Symbols / IPW $1.39 +2.96% iPower Inc.

Consumer Cyclical • Internet Retail • United States • NCM
IPW Chart
About

iPower Inc. operates as an online retailer and supplier of consumer home, pet, garden, outdoor, and consumer electronics products for commercial and home cultivators growing specialty crops, and home goods customers in the United States. The company offers grow light systems; advanced heating, ventilation, and air conditioning systems; water pumps, heaters, chillers, and filters; nutrient and fertilizer delivery systems; and various growing media products made from soil, rock wool or coconut fiber, and others. It also provides general gardening products, including environmental sensors, controls, and nutrients; and home products, which comprise commercial fans, floor and wall fans, storage and shelving units, and chairs. The company sells its products under the iPower, Simple Deluxe, and other brand names through zenhydro.com, simpledeluxe.com, and various third-party online platforms. Additionally, the company engages in the manufacturing of packaging solutions. The company was formerly known as BZRTH Inc. and changed its name to iPower Inc. in September 2020. iPower Inc. was incorporated in 2018 and is based in Rancho Cucamonga, California.

Fundamentals
Scroll to Statements
Sector Consumer Cyclical Industry Internet Retail Market Cap 1.84M
Enterprise Value 10.28M Income -4.88M Sales 47.21M
Book/sh 16.67 Cash/sh 1.52 Dividend Yield —
Payout 0.00% Employees 10 IPO —
P/E — Forward P/E 23.17 PEG —
P/S 0.04 P/B 0.08 P/C —
EV/EBITDA -1.44 EV/Sales 0.22 Quick Ratio 0.90
Current Ratio 1.83 Debt/Eq 58.70 LT Debt/Eq —
EPS (ttm) -4.67 EPS next Y 0.06 EPS Growth —
Revenue Growth -62.60% Earnings 2026-05-14 ROA -12.74%
ROE -24.63% ROIC — Gross Margin 42.49%
Oper. Margin -34.18% Profit Margin -10.35% Shs Outstand 1.32M
Shs Float 704.21K Short Float 24.21% Short Ratio 0.50
Short Interest — 52W High 34.65 52W Low 1.22
Beta 3.57 Avg Volume 439.70K Volume 291.62K
Target Price — Recom None Prev Close $1.35
Price $1.39 Change 2.96%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
—
Mean price target
2. Current target
$1.39
Latest analyst target
3. DCF / Fair value
$4.75
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$1.39
Low
—
High
—
Mean
—

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2024-06-25 main Roth MKM Buy → Buy $3
2024-05-15 main Roth MKM Buy → Buy $1
2021-06-07 init Roth Capital — → Buy $9
2021-06-07 init DA Davidson — → Buy $10
News
RSS: Latest IPW news
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2025-11-12 TAN CHENLONG Chief Executive Officer — 81,136 $0.00 $0
2024-11-26 TAN CHENLONG Chief Executive Officer — 10,000 $0.68 $6,850
2024-08-08 TCHAIKOVSKY BENNET PRICE JR Director — 23,809 — —
2024-08-08 LILES KEVIN Director — 23,809 — —
2024-08-08 LI HANXI Director — 23,809 — —
2024-05-21 TAN CHENLONG Chief Executive Officer — 20,000 $1.54 $30,900
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2024-06-30 2023-06-30 2022-06-30 2021-06-30
