Ideal Pwr Inc Financials

IPWR

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Key Financial Metrics

Revenue

$86K

YoY-56.7%

10Y CAGR-26.2%

Ideal Pwr Inc generated $86K in revenue in fiscal year 2024. This represents a decrease of 56.7% from the prior year.

EBITDA

-$10.7M

YoY-6.4%

Ideal Pwr Inc's EBITDA was -$10.7M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 6.4% from the prior year.

Free Cash Flow

-$8.9M

YoY-21.3%

Ideal Pwr Inc generated -$8.9M in free cash flow in fiscal year 2024, representing cash available after capital expenditures. This represents a decrease of 21.3% from the prior year.

Net Income

-$10.4M

YoY-4.7%

Ideal Pwr Inc reported -$10.4M in net income in fiscal year 2024. This represents a decrease of 4.7% from the prior year.

EPS (Diluted)

N/A

Cash & Debt

$15.8M

YoY+86.9%

5Y CAGR+39.0%

10Y CAGR+7.2%

Ideal Pwr Inc held $15.8M in cash against $0 in long-term debt as of fiscal year 2024.

Dividends Per Share

N/A

Shares Outstanding

YoY+39.0%

5Y CAGR+31.7%

10Y CAGR+1.7%

Ideal Pwr Inc had 8M shares outstanding in fiscal year 2024. This represents an increase of 39.0% from the prior year.

Gross Margin

-8.6%

YoY-27.8pp

10Y CAGR+13.5pp

Ideal Pwr Inc's gross margin was -8.6% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is down 27.8 percentage points from the prior year.

Operating Margin

-12868.7%

YoY-7663.2pp

10Y CAGR-12482.5pp

Ideal Pwr Inc's operating margin was -12868.7% in fiscal year 2024, reflecting core business profitability. This is down 7663.2 percentage points from the prior year.

Net Margin

-12109.2%

YoY-7104.0pp

10Y CAGR-11724.6pp

Ideal Pwr Inc's net profit margin was -12109.2% in fiscal year 2024, showing the share of revenue converted to profit. This is down 7104.0 percentage points from the prior year.

Return on Equity

N/A

R&D Spending

$6.2M

YoY+8.1%

5Y CAGR+42.7%

10Y CAGR+10.2%

Ideal Pwr Inc invested $6.2M in research and development in fiscal year 2024. This represents an increase of 8.1% from the prior year.

Share Buybacks

N/A

Capital Expenditures

$197K

YoY-18.1%

5Y CAGR+115.4%

10Y CAGR-5.4%

Ideal Pwr Inc invested $197K in capital expenditures in fiscal year 2024, funding long-term assets and infrastructure. This represents a decrease of 18.1% from the prior year.

IPWR Income Statement

Metric	FY24	FY24	FY23	FY22	FY21	FY20
Revenue	$86K-56.7%	$199K-2.2%	$203K-64.7%	$576K+34.6%	$428K	$0
Cost of Revenue	$93K-41.8%	$161K-21.0%	$203K-64.7%	$576K+34.6%	$428K	$0
Gross Profit	-$7K-119.3%	$38K	$0	$0	$0	$0
R&D Expenses	$6.2M+8.1%	$5.7M+70.6%	$3.4M+74.6%	$1.9M+12.0%	$1.7M+63.9%	$1.1M
SG&A Expenses	$3.6M+2.1%	$3.5M+13.1%	$3.1M+29.7%	$2.4M+4.4%	$2.3M+11.7%	$2.1M
Operating Income	-$11.1M-6.9%	-$10.4M-41.0%	-$7.3M-51.4%	-$4.8M-19.2%	-$4.1M-30.6%	-$3.1M
Interest Expense	$653K+64.1%	$398K+159.1%	$154K+1309.4%	-$13K-351.6%	$5K+18.3%	$4K
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	-$10.4M-4.7%	-$10.0M-38.5%	-$7.2M-50.7%	-$4.8M+38.8%	-$7.8M-98.4%	-$3.9M
EPS (Diluted)	N/A	N/A	$-1.17-46.2%	$-0.80+63.6%	$-2.20	N/A

