iPower Income Statement

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

Millions USD. Fiscal year is Jul - Jun.

Year	2023	2022	2021	2020	2019
Revenue	88.9	79.42	54.08	39.94	22.84
Revenue Growth (YoY)	11.94%	46.86%	35.40%	74.84%	-
Cost of Revenue	54.1	46.22	31.26	24.81	14.97
Gross Profit	34.8	33.2	22.82	15.13	7.88
Selling, General & Admin	45.22	30.89	19.86	12.22	7.04
Other Operating Expenses	3.06	0	0	0	0
Operating Expenses	48.28	30.89	19.86	12.22	7.04
Operating Income	-13.48	2.31	2.96	2.91	0.83
Interest Expense / Income	1.07	0.46	0	0	0
Other Expense / Income	0.11	-0.22	2.97	0.15	0.11
Pretax Income	-14.66	2.08	-0.01	2.76	0.72
Income Tax	-2.69	0.56	0.77	0.77	0.2
Net Income	-11.97	1.52	-0.78	1.99	0.53
Net Income Growth	-	-	-	276.04%	-
Shares Outstanding (Basic)	30	28	21	20	20
Shares Outstanding (Diluted)	30	28	21	20	20
Shares Change	6.95%	31.56%	5.10%	0.47%	-
EPS (Basic)	-0.40	0.06	-0.04	0.10	0.03
EPS (Diluted)	-0.40	0.06	-0.04	0.10	0.03
EPS Growth	-	-	-	233.33%	-
Free Cash Flow	9.07	-17.09	-12.82	1.1	0.71
Free Cash Flow Per Share	0.30	-0.61	-0.61	0.06	0.04
Gross Margin	39.14%	41.80%	42.20%	37.88%	34.48%
Operating Margin	-15.17%	2.91%	5.47%	7.28%	3.65%
Profit Margin	-13.46%	1.91%	-1.43%	4.98%	2.31%
Free Cash Flow Margin	10.20%	-21.52%	-23.70%	2.76%	3.09%
Effective Tax Rate	-	26.91%	-	28.02%	27.01%
EBITDA	-12.76	3.14	0.09	2.76	0.72
EBITDA Margin	-14.35%	3.95%	0.16%	6.91%	3.17%
Depreciation & Amortization	0.83	0.6	0.09	0	0
EBIT	-13.59	2.54	-0.01	2.76	0.72
EBIT Margin	-15.29%	3.19%	-0.02%	6.91%	3.17%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).