Total Revenue
86.07
-3.18%
88.90
+11.94%
79.42
+46.86%
54.08
Operating Revenue
86.07
-3.18%
88.90
+11.94%
79.42
+46.86%
54.08
Cost Of Revenue
47.95
-11.38%
54.10
+17.06%
46.22
+47.86%
31.26
Reconciled Cost Of Revenue
47.95
-11.38%
54.10
+17.06%
46.22
+47.86%
31.26
Gross Profit
38.12
+9.55%
34.80
+4.81%
33.20
+45.50%
22.82
Operating Expense
39.08
-13.57%
45.22
+46.40%
30.89
+55.54%
19.86
Selling General And Administration
39.08
-13.57%
45.22
+46.40%
30.89
+55.54%
19.86
Selling And Marketing Expense
26.96
-16.85%
32.43
+69.07%
19.18
+42.36%
13.47
General And Administrative Expense
12.12
-5.25%
12.79
+9.27%
11.71
+83.38%
6.38
Other Gand A
12.12
-5.25%
12.79
+9.27%
11.71
+83.38%
6.38
Total Expenses
87.03
-12.37%
99.33
+28.82%
77.11
+50.85%
51.12
Operating Income
-0.96
+90.76%
-10.42
-550.84%
2.31
-21.91%
2.96
Total Operating Income As Reported
-0.96
+92.86%
-13.48
-683.19%
2.31
-21.91%
2.96
EBITDA
1.51
+114.77%
-10.19
-463.93%
2.80
-5.82%
2.97
Normalized EBITDA
1.51
+121.11%
-7.13
-354.63%
2.80
+0.09%
2.80
Reconciled Depreciation
2.51
-26.46%
3.41
+1127.79%
0.28
+2198.60%
0.01
EBIT
-1.00
+92.62%
-13.60
-639.35%
2.52
-14.82%
2.96
Total Unusual Items
0.00
+100.00%
-3.06
0.00
-100.00%
0.18
Total Unusual Items Excluding Goodwill
0.00
+100.00%
-3.06
0.00
-100.00%
0.18
Special Income Charges
0.00
+100.00%
-3.06
0.00
-100.00%
0.18
Other Special Charges
—
—
—
-0.18
Impairment Of Capital Assets
0.00
-100.00%
3.06
0.00
—
Net Income
-1.53
+87.23%
-11.97
-888.30%
1.52
+295.67%
-0.78
Pretax Income
-1.79
+87.78%
-14.67
-810.77%
2.06
+23062.26%
-0.01
Net Non Operating Interest Income Expense
-0.79
+26.06%
-1.07
-98.13%
-0.54
-78.25%
-0.30
Interest Expense Non Operating
0.79
-26.06%
1.07
+132.73%
0.46
—
Net Interest Income
-0.79
+26.06%
-1.07
-98.13%
-0.54
-78.25%
-0.30
Interest Expense
0.79
-26.06%
1.07
+132.73%
0.46
—
Other Income Expense
-0.04
+98.69%
-3.18
-1196.73%
0.29
+110.86%
-2.67
Other Non Operating Income Expenses
-0.04
+66.60%
-0.11
-136.36%
0.30
+110.42%
-2.84
Tax Provision
-0.25
+90.66%
-2.69
-581.33%
0.56
-27.10%
0.77
Tax Rate For Calcs
0.00
-23.56%
0.00
-32.30%
0.00
+0.33%
0.00
Tax Effect Of Unusual Items
0.00
+100.00%
-0.56
0.00
-100.00%
0.05
Net Income Including Noncontrolling Interests
-1.54
+87.13%
-11.98
-896.01%
1.50
+293.96%
-0.78
Net Income From Continuing Operation Net Minority Interest
-1.53
+87.23%
-11.97
-888.30%
1.52
+295.67%
-0.78
Net Income From Continuing And Discontinued Operation
-1.53
+87.23%
-11.97
-888.30%
1.52
+295.67%
-0.78
Net Income Continuous Operations
-1.54
+87.13%
-11.98
-896.01%
1.50
+293.96%
-0.78
Minority Interests
0.01
+13.75%
0.01
-11.71%
0.01
0.00
Normalized Income
-1.53
+83.86%
-9.47
-723.67%
1.52
+267.93%
-0.90
Net Income Common Stockholders
-1.53
+87.23%
-11.97
-888.30%
1.52
+295.67%
-0.78
Diluted EPS
-0.05
+99.59%
-12.09
-906.00%
1.50
—
Basic EPS
-0.05
+99.59%
-12.09
-906.00%
1.50
—
Basic Average Shares
29.88
+0.55%
29.71
+6.95%
27.78
—
Diluted Average Shares
29.88
+0.55%
29.71
+6.95%