Metric	Q3'25	Q2'25	Q1'25	Q3'25	Q3'25	Q2'25	Q1'25	Q4'24
Revenue	$24K+1817.6%	$1K-89.4%	$12K	N/A	$554-58.4%	$1K-98.3%	$79K	N/A
Cost of Revenue	$26K+649.8%	$3K-88.7%	$31K	N/A	$2K-91.4%	$17K-74.5%	$68K	N/A
Gross Profit	-$2K+26.5%	-$2K+88.3%	-$19K	N/A	-$957+94.1%	-$16K-257.6%	$10K	N/A
R&D Expenses	$1.8M-5.6%	$1.9M+21.2%	$1.6M	N/A	$1.7M+7.8%	$1.6M+14.3%	$1.4M	N/A
SG&A Expenses	$959K+6.9%	$897K-0.3%	$900K	N/A	$894K-5.6%	$947K+11.0%	$854K	N/A
Operating Income	-$3.0M+3.8%	-$3.1M-11.2%	-$2.8M	N/A	-$2.9M-0.5%	-$2.9M-14.2%	-$2.5M	N/A
Interest Expense	$80K-23.2%	$104K-14.8%	$122K	N/A	$209K-6.5%	$224K+290.7%	$57K	N/A
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	-$2.9M+3.2%	-$3.0M-12.3%	-$2.7M	N/A	-$2.7M-1.1%	-$2.7M-7.8%	-$2.5M	N/A
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

IPWR Balance Sheet

Metric	FY24	FY24	FY23	FY22	FY21	FY20
Total Assets	$19.8M+61.9%	$12.2M-36.9%	$19.4M-25.0%	$25.9M+404.2%	$5.1M-2.5%	$5.3M
Current Assets	$16.3M+78.9%	$9.1M-46.1%	$16.9M-27.9%	$23.4M+580.3%	$3.4M+4.3%	$3.3M
Cash & Equivalents	$15.8M+86.9%	$8.5M-48.2%	$16.3M-29.5%	$23.2M+633.9%	$3.2M+3.3%	$3.1M
Inventory	$96K+18.4%	$81K	$0	N/A	N/A	N/A
Accounts Receivable	$692-99.0%	$70K+6.2%	$66K-71.7%	$233K+37.0%	$170K	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$2.0M-9.9%	$2.2M+46.8%	$1.5M-13.7%	$1.7M+32.6%	$1.3M-5.3%	$1.4M
Current Liabilities	$561K-39.8%	$931K+107.2%	$449K-17.2%	$543K-17.7%	$660K-3.7%	$685K
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$17.9M+77.5%	$10.1M-43.8%	$17.9M-25.8%	$24.1M+530.7%	$3.8M-1.5%	$3.9M
Retained Earnings	-$107.5M-10.7%	-$97.0M-11.4%	-$87.1M-9.0%	-$79.9M-6.3%	-$75.1M-11.6%	-$67.3M

