| Income Statement | 2025-09-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|
| Total revenues | 12,017,467 | 16,569,678 | 19,072,571 | 19,008,521 |
| Service costs | - | - | 1,221,566 | 603,176 |
| Product | 5,878,262 | - | - | - |
| Product costs | - | - | 9,461,119 | 9,917,448 |
| Service | 1,332,681 | - | - | - |
| Total cost of revenues | 7,210,943 | 9,392,704 | 10,682,685 | 10,520,624 |
| Gross profit | 4,806,524 | 7,176,974 | 8,389,886 | 8,487,897 |
| Selling and fulfillment | 5,180,190 | 5,531,751 | 4,628,914 | 5,914,808 |
| General and administrative | 1,321,513 | 1,914,226 | 3,077,365 | 5,319,523 |
| Total operating expenses | 6,501,703 | 7,445,977 | 7,706,279 | 11,234,331 |
| Loss on equity method investment | - | -986 | -802 | -919 |
| Loss from operations | -1,695,179 | -269,003 | 683,607 | -2,746,434 |
| Interest expenses | -61,719 | -81,968 | -140,672 | -139,962 |
| Loss on equity method investments | 0 | - | - | - |
| Loss on deconsolidation of vie | -39,624 | - | - | - |
| Other non-operating income | 799,290 | 35,601 | -205,958 | 218,686 |
| Total other income, net | 697,947 | -47,353 | -347,432 | 77,805 |
| (loss) income before income taxes | - | -316,356 | - | - |
| Loss before income taxes | -997,232 | - | 336,175 | -2,668,629 |
| Provision for income tax benefit | -463,584 | 26,017 | 120,511 | -636,512 |
| Net income (loss) | - | - | 215,664 | -2,032,117 |
| Net (loss) income | - | -342,373 | - | - |
| Net loss | -533,648 | - | - | - |
| Non-controlling interest | 0 | -2,774 | -3,155 | -2,836 |
| Net income (loss) attributable to ipower inc | - | - | 218,819 | -2,029,281 |
| Net loss attributable to ipower inc | -533,648 | -339,599 | - | - |
| Foreign currency translation adjustments | 24,943 | -97,556 | 156,130 | -55,054 |
| Comprehensive loss attributable to ipower inc | -508,705 | -437,155 | 374,949 | -2,084,335 |
| Basic | -0.51 | -0.01 | 0.01 | -0.06 |
| Diluted | -0.51 | -0.01 | 0.01 | -0.06 |
| Weighted average number of shares outstanding, basic | 1,049,595 | 31,455,248 | 31,437,517 | 31,417,203 |
| Weighted average number of shares outstanding, diluted | 1,049,595 | 31,455,248 | 31,437,517 | 31,417,203 |
iPower Inc. (IPW)
iPower Inc. (IPW)