Industry Leader in Lithium Battery Power Solutions for RV, Marine & More slide image

Industry Leader in Lithium Battery Power Solutions for RV, Marine & More

e 960 EXPION360 NASDAQ:XPON Financial Performance Q2 2023 Revenue up 14% sequentially to $1.7M, due to increased sales to dealerships, wholesalers and OEMs. Gross profit increased 2% sequentially to $454,000 in Q2. Cash & cash equivalents: $3.6M at June 30, 2023. Inventory on hand combined with pre-paid/in-transit inventory totaled $5.1M at June 30, 2023, up $456K vs. at year end. Annual Revenue Growth $millions 73% CAGR 2019-22 $4.5 $7.2 Full Year 2022 Revenue up 59% to a record $7.2 million. $1.6 $1.4 Gross profit up 39% to $2.3M or 31.9% of revenue vs. $1.6M or 36.4% of revenue in 2021. Outlook for continued strong y/y growth in 2023 2019 2020 2021 2022 15
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