Expion360 (US:XPON) Globenewswire·2026-01-28 21:01Core Insights - Expion360 Inc. expects preliminary unaudited revenue of approximately $9.6 million for 2025, reflecting significant growth from $5.6 million in 2024 [7] - The company aims to improve gross margins and strengthen its balance sheet while expanding into new markets and developing specialized energy storage solutions [3] Financial Highlights - Preliminary unaudited gross profit for 2025 is projected to be around $2.2 million, up from $1.2 million in 2024 [7] - The expected net loss for 2025 is approximately $6.2 million, a reduction from a net loss of $13.5 million in 2024 [7] - The cash balance as of December 31, 2025, is anticipated to be about $3.0 million, compared to $0.5 million at the end of 2024 [7] Company Overview - Expion360 is recognized as a leader in lithium iron phosphate (LiFePO4) batteries and accessories for various applications, including recreational vehicles and industrial uses [5] - The company's batteries are noted for being half the weight of standard lead-acid batteries while providing three times the power and ten times the charging cycles [6] - Expion360's products are available through over 300 dealers, wholesalers, and OEMs across the United States [8]