 q2 2023 q1 2022 q4 2022 q3 2022 q2
date 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30
symbol XPON XPON XPON XPON XPON XPON XPON
reportedCurrency USD USD USD USD USD USD USD
cik 2M 2M 2M 2M 2M 2M 2M
fillingDate 2024-03-28 2023-11-09 2023-08-10 2023-05-11 2023-03-30 2022-11-10 2022-08-11
acceptedDate 2024-03-28 16:02:38 2023-11-09 16:06:03 2023-08-10 16:06:24 2023-05-11 16:10:25 2023-03-30 16:08:02 2022-11-10 08:32:19 2022-08-11 08:31:29
calendarYear 2023.000 2023.000 2023.000 2023.000 2022.000 2022.000 2022.000
period Q4 Q3 Q2 Q1 Q4 Q3 Q2
netIncome -2M -2M -1M -2M -1M -1M -4M
depreciationAndAmortization 52 009 51 722 53 872 48 120 49 097 48 364 38 280
deferredIncomeTax 26 639 670 442 0 0 0 0 0
stockBasedCompensation 370 534 189 831 0 251 680 2M 0 2M
changeInWorkingCapital 439 935 886 472 -677 335 273 580 652 098 -727 440 -2M
accountsReceivables 318 349 -64 086 219 564 -311 923 -16 769 519 812 -240 243
inventory 333 093 808 843 -1M 603 570 505 921 -2M -454 660
accountsPayables -150 251 217 745 -906 604 895 845 83 577 -60 238 -305 651
otherWorkingCapital -61 256 -76 030 1M -913 912 79 369 1M -164 044
otherNonCashItems -26 639 -670 442 3426.000 -18 804 -2M -13 312 1M
netCashProvidedByOperatingActivities -1M -686 190 -2M -1M -768 952 -2M -3M
investmentsInPropertyPlantAndEquipment 0 14 080 -24 970 -9280.000 -132 912 -295 784 -105 736
acquisitionsNet 0 -1216.000 37 964 0 0 0 0
purchasesOfInvestments 0 0 0 0 0 0 0
salesMaturitiesOfInvestments 0 0 0 0 0 0 0
otherInvestingActivites 0 -1216.000 0 0 -1.000 51 679 0
netCashUsedForInvestingActivites 0 12 864 12 994 -9280.000 -132 913 -244 105 -105 736
debtRepayment -2M -12 021 -44 111 -92 854 -13 920 -57 650 -2M
commonStockIssued 0 0 -10.000 0 15M 0 15M
commonStockRepurchased 0 0 -10.000 0 0 0 0
dividendsPaid 0 0 -20.000 0 0 0 0
otherFinancingActivites 2M 0 30.000 49 787 -15M 0 423 634
netCashUsedProvidedByFinancingActivities 2M -12 021 -44 121 -43 067 -13 920 -57 650 13M
effectOfForexChangesOnCash 0 0 0 0 0 0 0
netChangeInCash 1M -685 347 -2M -1M -915 785 -2M 10M
cashAtEndOfPeriod 4M 3M 4M 6M 7M 8M 10M
cashAtBeginningOfPeriod 3M 4M 6M 7M 8M 10M 799 349
operatingCashFlow -1M -686 190 -2M -1M -768 952 -2M -3M
capitalExpenditure 0 14 080 -24 970 -9280.000 -132 912 -295 784 -105 736
freeCashFlow -1M -672 110 -2M -1M -901 864 -2M -3M
link Link Link Link Link Link Link Link
finalLink Link Link Link Link Link Link Link

Earning call transcript

2023 q4
2024-03-28 ET (fiscal 2023 q4)

