Erayak Power Solution Group Inc. (RAYA)

Erayak Power Solution Group will go public soon. The estimated IPO date is December 7, 2022.
IPO Price
$4.00
Shares Offered
3,000,000
Deal Size
$12,000,000

Income Statement (Annual)

Millions USD. Fiscal year is Jan - Dec.
Year 20202019
Revenue
14.128.95
Revenue Growth (YoY)
57.80%-
Cost of Revenue
10.286.69
Gross Profit
3.842.25
Selling, General & Admin
0.860.85
Research & Development
0.610.51
Other Operating Expenses
0.020
Operating Expenses
1.491.36
Operating Income
2.360.89
Interest Expense / Income
0.260.05
Other Expense / Income
-0.5-0.27
Pretax Income
2.61.11
Income Tax
0.390.16
Net Income
2.210.95
Net Income Common
2.210.95
Net Income Growth
132.70%-
Gross Margin
27.20%25.20%
Operating Margin
16.70%10.00%
Profit Margin
15.70%10.60%
Free Cash Flow Margin
-57.40%1.80%
Effective Tax Rate
14.84%14.25%
EBITDA
3.011.28
EBITDA Margin
21.30%14.30%
Depreciation & Amortization
0.150.12
EBIT
2.861.16
EBIT Margin
20.30%13.00%
Source: IPO financials are sourced from S-1 and S-1/A filings submitted to the Securities and Exchange Commission (SEC).