iPower Inc. is 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 for third-party products and brands. iPower offers thousands of stock keeping units from its in-house brands as well as hundreds of other brands through its ecommerce channel partners and its websites, www.zenhydro.com and www.simpledeluxe.com. iPower has a diverse customer base that includes both commercial businesses and individuals. For more information, please visit iPower's website at www.meetipower.com.
Company profile
Ticker
IPW
Exchange
Website
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
E Marketing Solutions Inc. • Global Products Marketing Inc. • Anivia Limited ...
IRS number
825144171
IPW stock data
Latest filings (excl ownership)
PRE 14A
Preliminary proxy
12 Apr 24
8-K
Entry into a Material Definitive Agreement
9 Apr 24
8-K
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard
22 Feb 24
10-Q
2024 Q2
Quarterly report
14 Feb 24
8-K
Results of Operations and Financial Condition
14 Feb 24
8-K
Results of Operations and Financial Condition
7 Feb 24
8-K
Departure of Directors or Certain Officers
1 Dec 23
S-8 POS
Registration of securities for employees (post-effective amendment)
22 Nov 23
8-K
Results of Operations and Financial Condition
14 Nov 23
10-Q
2024 Q1
Quarterly report
14 Nov 23
Transcripts
IPW
Earnings call transcript
2024 Q2
14 Feb 24
IPW
Earnings call transcript
2024 Q1
14 Nov 23
IPW
Earnings call transcript
2023 Q4
14 Sep 23
IPW
Earnings call transcript
2023 Q3
15 May 23
IPW
Earnings call transcript
2023 Q2
14 Feb 23
IPW
Earnings call transcript
2023 Q1
14 Nov 22
IPW
Earnings call transcript
2022 Q4
27 Sep 22
IPW
Earnings call transcript
2022 Q3
16 May 22
IPW
Earnings call transcript
2022 Q2
15 Feb 22
IPW
Earnings call transcript
2022 Q1
11 Nov 21
Latest ownership filings
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Change in cash | |||||
Diluted EPS |
Annual (USD) | Jun 23 | Jun 22 | Jun 21 | |
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Revenue | ||||
Cost of revenue | ||||
Operating income | ||||
Operating margin | ||||
Net income | ||||
Net profit margin | ||||
Cash on hand | ||||
Change in cash | ||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 2.73 mm | 2.73 mm | 2.73 mm | 2.73 mm | 2.73 mm | 2.73 mm |
Cash burn (monthly) | 335.49 k | 176.08 k | 521.74 k | 966.65 k | (no burn) | (no burn) |
Cash used (since last report) | 2.24 mm | 1.18 mm | 3.49 mm | 6.46 mm | n/a | n/a |
Cash remaining | 486.70 k | 1.55 mm | -758.22 k | -3.73 mm | n/a | n/a |
Runway (months of cash) | 1.5 | 8.8 | -1.5 | -3.9 | n/a | n/a |
Institutional ownership, Q2 2023
2.6% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 7 |
Opened positions | 2 |
Closed positions | 2 |
Increased positions | 1 |
Reduced positions | 2 |
13F shares | Current |
---|---|
Total value | 858.81 mm |
Total shares | 781.10 k |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 430.51 k | $473.56 mm |
Chico Wealth RIA | 250.00 k | $275.00 mm |
Geode Capital Management | 74.14 k | $81.55 mm |
Two Sigma Securities | 18.93 k | $20.82 mm |
Tower Research Capital | 6.15 k | $6.77 mm |
BLK Blackrock | 1.02 k | $1.12 mm |
RY Royal Bank Of Canada | 358.00 | $0.00 |
Proequities | 0.00 | $0.00 |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
19 Jul 23 | Bennet Price Tchaikovsky JR | COMMON STOCK | Grant | Acquire A | No | No | 0 | 24,800 | 0.00 | 55,600 |
19 Jul 23 | Kevin Liles | COMMON STOCK | Grant | Acquire A | No | No | 0 | 24,800 | 0.00 | 55,600 |
2 Jun 23 | Kevin Vassily | Common Stock | Buy | Acquire P | No | No | 0.68 | 5,000 | 3.40 k | 22,000 |
1 Jun 23 | Kevin Vassily | Common Stock | Buy | Acquire P | No | No | 0.679 | 5,000 | 3.40 k | 17,000 |
1 Jun 23 | Chenlong Tan | Common Stock | Buy | Acquire P | No | No | 0.679 | 10,000 | 6.79 k | 8,043,334 |
31 May 23 | Chenlong Tan | Common Stock | Buy | Acquire P | No | No | 0.656 | 10,000 | 6.56 k | 8,033,334 |
19 Apr 23 | Hanxi Li | COMMON STOCK | Grant | Acquire A | No | No | 0 | 51,724 | 0.00 | 64,940 |
News
12 Industrials Stocks Moving In Thursday's Intraday Session
18 Apr 24
12 Industrials Stocks Moving In Thursday's Pre-Market Session
18 Apr 24
12 Industrials Stocks Moving In Friday's Intraday Session
5 Apr 24
12 Industrials Stocks Moving In Wednesday's Intraday Session
3 Apr 24
12 Industrials Stocks Moving In Wednesday's Intraday Session
28 Feb 24
Press releases
iPower to Participate in the Water Tower Research Fireside Chat Series on April 18
15 Apr 24
iPower to Participate in the Water Tower Research Fireside Chat Series on February 28
26 Feb 24
iPower Reports Fiscal Second Quarter 2024 Results
14 Feb 24
iPower Schedules Fiscal Second Quarter 2024 Conference Call for February 14, 2024 at 4:30 p.m. ET
7 Feb 24