IPW Q1 2024 Earnings — iPower Inc. Revenue & Financial Results | Market Cap Arena

IPWiPower Inc.

$2M

Q1 2024 Earnings

Consumer Cyclical Specialty Retail

Income Statement

Revenue

$27M+1.9% YoY

Gross Profit

$12M44.4% margin

Operating Income

-$1M-4.8% margin

Net Income

-$1M-4.9% margin

EPS (Diluted)

$-1.30

QoQ Revenue Growth

+13.3%

Cash Flow

Operating Cash Flow

$4M

Free Cash Flow

$4M

Stock-Based Comp.

$117,882

Balance Sheet

Total Assets

$52M

Total Liabilities

$32M

Stockholders' Equity

$20M

Cash & Equivalents

$3M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$27M	$26M	+1.9%
Gross Profit	$12M	$10M	+17.8%
Operating Income	-$1M	-$5M	+72.4%
Net Income	-$1M	-$4M	+69.2%