Expion360 Inc., a leader in lithium-ion battery power storage, issued a letter to its stockholders outlining its achievements and plans for the future.
The company reported sequential revenue growth, improved gross margins, and progress towards a more stable balance sheet in 2025.
Expion360's product line includes batteries and accessories for RV and marine applications, with expansion into industrial and surveillance sectors.
Growth Strategy Focus
Focused on premium lithium iron phosphate batteries and new technologies for market expansion.
Executive Leadership Evolution
Strengthened governance and financial discipline through new CEO and CFO appointments.
Financial Performance
Notable increases in net sales, gross profit, and operational efficiency in 2025.
Balance Sheet Enhancements
Strengthened balance sheet through strategic offerings and improved liquidity for growth initiatives.
- Expion360 reported a 72% increase in net sales and a 222% increase in gross profit in the third quarter of 2025.
- The company's operational discipline led to a decrease in net cash used in operating activities and improved market conditions.
- Strategic balance sheet enhancements, including offerings and warrant exercises, positioned Expion360 for sustained growth and operational success.
With a solid financial foundation and strengthened leadership, Expion360 is poised for disciplined execution and growth in 2026, supported by improved market conditions and strategic initiatives.