Filing Flows › Expion Energy (XPON) › Q4 2024
Expion Energy (XPON) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 31, 2025
Expion Energy (XPON) reported revenue of $2.0M for the fourth quarter 2024 (Q4 2024), +131% from a year earlier and +43% from the quarter before. Operating margin was -59.5%, net loss $252K (12.7% of revenue).
Expion Energy, Q4 2024: revenue $2.0M (+131% year over year), operating margin -59.5%, net loss $252K, operating cash flow −$2.9M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.0M | +43% | +131% |
| Operating profit | −$1.2M | — | — |
| Net earnings | −$252K | — | — |
| Operating cash flow | −$2.9M | — | — |
What changed
Revenue was $2.0M in Q4 2024, up 131% year over year and up 43% from the previous quarter.
Gross margin was 22.1%, down 1.8 points from a year earlier. Operating costs exceeded revenue by $1.2M, an operating margin of -59.5%. Operating expenses fell 32% while revenue rose 131%. The quarter ended with a net loss of $252K, narrower than the previous quarter's $8.8M loss. Non-operating items added $926K, -364% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$2.9M. Non-cash charges added back $34K of depreciation and $71K of share-based compensation. Working capital and other items used $2.8M. Capital expenditures of $9K exceeded it, leaving free cash flow of −$2.9M.
Questions
What was Expion Energy's revenue in the fourth quarter 2024?
Expion Energy (XPON) reported revenue of $2.0M for the fourth quarter 2024 (Q4 2024), +131% from a year earlier and +43% from the quarter before.
Was Expion Energy profitable in the fourth quarter 2024?
Operating loss was $1.2M (-59.5% of revenue) and net loss $252K.
Source: Expion Energy 10-K on SEC EDGAR.