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
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
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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
DUARTE, Calif., Feb. 14, 2024 (GLOBE NEWSWIRE) -- iPower Inc. (NASDAQ:IPW) ("iPower" or the "Company"), a tech and data-driven online retailer and supplier of consumer home and garden products, as well as a provider of value-added ecommerce services, today announced its financial results for the fiscal second quarter ended December 31, 2023. Fiscal Q2 2024 Results vs. Fiscal Q2 2023 (unless otherwise noted) Total revenue was $16.8 million compared to $19.3 million.Gross profit was $7.3 million compared to $8.0 million, with gross margin up 220 bps to 43.6% compared to 41.4%.Net loss attributable to iPower improved 42% to $1.9 million or $(0.06) per share, compared to net loss attributabl
DUARTE, Calif., Feb. 07, 2024 (GLOBE NEWSWIRE) -- iPower Inc. (NASDAQ:IPW) ("iPower" or the "Company"), a tech and data-driven online retailer and supplier of consumer home and garden products, as well as a provider of value-added ecommerce services, will host a conference call on Wednesday, February 14, 2024 at 4:30 p.m. Eastern time to discuss its financial results for the fiscal second quarter ended December 31, 2023. 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: Wednesday, February 14, 2024Time: 4:30 p.m. Eastern timeDial-in registration link: hereLive webca
- Record Quarterly Revenue, Driven In-Part by Ramp of New SuperSuite Supply Chain Business - - iPower Management to Host Conference Call Today at 4:30 p.m. Eastern Time - DUARTE, Calif., Nov. 14, 2023 (GLOBE NEWSWIRE) -- iPower Inc. (NASDAQ:IPW) ("iPower" or the "Company"), a tech and data-driven online retailer and supplier of consumer home and garden products, as well as a provider of value-added ecommerce services, today announced financial results for its fiscal first quarter ended September 30, 2023. Fiscal Q1 2024 Results vs. Fiscal Q1 2023 (unless otherwise noted) Total revenue increased 2% to $26.5 million compared to the Company's record $26.0 million in Q1 2023.Gross profit i
DUARTE, Calif., Nov. 01, 2023 (GLOBE NEWSWIRE) -- iPower Inc. (NASDAQ:IPW) ("iPower" or the "Company"), a tech and data-driven online retailer and supplier of consumer home and garden products, as well as a provider of value-added ecommerce services, will host a conference call on Tuesday, November 14, 2023 at 4:30 p.m. Eastern time to discuss the financial results for its fiscal first quarter ended September 30, 2023. 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, November 14, 2023Time: 4:30 p.m. Eastern timeDial-in registration link: hereLive webcast r
- Fiscal 2023 Revenue up 12% to Record $88.9 Million, with Cash Flow from Operations of $9.2 Million - - iPower Management to Host Conference Call Today at 4:30 p.m. Eastern Time - DUARTE, Calif, Sept. 14, 2023 (GLOBE NEWSWIRE) -- iPower Inc. (NASDAQ:IPW) ("iPower" or the "Company"), a tech and data-driven online retailer and supplier of consumer home and garden products, as well as a provider of value-added ecommerce services, today announced financial results for its fiscal fourth quarter and full fiscal year ended June 30, 2023. Fiscal Q4 2023 Results vs. Year-Ago Quarter Total revenue increased 6% to $23.4 million as compared to $22.1 million.Gross profit remained flat at $9.1 mil
DUARTE, Calif., Aug. 31, 2023 (GLOBE NEWSWIRE) -- iPower Inc. (NASDAQ:IPW) ("iPower" or the "Company"), a tech and data-driven online retailer and supplier of consumer home and garden products, as well as a provider of value-added ecommerce services, will host a conference call on Thursday, September 14, 2023 at 4:30 p.m. Eastern time to discuss the financial results for its fiscal fourth quarter and full year ended June 30, 2023. 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 14, 2023Time: 4:30 p.m. Eastern timeDial-in registration link: here
DUARTE, Calif., May 15, 2023 (GLOBE NEWSWIRE) -- iPower Inc. (NASDAQ:IPW) ("iPower" or the "Company"), a leading online retailer and supplier of consumer home and garden products, today announced financial results for its fiscal third quarter ended March 31, 2023. Fiscal Q3 2023 Results vs. Year-Ago Quarter (unless otherwise noted) Total revenue was $20.2 million compared to $22.8 million.Gross profit was $7.8 million, with gross margin of 38.5% compared to 40.4%.Net loss attributable to iPower was $1.5 million or $(0.05) per share, compared to net income of $1.2 million or $0.04 per share.As of March 31, 2023, net debt (total debt less cash) was reduced by 42% to $8.2 million compared
