IPW Q2 2024 Earnings — iPower Inc. Revenue & Financial Results | Market Cap Arena

IPWiPower Inc.

$2M

Q2 2024 Earnings

Consumer Cyclical Specialty Retail

Income Statement

Revenue

$17M-12.7% YoY

Gross Profit

$7M43.6% margin

Operating Income

-$3M-15.2% margin

Net Income

-$2M-11.4% margin

EPS (Diluted)

$-1.93

QoQ Revenue Growth

-36.6%

Cash Flow

Operating Cash Flow

$993,390

Free Cash Flow

$993,390

Stock-Based Comp.

$141,245

Balance Sheet

Total Assets

$49M

Total Liabilities

$31M

Stockholders' Equity

$18M

Cash & Equivalents

$1M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$17M	$19M	-12.7%
Gross Profit	$7M	$8M	-8.2%
Operating Income	-$3M	-$4M	+37.5%
Net Income	-$2M	-$3M	+41.8%