Ipower, Inc. ( (IPW) ) has released its Q3 earnings. Here is a breakdown of the information Ipower, Inc. presented to its investors.
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iPower Inc. is a tech and data-driven ecommerce services provider and online retailer, specializing in a comprehensive range of ecommerce solutions and a robust business intelligence platform. The company operates across various online channels and maintains a nationwide network of warehouses and delivery partners.
In its fiscal third quarter of 2025, iPower Inc. reported a decrease in total revenue to $16.6 million from $23.3 million in the previous year, primarily due to reduced product sales to its largest channel partner. Despite the challenging market conditions, the company has been focusing on diversifying its supply chain and expanding its manufacturing capabilities within the U.S.
Key financial metrics from the quarter include a gross profit of $7.2 million, down from $10.4 million, and a net loss of $0.3 million compared to a net income of $1.0 million in the same period last year. However, iPower successfully reduced its total debt by 43% to $3.6 million, reflecting its commitment to strengthening its balance sheet.
The company’s SuperSuite business, which now accounts for approximately 20% of total revenue, continues to gain momentum, highlighting the demand for iPower’s end-to-end supply chain solutions. The company is optimistic about building a more agile and resilient supply chain to support long-term growth.
Looking ahead, iPower’s management remains focused on optimizing its operations and expanding its partner ecosystem to deliver sustained value to its customers and shareholders, despite the current market challenges.
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