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iPower (IPW) - 2024 Q4 - Earnings Call Transcript
2024-09-20 06:45
财务数据和关键指标变化 - 第四季度总收入为1.95亿美元,同比下降16.7%,主要是由于去年同期有更多促销活动导致销售较高 [15] - 第四季度毛利润增加2%至9.2百万美元,毛利率提升870个基点至47.4%,主要由于通过与关键供应商的谈判获得更好的定价以及产品组合更有利 [15][16] - 第四季度营业费用下降34%至8百万美元,占收入比重下降1050个基点至41%,主要由于销售和履约费用下降,包括营销和促销成本降低以及从主要供应商获得一些返点 [16] - 第四季度净利润为70万美元,上年同期亏损300万美元,调整后净利润为90万美元,上年同期亏损210万美元 [17] - 现金和现金等价物从上年同期的3.7百万美元增加到7.4百万美元,总债务从11.8百万美元降至6.3百万美元,下降46% [18] - 第四季度经营活动产生的现金流为96万美元,略低于上年同期 [18] 各条业务线数据和关键指标变化 - 公司的主要收入来源仍然是亚马逊平台,但新增的TikTok Shop、Temu等平台也取得了不错的初步成绩,未来将成为收入的重要组成部分 [22][23] - 公司的SuperSuite供应链服务业务保持健康增长,已经吸引了多家新的合作伙伴 [22][23] - 公司正在努力拓展新的销售渠道,如阿里巴巴的AliExpress,以增加收入来源的多样性 [22] 各个市场数据和关键指标变化 - 公司主要销售市场仍然集中在亚马逊等成熟的电商平台,但新兴平台如TikTok Shop、Temu等也开始贡献收入,未来将成为重要增长点 [22][23] - 公司正在积极拓展越南等东南亚市场的制造合作伙伴,以降低成本、提高供应链韧性 [34][35][36][37] 公司战略和发展方向及行业竞争 - 公司将继续深化SuperSuite供应链服务平台,通过整合物流、技术和营销等方面的优质合作伙伴,提升服务能力和吸引更多合作伙伴 [9][10][11] - 公司正在拓展新的销售渠道,如TikTok Shop、Temu等,以满足供应链合作伙伴的多元化需求 [11][22][23] - 公司正在优化供应链,包括在越南等地区拓展制造合作伙伴,同时持续优化中国供应商,以降低成本、提高竞争力 [34][35][36][37] - 公司将利用自身的技术和数据优势,进一步提升供应链的透明度和运营效率,为客户提供更优质的服务 [13] 管理层对经营环境和未来前景的评论 - 管理层认为,公司已经建立了良好的基础,在2025财年将能够实现既定的增长和盈利目标 [18] - 管理层表示,公司的订单模式已经趋于正常化,不再出现大幅波动,有利于公司的稳定经营 [25][26][27] - 管理层认为,公司正在通过多元化的销售渠道和供应链合作伙伴,为未来的增长奠定基础 [28] 其他重要信息 - 公司在2024年6月完成了约4.5百万美元的增发,进一步增强了资产负债表实力 [18] - 公司的存货水平已经大幅下降,从2023年12月31日的水平减少近50% [12] 问答环节重要的提问和回答 问题1 **Scott Fortune 提问** 询问公司的收入增长来源,特别是大型在线合作伙伴的订单情况以及新平台TikTok Shop和Temu的表现 [21][24] **Lawrence Tan 和 Kevin Vassily 回答** - 公司的主要收入来自亚马逊等成熟电商平台,但TikTok Shop、Temu等新平台也取得了不错的初步成绩,未来将成为重要收入来源 [22][23][25][26][27] - 公司的大型在线合作伙伴的订单模式已经趋于正常化,不再出现大幅波动 [25][26][27] - 公司正在通过多元化的销售渠道和供应链合作伙伴,为未来的增长奠定基础 [28] 问题2 **Thierry Wuilloud 提问** 询问公司在越南的新制造合作伙伴是否为全新合作,以及各产品类别的销售情况 [39][41] **Lawrence Tan 和 Kevin Vassily 回答** - 公司在越南的新制造合作伙伴是全新合作,不是之前在中国的供应商 [40] - 公司正在优化现有中国供应商,同时拓展越南等地区的新供应商,以提高供应链的灵活性和成本竞争力 [35][36][37][45][46] - 公司的主要销售类别为家居用品、家具和电子产品,而水培类产品占比已经大幅下降 [42][44]
IPower Inc. (IPW) Q4 Earnings Top Estimates
ZACKS· 2024-09-20 06:25
IPower Inc. (IPW) came out with quarterly earnings of $0.03 per share, beating the Zacks Consensus Estimate of $0.01 per share. This compares to loss of $0.10 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 200%. A quarter ago, it was expected that this company would post a loss of $0.06 per share when it actually produced earnings of $0.05, delivering a surprise of 183.33%.Over the last four quarters, the company has surpasse ...
iPower Reports Fiscal Fourth Quarter and Full Year 2024 Results
GlobeNewswire News Room· 2024-09-20 04:05
Optimization Initiatives Drive Material Gross Margin Expansion and Second Consecutive Quarter of Profitability iPower Management to Host Conference Call Today at 4:30 p.m. Eastern Time RANCHO CUCAMONGA, Calif., Sept. 19, 2024 (GLOBE NEWSWIRE) -- iPower Inc. (Nasdaq: IPW) (“iPower” or the “Company”), a tech and data-driven online retailer and supplier of consumer home, pet and garden products, as well as a provider of value-added ecommerce services, today announced its financial results for the fiscal fourth ...
