Expion360 Inc. · NASDAQ:XPON
Expion360 — Q1 2024 Earnings Presentation
15 slides from Expion360's earnings presentation, May 14, 2024
Slide 1: Industry Leader in Lithium Battery Power Solutions
Industry Leader in Lithium Battery Power Solutions First Quarter 2024 Financial Results Conference Call NASDAQ: XPON Corporate Presentation May 14, 20241
Slide 2: Important Cautions & Disclaimers
Important Cautions & Disclaimers NASDAQ:XPON 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 s
Slide 3: Agenda
Agenda NASDAQ:XPON Brian Schaffner CEO • 30+ years of executive experience in a variety of capacities including CEO, CFO, CIO and • Introduction and Corporate Overview controller. • Q1 2024 & Subsequent Highlights • Former CEO of Capital Physical & Hand Therapy, a multi-site healthcare organization.
Slide 4: Corporate Overview
Corporate Overview NASDAQ:XPON Expion360 is an industry leader of premium lithium iron phosphate (LiFePO4) batteries and accessories for recreational vehicles, marine applications, and Light Electric Vehicle (LEV), now entering the home energy storage and industrial markets. • Experts in design and
Slide 5: First Quarter 2024 and Subsequent Highlights
First Quarter 2024 and Subsequent Highlights NASDAQ:XPON • January 2024: Launched next generation GC2 and Group 27 series lithium iron phosphate batteries designed for use in a variety of applications that now offer higher amp-hour options and the latest advancements in power technology features, in
Slide 6: Battery Portfolio Evolution
Battery Portfolio Evolution NASDAQ:XPON Strategic Positioning in Established & Future Premium Markets LiFePO4 Batteries Power: Recreational Boating & Light Electric Home Energy Industrial Vehicle & Overland Marine Vehicle Storage Applications Systems and appliances Trolling motors and operating Golf
Slide 7: e360 Home Energy
Future Market Expansion e360 Home Energy NASDAQ:XPON • Expion360 plans to begin taking orders for the new energy solutions in the second quarter of 2024 • Shipments expected to commence in the second half of 2024 • High margin solution provides scalability & versatility • Recurring revenue opportuni
Slide 8: Technology Advantages
Technology Advantages NASDAQ:XPON • Overall: compact, high-capacity and significant reliability • Lithium-Iron Phosphate Chemistry: recognized as among e360 12 volt 450 Ah battery features the safest battery chemistries new proprietary anode/cathode design that increases energy density • 2-3 Times F
Slide 9: Superior Aesthetics, Design, Materials & Construction
Why Customers Choose E360 Superior Aesthetics, Design, Materials & Construction NASDAQ:XPON QUALITY CONNECTIONS Oversized brass terminal pads. Plainly and permanently marked polarity. HIGH-PERFORMANCE • Rugged Design: IP66-rated enclosures for BATTERY MANAGEMENT SYSTEM Under or overvoltage shutdown.
Slide 10: Vertical Heat Conduction internal heating technology
Why Customers Choose E360 Vertical Heat Conduction (“VHC ”) internal heating technology NASDAQ:XPON • Patent-pending innovation representing a significant breakthrough in battery performance, particularly in cold climates. • Now included in the next generation Group 27 and GC2 12V series batteries.
Slide 11: Product Line for Use Across Markets
Product Line for Use Across Markets NASDAQ:XPON 12V Group 24 12V Group 27 12V Group 27 12V GC2 48V GC2 LiFePO4 SmartTalk & VHC SmartTalk & VHC SmartTalk 60Ah, 80Ah, 95Ah 100Ah, 120Ah 100Ah, 132Ah 144Ah, 162Ah 36Ah 12V EX1 12V EX1 SmartTalk 12V EX2 Edge SmartTalk 48V EX2 Edge SmartTalk AURA Powercap
Slide 12: Go-to-Market Channels
Go-to-Market Channels NASDAQ:XPON Dealer Direct Distributors OEM Private Label • Our distributors provide us access • Offers customers a scalable • Our standardized products sold • Sell directly to dealers who offer to thousands of retail store integrated power system under client’s existing brand E
Slide 13: First Quarter 2024 Financial Highlights
First Quarter 2024 Financial Highlights NASDAQ:XPON Three Months Ended March 31 $ in millions 2024 2023 Revenue $ 1.0 $ 1.5 Gross profit $ 0.2 $ 0.4 Gross margin (%) 22.9% 29.4% Selling, general & administrative expenses $ 2.2 $ 2.1 Net loss $ 2.2 $ 2.0 $ in millions March 31, 2024 December 31, 2023
Slide 14: Closing Summary
Closing Summary NASDAQ:XPON • We remain confident about our growth trajectory for 2024 • 2024 RV industry shipments up 9.3%1 through the first quarter and full-year 2024 shipments are expected to increase by up to 18.8%, or to 365,500 units2. • Expanded our addressable market with launch of Home Ene
Slide 15: Q&A Contact Us
Q&A Contact Us Expion360 Headquarters 2025 SW Deerhound Ave. Redmond, OR 97756 Tel +1 (541)797-6714 Investor Relations Contact Chris Tyson, Executive Vice President MZ Group - MZ North America 949-491-8235 XPON@mzgroup.us www.mzgroup.us 15