iPower Q1 revenue down 28% to $19M; net loss widens to $2M

iPower Inc.

2025-Q1 EPS reported -$0.06 vs consensus $0.00 ▼ miss (-6000000.0%)

Revenue $19.0M, down from $26.5M YoY; gross margin improved 30 bps to 44.7%.
Net loss $2.0M ($0.06 loss per share) vs $1.3M loss ($0.04 loss) in prior year.
Total debt reduced 45% to $3.5M; cash fell to $2.6M from $7.4M at June 30.
Operating expenses down 14% to $11.2M; includes $1.8M inventory and credit loss reserves.
Expanded sales channels (AliExpress, TikTok Shop, Temu) and launched SaaS platform for supply chain.

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