iPower (IPW)
Search documents
iPower Actively Pursuing Alternative Funding Solutions to Enhance Capital Flexibility
Globenewswire· 2025-10-22 13:20
RANCHO CUCAMONGA, Calif., Oct. 22, 2025 (GLOBE NEWSWIRE) -- iPower Inc. (Nasdaq: IPW) (“iPower” or the “Company”), a data and technology driven e-commerce retailer and infrastructure company, today announced that it is actively looking for alternative funding solutions as part of its ongoing efforts to strengthen its capital structure and enhance liquidity amid evolving financial conditions. The Company is exploring options to replace its current bank-backed asset-based lending (“ABL”) facility with a non-b ...
iPower Announces 1-for-30 Reverse Stock Split
Globenewswire· 2025-10-21 18:15
RANCHO CUCAMONGA, Calif., Oct. 21, 2025 (GLOBE NEWSWIRE) -- iPower Inc. (Nasdaq: IPW) (“iPower” or the “Company”), a data and technology driven e-commerce retailer and infrastructure company, today announced that it will implement a reverse stock split of its common shares at a ratio of 1-for-30, effective 12:01 a.m. Eastern Time on October 27, 2025. iPower’s common stock will begin trading on Nasdaq on a split-adjusted basis at market open on October 27 under the ticker symbol “IPW.” The reverse split is i ...
iPower (IPW) - 2025 Q4 - Annual Report
2025-10-09 20:59
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year June 30, 2025 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 82-5144171 Sta ...
iPower Reports Fiscal Fourth Quarter and Full Fiscal Year 2025 Results
Globenewswire· 2025-10-09 20:55
RANCHO CUCAMONGA, Calif., Oct. 09, 2025 (GLOBE NEWSWIRE) -- iPower Inc. (Nasdaq: IPW) (“iPower” or the “Company”), a data and technology driven e-commerce retailer and infrastructure company, today announced its financial results for the fiscal fourth quarter and full fiscal year ended June 30, 2025. Fiscal Q4 2025 Results vs. Year-Ago Quarter Total revenue was $11.5 million compared to $19.5 million.Gross profit was $4.9 million compared to $8.7 million, with gross margin of 43.0% compared to 44.6%.Net los ...
iPower and TCL Announce Partnership to Expand Smart Tech Access via iPower’s Authorized Channel
Globenewswire· 2025-09-23 12:30
Collaboration Pairs TCL’s Product Leadership with iPower’s Marketplace Engine to Deliver More Choice, Dependable Delivery, and Stronger Authenticity Signals for ShoppersRANCHO CUCAMONGA, Calif., Sept. 23, 2025 (GLOBE NEWSWIRE) -- iPower Inc. (Nasdaq: IPW), a data and technology driven e-commerce retailer and infrastructure company, today announced a partnership with TCL Smart Home Technology, a manufacturer and seller of consumer electronics, to make designated TCL products available through iPower’s author ...
iPower Inc. Announces Arrival of U.S. Packaging Production Line and Initial Orders for Domestic Manufacturing Venture
Globenewswire· 2025-08-19 12:30
Core Insights - iPower Inc. has achieved a significant milestone with the delivery of its packaging production line, which is part of its "Made-in-USA" initiative aimed at enhancing domestic manufacturing capabilities [1][2] - The company has received confirmed purchase orders and strong interest from prospective customers, indicating a positive market response to its manufacturing efforts [2] - The assembly of the production line is expected to take about one week, followed by a test run phase of two to four weeks, with full-scale production anticipated to commence shortly thereafter [3] Company Overview - iPower Inc. is a data and technology-driven e-commerce retailer and infrastructure company, focusing on expanding its manufacturing and logistics capabilities [5] - The company operates a nationwide fulfillment network and is actively pursuing initiatives in digital asset strategy and blockchain integration [5] - United Package NV LLC, a joint venture between iPower Inc. and Custom Cup Factory, is dedicated to establishing scalable U.S.-based packaging manufacturing operations [4]
iPower Inc. Advances Digital Asset Strategy and E-Commerce Platform Development
Globenewswire· 2025-07-29 12:30
Core Viewpoint - iPower Inc. is advancing its digital asset strategy to integrate blockchain capabilities into its operations and product offerings, aiming to enhance capital efficiency and generate income from reserve holdings [1][4][5] Digital Asset Treasury Strategy - iPower plans to allocate capital towards acquiring digital assets as reserve assets, utilizing institutional-grade lending structures to generate low-risk, predictable yields while preserving principal [3] - This strategy is designed to enhance capital efficiency and align with the company's responsibilities as a publicly traded entity [4] Consumer Crypto Product Roadmap - iPower is developing consumer-focused digital asset offerings, including: - Cloud Mining Resale for simplified access to mining rewards [5] - Hardware Wallet Distribution for self-custody solutions [5] - Crypto Financial Product Referrals for curated yield and custody solutions [5] - These products aim to integrate seamlessly into iPower's existing distribution channels, emphasizing utility, education, and security [5] Platform Infrastructure - iPower is preparing a commercial SaaS platform to support cross-border e-commerce, evaluating the use of stablecoin infrastructure for faster and lower-cost international settlements [6] Positioning and Vision - iPower invites strategic partners and investors to participate in building a sustainable crypto-native infrastructure, emphasizing a balanced strategy across treasury, product, and platform layers [7][8] - The company has a long history in e-commerce logistics and fulfillment, which positions it well for future growth in the digital asset space [8]
