NASDAQ · RAYA
Erayak Power Solution Group financials
$1.99+6.99%
Close Sep 30, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 |
|---|---|---|---|---|
| Revenue | $22.9M | $30.3M | $20.3M | $26.9M |
| Gross profit | $4.9M | $4.0M | $5.0M | $6.6M |
| Gross margin | 21.3% | 13.2% | 24.7% | 24.6% |
| Operating income | -$2.0M | -$1.3M | $822.8K | $4.1M |
| Net income | -$1.4M | -$1.1M | $1.2M | $3.5M |
| Net margin | −6.1% | −3.7% | 6.0% | 12.9% |
| Diluted EPS | $-27.28 | $-98.34 | $223.43 | $836.00 |
| EBITDA | -$1.1M | -$720.0K | $1.2M | $4.3M |
| Operating cash flow | -$3.2M | -$15.9M | $6.7M | -$4.2M |
| Free cash flow | -$8.4M | -$16.4M | $3.2M | -$9.0M |
| Diluted shares | 0.1M | 0.0M | 0.0M | 0.0M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|
| Cash & equivalents | $184.9K | $532.6K | $5.9M | $7.0M |
| Short-term investments | $4.5M | $0.00 | $0.00 | $0.00 |
| Total debt | $14.3M | $8.6M | $2.2M | $10.8M |
| Total assets | $59.4M | $46.0M | $35.3M | $37.6M |
| Total liabilities | $24.2M | $19.4M | $15.1M | $18.3M |
| Shareholders' equity | $35.3M | $26.6M | $20.2M | $19.3M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology