For the quarter ending 2025-12-31, IPW made $7,133,602 in revenue. -$1,193,660 in net income. Net profit margin of -16.73%.
| Income Statement | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 |
|---|---|---|---|---|
| Total revenues | 7,133,602 | 12,017,467 | 11,492,009 | 16,569,678 |
| Cost Of Revenue | 3,994,680 | 5,878,262 | 5,235,174* | - |
| Service | - | 1,332,681 | 1,317,898* | - |
| Total cost of revenues | 3,994,680 | 7,210,943 | 6,553,072 | 9,392,704 |
| Gross profit | 3,138,922 | 4,806,524 | 4,938,937 | 7,176,974 |
| Selling and fulfillment | 3,075,161 | 5,180,190 | 6,126,355 | 5,531,751 |
| General and administrative | 2,501,738 | 1,321,513 | 2,346,514 | 1,914,226 |
| Total operating expenses | 5,576,899 | 6,501,703 | 8,472,869 | 7,445,977 |
| Income (loss) from operations | -2,437,977 | -1,695,179 | -3,533,932 | -269,003 |
| Interest expenses | -167,222 | -61,719 | -73,599 | -81,968 |
| Loss on equity method investment | 0 | 0 | - | - |
| Loss on deconsolidation of vie | 0 | -39,624 | - | - |
| Unrealized gain (loss) on digital assets | 5,759 | - | - | - |
| Change in fair value of derivative liability | 176,600 | - | - | - |
| Loss on equity method investment | - | - | -11,635 | -986 |
| Loss on extinguishment of debt | -24,100 | - | - | - |
| Other non-operating income (expenses) | 433,151 | 799,290 | 35,941 | 35,601 |
| Total other income (expenses), net | 424,188 | 697,947 | -49,293 | -47,353 |
| Income (loss) before income taxes | -2,013,789 | -997,232 | -3,583,225 | -316,356 |
| Provision for income tax expense (benefit) | -820,508 | -463,584 | -764,505 | 26,017 |
| Net income (loss) | - | - | -2,818,720 | -342,373 |
| Net loss | - | -533,648 | - | - |
| Net income (loss) | -1,193,281 | - | - | - |
| Non-controlling interest | 0 | 0 | -493 | -2,774 |
| Net income (loss) attributable to ipower inc | -1,193,281 | -533,648 | -2,818,227 | -339,599 |
| Foreign currency translation adjustments | -379 | 24,943 | 246,993 | -97,556 |
| Comprehensive income (loss) attributable to ipower inc | -1,193,660 | -508,705 | -2,571,234 | -437,155 |
| Basic EPS | -1.08 | -0.51 | -0.082 | -0.01 |
| Diluted EPS | -1.08 | -0.51 | -0.082 | -0.01 |
| Basic Average Shares | 1,102,378 | 1,049,595 | 31,472,564 | 31,455,248 |
| Diluted Average Shares | 1,102,378 | 1,049,595 | 31,472,564 | 31,455,248 |
iPower Inc. (IPW)
iPower Inc. (IPW)