Metric	Q3'25	Q2'25	Q1'25	Q3'25	Q3'25	Q2'25	Q1'25	Q4'24
Total Assets	$12.2M-18.2%	$14.9M-15.0%	$17.6M-11.3%	$19.8M-12.3%	$22.6M-3.5%	$23.4M-2.0%	$23.9M+95.1%	$12.2M
Current Assets	$8.7M-24.1%	$11.4M-19.0%	$14.1M-13.4%	$16.3M-14.3%	$19.0M-7.0%	$20.5M-1.4%	$20.8M+127.9%	$9.1M
Cash & Equivalents	$8.4M-24.4%	$11.1M-18.9%	$13.7M-13.5%	$15.8M-15.1%	$18.7M-7.0%	$20.1M-0.8%	$20.2M+138.8%	$8.5M
Inventory	$65K-15.9%	$77K-13.4%	$89K-7.3%	$96K+60.3%	$60K-24.5%	$80K-27.2%	$109K+34.3%	$81K
Accounts Receivable	$32K+285.3%	$8K-4.2%	$9K+1133.4%	$692-47.8%	$1K-0.4%	$1K-99.0%	$140K+100.0%	$70K
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$2.2M-2.6%	$2.2M+6.9%	$2.1M+4.8%	$2.0M-17.2%	$2.4M+22.3%	$1.9M-10.8%	$2.2M-0.4%	$2.2M
Current Liabilities	$889K-1.7%	$904K+29.9%	$696K+24.1%	$561K-38.1%	$907K+3.0%	$880K-8.2%	$959K+3.0%	$931K
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$10.1M-20.9%	$12.7M-18.0%	$15.5M-13.0%	$17.9M-11.7%	$20.2M-5.8%	$21.5M-1.1%	$21.7M+115.8%	$10.1M
Retained Earnings	-$116.1M-2.6%	-$113.2M-2.8%	-$110.2M-2.5%	-$107.5M-2.5%	-$104.9M-2.6%	-$102.2M-2.7%	-$99.5M-2.5%	-$97.0M

IPWR Cash Flow Statement

Metric	FY24	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	-$8.7M-22.6%	-$7.1M-11.7%	-$6.4M-49.1%	-$4.3M-41.8%	-$3.0M-19.3%	-$2.5M
Capital Expenditures	$197K-18.1%	$241K+31.8%	$183K+312.6%	$44K+217.6%	$14K+227.8%	$4K
Free Cash Flow	-$8.9M-21.3%	-$7.4M-12.3%	-$6.6M-51.8%	-$4.3M-42.6%	-$3.0M-19.7%	-$2.5M
Investing Cash Flow	-$506K+3.2%	-$523K-67.2%	-$313K-32.0%	-$237K-252.8%	-$67K+35.5%	-$104K
Financing Cash Flow	$16.6M+7783.7%	-$216K-69.1%	-$128K-100.5%	$24.5M+670.0%	$3.2M+2.8%	$3.1M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q3'25	Q2'25	Q1'25	Q3'25	Q3'25	Q2'25	Q1'25	Q4'24
Operating Cash Flow	N/A	N/A	-$2.1M	N/A	N/A	N/A	-$1.9M	N/A
Capital Expenditures	N/A	N/A	$11K	N/A	N/A	N/A	$30K	N/A
Free Cash Flow	N/A	N/A	-$2.1M	N/A	N/A	N/A	-$1.9M	N/A
Investing Cash Flow	N/A	N/A	-$70K	N/A	N/A	N/A	-$104K	N/A
Financing Cash Flow	N/A	N/A	-$9K	N/A	N/A	N/A	$13.7M	N/A
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

IPWR Financial Ratios

Metric	FY24	FY24	FY23	FY22	FY21	FY20
Gross Margin	-8.6%-27.8pp	19.2%+19.2pp	0.0%0.0pp	0.0%0.0pp	0.0%	N/A
Operating Margin	-12868.7%-7663.2pp	-5205.4%-1593.0pp	-3612.4%-2771.2pp	-841.3%+108.9pp	-950.2%	N/A
Net Margin	-12109.2%-7104.0pp	-5005.3%-1468.4pp	-3536.9%-2709.3pp	-827.6%+992.9pp	-1820.5%	N/A
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	-52.5%+28.7pp	-81.3%-44.2pp	-37.1%-18.6pp	-18.4%+133.4pp	-151.9%-77.3pp	-74.6%
Current Ratio	29.06+19.3	9.79-27.8	37.62-5.6	43.19+38.0	5.23+0.4	4.82
Debt-to-Equity	0.11-0.1	0.22+0.1	0.08+0.0	0.07-0.3	0.34-0.0	0.35
FCF Margin	-10391.3%-6684.2pp	-3707.1%-476.7pp	-3230.5%-2480.1pp	-750.4%-42.0pp	-708.4%	N/A