iPower Announces Strategic Shift Toward Crypto Treasury and Blockchain Infrastructure Services
Globenewswire· 2025-06-17 13:00
Core Viewpoint - iPower Inc. is undergoing a strategic transformation to become a crypto treasury and blockchain infrastructure services company, focusing initially on building a Bitcoin treasury strategy as a key growth component [1][2][5]. Group 1: Strategic Shift - The company plans to accumulate Bitcoin as a treasury reserve asset to create a long-term store of value and enhance financial resilience [2][3]. - CEO Lawrence Tan emphasized that the decision to enter Bitcoin is based on a long-term view of digital assets as a viable treasury component, aligning with the company's goals of enhancing balance sheet resilience [3][5]. Group 2: New Services and Integration - iPower intends to expand into blockchain-related retail services, leveraging its operational expertise to deliver consumer-facing offerings [3][4]. - The new services will be integrated into iPower's proprietary SuperSuite platform, which will evolve to support both eCommerce and blockchain-aligned business solutions [4][5]. Group 3: Future Outlook - The strategic pivot reflects iPower's goal of aligning operations with future-facing technologies and market demand, with a primary focus on the digital asset economy and consumer access to blockchain tools [5][6]. - Additional updates regarding treasury activities, new product offerings, and partnerships are expected in the coming months [6].
iPower and Borg Rise U.S. Enter Strategic Partnership to Expand Social Media Commerce
Globenewswire· 2025-06-10 12:30
Core Insights - iPower Inc. has announced a strategic partnership with Borg Rise U.S. to enhance its omnichannel presence through influencer-driven and content-based sales models on platforms like TikTok, Instagram, and YouTube [1][3] - The collaboration aims to leverage Borg Rise U.S.'s network of content creators and livestreaming infrastructure to create innovative social commerce campaigns that enhance consumer engagement and conversion [2][5] Company Overview - iPower Inc. is a tech and data-driven online retailer providing value-added eCommerce services, with capabilities including a full spectrum of online channels, robust fulfillment capacity, and a nationwide warehouse network [4] - Borg Rise U.S. focuses on livestreaming, influencer marketing, and cross-border social commerce, empowering brands through immersive digital experiences [5] Strategic Goals - The partnership will co-develop influencer campaigns, live selling initiatives, and digital storefronts to enhance iPower's service offerings in social commerce [7] - The collaboration will utilize content performance data to improve targeting and personalization, helping emerging brands scale through creator ecosystems [7]
iPower Advances U.S. Manufacturing Plans with Deposit Payment for Equipment of New Production Line
Globenewswire· 2025-06-09 12:30
Core Viewpoint - iPower Inc. has initiated a new manufacturing strategy by making a deposit payment for a fully integrated equipment line, marking a significant step in its "Made in USA" initiative under the SuperSuite platform [1][2]. Group 1: Manufacturing Strategy - The deposit payment secures the start of equipment production for iPower's joint venture, United Package NV LLC, aimed at reshoring manufacturing capabilities [2]. - The equipment production is expected to be completed within two months, with a full operational launch targeted for Q4 2025 [2]. Group 2: Strategic Goals - The CEO of iPower emphasized that this investment strengthens operational resilience and enhances value for partners and customers through improved delivery and quality control [3]. - The initiative aims to build a sustainable supply chain ecosystem in the U.S. by localizing key manufacturing functions [3]. Group 3: Joint Venture Benefits - United Package will leverage iPower's digital sales infrastructure and nationwide fulfillment capabilities, along with its partner's offline sales channels and established B2B customer base, to enhance market efficiency [3][4]. - The joint venture is designed to provide comprehensive support for domestic manufacturing, including legal compliance, facility setup, labor sourcing, logistics, and last-mile delivery [4]. Group 4: Operational Improvements - The initiative is expected to lead to shorter lead times and improved delivery reliability, localized control over production timelines and quality, optimized inventory management with real-time visibility, and expanded access to both digital and traditional sales channels [8].