Ipower Inc Stock Price, News & Analysis

iPower (Nasdaq: IPW), a tech and data-driven ecommerce services provider and online retailer, has announced its participation in the 37th Annual Roth Conference. The event will be held at the Laguna Cliffs Marriot Hotel in Dana Point, California from March 16-18, 2025.

The company will conduct one-on-one meetings throughout March 17, 2025. Interested parties can schedule meetings with iPower's management team by contacting Elevate IR.

iPower Inc. (Nasdaq: IPW) announced that its SuperSuite supply chain business has reached a significant milestone, now representing approximately 20% of the company's total revenue mix. SuperSuite provides comprehensive supply chain solutions, including access to major U.S. online channels like Amazon.com, Walmart.com, Temu, TikTok Shop, and others.

The company has expanded its national fulfillment network through new logistics partnerships. SuperSuite's offerings include:

• Access to major online marketplaces and offline big-box retailers
• Strategically located fulfillment centers
• Proprietary business intelligence platform
• Data-driven insights for strategic decision-making

The platform operates as an open ecosystem for value-added partners in logistics, technology, and marketing services, positioning SuperSuite for future growth and expansion.

iPower (Nasdaq: IPW) reported strong fiscal Q2 2025 results with revenue increasing 14% to $19.1 million. The company achieved significant improvements across key metrics, including a 15% increase in gross profit to $8.4 million and gross margin expansion of 40 basis points to 44.0%.

The company turned profitable with net income of $0.2 million ($0.01 per share), compared to a net loss of $1.9 million in the year-ago period. Total operating expenses decreased 22% to $7.7 million. iPower reduced its total debt by 31% to $4.4 million from $6.3 million as of June 30, 2024.

Growth was primarily driven by the company's SuperSuite supply chain offerings and increased product sales to its largest channel partner. The company has discontinued its legacy commercial hydroponics business to focus on its core competency as a data-driven consumer products and services company.

iPower (Nasdaq: IPW), a tech and data-driven ecommerce services provider and online retailer, has announced its upcoming fiscal second quarter 2025 earnings conference call scheduled for February 13, 2025, at 4:30 p.m. Eastern time. The company will release its financial results for the quarter ended December 31, 2024, via press release before the call. Management will host the conference call followed by a Q&A session. Participants are advised to dial in 5-10 minutes before the start time. The call will also be available via live webcast and for replay in the Events & Presentations section of iPower's website.

iPower Inc. (Nasdaq: IPW) has announced its participation in the upcoming Water Tower Research Fireside Chat Series. The virtual event will take place on Wednesday, December 11, 2024, at 2:00 p.m. ET, featuring Chief Financial Officer Kevin Vassily in discussion with Water Tower Research Managing Director Thierry Wuilloud.

The fireside chat will focus on three key areas: the baseline end user demand for iPower's proprietary products, recent margin performance and trends, and an update on the Company's SuperSuite Supply Chain Business. The event is open for registration, with investor relations support available for any technical issues.

iPower Inc (Nasdaq: IPW) reported fiscal Q1 2025 results with revenue of $19.0 million, down from $26.5 million year-over-year. Gross profit decreased to $8.5 million from $11.8 million, though gross margin improved 30 bps to 44.7%. The company reported a net loss of $2.0 million or $(0.06) per share, compared to a loss of $1.3 million or $(0.04) per share last year. Notable achievements include launching on AliExpress, expanding the SuperSuite supply chain business, and reducing total debt by 45% to $3.5 million. The company also launched a new SaaS platform to enhance supplier interactions and streamline operations.

iPower has renewed its secured revolving credit facility with JPMorgan Chase, extending the maturity to November 2027. The new facility provides a $15.0 million revolving commitment with an accordion feature allowing potential increase up to $40.0 million. The interest rate will be based on SOFR plus 2.25% - 2.50%. The company views this renewal as validation of their strategy and expects it to support their growth initiatives, particularly in their SuperSuite supply chain business.

iPower (Nasdaq: IPW), a tech and data-driven ecommerce services provider, has scheduled its fiscal first quarter 2025 earnings conference call for November 14, 2024, at 4:30 p.m. ET. The company will release its financial results for the quarter ended September 30, 2024, via press release before the call. Management will host the conference call followed by a Q&A session. The event will be accessible via dial-in and webcast, with replay available in the Events & Presentations section of iPower's website.

iPower Inc. (NASDAQ: IPW), a tech and data-driven ecommerce services provider and online retailer, is set to participate in the 17th annual LD Micro Main Event XVII. The event will take place at the Luxe Sunset Boulevard Hotel in Los Angeles, California from October 28-30, 2024.

iPower's presentation is scheduled for Wednesday, October 30 at 1:30 PM PT. The company will also host one-on-one meetings throughout the day. Interested parties can view the live presentation by registering online. For additional information or to schedule a meeting with iPower's management team, attendees can contact their LD Micro representative or email iPower's investor relations team at IPW@elevate-ir.com.