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Voltage Electronics is expected to more than double its annual revenue this year as the Spokane Valley-based resale company adds employees and expands its livestream shopping operation.
The electronics resale company is on track to surpass $15 million in revenue this year, up from between $6 million and $7 million last year, says Ryan Huguenin, the 30-year-old founder of Voltage Electronics, which is a trade name of RMH Enterprises LLC.
Huguenin also is expecting the company’s 33-person workforce to double by the end of the year.
“We’re scaling up really fast,” Huguenin says. “By the end of this year we will probably have 60 employees.”
The company, located at 311 S. Dishman Mica Road, buys, sells, and auctions overstock, returned, and used electronics. A major part of the business model relies on high-volume online sales and Voltage actively sells products through livestream auctions on online marketplaces.
Voltage Electronics sources its resale merchandise through customer returns, overstock, imports, institutional electronics, and other channels, Huguenin explains. The company has evolved from purchasing liquidation merchandise through third-party marketplaces to establishing relationships that provide access to liquidation products from major retailers. The company also has begun using artificial intelligence to assist with sourcing, including identifying potential inventory and deals online, he says.
The company currently is experiencing notable growth through its online sales channels, which is attributed to consumers who are buying resale items at a higher rate. Huguenin says the biggest jump in sales occurred in 2023 when Voltage shifted to selling on Whatnot.
Prior to changing online platforms, from 2018 to 2023, the company experienced rapid growth on eBay. However, Voltage pivoted to Whatnot when an automated system at eBay flagged the company's account as a possible drop-shipper, Huguenin says.
Drop-shipping describes a business that takes a customer's order, purchases the product from a supplier, then ships directly from the supplier to the consumer without ever having physical possession of the product, which, in some cases, is a violation of eBay's policies.
While under review with eBay, Hugenin searched for another way to generate sales and support his employees and business operations and found Whatnot. Instead of relying on traditional product listings, sellers on Whatnot auction merchandise during livestreams and interact with customers.
“You go live, and you’re talking directly to customers, and you demonstrate products for them and build that customer relationship in a way that you can’t when you’re just clicking a button on Amazon or eBay,” Huguenin explains.
Voltage’s first livestream on Whatnot generated about $1,000 in sales from 100 items, he notes.
“It blew my expectations out of the water,” Huguenin says.
Voltage now runs multiple Whatnot channels and has expanded beyond its original focus on electronics to sourcing resale products through liquidation and bulk merchandise. Huguenin says the company's main Whatnot account has grown to over 600,000 followers and has completed hundreds of thousands of sales.
The company's growth on the Whatnot platform illustrates the potential for businesses that consistently use livestreaming, says Liz Goodno, communications lead at Whatnot.
Whatnot launched in 2019 as an online marketplace and gained popularity for its selection of Funko Pop collectibles for resale. Whatnot has since expanded into hundreds of other product categories, Goodno says.
“Whatnot sellers who go live daily earn 100 to 250 times more than those who stream just once or twice a month,” Goodno contends. “Even moving from monthly to weekly livestreams can drive 10 to 20 times higher returns.”
Sellers have generated more than $8 billion in gross merchandise volume through Whatnot in 2025. The platform surpassed that amount during the first half of 2026, she adds.
Voltage Electronics currently produces about 30 hours of combined live programming each day across its shows and is preparing to add another 20-hour show, Huguenin says.
One show format involves opening liquidation pallets live and auctioning the merchandise inside. Huguenin says customers often get excited about the unknown element of shopping mixed merchandise pallets, as customers don't necessarily know what will emerge from a pallet, which can contain anything from clothing to high-end electronics.
“They’ve really figured out the formula for success with live shopping,” Goodno says of Voltage.
Live shopping gives online retail platforms something traditional e-commerce shopping experiences can struggle to replicate: interaction between the buyer and the person selling the product, Goodno explains.
“It’s not a faceless, static product page, like what most people are used to with e-commerce,” Goodno says. “This ... brings the people back into it.”
The recent growth is a dramatic departure from the company’s humble beginnings, Huguenin says. Huguenin started buying and reselling merchandise in high school and continued the business while pursuing a pharmacy degree as a way to help pay for books and tuition.
His early interest in entrepreneurship was sparked by his family, but what ultimately changed his mind from pursuing a pharmacy degree, was his father becoming seriously ill while he was in college. Watching his father nearly lose his job and his family face the prospect of losing their income made financial independence increasingly important to Huguenin, he explains. So, in 2018, he left school and committed to developing his resale business. After a year, Huguenin moved the company into its first warehouse facility and hired his first employee.
“I was obviously pretty nervous,” Huguenin says. “I was in school for four years, so I was already in quite a bit of debt. I just decided, you know what, I’m just going to go for it.”
Establishing a relationship with Goodwill Industries of the Inland Northwest provided another opportunity for Voltage to scale up in the company's early days. He arranged to purchase electronics from a Goodwill outlet and began receiving truckloads of merchandise that could be resold rather than discarded, Huguenin says.
After finding strong online demand for older electronics and audio equipment, Voltage Electronics grew to five employees, and experienced one of its strongest months at the time, generating $60,000 in sales from 1,800 items sold through eBay.
“A lot of that stuff that was going to go to the dump or get thrown away. I was able to revive it and resell it on eBay,” Huguenin says.
Voltage has recently downsized from about 32,000 square feet of warehouse space and moved out of a former Big Lots building at 14024 E. Sprague, consolidating operations into its current 12,000-square-foot warehouse on Dishman Mica Road, after outsourcing more of its fulfillment operations.
Voltage will operate in the Dishman Mica facility through the rest of the year, as not having to pay a lease for the bigger building is helping the company save money to potentially buy a larger warehouse next year, he explains.
Looking ahead, Voltage is working to operate a show in every major product category available on the Whatnot marketplace, including clothing, toys, pet supplies, and even food, he says.
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