Expion360 Inc. (XPON) Q2 2024 Earnings Call Transcript Summary
Expion360 Inc. (XPON) Q2 2024 Earnings Call Transcript Summary
Net loss increased to $2.2 million, or $0.30 per share, primarily due to lower sales and non-cash stock-based compensation expense.The following is a summary of the Expion360 Inc. (XPON) Q2 2024 Earnings Call Transcript:
以下是Expion360 Inc.（XPON）2024財年Q2業績會議通話記錄摘要：
Financial Performance:
金融業績：
In Q2 2024, Expion360 reported revenue of $1.3 million, a decrease of 26% year-over-year, due to downturn in the RV market and anticipation of new product availability.
Gross profit was $300,000, representing 25.5% of revenue, a slight decrease from the previous year due to higher fixed overhead costs per unit.
Net loss increased to $2.2 million, or $0.30 per share, primarily due to lower sales and non-cash stock-based compensation expense.
2024財年Q2，Expion360報告營業收入130萬美元，同比下降26％，由於休閒車市場衰退和新產品可用性的預期。
毛利潤爲30萬美元，佔營業收入的25.5％，與上一年相比略有下降，由於每單位更高的固定間接費用。
淨虧損增加至220萬美元，每股0.30美元，主要由於銷售額下降和非現金股權獎勵費用。
Business Progress:
業務進展：
Introduced new product features including proprietary vertical heat conduction technology, SmartTalk Bluetooth, and CAN Bus communication.
Announced substantial pre-orders for next-generation batteries which began shipping in May.
Expanded product offerings through e-commerce retail partnership with Tractor Supply Company and collaboration with K-Z Recreational Vehicles.
Closed a public offering raising approximately $10 million, with funds to support commercialization of home energy storage solutions.
推出了新的產品特性，包括專有的垂直導熱技術，SmartTalk藍牙和CAN總線通信。
宣佈下一代電池的大量預定，從5月開始發貨。
通過與拖拉機供應公司的電子商務零售合作和與k-Z休閒車的合作擴展產品供應。
通過公開發行籌集了大約1000萬美元的資金，用於支持家庭能源存儲解決方案的商業化。
Opportunities:
機會：
Targeting expansion into Home Energy Storage and Light Electric Vehicle markets.
Potential market size for Home Energy Storage is expected to surpass $123 billion globally by 2029.
目標擴展到家庭能源存儲和輕型電動車市場。
到2029年，家庭能源存儲的潛在市場規模預計將超過1,230億美元全球範圍內。
Risks:
風險：
Dependence on RV market recovery and OEM market penetration for growth.
Exposure to fluctuations in material cost and supply chain disruptions affecting production and delivery timelines.
對休閒車市場的復甦和OEM市場的滲透依賴於增長。
暴露於材料成本波動和影響生產和交貨時間的供應鏈破壞。
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：如需更全面的詳情，請參閱投資人關係網站。本文僅供投資者參考，不作任何指引或建議。
譯文內容由第三人軟體翻譯。