27.78
—
Diluted NI Availto Com Stockholders
-1.53
+87.23%
-11.97
-888.30%
1.52
+295.67%
-0.78
Earnings From Equity Interest
-0.01
+44.93%
-0.01
-51.16%
-0.01
0.00
Total Other Finance Cost
—
—
0.08
-73.50%
0.30
Line Item Trend 2024-06-30 2023-06-30 2022-06-30 2021-06-30
Total Assets
51.30
-14.64%
60.09
-23.53%
78.58
+120.49%
35.64
Current Assets
35.01
-15.14%
41.26
-25.23%
55.18
+70.81%
32.31
Cash Cash Equivalents And Short Term Investments
7.38
+97.50%
3.74
+105.04%
1.82
-72.61%
6.65
Cash And Cash Equivalents
7.38
+97.50%
3.74
+105.04%
1.82
-72.61%
6.65
Receivables
15.49
+1.79%
15.22
-18.26%
18.61
+115.95%
8.62
Accounts Receivable
14.74
+4.75%
14.07
-19.28%
17.43
+120.76%
7.90
Gross Accounts Receivable
15.10
+6.75%
14.14
-19.20%
17.50
+121.65%
7.90
Allowance For Doubtful Accounts Receivable
-0.36
-407.69%
-0.07
+0.00%
-0.07
0.00
Other Receivables
0.75
-34.68%
1.14
+1.22%
1.13
+56.28%
0.72
Inventory
10.55
-48.79%
20.59
-32.33%
30.43
+132.93%
13.07
Finished Goods
10.55
-48.79%
20.59
-32.33%
30.43
+132.93%
13.07
Prepaid Assets
1.60
-6.70%
1.71
-60.27%
4.31
+8.67%
3.97
Total Non Current Assets
16.29
-13.54%
18.84
-19.50%
23.40
+602.19%
3.33
Net PPE
6.50
-22.44%
8.37
-23.86%
11.00
+486.53%
1.88
Gross PPE
6.50
-22.44%
8.37
-23.86%
11.00
+486.53%
1.88
Other Properties
6.50
-22.44%
8.37
-23.86%
11.00
+486.53%
1.88
Goodwill And Other Intangible Assets
6.66
-8.88%
7.31
-33.65%
11.02
0.00
Goodwill
3.03
+0.00%
3.03
-50.21%
6.09
0.00
Other Intangible Assets
3.63
-15.17%
4.28
-13.17%
4.93
—
Investments And Advances
—
0.03
-23.68%
0.04
0.00
Long Term Equity Investment
—
0.03
-23.68%
0.04
0.00
Non Current Deferred Assets
2.45
+13.47%
2.16
0.00
—
Non Current Deferred Taxes Assets
2.45
+13.47%
2.16
0.00
—
Non Current Prepaid Assets
—
0.53
-42.58%
0.93
-31.80%
1.36
Other Non Current Assets
0.65
-34.26%
0.99
+143.85%
0.41
+308.18%
0.10
Total Liabilities Net Minority Interest
28.28
-27.91%
39.23
-15.06%
46.18
+333.54%
10.65
Current Liabilities
23.77
+1.88%
23.33
+1.96%
22.88
+153.56%
9.02
Payables And Accrued Expenses
15.08
-19.83%
18.80
+3.62%
18.15
+132.56%
7.80
Payables
12.55
-14.70%
14.72
+17.37%
12.54
+60.70%
7.80
Accounts Payable
11.23
-15.23%
13.24
+38.93%
9.53
+141.91%
3.94
Other Payable
0.61
-8.26%
0.66
-71.29%
2.31
-24.87%
3.07
Current Accrued Expenses
2.52
-38.30%
4.09
-27.13%
5.61
—
Total Tax Payable
0.72
-0.84%
0.73
+19.52%
0.61
-23.28%
0.79
Income Tax Payable
0.28
-0.19%
0.28
-7.64%
0.30
-62.12%
0.79
Current Debt And Capital Lease Obligation
8.38
+100.65%
4.18
-6.39%
4.46
+382.92%
0.92
Current Debt
6.34
+214.29%
2.02
+7.39%
1.88
+878.61%
0.19
Other Current Borrowings
0.84
-58.31%
2.02
+7.39%
1.88
+878.61%
0.19
Current Capital Lease Obligation
2.04
-5.55%
2.16
-16.41%
2.58
+252.89%
0.73
Current Deferred Liabilities
0.31
-10.62%
0.35
+28.21%
0.27
-8.05%
0.30
Current Deferred Revenue
0.31
-10.62%
0.35
+28.21%
0.27
-8.05%
0.30
Total Non Current Liabilities Net Minority Interest
4.51
-71.63%
15.90
-31.77%
23.30
+1331.16%
1.63
Long Term Debt And Capital Lease Obligation
