iPower Inc. supplies hydroponics equipment online in the United States. It offers various products, including advanced indoor and greenhouse grow-light systems, ventilation systems, activated carbon filters, nutrients, growing media, hydroponic water-resistant grow tents, trimming machines, pumps, and accessories for hydroponic gardening, as well as other indoor and outdoor growing products under the iPower and Simple Deluxe brands through its Zenhydro.com website and various third-party e-commerce channels. The company was formerly known as BZRTH Inc. and changed its name to iPower Inc. in September 2020. iPower Inc. was founded in 2018 and is based in Duarte, California.
IPO Year: 2021
Exchange: NASDAQ
Website: meetipower.com
RANCHO CUCAMONGA, Calif., June 17, 2025 (GLOBE NEWSWIRE) -- iPower Inc. (NASDAQ:IPW) ("iPower" or the "Company"), a technology-driven eCommerce and supply chain platform, today announced a major strategic shift approved by its Board of Directors. The Company intends to reposition itself as a crypto treasury and blockchain infrastructure services company, with an initial and central emphasis on building a Bitcoin treasury strategy as a foundational component of its future growth. As part of this transformation, iPower intends to start accumulating Bitcoin as a treasury reserve asset, with the aim of creating a long-term store of value and serving as a key element in enhancing iPower's fina
RANCHO CUCAMONGA, Calif., June 10, 2025 (GLOBE NEWSWIRE) -- iPower Inc. (NASDAQ:IPW) ("iPower" or the "Company"), a tech and data-driven eCommerce service provider and online retailer, today announced a strategic partnership with Borg Rise U.S., a dynamic and fast-growing player in digital content and social media commerce. This partnership marks a key milestone in iPower's strategy to expand its omnichannel presence through influencer-driven and content-based sales models across platforms like TikTok, Instagram, and YouTube. Borg Rise U.S., with its strong network of content creators, livestreaming infrastructure, and experience in cross-border digital commerce, will collaborate with i
RANCHO CUCAMONGA, Calif., June 09, 2025 (GLOBE NEWSWIRE) -- iPower Inc. (NASDAQ:IPW) ("iPower" or the "Company"), a tech and data-driven ecommerce services provider and online retailer, today announced that it has made a deposit payment to initiate the production of a new, fully integrated equipment line as part of its broader U.S.-based manufacturing strategy under the "Made in USA" module of its SuperSuite platform. This payment secures the start of equipment production for iPower's new joint venture, United Package NV LLC ("United Package"), and represents a key milestone in reshoring strategic manufacturing capabilities. The equipment is expected to complete production within two mont
RANCHO CUCAMONGA, Calif., June 06, 2025 (GLOBE NEWSWIRE) -- iPower Inc. (NASDAQ:IPW) ("iPower" or the "Company"), a tech and data-driven ecommerce services provider and online retailer, today announced the formation of United Package NV LLC ("United Package"), a new joint venture ("JV") that marks the first full-scale implementation of its "Made in USA" module within the Company's proprietary SuperSuite Supply Chain Platform. This milestone represents iPower's commitment to building a resilient, localized manufacturing infrastructure in the United States. United Package will focus on the domestic production of packaging materials to serve the rapidly growing demands of U.S. businesses see
RANCHO CUCAMONGA, Calif., May 15, 2025 (GLOBE NEWSWIRE) -- iPower Inc. (NASDAQ:IPW) ("iPower" or the "Company"), a tech and data-driven ecommerce services provider and online retailer, today announced its financial results for the fiscal third quarter ended March 31, 2025. Fiscal Q3 2025 Results vs. Year-Ago Quarter Total revenue was $16.6 million compared to $23.3 million.Gross profit was $7.2 million compared to $10.4 million, with gross margin of 43.3% compared to 44.5%.Net loss attributable to iPower was $0.3 million or $(0.01) per share, compared to net income attributable to iPower of $1.0 million or $0.03 per share.As of March 31, 2025, total debt was reduced by 43% to $3.6 millio
RANCHO CUCAMONGA, Calif., May 14, 2025 (GLOBE NEWSWIRE) -- iPower Inc. (NASDAQ:IPW) ("iPower" or the "Company"), a tech and data-driven ecommerce services provider and online retailer, today announced the launch of a new strategic initiative under its SuperSuite supply chain platform aimed at advancing domestic manufacturing and assembly capabilities in the United States. SuperSuite's "Made In USA" module is designed to facilitate the establishment and expansion of domestic manufacturing lines by offering comprehensive support in areas such as legal and regulatory compliance, facility sourcing and setup, local management and labor sourcing, funding opportunities, and access to both online
