iPower Inc. financial data

Symbol
IPW on Nasdaq
Industry
Retail-Building Materials, Hardware, Garden Supply
Location
8798 9 Th Street, Rancho Cucamonga, CA
State of incorporation
Nevada
Fiscal year end
June 30
Latest financial report
10-Q - Q1 2024 - May 14, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 142 % -35.4%
Quick Ratio 65.5 % -44%
Return On Equity -26.6 % +29.6%
Return On Assets -9.75 % +34.8%
Operating Margin -5.79 % +57.6%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 29.8M shares +0.27%
Common Stock, Shares, Outstanding 29.8M shares +0.83%
Entity Public Float 3.95M USD -82.4%
Common Stock, Value, Issued 29.8K USD +0.83%
Weighted Average Number of Shares Outstanding, Basic 29.8M shares +0.31%
Weighted Average Number of Shares Outstanding, Diluted 29.8M shares +0.31%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 90M USD +2.73%
Revenue from Contract with Customer, Excluding Assessed Tax 90M USD +2.73%
Cost of Revenue 50.9M USD -3.44%
Operating Income (Loss) -5.22M USD +56.5%
Nonoperating Income (Expense) -1.14M USD -81.9%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -6.35M USD +49.6%
Income Tax Expense (Benefit) -1.19M USD +46.5%
Net Income (Loss) Attributable to Parent -5.15M USD +50.3%
Earnings Per Share, Basic -0.17 USD/shares +51.4%
Earnings Per Share, Diluted -0.17 USD/shares +51.4%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 2.71M USD +91.2%
Accounts Receivable, after Allowance for Credit Loss, Current 16.8M USD +7.25%
Inventory, Net 11.9M USD -39.6%
Assets, Current 33.1M USD -17.9%
Deferred Income Tax Assets, Net 2.76M USD +78.3%
Property, Plant and Equipment, Net 406K USD -29.8%
Operating Lease, Right-of-Use Asset 6.63M USD -22%
Intangible Assets, Net (Excluding Goodwill) 3.79M USD -14.6%
Goodwill 3.03M USD 0%
Other Assets, Noncurrent 382K USD -3.45%
Assets 50.4M USD -15.2%
Accounts Payable, Current 14.2M USD +5.91%
Contract with Customer, Liability, Current 340K USD -29.6%
Liabilities, Current 26.5M USD +23.4%
Operating Lease, Liability, Noncurrent 4.95M USD -24.7%
Liabilities 31.4M USD -11.9%
Accumulated Other Comprehensive Income (Loss), Net of Tax -154K USD -275%
Retained Earnings (Accumulated Deficit) -10.9M USD -89.7%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 19M USD -20.1%
Liabilities and Equity 50.4M USD -15.2%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 4.05M USD +969%
Net Cash Provided by (Used in) Financing Activities -5.08M USD -284%
Net Cash Provided by (Used in) Investing Activities 0 USD
Common Stock, Shares Authorized 180M shares 0%
Common Stock, Shares, Issued 29.8M shares +0.83%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -1.01M USD -133%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 2.71M USD +91.2%
Interest Paid, Excluding Capitalized Interest, Operating Activities 0 USD
Deferred Tax Assets, Valuation Allowance 65K USD
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 3.86M USD +35.4%
Operating Lease, Liability 7.06M USD -21%
Payments to Acquire Property, Plant, and Equipment 0 USD -100%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -5.26M USD +49.4%
Lessee, Operating Lease, Liability, to be Paid 10.7M USD
Operating Lease, Liability, Current 2.11M USD -10.6%
Lessee, Operating Lease, Liability, to be Paid, Year Two 2.08M USD -17.2%
Lessee, Operating Lease, Liability, to be Paid, Year One 2.51M USD -18.5%
Operating Lease, Weighted Average Discount Rate, Percent 0.08 pure 0%
Deferred Income Tax Expense (Benefit) -1.22M USD
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 675K USD -33.5%
Lessee, Operating Lease, Liability, to be Paid, Year Three 1.53M USD -26.3%
Preferred Stock, Shares Issued 0 shares
Deferred Federal Income Tax Expense (Benefit) -1.21M USD
Current Income Tax Expense (Benefit) 31.4K USD -78.9%
Preferred Stock, Shares Authorized 20M shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 1.59M USD +3.43%
Operating Lease, Payments 2.9M USD +0.25%
Additional Paid in Capital 30M USD +1.74%
Preferred Stock, Shares Outstanding 0 shares
Current State and Local Tax Expense (Benefit) 22.6K USD +513%
Current Federal Tax Expense (Benefit) 8.78K USD -100%
Amortization of Intangible Assets 649K USD 0%
Deferred State and Local Income Tax Expense (Benefit) -257K USD
Interest Expense 802K USD -17.5%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%