- NeoVolta (NEOV, Financial) projects April 2025 revenue to exceed $2 million, surpassing entire Q1 2025 revenue.
- Q1 2025 registered a 600% year-over-year revenue growth.
- Rapid market penetration in Texas and expanded installer network drive growth.
NeoVolta Inc. (NEOV), a leading energy technology company, announced that its projected revenue for April 2025 is set to exceed $2 million, surpassing its entire first quarter 2025 revenue. This milestone follows a remarkable Q1 2025 performance, which saw a 600% year-over-year increase with unaudited revenue of more than $2 million.
The company’s rapid expansion is attributed to a robust installer network and successful market penetration in Texas, along with strengthened distribution channels. There is heightened demand for NeoVolta’s backup power solutions, fueled by rising energy costs, ongoing grid instability, and weather-related disruptions.
CEO Ardes Johnson stated, “Delivering record-breaking revenue in April immediately following a record-breaking first quarter is a clear signal that our growth trajectory is just beginning. We see even greater milestones ahead as we expand into new markets, grow our installer network, and capitalize on rising demand for reliable, cost-saving energy storage solutions.”
NeoVolta aims to release its finalized financial results for Q1 2025 in May 2025, as it continues to drive growth in critical U.S. markets and beyond.
