Business
Expion360 Reports Fourth Quarter and Full Year 2024 Financial Results
Q4 Sequential Revenue Growth of 43% Driven by New Products and Technologies, and 131% Year over Year New OEM and Distributor Relationships to Equip New Campers and RVs with Advanced Lithium-Ion Batteries Began Shipping e360 Home Energy Storage Solutions REDMOND, Ore., March 31, 2025 (GLOBE NEWSWIRE) -- Expion360 Inc. (Nasdaq: XPON) (“Expion360” or the “Company”), an industry leader in lithium-ion battery power storage solutions, today reported its financial and operational results for the fourth
About this update from Expion360 Inc.
[{"type":"image","alt":"Expion360","displaySize":"","headline":null,"caption":"Expion360","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":27,"url":"https://media.zenfs.com/en/globenewswire.com/4141b6e78f010d72332541b3c9bb88c9"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/WgrcHKNgu6_hAtBZuodoHA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTM4O2NmPXdlYnA-/https://media.zenfs.com/en/globenewswire.com/4141b6e78f010d72332541b3c9bb88c9","width":300,"height":27}},"lazy":false},{"type":"text","content":"Q4 Sequential Revenue Growth of 43% Driven by New Products and Technologies, and 131% Year over Year","length":100,"tagName":"p"},{"type":"text","content":"New OEM and Distributor Relationships to Equip New Campers and RVs with Advanced Lithium-Ion Batteries","length":102,"tagName":"p"},{"type":"text","content":"Began Shipping e360 Home Energy Storage Solutions","length":49,"tagName":"p"},{"type":"text","content":"REDMOND, Ore., March 31, 2025 (GLOBE NEWSWIRE) -- Expion360 Inc. (Nasdaq: XPON) (“Expion360” or the “Company”), an industry leader in lithium-ion battery power storage solutions, today reported its financial and operational results for the fourth quarter and full year ended December 31, 2024.","length":298,"tagName":"p"},{"type":"text","content":"Fourth Quarter 2024 & Subsequent Financial & Operational Highlights","length":75,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Q4 2024 revenue totaled $2.0 million, up 131% from Q4 2023, and 43% sequentially from Q3 2024.","length":94,"tagName":"p"}]},{"val":[{"type":"text","content":"Began fulfilling purchase orders for its Home Energy Storage Solutions (“HESS”).","length":80,"tagName":"p"}]},{"val":[{"type":"text","content":"Signed a non-binding letter of intent with NeoVolta Inc. (“NeoVolta”), a leading innovator in energy storage solutions, providing the framework for a potential collaboration that aims to engineer a state-of-the-art battery manufacturing facility and develop innovative lithium-ion battery cell and module product designs, marking a significant milestone in the production of American-made batteries.","length":399,"tagName":"p"}]},{"val":[{"type":"text","content":"Partnered with Scout Campers, a subsidiary of Adventurer Manufacturing, Inc., to equip its high-quality campers with Expion360’s advanced lithium-ion batteries...