4.51
-71.63%
15.90
-28.91%
22.36
+1273.48%
1.63
Long Term Debt
—
9.79
-30.54%
14.10
+2973.97%
0.46
Long Term Capital Lease Obligation
4.51
-26.14%
6.11
-26.13%
8.27
+606.73%
1.17
Non Current Deferred Liabilities
—
0.00
-100.00%
0.94
0.00
Non Current Deferred Taxes Liabilities
—
0.00
-100.00%
0.94
0.00
Stockholders Equity
23.05
+10.36%
20.89
-35.55%
32.41
+29.71%
24.99
Common Stock Equity
23.05
+10.36%
20.89
-35.55%
32.41
+29.71%
24.99
Capital Stock
0.03
+5.55%
0.03
+0.47%
0.03
+11.81%
0.03
Common Stock
0.03
+5.55%
0.03
+0.47%
0.03
+11.81%
0.03
Preferred Stock
0.00
0.00
0.00
0.00
Share Issued
31.36
+5.55%
29.71
+0.47%
29.57
+11.81%
26.45
Ordinary Shares Number
31.36
+5.55%
29.71
+0.47%
29.57
+11.81%
26.45
Additional Paid In Capital
33.46
+12.96%
29.62
+1.76%
29.11
+25.41%
23.21
Retained Earnings
-10.23
-17.56%
-8.70
-366.70%
3.26
+86.98%
1.75
Gains Losses Not Affecting Retained Earnings
-0.21
-238.63%
-0.06
-1194.29%
0.01
0.00
Minority Interest
-0.04
-53.34%
-0.02
-88.29%
-0.01
0.00
Other Equity Adjustments
-0.21
-238.63%
-0.06
-1194.29%
0.01
—
Total Equity Gross Minority Interest
23.02
+10.31%
20.86
-35.60%
32.40
+29.66%
24.99
Total Capitalization
23.05
-24.86%
30.68
-34.03%
46.51
+82.78%
25.44
Working Capital
11.24
-37.30%
17.93
-44.50%
32.30
+38.74%
23.28
Invested Capital
29.40
-10.10%
32.70
-32.42%
48.39
+88.74%
25.64
Total Debt
12.89
-35.78%
20.07
-25.16%
26.82
+951.06%
2.55
Net Debt
—
8.07
-42.96%
14.15
—
Capital Lease Obligations
6.55
-20.76%
8.27
-23.81%
10.85
+470.53%
1.90
Net Tangible Assets
16.39
+20.73%
13.58
-36.52%
21.39
-14.41%
24.99
Tangible Book Value
16.39
+20.73%
13.58
-36.52%
21.39
-14.41%
24.99
Duefrom Related Parties Current
—
0.00
-100.00%
0.05
—
Dueto Related Parties Current
0.00
-100.00%
0.09
-7.64%
0.09
0.00
Inventories Adjustments Allowances
-0.65
-15.91%
-0.56
—
—
Investmentsin Joint Venturesat Cost
—
0.03
-23.68%
0.04
0.00
Line Item Trend 2024-06-30 2023-06-30 2022-06-30 2021-06-30
Operating Cash Flow
6.16
-33.08%
9.21
+155.48%
-16.60
-30.15%
-12.76
Cash Flow From Continuing Operating Activities
6.16
-33.08%
9.21
+155.48%
-16.60
-30.15%
-12.76
Net Income From Continuing Operations
-1.54
+87.13%
-11.98
-889.07%
1.52
+295.67%
-0.78
Depreciation Amortization Depletion
2.51
-26.46%
3.41
+1127.79%
0.28
+2198.60%
0.01
Depreciation
2.51
-26.46%
3.41
+1127.79%
0.28
+2198.60%
0.01
Depreciation And Amortization
2.51
-26.46%
3.41
+1127.79%
0.28
+2198.60%
0.01
Other Non Cash Items
0.23
+8.76%
0.21
-55.45%
0.48
-71.54%
1.69
Stock Based Compensation
0.51
-0.05%
0.51
+37.72%
0.37
+236.41%
0.11
Provisionand Write Offof Assets
0.37
-23.30%
0.49
+65.76%
0.29
0.00
Asset Impairment Charge
0.00
-100.00%
3.06
0.00
—
Operating Gains Losses
0.01
-44.93%
0.01
+51.16%
0.01
-99.44%
1.18
Gain Loss On Investment Securities
—
—
—
1.36
Change In Working Capital
4.07
-69.83%
13.49
+168.99%
-19.55
-30.53%
-14.98
Change In Receivables
-0.95
-128.61%
3.33
+134.96%
-9.54
-421.33%
-1.83
Changes In Account Receivables
-0.95
-128.61%
3.33
