Erayak Power Solution Group Inc. (RAYA)
NASDAQ: RAYA · Real-Time Price · USD
1.172
+0.002 (0.18%)
Nov 21, 2024, 12:23 PM EST - Market open
RAYA Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|
Period Ending | Jun '24 Jun 30, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | Dec '19 Dec 31, 2019 |
| Revenue | 22.82 | 20.32 | 26.91 | 18.63 | 14.12 | 8.95 |
| Revenue Growth (YoY) | -8.30% | -24.48% | 44.45% | 31.92% | 57.80% | - |
| Cost of Revenue | 19.47 | 15.38 | 20.26 | 12.96 | 10.32 | 6.69 |
| Gross Profit | 3.34 | 4.94 | 6.65 | 5.67 | 3.8 | 2.25 |
| Selling, General & Admin | 2.93 | 2.9 | 1.57 | 1.11 | 0.82 | 0.8 |
| Research & Development | 1.52 | 1.18 | 0.93 | 0.99 | 0.61 | 0.51 |
| Other Operating Expenses | 0.05 | 0.08 | 0.08 | 0.08 | 0.05 | 0.05 |
| Operating Expenses | 4.54 | 4.19 | 2.58 | 2.19 | 1.49 | 1.36 |
| Operating Income | -1.2 | 0.75 | 4.07 | 3.49 | 2.31 | 0.89 |
| Interest Expense | -0.33 | -0.49 | -0.5 | -0.45 | -0.26 | -0.05 |
| Interest & Investment Income | 0.06 | 0.09 | 0.03 | 0.03 | 0.02 | - |
| Currency Exchange Gain (Loss) | 0.1 | 0.01 | 0.03 | 0 | -0.01 | - |
| Other Non Operating Income (Expenses) | 1.12 | 1.06 | 0.29 | 0.3 | 0.54 | 0.27 |
| EBT Excluding Unusual Items | -0.25 | 1.41 | 3.91 | 3.37 | 2.6 | 1.11 |
| Other Unusual Items | - | - | - | 0.33 | - | - |
| Pretax Income | -0.25 | 1.41 | 3.91 | 3.7 | 2.6 | 1.11 |
| Income Tax Expense | 0.06 | 0.19 | 0.44 | 0.3 | 0.39 | 0.16 |
| Net Income | -0.31 | 1.22 | 3.48 | 3.39 | 2.21 | 0.95 |
| Net Income to Common | -0.31 | 1.22 | 3.48 | 3.39 | 2.21 | 0.95 |
| Net Income Growth | - | -64.94% | 2.40% | 53.37% | 132.70% | - |
| Shares Outstanding (Basic) | 13 | 12 | 9 | 1 | - | - |
| Shares Outstanding (Diluted) | 13 | 12 | 9 | 1 | - | - |
| Shares Change (YoY) | 26.43% | 31.18% | 546.99% | - | - | - |
| EPS (Basic) | -0.02 | 0.10 | 0.38 | 2.40 | - | - |
| EPS (Diluted) | -0.02 | 0.10 | 0.38 | 2.40 | - | - |
| EPS Growth | - | -73.27% | -84.17% | - | - | - |
| Free Cash Flow | -12.48 | 6.05 | -4.85 | 4.4 | -8.1 | 0.17 |
| Free Cash Flow Per Share | -0.93 | 0.50 | -0.53 | 3.11 | - | - |
| Gross Margin | 14.65% | 24.31% | 24.71% | 30.45% | 26.90% | 25.20% |
| Operating Margin | -5.27% | 3.67% | 15.12% | 18.71% | 16.35% | 9.97% |
| Profit Margin | -1.38% | 6.00% | 12.92% | 18.22% | 15.67% | 10.63% |
| Free Cash Flow Margin | -54.70% | 29.75% | -18.01% | 23.61% | -57.38% | 1.86% |
| EBITDA | -0.79 | 1.13 | 4.34 | 3.7 | 2.46 | 1.01 |
| EBITDA Margin | -3.48% | 5.58% | 16.12% | 19.87% | 17.40% | 11.31% |
| D&A For EBITDA | 0.41 | 0.39 | 0.27 | 0.22 | 0.15 | 0.12 |
| EBIT | -1.2 | 0.75 | 4.07 | 3.49 | 2.31 | 0.89 |
| EBIT Margin | -5.27% | 3.67% | 15.12% | 18.71% | 16.35% | 9.97% |
| Effective Tax Rate | - | 13.69% | 11.19% | 8.17% | 14.84% | 14.25% |
| Advertising Expenses | - | 0.08 | 0.01 | 0.01 | 0.01 | 0.04 |
Source: S&P Capital IQ. Standard template. Financial Sources.