DUARTE, Calif., May 03, 2023 (GLOBE NEWSWIRE) -- iPower Inc. (NASDAQ:IPW) ("iPower" or the "Company"), a leading online retailer and supplier of consumer home and garden products, will host a conference call on Monday, May 15, 2023 at 4:30 p.m. Eastern time to discuss the financial results for its fiscal third quarter ended March 31, 2023. 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: Monday, May 15, 2023Time: 4:30 p.m. Eastern timeDial-in registration link: hereLive webcast registration link: here Please dial into the conference call 5-10 minutes prior to the
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RANCHO CUCAMONGA, Calif., June 20, 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 the addition of a new manufacturing partner in Vietnam. This strategic partnership will bring cost advantages to iPower and strengthen the capabilities and resilience of the Company's supply chain. iPower has commenced operations with its Vietnamese manufacturing partner, with the first purchase order already underway. By sourcing products from Vietnam, the Company will lower product costs and significantly redu
RANCHO CUCAMONGA, Calif., June 17, 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 that it has entered into a definitive securities purchase agreement for the purchase and sale of 2,083,334 shares of the Company's common stock (or common stock equivalents) at a purchase price of $2.40 per share of common stock (or common stock equivalent) in a registered direct offering. In a concurrent private placement, the Company will issue warrants to purchase up to 2,083,334 shares of common stock. The wa
RANCHO CUCAMONGA, Calif., June 13, 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 approval as a Temu US seller. This achievement offers another compelling sales channel for iPower's SuperSuite clients and unlocks new opportunities for the Company's supply chain partners. The integration of Temu into the SuperSuite platform introduces a valuable new sales channel, enhancing iPower's value proposition and expanding its existing offerings. Similar to Amazon, Temu features a broad range of pr
RANCHO CUCAMONGA, Calif., June 06, 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 the integration of Amazon Logistics Services into the Company's SuperSuite platform. iPower will leverage Amazon Logistics Services to bolster its last mile delivery capabilities, enhancing a critical component of SuperSuite's comprehensive supply chain offerings. This collaboration will enable SuperSuite clients to deliver products with the speed, reliability, and efficiency that Amazon is renowned for, adding
RANCHO CUCAMONGA, Calif., May 22, 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 a strategic partnership with Western Post (US) LLC, a leading provider of comprehensive logistics solutions ("Western Post"). Through this collaboration, Western Post will integrate its fulfillment center network and real-time tracking and monitoring systems into iPower's SuperSuite supply chain business, enhancing the platform's operational efficiencies and technological capabilities. Western Post's clients wi
RANCHO CUCAMONGA, Calif., May 20, 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 the first anniversary of its SuperSuite supply chain business ("SuperSuite") and key differentiators fueling its transformative growth. "Since its inception in 2023, SuperSuite has emerged as a critical partner for innovative product companies looking to expand their omnichannel presence, enabling them to accelerate their sales growth and brand recognition," said Lawrence Tan, CEO of iPower. "We're pleased with S
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)
DTSS on Track to Achieve Record Revenue for Fiscal 2024 as it Further Penetrates China's $528 Billion 5G Market BEIJING, May 6, 2024 /PRNewswire/ -- Datasea Inc. (NASDAQ:DTSS) ("Datasea" or the "Company"), a digital technology company incorporated in Nevada and engaged in innovative business segments for acoustic high tech and 5G-AI multimodal communication technology in China, pre-announced estimated revenue of approximately $12.5 million for the month of April 2024. This revenue, which is mainly attributable to Datasea's 5G multimodal communication business, supports the Company's revenue previously announced guidance of $86 million for its full fiscal year, representing a 1,128% year-ove
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
BEIJING, April 22, 2024 /PRNewswire/ -- Datasea Inc. (NASDAQ:DTSS) ("Datasea" or the "Company"), a trailblazing digital technology company incorporated in Nevada, dedicated to innovative solutions in acoustic high tech and 5G-Artificial Intelligence ("AI") multimodal communication technology in the United States and China, today announced that has announced its entry into a Framework Agreement with iPower Inc. (NASDAQ:IPW) for Product Cooperation, marking the commencement of a joint effort to bolster product distribution within the US online market. "The partnership between Da
Roth MKM analyst Scott Fortune maintains iPower (NASDAQ:IPW) with a Buy and raises the price target from $1.25 to $2.75.
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