RANCHO CUCAMONGA, Calif., April 15, 2024 (GLOBE NEWSWIRE) -- iPower Inc. (NASDAQ:IPW) ("iPower" or the "Company"), a tech and data-driven online retailer and supplier of consumer home 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 Thursday, April 18, 2024 at 2:00 p.m. ET. The fireside will be hosted by Thierry Wuilloud ...

财务数据和关键指标变化 - 总收入为16.8百万美元,较去年同期19.3百万美元下降13% [20] - 毛利润为7.3百万美元,较去年同期8.0百万美元下降9% [22] - 毛利率为43.6%,较去年同期41.4%提升220个基点 [22] - 净亏损为1.9百万美元,较去年同期3.3百万美元改善42% [24] - 现金及现金等价物为1.5百万美元,较6月30日3.7百万美元下降59% [25] - 总债务为5.0百万美元,较6月30日11.8百万美元下降58% [25] 各条业务线数据和关键指标变化 - 水培业务销售保持稳定,占比有所下降 [33][34] - 非水培业务销售占比有所提升 [33][34] 各个市场数据和关键指标变化 - 公司正在与Home Depot和Lowe's等大型零售商合作,通过其电商渠道销售产品 [13][14] - 这些合作关系有望带来线下实体店的销售机会 [14][36] 公司战略和发展方向及行业竞争 - 公司正在加大拓展SuperSuite供应链业务,这一业务增长强劲 [12] - 公司正在积极开拓新的销售渠道,如TikTok商城等社交电商平台 [11] - 公司正在优化成本结构,如减少仓储开支、外包仓储人员等 [15][16] - 公司目标是在2024年实现盈利 [45][51] 管理层对经营环境和未来前景的评论 - 最大渠道合作伙伴的库存水平已趋于正常,公司有信心满足其需求 [9][10][32] - 公司正在与主要供应商合作降低产品成本,并适当提高产品价格 [46][47][48] - 公司正在与新的物流合作伙伴合作,以进一步降低运输成本 [49] - 公司对未来保持乐观,认为已为实现盈利奠定了基础 [45][51] 问答环节重要的提问和回答 问题1 **Scott Fortune 提问** 询问公司非水培业务的消费者需求情况以及水培业务的发展 [29][30] **Lawrence Tan 和 Kevin Vassily 回答** - 非水培业务的消费者需求基本稳定,公司正在努力提升该业务的销售占比 [32][33][34] - 水培业务销售保持稳定,未来增长可能有限 [33][34] 问题2 **Scott Fortune 提问** 询问公司与Home Depot和Lowe's的合作进展情况 [35] **Lawrence Tan 回答** - 公司与这些大型零售商的合作仍处于初期阶段,但进展稳定,未来有望带来更多实体店销售机会 [36] 问题3 **Scott Fortune 提问** 询问公司毛利率和盈利能力的改善情况 [43][44] **Kevin Vassily 回答** - 公司正在采取多项措施提升毛利率,如与供应商合作降低成本、适当提高产品价格等 [46][47][48] - 公司目标是在2024年实现盈利,正在为此奠定基础 [45][51]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 31, 2023 OR ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______________ to ______________ Commission File Number 001-40391 iPower Inc. (Exact name of registrant as specified in its charter) Nevada ...

