IPW Q3 2023 Earnings — iPower Inc. Revenue & Financial Results | Market Cap Arena

IPWiPower Inc.

$2M

Q3 2023 Earnings

Consumer Cyclical Specialty Retail

Income Statement

Revenue

$20M-11.3% YoY

Gross Profit

$8M38.5% margin

Operating Income

-$2M-9.0% margin

Net Income

-$2M-7.6% margin

EPS (Diluted)

$-1.55

QoQ Revenue Growth

+5.0%

Cash Flow

Operating Cash Flow

$7,624

Free Cash Flow

-$9,894

Stock-Based Comp.

$117,574

Balance Sheet

Total Assets

$59M

Total Liabilities

$36M

Stockholders' Equity

$24M

Cash & Equivalents

$1M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$20M	$23M	-11.3%
Gross Profit	$8M	$9M	-15.4%
Operating Income	-$2M	$1M	-231.5%
Net Income	-$2M	$1M	-229.5%