Expion360
Income Statement

Last updated:

Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Expion360's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 16% to $5,981,134. The net income raised on -$7,456,274 and profit margin reached -125%. Total operating expenses were $8,745,135.

Profit Margin

Expion360 Inc. (NASDAQ:XPON): Profit margin
2019 1.41M -201.27K -14.25%
2020 1.57M -876.48K -55.77%
2021 4.51M -4.72M -104.5%
2022 7.16M -7.53M -105.22%
2023 5.98M -7.45M -124.66%

XPON Income Statement (2019 – 2023)

2023 2022 2021 2020 2019
Revenue
Revenue
5.98M7.16M4.51M1.57M1.41M
Cost of revenue
4.40M4.87M2.87M1.26M917.16K
Gross profit
1.57M2.28M1.64M302.96K495.53K
Operating exp.
Research and development
397.66K278.38K58.04K126.21K17.31K
Selling and marketing
929.22K677.67K316.43K185.97K138.57K
Total operating expenses
8.74M8.24M2.90M976.85K597.59K
Operating income
-7.16M-5.95M-1.26M-673.89K-102.06K
Other income (expenses), net
-283.36K-1.59M-3.44M-120.61K-99.06K
Income before tax
-7.45M-7.54M-4.71M-874.50K-201.12K
Income tax expense
3.29K-8.85K9.3K1.97K150
Net income
-7.45M-7.53M-4.72M-876.48K-201.27K
Earnings per share
Basic EPS
-1.08-1.23-0.73-0.14-0.03
Diluted EPS
-1.08-1.23-0.73-0.14-0.03
Data sourceData source