---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-24-006540"
form_type: "8-K"
ticker: "IPW"
cik: "0001830072"
company_name: "iPower Inc."
filed_at: "2024-09-19T23:59:59+00:00"
generated_at: "2026-05-31T03:42:26.326702+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# iPower reports Q4 profit of $0.7M, gross margin expands 870 bps to 47.4%

## Summary
- Q4 revenue $19.5M vs $23.4M year ago; net income $0.7M ($0.02/share) vs loss of $3.0M.
- Adjusted net income $0.9M ($0.03/share) vs adjusted loss of $2.1M.
- Full-year gross margin up 650 bps to 45.6%; net loss improved to $1.5M from $12.0M.
- Total debt reduced 46% to $6.3M; cash and equivalents $7.4M at June 30, 2024.
- Management cites optimization, TikTok Shop/Temu expansion, and SuperSuite growth as drivers.

## SEC filing metadata
- accession: 0001683168-24-006540
- form_type: 8-K
- ticker: IPW
- cik: 0001830072
- company_name: iPower Inc.
- filed_at: 2024-09-19T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1830072/000168316824006540/0001683168-24-006540-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1830072/000168316824006540/ipower_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-24-006540
- JSON: https://secwatch.observer/filing/0001683168-24-006540.json
- Plain text: https://secwatch.observer/filing/0001683168-24-006540.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.