NASDAQ: RAYA
Erayak Power Solution Group Revenue

Erayak Power Solution Group revenue was $22.82M for the trailing 12 months ending Jun 30, 2024, with N/A growth year over year. Quarterly revenue for the quarter (Q2 2024) ending on Jun 30, 2024 was N/A, down N/A from last quarter. For the last reported fiscal year 2023 ending Dec 31, 2023, RAYA annual revenue was $20.3M, with -24.5% growth year-over-year.

RAYA past revenue growth

How has RAYA's revenue growth performed historically?

Company
-8.3%
Industry
32.18%
Market
34.28%
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Revenue Growth vs Industry Performance
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Revenue Growth vs Market Performance

RAYA revenue history

Current Revenue
$22.8M
Current Earnings
-$315.0k
Current Profit Margin
-1.4%

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RAYA Revenue History By Year

RAYA Yearly RevenueRAYA RevenueRAYA ChangeRAYA Revenue Growth
2023-12-31$20.32M-$6.59M-24.48%
2022-12-31$26.91M$8.28M+44.45%
2021-12-31$18.63M$4.51M+31.92%
2020-12-31$14.12MN/AN/A

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Erayak Power Solution Group Revenue FAQ

What was RAYA's revenue last quarter?

Erayak Power Solution Group (NASDAQ: RAYA) reported Q2 2024 revenue of N/A up N/A year over year. In the same quarter last year, Erayak Power Solution Group's revenue was N/A.

What was Erayak Power Solution Group's revenue in 2023?

Erayak Power Solution Group's annual revenue for the twelve months ending Dec 31, 2023 was $20.32 million, a 24.48% decrease year over year.

How much does Erayak Power Solution Group make in a day?

Based on Erayak Power Solution Group annual revenue for the past three years, RAYA makes an average of $60,146.49 per day.

What was Erayak Power Solution Group's annual revenue growth in the past year?

As of Q1 2025, Erayak Power Solution Group's revenue has grown -8.3% year over year. This is 40.48 percentage points lower than the US Electrical Equipment & Parts industry revenue growth rate of 32.18%. Erayak Power Solution Group's revenue in the past year totaled $22.82 million.

How much does Erayak Power Solution Group make in a year?

Erayak Power Solution Group's revenue by year for the past three years is:
  • Erayak Power Solution Group's revenue for the twelve months ending Dec 31, 2023 was $20.32 million, a 24.48% decrease year over year.
  • Erayak Power Solution Group's annual revenue for Dec 31, 2022 was $26.91 million, a 44.45% increase from 2021.
  • Erayak Power Solution Group's annual revenue for 2021 was $18.63 million, a 31.92% increase from 2020.
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