iPower Inc.
Financial highlights
| Metric | FY 06/30/25 | FY 06/30/24 | FY 06/30/23 | FY 06/30/22 | FY 06/30/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $66.1M | $86.1M | $88.9M | $79.4M | $54.1M |
| Cost of revenue | $37.1M | $48.0M | $54.1M | $46.2M | $31.3M |
| Gross profit | $29.0M | $38.1M | $34.8M | $33.2M | $22.8M |
| Selling, general & administrative | $12.7M | $12.1M | $12.8M | $11.7M | $6.4M |
| Operating expenses | $34.9M | $39.1M | $48.3M | $30.9M | $19.9M |
| Operating income | -$5.9M | -$962,892 | -$13.5M | $2.3M | $3.0M |
| Interest expense | $427,036 | $739,226 | $980,075 | $359,355 | $0 |
| Pretax income | — | -$1.8M | -$14.7M | $2.1M | -$8,987 |
| Income tax expense | -$1.3M | -$251,365 | -$2.7M | $558,975 | $766,762 |
| Net income | -$5.0M | -$1.5M | -$12.0M | $1.5M | -$775,749 |
| Balance Sheet | |||||
| Cash and equivalents | $1.8M | $7.2M | $3.7M | $1.8M | $6.7M |
| Current assets | $19.4M | $35.0M | $41.3M | $55.2M | $32.3M |
| Total assets | $35.6M | $51.3M | $60.1M | $78.6M | $35.6M |
| Current liabilities | $14.5M | $23.8M | $23.3M | $22.9M | $9.0M |
| Total liabilities | $17.4M | $28.3M | $39.2M | $46.2M | $10.7M |
| Stockholders' equity | $18.3M | $23.0M | $20.9M | $32.4M | $25.0M |
| Cash Flow Statement | |||||
| Cash from operations | -$579,187 | $6.2M | $9.2M | -$16.6M | -$12.8M |
| Depreciation and amortization | $779,976 | $796,225 | $796,375 | $277,924 | $12,091 |
| Stock-based compensation | — | $512,542 | $512,796 | $372,351 | $110,683 |
| Capital expenditure | $163,588 | $0 | $140,813 | $484,172 | $61,498 |
| Free cash flow | -$742,775 | $6.2M | $9.1M | -$17.1M | -$12.8M |
| Share repurchases | — | $0 | — | — | — |
| Impairments | $0 | $0 | $3.1M | $0 | — |
Shares outstanding 5.3M · Free float 28.6%
Annual filing data through FY ended June 30, 2025; float as of July 15, 2026.