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)
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. 13, 2024 (GLOBE NEWSWIRE) -- iPower Inc. (NASDAQ:IPW) ("iPower" or the "Company"), a tech and data-driven ecommerce services provider and online retailer, today announced the renewal of its secured revolving credit facility with JPMorgan Chase, extending the maturity by three years to November 2027. The new facility has a revolving commitment of $15.0 million, with an accordion feature to obtain additional lender commitments to increase the facility size up to $40.0 million in the aggregate. Under the new agreement, the interest on borrowings will be based on SOFR plus 2.25% - 2.50%. "We are pleased to renew our credit facility with a leading instit
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-
RANCHO CUCAMONGA, Calif., Oct. 16, 2024 (GLOBE NEWSWIRE) -- iPower Inc. (NASDAQ:IPW) ("iPower" or the "Company"), a tech and data-driven ecommerce services provider and online retailer, today announced the successful shipment of its first purchase order (PO) from Vietnam in September. This marks a significant milestone in iPower's ongoing strategy to diversify its supply chain and expand its global reach. Building on its previous engagements with manufacturers in Vietnam, iPower is now realizing the first tangible outcomes of this collaboration. The initial PO was shipped in September, with additional shipments scheduled for this month and continuing thereafter. By diversifying the Compan
RANCHO CUCAMONGA, Calif., Oct. 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 the expansion of SuperSuite's U.S. sales channels with its launch on AliExpress. This addition further expands the Company's reach and provides supply chain partners access to another major U.S. marketplace. AliExpress joins iPower's growing list of U.S. sales channels, which includes platforms such as Amazon Vendor, Amazon 3P, Walmart.com, Temu, TikTok Shop, and several others. AliExpress, known for its wide range of consumer products, offers iPower's supply chain partners an additional op
RANCHO CUCAMONGA, Calif., Oct. 03, 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 partnership with Zyla, a multi-currency financial account service offered by Ant International. This collaboration enables Zyla's clients to expand their sales on major U.S. online marketplaces through iPower's SuperSuite platform. The Company's partnership with Zyla is the first step towards a potential collaboration of supply chain financial services integrated within iPower's SuperSuite platform, enhancing the value and comprehensive support provided to its supply chain partners. Thr
RANCHO CUCAMONGA, Calif., Oct. 01, 2024 (GLOBE NEWSWIRE) -- iPower Inc. (NASDAQ:IPW) ("iPower" or the "Company"), a tech and data-driven online retailer, as well as a provider of value-added ecommerce services, today announced the launch of its SuperSuite Supplier Portal. This new online platform is a pivotal part of iPower's SuperSuite services, enhancing operational efficiency and fostering seamless collaboration with its supply chain partners. The SuperSuite Supplier Portal is designed to streamline interactions between suppliers and iPower by offering a comprehensive backend platform that enables suppliers to: Improve Operational Efficiency: The portal automates various tasks, al
The Total Value of 5G-AI Contracts Currently in Process Exceeds $100 MM BEIJING, Sept. 26, 2024 /PRNewswire/ -- Datasea Inc. (NASDAQ:DTSS) ("Datasea" or the "Company"), a Nevada-based digital technology company focused on innovative high-tech intelligent acoustics and 5G AI multimodal digital technology, today announced the Company's financial results for its fiscal year ended June 30, 2024, and provided an update on its strategic initiatives. Fiscal Year 2024 Financial Highlights Revenue. For the fiscal year ended June 30, 2024, Datasea reported revenue of approximately $24.0 million, an increase of approximately $20.4 million, or approximately 558.6%, as compared to compared to approxima
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
10-Q - iPower Inc. (0001830072) (Filer)
8-K - iPower Inc. (0001830072) (Filer)
8-K - iPower Inc. (0001830072) (Filer)
424B3 - iPower Inc. (0001830072) (Filer)
10-K - iPower Inc. (0001830072) (Filer)
8-K - iPower Inc. (0001830072) (Filer)
8-K - iPower Inc. (0001830072) (Filer)
EFFECT - iPower Inc. (0001830072) (Filer)
424B3 - iPower Inc. (0001830072) (Filer)
S-1/A - iPower Inc. (0001830072) (Filer)
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
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
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
4 - iPower Inc. (0001830072) (Issuer)
4 - iPower Inc. (0001830072) (Issuer)
4 - iPower Inc. (0001830072) (Issuer)
4 - iPower Inc. (0001830072) (Issuer)
4 - iPower Inc. (0001830072) (Issuer)
4 - iPower Inc. (0001830072) (Issuer)
4 - iPower Inc. (0001830072) (Issuer)
4 - iPower Inc. (0001830072) (Issuer)
4 - iPower Inc. (0001830072) (Issuer)
4 - iPower Inc. (0001830072) (Issuer)
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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