<a href="https://laohu8.com/S/XPON">Expion360 Inc.</a> Reports 134% Surge in <a href="https://laohu8.com/S/QTWO">Q2</a> 2025 Sales to $3 Million; Net Loss Improves by 38% to $1.4 Million
Expion360 Inc., a leader in lithium iron phosphate battery power storage, reported significant growth in its financial results for the second quarter of 2025. The company's net sales for Q2 2025 reached $3.0 million, marking a 134% increase from the same quarter in 2024 and a 46% rise from Q1 2025. For the first half of 2025, net sales totaled $5.0 million, up 124% from the $2.2 million recorded in the first half of 2024. This increase was primarily driven by sales growth in the RV market and accessory sales through integrator partners. Expion360 recorded a net loss of $1.4 million for Q2 2025, which is a 38% improvement from the $2.2 million net loss in the same period of the previous year. This reduction in net loss was mainly due to higher net sales and relatively stable selling, general, and administrative expenses. The company's gross profit for the first half of 2025 was $1.1 million, representing 22% of sales, compared to $0.5 million, or 24% of sales, in the prior year period. As of June 30, 2025, Expion360's cash and cash equivalents were $0.7 million, compared to $0.5 million at the end of 2024. Net cash used in operating activities decreased to $1.6 million from $3.4 million in the prior year period.
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