Erayak Power Solution Group Inc.

RAYA · NASDAQ
Analyze with AI
12/31/2024
12/31/2023
12/31/2022
12/31/2021
Revenue$30,300$20,322$26,909$18,629
% Growth49.1%-24.5%44.4%
Cost of Goods Sold$26,308$15,381$20,290$12,909
Gross Profit$3,992$4,941$6,619$5,672
% Margin13.2%24.3%24.6%30.4%
R&D Expenses$1,671$1,177$932$987
G&A Expenses$2,435$2,065$937$662
SG&A Expenses$3,111$2,787$1,508$1,060
Sales & Mktg Exp.$676$723$572$397
Other Operating Expenses$775$230$110$140
Operating Expenses$5,557$4,194$2,550$2,186
Operating Income-$1,565$747$4,069$3,486
% Margin-5.2%3.7%15.1%18.7%
Other Income/Exp. Net$383$665-$155$211
Pre-Tax Income-$1,182$1,412$3,914$3,697
Tax Expense-$66$193$438$302
Net Income-$1,116$1,219$3,476$3,395
% Margin-3.7%6%12.9%18.2%
EPS-0.0750.10.290.28
% Growth-175%-65.5%3.6%
EPS Diluted-0.0750.10.290.28
Weighted Avg Shares Out14,92412,00012,00012,000
Weighted Avg Shares Out Dil14,92412,00012,00012,000
Supplemental Information
Interest Income$27$88$27$0
Interest Expense$150$492$511$426
Depreciation & Amortization$1,122$903$268$216
EBITDA$90$2,807$4,338$3,701
% Margin0.3%13.8%16.1%19.9%