Expion360 (XPON)

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Expion360 (XPON) - 2025 Q2 - Quarterly Results
2025-08-04 12:30
Date of Report (date of earliest event reported): Augsut 4, 2025 Expion360 Inc. (Exact name of registrant as specified in its charter) | Nevada | 001-41347 | 81-2701049 | | --- | --- | --- | | (State or other jurisdiction of | (Commission | (I.R.S. Employer | | incorporation or organization) | File Number) | Identification No.) | 2025 SW Deerhound Avenue Redmond, OR 97756 (Address of principal executive offices and zip code) (541) 797-6714 (Registrant's telephone number, including area code) Not Applicable ...
Expion360 to Host Second Quarter 2025 Financial Results Conference Call on Wednesday, August 13, 2025 at 4:30 p.m. Eastern Time
Globenewswire· 2025-07-29 12:31
Company Overview - Expion360 Inc. is an industry leader in lithium-ion battery power storage, specializing in premium lithium iron phosphate (LiFePO4) batteries and accessories for various applications including recreational vehicles, marine, light electric vehicles, and residential energy storage [3][4] - The company is headquartered in Redmond, Oregon, and its products are available through over 300 dealers, wholesalers, private-label customers, and OEMs across the United States [5] Product Features - Expion360's lithium-ion batteries are designed to be half the weight of standard lead-acid batteries while providing three times the power and ten times the number of charging cycles [4] - The batteries are constructed with superior design and quality materials, featuring specially reinforced, fiberglass-infused, premium ABS and solid mechanical connections for enhanced performance and safety [4] Upcoming Events - Expion360 will hold a conference call on August 13, 2025, at 4:30 p.m. Eastern Time to discuss its financial results for the second quarter ended June 30, 2025 [1][2] - The call will be hosted by CEO Brian Schaffner and will include a question-and-answer period, along with a presentation available during the webcast [2]
Expion360 (XPON) Conference Transcript
2025-05-21 18:45
Summary of XPON Three Sixty Inc. Conference Call Company Overview - **Company Name**: XPON Three Sixty Inc. - **Ticker Symbol**: XPON - **Industry**: Clean Energy Battery Storage - **Founded**: February 2016 - **Focus Areas**: Recreational vehicles (RVs), marine, light industrial vehicles, and home energy storage solutions [3][2] Core Values and Product Offering - **Core Values**: Safety, Quality, Service - **Product Warranty**: 12-year warranty with 100% replacement for the first six years [4][5] - **Battery Technology**: Utilizes lithium iron phosphate (LiPo) for safety and performance, with a focus on reducing thermal runaway risks [8][12] Market Insights - **RV Market Growth**: Expected to grow by 14% in the current year according to RVIA [7] - **Installed Systems**: Over 10 million RVs on the road, most using lead-acid batteries that last less than three years, indicating a significant replacement market [7][8] - **Home Energy Storage**: Launched in January, showing faster growth than initially predicted [11] Financial Performance - **Market Capitalization**: Currently below inventory levels with minimal debt [6] - **Revenue Growth**: 11% increase year-over-year; gross profit margin improved to 24.5% from 22.9% [29][31] - **Cost Management**: Reduced SG&A expenses by 24.7% through operational efficiencies [32] Strategic Initiatives - **Onshoring Production**: Efforts to bring battery cell manufacturing to the U.S. in partnership with Asian manufacturers [25][24] - **Demand for Energy Storage**: Projected growth of 20.7% annually for energy storage cells, with global market demand expected to exceed $200 billion by 2030 [25][26] - **Partnerships**: Collaborating with NeoVolta for joint ventures in home energy systems [54] Competitive Positioning - **Market Strategy**: Targeting smaller integration partners who benefit from additional margins on battery sales [40] - **OEM Relationships**: Long-standing relationships with OEMs, contributing to $5 million in new annualized revenue [44] - **Patent Protection**: Holds 11 pending patents, providing a competitive moat, although some technology remains unprotected [51][52] Future Outlook - **Manufacturing Plant**: Plans to build a battery manufacturing plant with a projected cost of $150 to $250 million, funded through a mix of private and government investments [26][55] - **Market Demand**: Anticipates significant demand for high-density battery cells, which could lead to a competitive pricing advantage [57] Additional Notes - **Customer Satisfaction**: High customer satisfaction and ease of installation reported for home energy products [38] - **Warranty Claims**: Warranty claims are low enough that no reserve is required, indicating product reliability [47][50] This summary encapsulates the key points discussed during the conference call, highlighting the company's strategic direction, market opportunities, and financial health.
