Quick Answer
Erayak Power Solution Group Inc. reported Net Income of -$1.12 million for fiscal year 2024.
Erayak Power Solution Group Inc. Net Income — Annual History
| Fiscal Year | Net Income | YoY Change |
|---|---|---|
| 2024 | -$1.12M | -191.6% |
| 2023 | $1.22M | -64.9% |
| 2022 | $3.48M | +2.4% |
| 2021 | $3.39M | +53.4% |
| 2020 | $2.21M | — |
- Erayak Power Solution Group Inc. showed a decrease of -191.6% in Net Income compared to the prior fiscal year.
- Over the 2020–2024 period, Erayak Power Solution Group Inc.’s net income has declined by 150.4% (from $2.21 million to -$1.12 million).
- The most recent figure is from Erayak Power Solution Group Inc.’s fiscal year 2024 report (Form 20-F), filed with the SEC on April 23, 2025.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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