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Our Company Expion360 focuses on the design, assembly, manufacturing, and sale of lithium iron phosphate ( LiFePO4 ) batteries and supporting accessories for recreational vehicles ( RVs ), marine, and industrial applications. Our high-powered lithium battery solutions incorporate innovative concepts and have been designed to include some of the most dense and minimal-footprint batteries in the …
The business is unprofitable at the operating level (-110.90% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue up 71.6% YoY with margins expanding 9.2pp.
ROIC dropped from -88.85% to -153.88%, capital efficiency is deteriorating. Negative free cash flow of -$6M. The business is consuming cash, not generating it.
Profitability & Returns
Revenue (TTM)
$9M
▲ +71.6% YoY
Net Income (TTM)
-$7M
▲ +53.7% YoY
Op. Margin
-123.54%
▲ +9.2pp YoY
ROIC
-130.34%
▼ -65.0pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
-$6M
▲ +36.5% YoY
Op. Cash Flow (TTM)
-$6M
▲ +35.7% YoY
Net Debt
-$2M
Net Cash Position
Cash & Equiv.
$3M
3Y CAGR: +10.5%
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