iPower Inc. (IPW)

iPower Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2025	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021
Revenue	66.14	86.07	88.9	79.42	54.08
Revenue Growth (YoY)	-23.15%	-3.18%	11.94%	46.87%	35.40%
Cost of Revenue	37.15	47.95	54.1	46.22	31.26
Gross Profit	28.99	38.12	34.8	33.2	22.82
Selling, General & Admin	34.86	39.08	45.22	30.89	19.86
Operating Expenses	34.86	39.08	45.22	30.89	19.86
Operating Income	-5.87	-0.96	-10.42	2.31	2.96
Interest Expense	-0.44	-0.79	-1.07	-0.46	-0.15
Earnings From Equity Investments	-0.01	-0.01	-0.01	-0.01	-
Other Non Operating Income (Expenses)	0.08	-0.04	-0.11	0.22	-2.99
EBT Excluding Unusual Items	-6.23	-1.79	-11.61	2.06	-0.18
Impairment of Goodwill	-	-	-3.06	-	-
Other Unusual Items	-	-	-	-	0.18
Pretax Income	-6.23	-1.79	-14.67	2.06	-0.01
Income Tax Expense	-1.25	-0.25	-2.69	0.56	0.77
Earnings From Continuing Operations	-4.98	-1.54	-11.98	1.5	-0.78
Minority Interest in Earnings	0.01	0.01	0.01	0.01	-
Net Income	-4.97	-1.53	-11.97	1.52	-0.78
Net Income to Common	-4.97	-1.53	-11.97	1.52	-0.78
Shares Outstanding (Basic)	31	30	30	28	21
Shares Outstanding (Diluted)	31	30	30	28	21
Shares Change (YoY)	5.25%	0.56%	6.95%	31.56%	5.10%
EPS (Basic)	-0.16	-0.05	-0.40	0.05	-0.04
EPS (Diluted)	-0.16	-0.05	-0.40	0.05	-0.04
Free Cash Flow	-0.74	6.16	9.07	-17.09	-12.82
Free Cash Flow Per Share	-0.02	0.21	0.30	-0.61	-0.61
Gross Margin	43.84%	44.29%	39.14%	41.80%	42.20%
Operating Margin	-8.87%	-1.12%	-11.72%	2.91%	5.47%
Profit Margin	-7.51%	-1.77%	-13.46%	1.91%	-1.44%
Free Cash Flow Margin	-1.12%	7.16%	10.20%	-21.52%	-23.71%
EBITDA	-5.09	-0.17	-9.63	2.59	2.97
EBITDA Margin	-7.69%	-0.19%	-10.83%	3.26%	5.50%
D&A For EBITDA	0.78	0.8	0.8	0.28	0.01
EBIT	-5.87	-0.96	-10.42	2.31	2.96
EBIT Margin	-8.87%	-1.12%	-11.72%	2.91%	5.47%
Effective Tax Rate	-	-	-	27.09%	-
Revenue as Reported	66.14	86.07	88.9	79.42	54.08
Advertising Expenses	3.35	4.27	5.33	2.72	1.78

Updated Oct 9, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q