IPower Inc. (IPW) Stock Falls Amid Market Uptick: What Investors Need to Know
ZACKS· 2024-09-13 06:56
In the latest trading session, iPower Inc. (IPW) closed at $1.29, marking a -1.53% move from the previous day. This change lagged the S&P 500's daily gain of 0.75%. On the other hand, the Dow registered a gain of 0.58%, and the technology-centric Nasdaq increased by 1%.The company's stock has dropped by 5.07% in the past month, falling short of the Consumer Discretionary sector's gain of 8.75% and the S&P 500's gain of 4.03%.The investment community will be closely monitoring the performance of iPower Inc. ...
iPower Schedules Fiscal Fourth Quarter and Full Year 2024 Conference Call for September 19, 2024 at 4:30 p.m. ET
GlobeNewswire News Room· 2024-09-11 04:30
RANCHO CUCAMONGA, Calif., Sept. 10, 2024 (GLOBE NEWSWIRE) -- iPower Inc. (Nasdaq: IPW) (“iPower” or the “Company”), a tech and data-driven online retailer and supplier of consumer home, pet and garden products, as well as a provider of value-added ecommerce services, will host a conference call on Thursday, September 19, 2024 at 4:30 p.m. Eastern time to discuss its financial results for the fiscal fourth quarter and full fiscal year ended June 30, 2024. The Company’s results will be reported in a press rel ...
IPower Inc. (IPW) Stock Slides as Market Rises: Facts to Know Before You Trade
ZACKS· 2024-08-31 06:45
iPower Inc. (IPW) ended the recent trading session at $1.29, demonstrating a -0.77% swing from the preceding day's closing price. The stock fell short of the S&P 500, which registered a gain of 1.01% for the day. On the other hand, the Dow registered a gain of 0.55%, and the technology-centric Nasdaq increased by 1.13%.The the stock of company has fallen by 19.75% in the past month, lagging the Consumer Discretionary sector's gain of 2.54% and the S&P 500's gain of 2.5%.Investors will be eagerly watching fo ...
IPower Inc. (IPW) Flat As Market Gains: What You Should Know
ZACKS· 2024-08-10 06:45
iPower Inc. (IPW) closed at $1.26 in the latest trading session, marking no change from the prior day. This change lagged the S&P 500's daily gain of 0.47%. At the same time, the Dow added 0.13%, and the tech-heavy Nasdaq gained 0.51%.Prior to today's trading, shares of the company had lost 27.59% over the past month. This has lagged the Consumer Discretionary sector's loss of 2.38% and the S&P 500's loss of 4.45% in that time.Analysts and investors alike will be keeping a close eye on the performance of iP ...
iPower to Participate in the Water Tower Research Fireside Chat Series on August 7
GlobeNewswire News Room· 2024-08-06 20:30
RANCHO CUCAMONGA, Calif., Aug. 06, 2024 (GLOBE NEWSWIRE) -- iPower Inc. (Nasdaq: IPW) (“iPower” or the “Company”), a tech and data-driven online retailer and supplier of consumer home, pet and garden products, as well as a provider of value-added ecommerce services, today announced its Chief Financial Officer, Kevin Vassily, will participate in the upcoming Water Tower Research Fireside Chat Series taking place virtually on Wednesday, August 7, 2024 at 2:00 p.m. ET. The fireside will be hosted by Thierry Wu ...
Is iPower (IPW) Stock Outpacing Its Consumer Discretionary Peers This Year?
ZACKS· 2024-06-24 22:46
For those looking to find strong Consumer Discretionary stocks, it is prudent to search for companies in the group that are outperforming their peers. Has iPower Inc. (IPW) been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Consumer Discretionary sector should help us answer this question. iPower Inc. is one of 282 individual stocks in the Consumer Discretionary sector. Collectively, these companies sit at #9 in the Zacks Sector Rank ...
iPower Enhances Supply Chain Operations with New Manufacturing Partner in Vietnam
Newsfilter· 2024-06-20 20:30
RANCHO CUCAMONGA, Calif., June 20, 2024 (GLOBE NEWSWIRE) -- iPower Inc. (NASDAQ:IPW) ("iPower" or the "Company"), a tech and data-driven online retailer and supplier of consumer home, pet and garden products, as well as a provider of value-added ecommerce services, today announced the addition of a new manufacturing partner in Vietnam. This strategic partnership will bring cost advantages to iPower and strengthen the capabilities and resilience of the Company's supply chain. iPower has commenced operations ...