IPW Q2 2023 Earnings — iPower Inc. Revenue & Financial Results | Market Cap Arena

IPWiPower Inc.

$2M

Q2 2023 Earnings

Consumer Cyclical Specialty Retail

Income Statement

Revenue

$19M+12.4% YoY

Gross Profit

$8M41.4% margin

Operating Income

-$4M-21.2% margin

Net Income

-$3M-17.1% margin

EPS (Diluted)

$-3.30

QoQ Revenue Growth

-26.0%

Cash Flow

Operating Cash Flow

$7M

Free Cash Flow

$7M

Stock-Based Comp.

$132,266

Balance Sheet

Total Assets

$62M

Total Liabilities

$37M

Stockholders' Equity

$25M

Cash & Equivalents

$4M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$19M	$17M	+12.4%
Gross Profit	$8M	$8M	+5.5%
Operating Income	-$4M	$1M	-459.6%
Net Income	-$3M	$797,861	-512.4%