RANCHO CUCAMONGA, Calif., May 01, 2025 (GLOBE NEWSWIRE) -- iPower Inc. (NASDAQ:IPW) ("iPower" or the "Company"), a tech and data-driven ecommerce services provider and online retailer, will host a conference call on Thursday, May 15, 2025 at 4:30 p.m. Eastern time to discuss its financial results for the fiscal third quarter ended March 31, 2025. The Company's results will be reported in a press release prior to the call. iPower management will host the conference call, followed by a question-and-answer period. Date: Thursday, May 15, 2025Time: 4:30 p.m. Eastern timeDial-in registration link: hereLive webcast registration link: here Please dial into the conference call 5-10 minutes prio
RANCHO CUCAMONGA, Calif., March 14, 2025 (GLOBE NEWSWIRE) -- iPower Inc. (NASDAQ:IPW) ("iPower" or the "Company"), a tech and data-driven ecommerce services provider and online retailer, today announced its participation at the 37th Annual Roth Conference, which is taking place at the Laguna Cliffs Marriot Hotel in Dana Point, California on March 16-18, 2025. iPower will host one-on-one meetings throughout the day on Monday, March 17, 2025. For additional information about the conference, or to schedule one-on-one meetings with the Company's management team, please contact Elevate IR at [email protected]. About iPower Inc. iPower Inc. is a tech and data-driven online retailer
RANCHO CUCAMONGA, Calif., March 13, 2025 (GLOBE NEWSWIRE) -- iPower Inc. (NASDAQ:IPW) ("iPower" or the "Company"), a tech and data-driven ecommerce services provider and online retailer, today announced its SuperSuite supply chain business ("SuperSuite") has achieved a significant growth milestone as it now accounts for approximately 20% of the Company's total revenue mix. "Our ability to scale SuperSuite to approximately 20% of our total revenue mix is a testament to the growing demand for our comprehensive supply chain offerings," said Lawrence Tan, CEO of iPower. "SuperSuite's rapid growth reinforces our position as a trusted partner for innovative product companies seeking to expand t
Fiscal Q2 Revenue up 14% to $19.1 Million Achieves GAAP Profitability and Positive Cash Flow from Operations RANCHO CUCAMONGA, Calif., Feb. 13, 2025 (GLOBE NEWSWIRE) -- iPower Inc. (NASDAQ:IPW) ("iPower" or the "Company"), a tech and data-driven ecommerce services provider and online retailer, today announced its financial results for the fiscal second quarter ended December 31, 2024. Fiscal Q2 2025 Results vs. Year-Ago Quarter Total revenue increased 14% to $19.1 million.Gross profit increased 15% to $8.4 million, with gross margin up 40 bps to 44.0%.Net income attributable to iPower improved to $0.2 million or $0.01 per share, compared to net loss attributable to iPower of $1.9 mill
RANCHO CUCAMONGA, Calif., May 15, 2025 (GLOBE NEWSWIRE) -- iPower Inc. (NASDAQ:IPW) ("iPower" or the "Company"), a tech and data-driven ecommerce services provider and online retailer, today announced its financial results for the fiscal third quarter ended March 31, 2025. Fiscal Q3 2025 Results vs. Year-Ago Quarter Total revenue was $16.6 million compared to $23.3 million.Gross profit was $7.2 million compared to $10.4 million, with gross margin of 43.3% compared to 44.5%.Net loss attributable to iPower was $0.3 million or $(0.01) per share, compared to net income attributable to iPower of $1.0 million or $0.03 per share.As of March 31, 2025, total debt was reduced by 43% to $3.6 millio
RANCHO CUCAMONGA, Calif., May 01, 2025 (GLOBE NEWSWIRE) -- iPower Inc. (NASDAQ:IPW) ("iPower" or the "Company"), a tech and data-driven ecommerce services provider and online retailer, will host a conference call on Thursday, May 15, 2025 at 4:30 p.m. Eastern time to discuss its financial results for the fiscal third quarter ended March 31, 2025. The Company's results will be reported in a press release prior to the call. iPower management will host the conference call, followed by a question-and-answer period. Date: Thursday, May 15, 2025Time: 4:30 p.m. Eastern timeDial-in registration link: hereLive webcast registration link: here Please dial into the conference call 5-10 minutes prio
Fiscal Q2 Revenue up 14% to $19.1 Million Achieves GAAP Profitability and Positive Cash Flow from Operations RANCHO CUCAMONGA, Calif., Feb. 13, 2025 (GLOBE NEWSWIRE) -- iPower Inc. (NASDAQ:IPW) ("iPower" or the "Company"), a tech and data-driven ecommerce services provider and online retailer, today announced its financial results for the fiscal second quarter ended December 31, 2024. Fiscal Q2 2025 Results vs. Year-Ago Quarter Total revenue increased 14% to $19.1 million.Gross profit increased 15% to $8.4 million, with gross margin up 40 bps to 44.0%.Net income attributable to iPower improved to $0.2 million or $0.01 per share, compared to net loss attributable to iPower of $1.9 mill
