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Erayak Power Solution Group Full Year 2024 Earnings: US$0.045 loss per share (vs US$0.10 profit in FY 2023)

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Erayak Power Solution Group (NASDAQ:RAYA) Full Year 2024 Results

Key Financial Results

  • Revenue: US$30.3m (up 49% from FY 2023).

  • Net loss: US$1.12m (down by 192% from US$1.22m profit in FY 2023).

  • US$0.045 loss per share (down from US$0.10 profit in FY 2023).

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earnings-and-revenue-history
NasdaqCM:RAYA Earnings and Revenue History April 26th 2025

All figures shown in the chart above are for the trailing 12 month (TTM) period

Erayak Power Solution Group shares are down 19% from a week ago.

Risk Analysis

Be aware that Erayak Power Solution Group is showing 3 warning signs in our investment analysis and 2 of those make us uncomfortable...

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.