Earnings Call Summary | Expion360(XPON.US) Q1 2024 Earnings Conference
Earnings Call Summary | Expion360(XPON.US) Q1 2024 Earnings Conference
The following is a summary of the Expion360 Inc. (XPON) Q1 2024 Earnings Call Transcript:
以下是Expion360 Inc.(XPON)2024年第一季度業績電話會議記錄的摘要:
Financial Performance:
財務業績:
Expion360 reported a Q1 2024 revenue of $1 million, a 35.5% decrease compared to the same period in the previous year.
Gross profit was 22.9% of revenue, down from the previous year's 29.4%.
Selling, general, and administrative expenses rose to $2.2 million, an increase from the prior year's $2.1 million.
The company incurred a net loss for Q1 2024, totalling $2.2 million or $0.31 per share, up from a net loss of $2 million or $0.29 per share from the previous year.
Expion360報告稱,2024年第一季度收入爲100萬美元,與去年同期相比下降了35.5%。
毛利佔收入的22.9%,低於上一年的29.4%。
銷售、一般和管理費用增至220萬美元,較上一年的210萬美元有所增加。
該公司在2024年第一季度淨虧損總額爲220萬美元,合每股虧損0.31美元,高於去年的淨虧損200萬美元或每股虧損0.29美元。
Business Progress:
業務進展:
Expion360 launched its new Group 27 and GC2 Series batteries, which have prompted substantial pre-orders.
A new 'Edge' battery for off-grid power solutions was introduced, with shipping slated for Q3 2024.
The company released details and began pre-orders for its forthcoming Home Energy Storage Solutions, set to ship in the latter half of 2024.
Expion360 secured a contract to sell its products via the Tractor Supply website starting in June.
The company sustains its R&D investment with 11 patents currently pending.
Expion360推出了新的Group 27和GC2系列電池,這促使了大量的預購。
推出了一種用於離網電源解決方案的新型 “Edge” 電池,計劃於2024年第三季度發貨。
該公司公佈了即將推出的家庭儲能解決方案的詳細信息並開始預購,該解決方案定於2024年下半年發貨。
Expion360獲得了從6月開始通過拖拉機供應網站銷售其產品的合同。
該公司維持其研發投資,目前有11項專利正在申請中。
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示:欲了解更多詳情,請訪問投資者關係網站。本文僅供投資者參考,不構成任何投資建議。
譯文內容由第三人軟體翻譯。