IPW Q2 2022 Earnings — iPower Inc. Revenue & Financial Results | Market Cap Arena

IPWiPower Inc.

$2M

Q2 2022 Earnings

Consumer Cyclical Specialty Retail

Income Statement

Revenue

$17M+52.2% YoY

Gross Profit

$8M44.1% margin

Operating Income

$1M6.6% margin

Net Income

$797,8614.7% margin

EPS (Diluted)

$0.90

QoQ Revenue Growth

-1.4%

Cash Flow

Operating Cash Flow

-$7M

Free Cash Flow

-$7M

Stock-Based Comp.

$54,435

Balance Sheet

Total Assets

$46M

Total Liabilities

$20M

Stockholders' Equity

$27M

Cash & Equivalents

$1M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$17M	$11M	+52.2%
Gross Profit	$8M	$5M	+52.8%
Operating Income	$1M	$853,106	+33.1%
Net Income	$797,861	$575,476	+38.6%