iPower Inc. (IPW)

iPower Income Statement

Financials in millions USD. Fiscal year is July - June.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020
Revenue	74.11	86.07	88.9	79.42	54.08	39.94
Revenue Growth (YoY)	-17.68%	-3.18%	11.94%	46.87%	35.40%	74.84%
Cost of Revenue	40.24	46.82	54.1	46.22	31.26	24.81
Gross Profit	33.86	39.25	34.8	33.2	22.82	15.13
Selling, General & Admin	34.94	40.22	45.22	30.89	19.86	12.22
Operating Expenses	34.94	40.22	45.22	30.89	19.86	12.22
Operating Income	-1.07	-0.96	-10.42	2.31	2.96	2.91
Interest Expense	-0.79	-0.79	-1.07	-0.46	-0.15	-0.17
Earnings From Equity Investments	-0.01	-0.01	-0.01	-0.01	-	-
Other Non Operating Income (Expenses)	0.21	-0.04	-0.11	0.22	-2.99	0.02
EBT Excluding Unusual Items	-1.66	-1.79	-11.61	2.06	-0.18	2.76
Impairment of Goodwill	-	-	-3.06	-	-	-
Other Unusual Items	-	-	-	-	0.18	-
Pretax Income	-1.66	-1.79	-14.67	2.06	-0.01	2.76
Income Tax Expense	-0.15	-0.25	-2.69	0.56	0.77	0.77
Earnings From Continuing Operations	-1.51	-1.54	-11.98	1.5	-0.78	1.99
Minority Interest in Earnings	0.01	0.01	0.01	0.01	-	-
Net Income	-1.49	-1.53	-11.97	1.52	-0.78	1.99
Net Income to Common	-1.49	-1.53	-11.97	1.52	-0.78	1.99
Net Income Growth	-	-	-	-	-	276.03%
Shares Outstanding (Basic)	31	30	30	28	21	20
Shares Outstanding (Diluted)	31	30	30	28	21	20
Shares Change (YoY)	4.46%	0.56%	6.95%	31.56%	5.10%	-
EPS (Basic)	-0.05	-0.05	-0.40	0.05	-0.04	0.10
EPS (Diluted)	-0.05	-0.05	-0.40	0.05	-0.04	0.10
Free Cash Flow	0.51	6.16	9.07	-17.09	-12.82	1.1
Free Cash Flow Per Share	0.02	0.21	0.30	-0.61	-0.61	0.06
Gross Margin	45.70%	45.61%	39.14%	41.80%	42.20%	37.88%
Operating Margin	-1.45%	-1.12%	-11.72%	2.91%	5.47%	7.28%
Profit Margin	-2.02%	-1.77%	-13.46%	1.91%	-1.44%	4.98%
Free Cash Flow Margin	0.69%	7.16%	10.20%	-21.52%	-23.71%	2.76%
EBITDA	-0.29	-0.17	-9.63	2.59	2.97	-
EBITDA Margin	-0.39%	-0.19%	-10.83%	3.26%	5.50%	-
D&A For EBITDA	0.78	0.8	0.8	0.28	0.01	-
EBIT	-1.07	-0.96	-10.42	2.31	2.96	2.91
EBIT Margin	-1.45%	-1.12%	-11.72%	2.91%	5.47%	7.28%
Effective Tax Rate	-	-	-	27.09%	-	28.02%
Revenue as Reported	74.11	86.07	88.9	79.42	54.08	39.94
Advertising Expenses	-	4.27	5.33	2.72	1.78	0.61

Updated Feb 14, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q