Expion360 (XPON) - 2025 Q1 - Earnings Call Transcript
2025-05-15 21:32
Expion360 (XPON) Q1 2025 Earnings Call May 15, 2025 04:30 PM ET Company Participants Brian Schaffner - CEO, Interim CFO & DirectorNone - Executive Operator Greetings, and welcome to the Xpeon three sixty First Quarter twenty twenty five Financial Results Conference Call. At this time, all participants are in a listen only mode. A question and answer session will follow the formal presentation. As a reminder, this conference is being recorded and will be available in the Investor Relations section of the com ...
Expion360 (XPON) - 2025 Q1 - Earnings Call Transcript
2025-05-15 21:30
Expion360 (XPON) Q1 2025 Earnings Call May 15, 2025 04:30 PM ET Speaker0 Greetings, and welcome to the Xpeon three sixty First Quarter twenty twenty five Financial Results Conference Call. At this time, all participants are in a listen only mode. A question and answer session will follow the formal presentation. As a reminder, this conference is being recorded and will be available in the Investor Relations section of the company's website at investors.xpeon360.com. Before we begin the formal presentation, ...
Expion360 (XPON) - 2025 Q1 - Earnings Call Presentation
2025-05-15 20:33
Industry Leader in Lithium Battery Power Solutions First Quarter 2025 Financial Results Conference Call Corporate Presentation 1 NASDAQ: XPON May 15, 2025 Important Cautions & Disclaimers Certain statements contained in this presentation (this "Presentation") are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which statements are subject to considerable risks and uncertainties. Expion ...
Expion360 (XPON) - 2025 Q1 - Quarterly Report
2025-05-15 20:13
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______. Commission File Number 001-41347 EXPION360 INC. (Exact name of registrant as specified in its charter) Nevada (state or other jurisdiction o ...
Expion360 (XPON) - 2025 Q1 - Quarterly Results
2025-05-15 20:07
Expion360 Reports First Quarter 2025 Financial Results Q1 2025 Revenue Growth of 111% Driven by New Products and Technologies 5th Consecutive Quarter of Robust Revenue Growth Began Shipping e360 Home Energy Storage Solutions REDMOND, OR – May 15, 2025 -- Expion360 Inc. (Nasdaq: XPON) ("Expion360" or the "Company"), an industry leader in lithium-ion battery power storage, today reported its financial and operational results for the first quarter ended March 31, 2025. Exhibit 99.1 "In January, we began produc ...
Expion360 Reports First Quarter 2025 Financial Results
Globenewswire· 2025-05-15 20:05
Core Insights - Expion360 Inc. reported a significant revenue growth of 111% year-over-year for Q1 2025, reaching $2.0 million, marking the fifth consecutive quarter of robust revenue growth [4][8][9] - The company began shipping its e360 Home Energy Storage Solutions (HESS) in January 2025, which is expected to enhance its market position in the residential energy sector [5][9] - The RV market is rebounding, with a reported 14% increase in total RV shipments in Q1 2025, contributing to the company's revenue growth [4][8] Financial Highlights - Revenue for Q1 2025 totaled $2.0 million, up from $1.0 million in Q1 2024, and increased by 3% sequentially from Q4 2024 [8][9] - Gross profit for the quarter was $0.5 million, representing 25% of revenue, compared to 23% in the prior year [10] - Selling, general, and administrative expenses decreased by 25% to $1.6 million from $2.2 million in the prior year, primarily due to reductions in salaries, benefits, and legal fees [11] Operational Developments - The company has taken proactive measures to prepare for growth by increasing inventory levels by 6-12 months early in the quarter to mitigate potential tariff impacts [6] - Expion360 is working on diversifying its supply chain and aims to onshore the manufacturing of most components to the U.S. [6] - The company closed a $2.6 million registered direct offering and private placement, strengthening its balance sheet for future growth initiatives [7][13] Market Outlook - The company anticipates continued growth in the RV market throughout 2025, supported by strong demand for its products [4] - Expion360 is focused on expanding its sales across its product portfolio and developing new technologies and batteries [7] - The company expects to announce additional milestones in the coming months, with substantial purchase orders already in hand [7]
Expion360 to Host First Quarter 2025 Financial Results Conference Call on Thursday, May 15, 2025 at 4:30 p.m. Eastern Time
Globenewswire· 2025-05-01 12:31
Core Points - Expion360 Inc. will hold a conference call on May 15, 2025, to discuss its Q1 financial results and 2025 milestones [1][2] - The call will be hosted by CEO Brian Schaffner and will include a presentation and Q&A session [2] - Expion360 specializes in lithium iron phosphate (LiFePO4) batteries for various applications including recreational vehicles and residential energy storage [3] Company Overview - Expion360 is recognized as a leader in premium lithium-ion battery technology, offering products that are lighter and more powerful than traditional lead-acid batteries [4] - The company's batteries provide three times the power and ten times the charging cycles compared to standard options, emphasizing superior design and reliability [4] - Expion360's products are available through over 300 dealers and OEMs across the United States [5]