iPower Inc. (IPW)

From the record

iPower Inc.'s filings since 2020 show 11 warning events of 3 kinds: a notice about its exchange listing (8-K item 3.01, 6 times, the latest 2025-07-03); an auditor change (8-K item 4.01, the latest 2025-06-30); a late-report notice (Form NT 10-K or NT 10-Q, 4 times, the latest 2026-09-28) (its current reports).

From the record

iPower Inc.'s 7 filed years say what it did: revenue went from $40 million in fiscal 2020 to $20 million in fiscal 2026, down 10.9% a year; it rose in 3 of 6 years; the deepest fall was 78% from fiscal 2023 to fiscal 2026; net income was positive in 2 of 6 of those years (its annual reports).

From the record

Over the 3 fiscal years to 2026-06-30, iPower Inc.'s diluted share count grew about 34.8% a year, and dividends and buybacks returned about 1% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 0 sales and 0 purchases of their own stock on the open market in the year to 2026-09-30 (their Form 4 filings).

From the record

Return on equity: in the fiscal year ended 2026-06-30, iPower Inc. lost about 69 cents for every dollar of shareholders' money, and gross profitability: its products earned about 14 cents per dollar of everything the company owns. Leverage: it owed about 42 cents per dollar of assets, and net share issuance: its share count grew 131.3% over the year (the filed statements).

From the record

iPower Inc.'s standing among 11 graded names in its industry family: revenue of $20 million in fiscal 2026 ranks in the bottom 5% by size; a net margin of -58.2% ranks in the bottom 5%; revenue growth of -39.2% a year over the last 3 filed years ranks in the bottom 5% (its annual reports).

From the record

iPower Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Tan, Chenlong (CEO & Chairman, as filed), filing under that title since 2021-05-12, 5.5 years (top 50% of its family); the 3 officers and directors filing in the last fifteen months have been on the record a median of 1.2 years (bottom 6%); 5 officer or director changes were reported on Form 8-K since 2023-11-13, against the 3 people in charge now (bottom 6%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

iPower Inc.'s room to grow, from the newest filed statements (fiscal 2026): cash of $478 thousand against no long-term debt tagged leaves 1.6% of its assets as net cash, top 32% of its family; cash from operations less capital spending is -0.8% of revenue (bottom 23%); a gross margin of 20.2% (bottom 23%) (its annual report).

From the record

iPower Inc.'s growth drivers, from the filed years to fiscal 2026: revenue grew -39.2% a year over the last three filed years against -10.9% over all 7, slowing (bottom 14% of its family); the newest year grew -68.5% (bottom 5%) (its annual reports). iPower Inc. reported 2 product lines in fiscal 2025: Product at $62 million (93%), Service at $5 million (7%); 1 of 2 grew against the year before (its annual report).

From the record

iPower Inc.'s newest year against its own record: revenue of $20 million in fiscal 2026 came in 62.6% below the $53 million its prior three years' pace pointed to (bottom 5% of its family); net income of $12 million against a prior three-year average of $8 million (bottom 23%); a net margin of -58.2% against -10.7% before (bottom 5%) (its annual reports).