+134.96%
-9.54
-421.33%
-1.83
Change In Inventory
9.96
+3.73%
9.60
+154.57%
-17.59
-140.25%
-7.32
Change In Prepaid Assets
0.51
-78.51%
2.38
+127.68%
1.05
+118.16%
-5.76
Change In Payables And Accrued Expense
-3.75
-207.69%
3.48
-51.90%
7.23
+17620.66%
-0.04
Change In Payable
-3.75
-207.69%
3.48
-51.90%
7.23
+17620.66%
-0.04
Change In Account Payable
-2.02
-148.96%
4.12
-26.31%
5.59
+2101.71%
-0.28
Change In Other Working Capital
-0.29
+90.62%
-3.09
-587.64%
-0.45
-746.44%
0.07
Change In Other Current Assets
0.31
-17.93%
0.37
+246.88%
-0.25
-155.29%
-0.10
Change In Other Current Liabilities
-1.72
+33.57%
-2.58
—
—
Investing Cash Flow
0.00
+100.00%
-0.14
-1.02%
-0.14
-126.65%
-0.06
Cash Flow From Continuing Investing Activities
0.00
+100.00%
-0.14
-1.02%
-0.14
-126.65%
-0.06
Net PPE Purchase And Sale
0.00
+100.00%
-0.14
+70.92%
-0.48
-687.30%
-0.06
Purchase Of PPE
0.00
+100.00%
-0.14
+70.92%
-0.48
-687.30%
-0.06
Capital Expenditure
—
-0.14
+70.92%
-0.48
-687.30%
-0.06
Net Business Purchase And Sale
—
0.00
-100.00%
0.34
0.00
Purchase Of Business
—
0.00
+100.00%
-0.05
0.00
Financing Cash Flow
-2.40
+66.48%
-7.15
-160.05%
11.91
-35.59%
18.49
Cash Flow From Continuing Financing Activities
-2.40
+66.48%
-7.15
-160.05%
11.91
-35.59%
18.49
Net Issuance Payments Of Debt
-5.97
-4.57%
-5.71
-144.71%
12.76
+600.73%
1.82
Issuance Of Debt
9.78
+93.57%
5.05
-66.34%
15.01
-53.96%
32.61
Repayment Of Debt
-15.75
-46.38%
-10.76
-377.18%
-2.25
+92.68%
-30.79
Long Term Debt Issuance
6.95
+38.36%
5.02
-61.46%
13.03
+334.40%
3.00
Long Term Debt Payments
-12.00
-39.53%
-8.60
-1662.96%
-0.49
-3903.41%
-0.01
Net Long Term Debt Issuance
-5.05
-41.18%
-3.58
-128.52%
12.54
+319.84%
2.99
Short Term Debt Issuance
9.78
+31072.85%
0.03
-98.42%
1.98
-93.30%
29.61
Short Term Debt Payments
-15.75
-629.25%
-2.16
-22.22%
-1.77
+94.26%
-30.78
Net Short Term Debt Issuance
-5.97
-180.33%
-2.13
-1087.12%
0.22
+118.48%
-1.17
Net Common Stock Issuance
4.54
0.00
0.00
-100.00%
19.68
Net Other Financing Charges
-0.97
+32.71%
-1.45
-70.82%
-0.85
+71.81%
-3.01
Changes In Cash
3.77
+96.48%
1.92
+139.68%
-4.83
-185.13%
5.67
Effect Of Exchange Rate Changes
-0.12
-3850.33%
-0.00
-538.08%
0.00
0.00
Beginning Cash Position
3.74
+105.04%
1.82
-72.61%
6.65
+580.39%
0.98
End Cash Position
7.38
+97.50%
3.74
+105.04%
1.82
-72.61%
6.65
Free Cash Flow
6.16
-32.04%
9.07
+153.08%
-17.09
-33.30%
-12.82
Interest Paid Supplemental Data
0.31
0.00
0.00
-100.00%
0.15
Income Tax Paid Supplemental Data
0.00
-100.00%
0.06
-97.03%
1.85
+166.00%
0.70
Change In Income Tax Payable
0.00
+100.00%
-0.02
+95.32%
-0.49
-802.84%
0.07
Change In Tax Payable
0.00
+100.00%
-0.02
+95.32%
-0.49
-802.84%
0.07
Common Stock Issuance
4.54
0.00
0.00
-100.00%
19.68
Earnings Losses From Equity Investments
0.01
-44.93%
0.01
+51.16%
0.01
0.00
Issuance Of Capital Stock
4.54
0.00
0.00
-100.00%
19.68
Sale Of Business
—
0.00
-100.00%
0.39
0.00
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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