RANCHO CUCAMONGA, Calif., Jan. 30, 2025 (GLOBE NEWSWIRE) -- iPower Inc. (NASDAQ:IPW) ("iPower" or the "Company"), a tech and data-driven ecommerce services provider and online retailer, will host a conference call on Thursday, February 13, 2025 at 4:30 p.m. Eastern time to discuss its financial results for the fiscal second quarter ended December 31, 2024. The Company's results will be reported in a press release prior to the call. iPower management will host the conference call, followed by a question-and-answer period. Date: Thursday, February 13, 2025Time: 4:30 p.m. Eastern timeDial-in registration link: hereLive webcast registration link: here Please dial into the conference call 5-
RANCHO CUCAMONGA, Calif., Nov. 14, 2024 (GLOBE NEWSWIRE) -- iPower Inc. (NASDAQ:IPW) ("iPower" or the "Company"), a tech and data-driven ecommerce services provider and online retailer, today announced its financial results for the fiscal first quarter ended September 30, 2024. Fiscal Q1 2025 Results vs. Year-Ago Quarter Total revenue was $19.0 million compared to $26.5 million.Gross profit was $8.5 million compared to $11.8 million, with gross margin up 30 bps to 44.7%.Net loss attributable to iPower was $2.0 million or $(0.06) per share, compared to net loss attributable to iPower of $1.3 million or $(0.04) per share.As of September 30, 2024, total debt was reduced by 45% to $3.5 milli
RANCHO CUCAMONGA, Calif., Nov. 06, 2024 (GLOBE NEWSWIRE) -- iPower Inc. (NASDAQ:IPW) ("iPower" or the "Company"), a tech and data-driven ecommerce services provider and online retailer, will host a conference call on Thursday, November 14, 2024 at 4:30 p.m. Eastern time to discuss its financial results for the fiscal first quarter ended September 30, 2024. The Company's results will be reported in a press release prior to the call. iPower management will host the conference call, followed by a question-and-answer period. Date: Thursday, November 14, 2024Time: 4:30 p.m. Eastern timeDial-in registration link: hereLive webcast registration link: here Please dial into the conference call 5-
Optimization Initiatives Drive Material Gross Margin Expansion and Second Consecutive Quarter of Profitability iPower Management to Host Conference Call Today at 4:30 p.m. Eastern Time RANCHO CUCAMONGA, Calif., Sept. 19, 2024 (GLOBE NEWSWIRE) -- iPower Inc. (NASDAQ:IPW) ("iPower" or the "Company"), a tech and data-driven online retailer and supplier of consumer home, pet and garden products, as well as a provider of value-added ecommerce services, today announced its financial results for the fiscal fourth quarter and full fiscal year ended June 30, 2024. Fiscal Q4 2024 Results vs. Year-Ago Quarter Total revenue was $19.5 million compared to $23.4 million.Gross profit increased 2% to
RANCHO CUCAMONGA, Calif., Sept. 10, 2024 (GLOBE NEWSWIRE) -- iPower Inc. (NASDAQ:IPW) ("iPower" or the "Company"), a tech and data-driven online retailer and supplier of consumer home, pet and garden products, as well as a provider of value-added ecommerce services, will host a conference call on Thursday, September 19, 2024 at 4:30 p.m. Eastern time to discuss its financial results for the fiscal fourth quarter and full fiscal year ended June 30, 2024. The Company's results will be reported in a press release prior to the call. iPower management will host the conference call, followed by a question-and-answer period. Date: Thursday, September 19, 2024Time: 4:30 p.m. Eastern timeDial-in
Fiscal Q3 Revenue up 15% to $23.3 Million Driven In-Part byAccelerated Growth of iPower SuperSuite Business Gross Margin Expansion and Improved Operating LeverageEnables Return to Profitability Strong Fiscal Q3 Performance Lays Foundation for Further Growth and Profitability DUARTE, Calif., May 14, 2024 (GLOBE NEWSWIRE) -- iPower Inc. (NASDAQ:IPW) ("iPower" or the "Company"), a tech and data-driven online retailer and supplier of consumer home, pet and garden products, as well as a provider of value-added ecommerce services, today announced its financial results for the fiscal third quarter ended March 31, 2024. Fiscal Q3 2024 Results vs. Fiscal Q3 2023 (unless otherwise noted)
RANCHO CUCAMONGA, Calif., April 29, 2024 (GLOBE NEWSWIRE) -- iPower Inc. (NASDAQ:IPW) ("iPower" or the "Company"), a tech and data-driven online retailer and supplier of consumer home, pet and garden products, as well as a provider of value-added ecommerce services, will host a conference call on Tuesday, May 14, 2024 at 4:30 p.m. Eastern time to discuss its financial results for the fiscal third quarter ended March 31, 2024. The Company's results will be reported in a press release prior to the call. iPower management will host the conference call, followed by a question-and-answer period. Date: Tuesday, May 14, 2024Time: 4:30 p.m. Eastern timeDial-in registration link: hereLive webcast
Roth Capital initiated coverage of iPower with a rating of Buy and set a new price target of $9.00
DA Davidson initiated coverage of iPower with a rating of Buy and set a new price target of $10.00
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