iPower
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. iPower's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 3% to $86,071,485. The net income raised on -$1,528,159 and profit margin reached -2%. Total operating expenses were $40,216,145.
Profit Margin
| 2019 | 22.84M | 528.39K | 2.31% |
|---|---|---|---|
| 2020 | 39.93M | 1.98M | 4.98% |
| 2021 | 54.07M | -775.74K | -1.43% |
| 2022 | 79.41M | 1.51M | 1.91% |
| 2023 | 88.90M | -11.96M | -13.46% |
| 2024 | 86.07M | -1.52M | -1.78% |
IPW Income Statement (2019 – 2024)
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
Revenue | ||||||
Revenue | 86.07M | 88.90M | 79.41M | 54.07M | 39.93M | 22.84M |
Cost of revenue | 46.81M | 54.10M | 46.21M | 31.25M | 24.81M | 14.96M |
Gross profit | 39.25M | 34.79M | 33.19M | 22.81M | 15.12M | 7.87M |
Operating exp. | ||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 28.09M | 32.42M | 19.18M | 13.47M | 7.59M | 4.56M |
Total operating expenses | 40.21M | 45.22M | 30.88M | 19.85M | 12.21M | 7.04M |
Operating income | -962.89K | -13.48M | 2.31M | 2.96M | 2.90M | 834.67K |
Other income (expenses), net | -829.92K | -1.18M | -248.41K | -2.96M | -147.54K | -110.77K |
Income before tax | -1.79M | -14.66M | 2.06M | -8.98K | 2.76M | 723.89K |
Income tax expense | -251.36K | -2.69M | 558.97K | 766.76K | 773.43K | 195.49K |
Net income | -1.52M | -11.96M | 1.51M | -775.74K | 1.98M | 528.39K |
Earnings per share | ||||||
Basic EPS | -0.05 | -0.4 | 0.05 | -0.02 | 0.07 | 0.01 |
Diluted EPS | -0.05 | -0.4 | 0.05 | -0.02 | 0.07 | 0.01 |
| Data source | Data source | Data source | Data source |