iPower, Inc. (IPW)
|Net Income (ttm)||2.70M|
iPower, an online hydroponic equipment supplier, filed on Monday with the SEC to raise up to $20 million in an initial public offering.
iPower, Inc. has filed to go public with an IPO on the NASDAQ.
iPower, Inc. (formerly, BZRTH, Inc.) was formed in April of 2018. We believe we are one of the largest online hydroponic equipment suppliers in the United States. We own and operate the retail website www.zenhydro.com where we sell more than 23,000 stock keeping units (“SKUs”) and multiple best-selling products which enable our customers to grow vegetables, fruits and flowers, and other plants, including cannabis. The Company leases more than 72,000 square feet of floor area space across our two fulfillment centers just outside of Los Angel... [Read more...]
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In 2020, iPower's revenue was $39.94 million, an increase of 74.84% compared to the previous year's $22.84 million. Earnings were $1.99 million, an increase of 276.04%.