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ipw: the income statement
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Comprehensive loss
attributable to ipower inc
-$508,705
(75.59%↑ Y/Y)
Foreign currency
translation adjustments
$24,943
(145.31%↑ Y/Y)
Net loss
attributable to ipower inc
-$533,648
Net loss
-$533,648
(73.74%↑ Y/Y)
Provision for income tax
benefit
-$463,584
(27.17%↑ Y/Y)
Other non-operating
income
$799,290
(265.50%↑ Y/Y)
Service
$1,532,806
Product
$10,484,661
Loss before income
taxes
-$997,232
(62.63%↑ Y/Y)
Total other income,
net
$697,947
(797.05%↑ Y/Y)
Total revenues
$12,017,467
(-36.78%↓ Y/Y)
Loss on
deconsolidation of vie
-$39,624
Interest expenses
-$61,719
(55.90%↑ Y/Y)
Loss from operations
-$1,695,179
(38.28%↑ Y/Y)
Gross profit
$4,806,524
(-43.37%↓ Y/Y)
Total cost of revenues
$7,210,943
(-31.46%↓ Y/Y)
Total operating
expenses
$6,501,703
(-42.13%↓ Y/Y)
Service
$1,332,681
Product
$5,878,262
General and
administrative
$1,321,513
(-75.16%↓ Y/Y)
Selling and fulfillment
$5,180,190
(-12.42%↓ Y/Y)
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Income Statement
source: myfinsight.com
iPower Inc. (IPW)
iPower Inc. (IPW)