IPWR FY 2023 Earnings — Ideal Power Inc. Revenue & Financial Results | Market Cap Arena

IPWRIdeal Power Inc.

$30M

FY 2023 Earnings

Industrials Electrical Equipment & Parts

Income Statement

Revenue

$198,871-2.2% YoY

Gross Profit

$38,25819.2% margin

Operating Income

-$10M-5205.4% margin

Net Income

-$10M-5005.3% margin

EPS (Diluted)

$-1.61

Cash Flow

Operating Cash Flow

-$7M

Free Cash Flow

-$7M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$12M

Total Liabilities

$2M

Stockholders' Equity

$10M

Cash & Equivalents

$8M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$198,871	$203,269	-2.2%
Gross Profit	$38,258	$0	—
Operating Income	-$10M	-$7M	-41.0%
Net Income	-$10M	-$7M	-38.5%