Expion360 Inc. announced significant growth within its OEM and distribution network, adding several new OEM customers and one new distributor. These new relationships follow the company's attendance at the Elkhart RV Dealer Open House in September and ongoing sales efforts.
The newly secured OEM customers include Scout Campers, Alaskan Campers, LLC d/b/a Alaskan Campers, and K-Z Recreational Vehicles. These partnerships are expected to bolster Expion360's footprint in the RV markets and expand its customer base across the United States.
These new relationships are projected to generate approximately $5.0 million in incremental revenue for fiscal year 2025. Additionally, the anticipated revenue growth is expected to increase gross profits by an estimated $1.4 million for fiscal year 2025, with increased sales also expected in the fourth quarter of 2024.
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