Press-releases

Show financial reports only

2024-03-28 20:01 ET
Expion360 Reports Fourth Quarter and Full Year 2023 Financial Results
2024-03-13 12:31 ET
Expion360 Achieves UL 1973 Compliance for EX1 SmartTalk™ Bluetooth® Batteries
2024-03-12 12:31 ET
Expion360 to Host Fourth Quarter and Full Year 2023 Financial Results Conference Call on Thursday, March 28, 2024 at 4:30 p.m. Eastern Time
2024-02-20 13:31 ET
Expion360 to Attend the 36th Annual ROTH Conference on March 17-19, 2024
2024-02-06 13:31 ET
Expion360 Issues Stockholder Letter and Provides Corporate Update
2024-01-17 21:05 ET
Expion360 Announces Next Generation GC2 and Group 27 Series LiFePO4 Batteries for Recreational Vehicles
2023-12-28 21:05 ET
Expion360 Announces Leadership Transition with Planned Retirement of Co-Founder John Yozamp
2023-12-28 21:05 ET
Expion360 Announces Financing Commitments of up to $22.5 Million
2023-11-09 21:05 ET
Expion360 Reports Third Quarter 2023 Results
2023-10-12 12:31 ET
Expion360 Introduces Pilot Program to Offer Transformative Solar and Energy Storage Solutions in Partnership with REPM Corp.
2023-09-15 12:31 ET
Expion360 Lithium-Ion Battery Systems for RV, Overland & Marine to be Featured on Motorhead Garage
2023-09-14 12:31 ET
Expion360 Introduces Breakthrough Lithium-ion Power Storage Technology, Increasing Energy Density by over 32% for New e360 SmartTalk(TM) Battery
2023-09-12 12:31 ET
Expion360 and OEM Partners to Exhibit e360 Lithium-Ion Battery Systems at Elkhart RV Dealer Open House, September 25-27, 2023
2023-08-31 12:31 ET
Expion360 to Present at the 25th Annual H.C. Wainwright, September 11-13, 2023
2023-08-24 21:15 ET
Expion360 Appoints Tech Industry Veteran and Innovator, Tien Q. Nguyen, to Board of Directors
2023-08-10 20:05 ET
Expion360 Reports Second Quarter 2023 Results
2023-07-24 20:03 ET
Expion360 and Meyer Distributing Expand National Sales and Distribution Partnership
2023-06-26 07:45 ET
Li-ion Power Storage Innovator, Expion360, Joins Russell Microcap(R) Index
2023-06-23 12:31 ET
Expion360 to Showcase its Lithium Battery Power Solutions for RVs and LEVs at the Overland Expo Pacific Northwest 2023, July 7-9
2023-06-22 12:31 ET
Expion360 Provides Perspectives on Energy Trilemma on Noble Capital Markets Fireside Chat Webcast, Friday, June 23, at 10:00 a.m. ET
2023-06-08 12:31 ET
Expion360 Unveils e360 SmartTalk, Innovative Mobile App for Monitoring and Managing e360 Lithium-Ion Batteries
2023-05-24 12:31 ET
Expion360 Selected by Chinook RV as a Strategic Supplier of Lithium-Ion Batteries for Its Off-Grid Power Systems
2023-05-11 20:05 ET
Expion360 Reports Results for the First Quarter of 2023
2023-05-09 12:31 ET
Expion360 CEO Invited Back to Big Biz Show to Discuss New Home Energy Solution for the Energy Trilemma
2023-04-13 12:31 ET
New CEO of Leading Li-Ion Battery Maker, Expion360, Featured on The Big Biz Show
2023-03-30 20:05 ET
Expion360 Reports 2022 Revenue up 59% to Record $7.2 Million
2023-03-09 21:05 ET
Expion360 Chosen as Exclusive Lithium-Ion Battery Supplier for Xtreme Outdoors Teardrop Campers
2023-02-21 21:05 ET
Expion360 to Present at the 35th Annual ROTH Conference, March 12-14, 2023
2023-02-09 21:05 ET
Expion360 Selected by Cube Series as Exclusive Supplier of Lithium-Ion Batteries for Ultralightweight Foldable Camper
2023-01-30 21:05 ET
Expion360 Announces Dynamic Organizational Changes to Drive Accelerated Growth
2023-01-11 21:01 ET
Expion360 Introduces AURA POWERCAP(TM), Revolutionary Portable Powerpack Accessory for e360 Lithium-Ion Batteries
2023-01-03 13:31 ET
Expion360 Selected by Imperial Outdoors as Exclusive Supplier of Lithium-Ion Batteries for New Extreme Overland RV Campers
2022-12-22 21:01 ET
Expion360 Selected as Exclusive Supplier of Lithium-Ion Batteries for Major Brand Overland Trailer Available Through SUV Dealerships Nationwide
2022-12-01 13:31 ET
Expion360 Introduces e360 Lithium-Ion Battery Value-Added Reseller Program
2022-11-10 13:31 ET
Expion360 Reports Third Quarter 2022 Results
2022-10-05 13:15 ET
Expion360 CEO Invited as Featured Guest on The Big Biz Show, October 6 at 11:30 a.m. PDT
2022-08-11 12:31 ET
Expion360 Reports Record Revenue for the Second Quarter of 2022
2022-07-25 13:00 ET
Expion360 Signs Memorandum of Understanding with Ioneer Ltd. For Lithium Supply
2022-07-05 12:31 ET
Expion360 Introduces New Lithium Power Bundle Available Today at Camping World, the Nation's Largest RV Dealer Group
2022-06-09 12:31 ET
Expion360 Signs Non-Binding LOI to Purchase Lithium Battery Manufacturing Equipment in Connection with its Plans to Build Large-Scale Lithium Cell Manufacturing Facility in Redmond, Oregon
2022-05-19 12:31 ET
Expion360 Appoints Greg Aydelott as Chief Accounting Officer
2022-05-13 12:31 ET
Expion360 Reports Results for the First Quarter of 2022
2022-05-05 12:31 ET
Expion360 Expands Reseller Network with Addition of Major U.S. Battery Marketer and Distributor
2022-05-03 12:31 ET
Expion360 Secures $300,000 Line of Credit from GM Financial to Support Expansion of National Sales and Distribution Channels
2022-04-28 15:28 ET
Expion360 Begins Shipments of More Than 500 e360 Lithium Batteries to Major RV Parts and Accessory Distributor, AIM Wholesale
2022-04-28 12:31 ET
Expion360 Begins Shipments of More Than 500 e360 Lithium Batteries to Major RV Parts and Accessory Distributor, AIM Wholesale
2022-04-20 12:31 ET
Expion360 Achieves UL 1973 Safety Compliance for Lithium Batteries
2022-04-08 14:30 ET
Expion360, Inc. Announces Full Exercise of Over-Allotment Option for Initial Public Offering
2022-04-05 20:25 ET
Expion360, Inc. Announces Closing of Initial Public Offering
2022-04-01 13:00 ET
Expion360, Inc. Announces Pricing of Initial Public Offering