Metric	Q3'25	Q2'25	Q1'25	Q3'25	Q3'25	Q2'25	Q1'25	Q4'24
Gross Margin	-6.6%+166.1pp	-172.7%-15.6pp	-157.1%	N/A	-172.7%+1040.1pp	-1212.9%-1225.9pp	13.0%	N/A
Operating Margin	-12353.0%+233960.2pp	-246313.2%-222778.8pp	-23534.4%	N/A	-523399.1%-306568.7pp	-216830.4%-213621.2pp	-3209.3%	N/A
Net Margin	-12027.2%+226150.5pp	-238177.6%-215658.1pp	-22519.6%	N/A	-485622.4%-285617.5pp	-200004.9%-196868.4pp	-3136.5%	N/A
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	-24.1%-3.7pp	-20.3%-5.0pp	-15.4%	N/A	-11.9%-0.5pp	-11.4%-1.0pp	-10.3%	N/A
Current Ratio	9.76-2.9	12.63-7.6	20.26-8.8	29.06+8.1	20.98-2.3	23.26+1.6	21.65+11.9	9.79
Debt-to-Equity	0.21+0.0	0.17+0.0	0.13+0.0	0.110.0	0.12+0.0	0.090.0	0.10-0.1	0.22
FCF Margin	N/A	N/A	-17313.2%	N/A	N/A	N/A	-2419.3%	N/A

Frequently Asked Questions

What is Ideal Pwr Inc's annual revenue?

Ideal Pwr Inc (IPWR) reported $86K in revenue for fiscal year 2024.

How fast is Ideal Pwr Inc's revenue growing?

Ideal Pwr Inc (IPWR) revenue declined by 56.7% year-over-year, from $199K to $86K in fiscal year 2024.

Is Ideal Pwr Inc profitable?

No, Ideal Pwr Inc (IPWR) reported a net income of -$10.4M in fiscal year 2024, with a net profit margin of -12109.2%.

What is Ideal Pwr Inc's EBITDA?

Ideal Pwr Inc (IPWR) had EBITDA of -$10.7M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.

What is Ideal Pwr Inc's gross margin?

Ideal Pwr Inc (IPWR) had a gross margin of -8.6% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.

What is Ideal Pwr Inc's operating margin?

Ideal Pwr Inc (IPWR) had an operating margin of -12868.7% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.

What is Ideal Pwr Inc's net profit margin?

Ideal Pwr Inc (IPWR) had a net profit margin of -12109.2% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.

What is Ideal Pwr Inc's free cash flow?

Ideal Pwr Inc (IPWR) generated -$8.9M in free cash flow during fiscal year 2024, representing cash available after capital expenditures.

What is Ideal Pwr Inc's operating cash flow?

Ideal Pwr Inc (IPWR) generated -$8.7M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

What are Ideal Pwr Inc's total assets?

Ideal Pwr Inc (IPWR) had $19.8M in total assets as of fiscal year 2024, including both current and long-term assets.

What are Ideal Pwr Inc's capital expenditures?

Ideal Pwr Inc (IPWR) invested $197K in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.

How much does Ideal Pwr Inc spend on research and development?

Ideal Pwr Inc (IPWR) invested $6.2M in research and development during fiscal year 2024.

How many shares does Ideal Pwr Inc have outstanding?

Ideal Pwr Inc (IPWR) had 8M shares outstanding as of fiscal year 2024.

What is Ideal Pwr Inc's current ratio?

Ideal Pwr Inc (IPWR) had a current ratio of 29.06 as of fiscal year 2024, which is generally considered healthy.

What is Ideal Pwr Inc's debt-to-equity ratio?

Ideal Pwr Inc (IPWR) had a debt-to-equity ratio of 0.11 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Ideal Pwr Inc's return on assets (ROA)?

Ideal Pwr Inc (IPWR) had a return on assets of -52.5% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.