E-power Inc. income statement
In fiscal 2025, E-power Inc. reported revenue of $46.4m, down 28.6% on the year before, operating income of −$16.0m (a -34.5% margin) and net income of −$16.6m, or −$0.57 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 14 | 18 | 23 | 7 | 38 | 45 | 65 | 46 |
| Cost of revenue | — | — | 3 | 4 | 39 | 57 | 71 | 52 |
| Gross profit | — | — | 20 | 4 | −1 | −12 | −6 | −6 |
| Research and development | 1 | 1 | 1 | 2 | 1 | 1 | 3 | 2 |
| Selling, general and administrative | 2 | 3 | 4 | 8 | 13 | — | — | — |
| Selling and marketing | — | — | — | — | — | 1 | 1 | 1 |
| General and administrative | — | — | — | — | — | 13 | 7 | 7 |
| Operating income | 9 | 11 | 15 | −7 | −19 | −31 | −17 | −16 |
| Interest expense | — | — | — | — | 0 | 1 | 0 | 1 |
| Net interest income | — | — | 0 | 0 | −0 | −1 | −0 | — |
| Income before tax | 9 | 11 | −0 | −9 | −22 | −33 | −18 | −27 |
| Income tax | 1 | 2 | 3 | −0 | 1 | −0 | 0 | −0 |
| Net income | 7 | 10 | 12 | −8 | −23 | −24 | −12 | −17 |
| Diluted EPS | $0.45 | $0.58 | $0.72 | −$0.36 | −$0.98 | −$1.08 | −$0.48 | −$0.57 |
| Diluted shares (average) | 17m | 17m | 17m | 24m | 25m | 26m | 26m | 29m |
| EBITDA | 9 | 11 | 16 | −6 | −17 | −27 | −12 | −10 |
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