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RAYA: financial statements from SEC — TradeAlmanac

RAYA

Erayak Power Solution Group Inc.: financial statements

Company reports as filed with the U.S. Securities and Exchange Commission.

AnnualQuarterly

Income statement

Metric	31/12/2025	31/12/2024	31/12/2023	31/12/2022
Revenue	23M	30M	20M	27M
Cost of revenue	18M	26M	15M	20M
Gross profit	5M	4M	5M	7M
Research and development	2M	2M	1M	932,268
Selling, general and administrative	4M	2M	2M	929,500
Operating expenses	7M	6M	4M	3M
Operating income	−2M	−2M	746,766	4M
Pre-tax income	−1M	−1M	1M	4M
Income tax	28,931	−66,338	193,246	437,771
Net income	−1M	−1M	1M	3M
Earnings per share	−27.28	−0.04	0.10	0.38
Weighted average shares	50,958	25M	12M	9M
Weighted average shares, diluted	50,958	25M	12M	9M

Balance sheet

Metric	19/08/2026	18/08/2026	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021
Short-term investments	—	—	5M	0	—	—	—
Receivables	—

Cash flow

Metric	31/12/2025	31/12/2024	31/12/2023	31/12/2022
Operating cash flow	−3M	−16M	7M	−4M
Depreciation and amortisation	574,142	431,921	388,002	269,817
Capital expenditure	5M	517,813	684,210	694,813
Investing cash flow

Amounts in USD unless stated otherwise. Data: US exchange trading and company filings with the regulator