IPW Q1 2022 Earnings — iPower Inc. Revenue & Financial Results | Market Cap Arena

IPWiPower Inc.

$2M

Q1 2022 Earnings

Consumer Cyclical Specialty Retail

Income Statement

Revenue

$17M+16.1% YoY

Gross Profit

$7M42.1% margin

Operating Income

$1M7.4% margin

Net Income

$887,5285.1% margin

EPS (Diluted)

$1.01

QoQ Revenue Growth

+17.9%

Cash Flow

Operating Cash Flow

-$5M

Free Cash Flow

-$5M

Stock-Based Comp.

$103,054

Balance Sheet

Total Assets

$38M

Total Liabilities

$12M

Stockholders' Equity

$26M

Cash & Equivalents

$1M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$17M	$15M	+16.1%
Gross Profit	$7M	$6M	+31.5%
Operating Income	$1M	$1M	+19.9%
Net Income	$887,528	$761,996	+16.5%