Pioneer Power Solutions vs Erayak Power Solution Group
Pioneer Power Solutions is the larger business, with $27.6m of revenue in fiscal 2025 against $22.9m for Erayak Power Solution Group (1.2 times as much). Pioneer Power Solutions grew faster (20.8% against -24.6%). Erayak Power Solution Group kept more of each dollar of sales as profit: a net margin of -6.1% against -21.7%.
| Latest fiscal year | Pioneer Power SolutionsPPSI, 2025 | Erayak Power Solution GroupRAYA, 2025 |
|---|---|---|
| Revenue | $27.6m | $22.9m |
| Revenue growth | 20.8% | -24.6% |
| Net income | −$6.0m | −$1.4m |
| Operating margin | -23.9% | — |
| Net margin | -21.7% | -6.1% |
| Return on equity | -18.5% | -4.5% |
| Free cash flow | −$8.5m | −$8.4m |
| Cash | — | $436,788 |
| Total debt | $0 | $12.5m |
| Debt to equity | 0.0% | — |
| Dividend per share | — | — |
| Dividend yield | 62.6% | — |
| Share buybacks | — | — |
| Employees | 58 | — |
| Market value | $28.1m | $52,991 |
| Price vs our value range | — | — |
| Moat score | 23 (Weak) | — |
| Insider trades, 12 months | 1 buys, 0 sales | 0 buys, 0 sales |