财务数据和关键指标变化 - 总收入增长2%至26.5亿美元,主要得益于超级供应链合作伙伴业务的增长以及自有产品组合的强劲销售 [6][14] - 毛利润增长18%至11.8亿美元,毛利率提升600个基点至44.4%,主要由于产品组合更有利以及消化了较高成本的存货 [14][27][28] - 净亏损改善13亿美元,每股亏损从0.14美元降至0.04美元,主要由于毛利率提升和营业费用下降 [16] - 现金和现金等价物为2.7亿美元,总债务降至7亿美元,净债务降48%至4.3亿美元 [17] - 经营活动现金流大幅改善至4亿美元,主要由于供应链状况改善使得存货水平下降 [18] 各条业务线数据和关键指标变化 - 自有产品销售占总收入超过90%,其中风扇、货架和户外家具表现强劲 [7] - 非水培产品销售占比连续两个季度超过75% [7] - 公司仍将继续投资水培产品以满足消费者需求 [7] 各个市场数据和关键指标变化 - 公司开始利用TikTok等社交商务渠道提升品牌声誉,通过影响者营销等方式吸引用户 [8][9] - TikTok业务初期表现良好,主要销售家居厨房类产品,平台提供较低的手续费和免运费优惠 [23][24][25] 公司战略和发展方向及行业竞争 - 公司正在采取措施提高运营效率,如降低仓储和存货成本 [11] - 公司正在寻求收购机会,以推进盈利增长计划 [12] - 公司看好2024年消费需求前景,并将继续推进收入多元化、提高运营效率等举措 [12] 管理层对经营环境和未来前景的评论 - 尽管去年同期创下历史新高,公司仍实现了收入同比增长 [6] - 公司对2024年消费需求保持乐观,并将继续投资水培等核心业务 [12] - 公司正在通过多种措施提高毛利率和经营效率,为未来发展奠定基础 [11][19] 问答环节重要的提问和回答 问题1 **Thierry Wuilloud 提问** 公司从SuperSuite业务获得了哪些有价值的洞见? [31] **Lawrence Tan 回答** 通过与供应链合作伙伴合作,公司学习到了他们的运营行为和对市场的反应,有助于公司更好地与他们合作并拓展这一业务 [32] 问题2 **Thierry Wuilloud 提问** 公司在TikTok上的产品销售情况如何,是主动推广还是被动接单? [33] **Lawrence Tan 回答** 公司初期根据市场了解主动投放产品,后随着一些产品表现出色,现已吸引到更多的影响者主动接洽合作 [34] 问题3 **Thierry Wuilloud 提问** SuperSuite业务的年化收入目前为7百万美元,公司是否计划增加合作伙伴数量? [35] **Lawrence Tan 回答** 公司有增加合作伙伴的管线,并且随着该业务取得成功,预计未来收入不会下降,而是会持续增长 [36][38]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______________ to ______________ Commission file number 001-40391 iPower Inc. (Exact name of registrant as specified in its charter) Nev ...

iPower Inc. (NASDAQ:IPW) Q4 2023 Results Conference Call September 14, 2023 4:30 PM ET Company Participants Lawrence Tan - Chairman and CEO Kevin Vassily - CFO Conference Call Participants Scott Fortune - ROTH MKM Thierry Wuilloud - Water Tower Research Operator Good afternoon, everyone and thank you for participating in today’s conference call to discuss iPower’s financial results for its Fiscal Fourth Quarter and Full Year 2023 ended June 30, 2023. Joining us today are iPower’s Chairman and CEO, Mr. Lawre ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year June 30, 2023 OR ☐ TRANSITION REPORT UNDER SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______________ to ______________ Commission file number: 001-40391 iPower Inc. (Exact name of registrant as specified in its charter) Nevada 82-5144171 (State or other ...

iPower Inc. (NASDAQ:IPW) Q3 2023 Earnings Conference Call May 15, 2023 4:30 PM ET Company Participants Lawrence Tan - Chairman and Chief Executive Officer Kevin Vassily - Chief Financial Officer Conference Call Participants Scott Fortune - ROTH Operator Good afternoon, everyone and thank you for participating in today’s conference call to discuss iPower’s financial results for its Fiscal Third Quarter 2023 ended March 31, 2023. Joining us today are iPower’s Chairman and CEO, Mr. Lawrence Tan and the company ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 OR ☐ TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______________ to ______________ Commission file number 001-40391 iPower Inc. (Exact name of registrant as specified in its charter) Nevada 82-5144171 ( ...

Investor Presentation February 2023 An introduction. February 2023 | Nasdaq: IPW Company overview 2 Company Overview iPower is a leading online retailer and supplier of consumer household products • Data and Technology Driven Culture. Founded by two software engineers, management has approached ecommerce with a data first mindset, utilizing in-house technology throughout the business to streamline operations and spark innovation • Experienced Ecommerce Capabilities. iPower offers thousands of stock keeping ...