iPower Inc.
| Metric | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|
| REVENUES | $88.9M+11.9% | $79.4M+46.9% | $54.1M+35.4% | $39.9M |
| TOTAL REVENUES | $88.9M+11.9% | $79.4M+46.9% | $54.1M+35.4% | $39.9M |
| COST OF REVENUES | $54.1M+17.1% | $46.2M+47.9% | $31.3M+26.0% | $24.8M |
| GROSS PROFIT | $34.8M+4.8% | $33.2M+45.5% | $22.8M+50.8% | $15.1M |
| Selling and fulfillment | $32.4M+69.1% | $19.2M+42.4% | $13.5M+50.3% | $9.0M |
| General and administrative | $12.8M+9.3% | $11.7M+83.4% | $6.4M+96.0% | $3.3M |
| Impairment loss - goodwill | $3.1M | $0 | — | — |
| Total operating expenses | $48.3M+56.3% | $30.9M+55.5% | $19.9M+62.5% | $12.2M |
| (LOSS) INCOME FROM OPERATIONS | -$13.5M-683.2% | $2.3M-21.9% | $3.0M+1.8% | $2.9M |
| Interest expenses | -$1.1M-132.7% | -$458K-197.9% | -$154K+8.6% | -$168K |
| Other financing expenses | $0+100.0% | -$80K+46.0% | -$148K | $0 |
| Loss on equity method investment | -$10K-51.2% | -$7K | $0 | — |
| Other non-operating income | -$108K-136.4% | $296K+110.4% | -$2.8M-13812.4% | $21K |
| Total other expenses, net | -$1.2M-376.6% | -$248K+91.6% | -$3.0M-1912.6% | -$148K |
| (LOSS) INCOME BEFORE INCOME TAXES | -$14.7M-810.8% | $2.1M+23062.3% | -$9K-100.3% | $2.8M |
| PROVISION FOR INCOME TAX (BENEFIT) EXPENSE | -$2.7M-581.3% | $559K-27.1% | $767K-0.9% | $773K |
| NET (LOSS) INCOME | -$12.0M-896.0% | $1.5M+294.0% | -$776K-139.0% | $2.0M |
| Non-controlling interest | -$12K+11.7% | -$13K | $0 | — |
| NET (LOSS) INCOME ATTRIBUTABLE TO iPOWER INC. | -$12.0M-888.3% | $1.5M+295.7% | -$776K-139.0% | $2.0M |
| Foreign currency translation adjustments | -$68K-1294.3% | $6K | $0 | — |
| COMPREHENSIVE (LOSS) INCOME ATTRIBUTABLE TO iPOWER INC. | -$12.0M-889.8% | $1.5M | — | — |
| Basic | -$0.403-832.7% | $0.055+237.5% | -$0.04 | — |
| Diluted | -$0.403-832.7% | $0.055+237.5% | -$0.04 | — |
Source: SEC EDGAR XBRL. % change vs prior period shown where available.
iPower reported fiscal Q3 2026 non-GAAP net loss of $0.3 million, narrowed from prior-year loss of $0.7 million, with operating expenses down 66% sequentially and revenue of $3.5 million
“Fiscal Q3 demonstrates that our operating reset is taking hold. We significantly reduced our operating cost structure, improved working-capital discipline, and narrowed our non-GAAP loss.”
No Form 4 transactions on record.
Informational purposes only, not investment advice.