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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
4 - iPower Inc. (0001830072) (Issuer)
4 - iPower Inc. (0001830072) (Issuer)
8-K - iPower Inc. (0001830072) (Filer)
8-K - iPower Inc. (0001830072) (Filer)
8-K - iPower Inc. (0001830072) (Filer)
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
4 - iPower Inc. (0001830072) (Issuer)
4 - iPower Inc. (0001830072) (Issuer)
4 - iPower Inc. (0001830072) (Issuer)
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