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XPON · Nasdaq · United States · Miscellaneous Electrical Machinery, Equipment & Supplies
In shortExpion Energy, Inc. is loss-making, burns cash and holds more cash than debt, with revenue growing (+71.6% last year).
Financial health
Weak
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | -110.9% | 0/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | -64.6% | 0/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | -137.7% | 0/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | -125.6% | 0/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 7.07× | 100/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 0.03× | 100/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | Net cash | 100/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | – | n/a |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | -16.01 | 0/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | -63.7% | 0/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | – | n/a |
| Years with positive free cash flow (last 5) | 0 of 5 | 0/100 |
Weight in the score: 20%
| Profitable years (last 5) | 0 of 5 | 0/100 |
|---|---|---|
| Years of revenue decline (last 5) | 2 of 4 | 17/100 |
| Revenue growth volatility | 44.6% | 0/100 |
| Operating margin volatility | 39.1% | 0/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | 10.5% | 75/100 |
|---|---|---|
| EPS growth, 3-year average | – | n/a |
Weight in the score: 10%
Fiscal year 2025 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
The last 5 fiscal years from the company's annual reports.
USD millions; negative values in parentheses.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 4.5 | 7.2 | 6 | 5.6 | 9.7 |
| Cost of revenue | 2.9 | 4.9 | 4.4 | 4.5 | 8.3 |
| Gross profit | 1.6 | 2.3 | 1.6 | 1.2 | 1.3 |
| Research & development | 0.1 | 0.3 | 0.4 | 0.3 | 0.6 |
| Selling, general & admin | 2.9 | 8.2 | 8.7 | 7.9 | 12 |
| Operating income | (1.3) | (6) | (7.2) | (6.8) | (11) |
| Interest expense | 0.6 | 1.6 | 0.1 | (1) | (0) |
| Pre-tax income | (4.7) | (7.5) | (7.5) | (13) | (6.2) |
| Income tax | 0 | (0) | 0 | (0) | 0 |
| Net income | (4.7) | (7.5) | (7.5) | (13) | (6.2) |
| Diluted EPS | – | – | −$108.25 | −$21.03 | −$1.13 |
| Diluted shares (millions) | – | – | 0.1 | 0.6 | 5.5 |
The last 8 reported quarters (10-Q and 10-K filings), in USD millions. The fourth quarter is derived from the annual report.
The last 8 quarters of Expion Energy, Inc. are included in the Investor plan. Try free for 7 days →
−16.01 Distress zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
5/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Jun 30, 2026 · Data updated Aug 10, 2026