SEC forms

Show financial reports only

SEC form 10
2024-03-28 16:02 ET
Expion360 Inc. reported for 2023 q4
SEC form 8
2024-03-28 16:01 ET
Expion360 Inc. published news for 2023 q4
SEC form 8
2024-03-28 16:01 ET
Expion360 Inc. published news for 2023 q4
SEC form 8
2024-03-28 16:01 ET
Expion360 Inc. reported for 2023 q4
SEC form 10
2024-03-28 00:00 ET
Expion360 Inc. reported for 2023 q4
SEC form 10
2023-11-09 16:06 ET
Expion360 Inc. reported for 2023 q3
SEC form 8
2023-11-09 16:05 ET
Expion360 Inc. reported for 2023 q3
SEC form 10
2023-11-09 00:00 ET
Expion360 Inc. reported for 2023 q3
SEC form 10
2023-08-10 16:06 ET
Expion360 Inc. reported for 2023 q2
SEC form 6
2023-08-10 16:05 ET
Expion360 Inc. reported for 2023 q2
SEC form 8
2023-08-10 00:00 ET
Expion360 Inc. reported for 2023 q2
SEC form 10
2023-08-10 00:00 ET
Expion360 Inc. reported for 2023 q2
SEC form 10
2023-05-11 16:10 ET
Expion360 Inc. reported for 2023 q1
SEC form 6
2023-05-11 16:06 ET
Expion360 Inc. reported for 2023 q1
SEC form 8
2023-05-11 00:00 ET
Expion360 Inc. reported for 2023 q1
SEC form 10
2023-05-11 00:00 ET
Expion360 Inc. reported for 2023 q1
SEC form 10
2023-03-30 16:08 ET
Expion360 Inc. reported for 2022 q4
SEC form 6
2023-03-30 16:06 ET
Expion360 Inc. reported for 2022 q4
SEC form 10
2023-03-30 00:00 ET
Expion360 Inc. reported for 2022 q4
SEC form 8
2023-03-30 00:00 ET
Expion360 Inc. reported for 2022 q4
SEC form 6
2023-02-01 16:30 ET
Expion360 Inc. published news for 2022 q4
SEC form 6
2023-01-30 16:05 ET
Expion360 Inc. published news for 2022 q4
SEC form 6
2023-01-11 16:02 ET
Expion360 Inc. published news for 2022 q4
SEC form 6
2022-12-27 18:36 ET
Expion360 Inc. published news for 2022 q3
SEC form 6
2022-12-22 16:25 ET
Expion360 Inc. published news for 2022 q3
SEC form 6
2022-11-28 15:55 ET
Expion360 Inc. published news for 2022 q3
SEC form 10
2022-11-10 08:32 ET
Expion360 Inc. reported for 2022 q3
SEC form 6
2022-11-10 08:31 ET
Expion360 Inc. reported for 2022 q3
SEC form 10
2022-11-10 00:00 ET
Expion360 Inc. reported for 2022 q3
SEC form 8
2022-11-10 00:00 ET
Expion360 Inc. reported for 2022 q3
SEC form 6
2022-08-11 08:32 ET
Expion360 Inc. published news for 2022 q2
SEC form 10
2022-08-11 08:31 ET
Expion360 Inc. reported for 2022 q2
SEC form 10
2022-08-11 00:00 ET
Expion360 Inc. reported for 2022 q2
SEC form 8
2022-08-11 00:00 ET
Expion360 Inc. published news for 2022 q2
SEC form 6
2022-06-09 07:46 ET
Expion360 Inc. published news for 2022 q1
SEC form 6
2022-05-13 16:15 ET
Expion360 Inc. published news for 2022 q1
SEC form 10
2022-05-12 16:52 ET
Expion360 Inc. reported for 2022 q1
SEC form 10
2022-05-12 00:00 ET
Expion360 Inc. reported for 2022 q1
SEC form 6
2022-04-05 21:58 ET
Expion360 Inc. published news for 2022 q1