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].

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]

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].

Core Viewpoint - iPower Inc. has announced the formation of a joint venture, United Package NV LLC, marking a significant step in establishing a "Made in USA" manufacturing initiative within its SuperSuite Supply Chain Platform [1][2][3] Group 1: Joint Venture and Manufacturing Initiative - The joint venture aims to create a localized manufacturing infrastructure in the U.S. focused on producing packaging materials to meet the growing demands of domestic businesses [2][3] - This initiative is part of iPower's strategy to reshore critical manufacturing capabilities and enhance supply chain resilience [3][4] Group 2: Benefits of the "Made in USA" Module - The "Made in USA" module within the SuperSuite is designed to support manufacturing initiatives by providing legal guidance, facility planning, workforce development, and access to distribution and e-commerce infrastructure [3][7] - Key benefits include faster turnaround times, reduced exposure to global shipping volatility, enhanced sustainability, transparent vendor collaboration, and improved inventory responsiveness [7] Group 3: Future Plans - iPower plans to expand its "Made in USA" initiative by forming additional strategic ventures and supporting a new wave of domestic manufacturers across various categories [4]

iPower (IPW) Q3 2025 Earnings Call May 15, 2025 04:30 PM ET Company Participants Kevin Vassily - Chief Financial OfficerChenlong Tan - Co-Founder, Chairman, CEO, President & SecretaryKunal Madhukar - Managing Director Operator Good afternoon, everyone, thank you for participating in today's conference call to discuss iPower's financial results for its fiscal third quarter twenty twenty five ending 03/31/2025. Joining us today are iPower's Chairman and CEO, Mr. Lawrence Tan and the company's CFO, Mr. Kevin V ...

Financial Data and Key Metrics Changes - Total revenue for Q3 2025 was $16.6 million, down from $23.3 million in the prior year, primarily due to lower product sales to the largest channel partner, partially offset by growth in SuperSuite offerings [13] - Gross profit decreased to $7.2 million from $10.3 million, with gross margin at 43.3% compared to approximately 47% in the previous year, driven by an increase in services income [14] - Net loss attributable to iPower was $340,000 or a loss of $0.01 per share, compared to net income of $1 million or a profit of $0.03 per share in the same period last year [16] - Cash and cash equivalents were $2.2 million as of March 31, 2025, down from $7.4 million at June 30, 2024, while total debt was reduced by 43% to $3.6 million [16][17] Business Line Data and Key Metrics Changes - SuperSuite now accounts for approximately 20% of total revenue, indicating significant adoption of integrated supply chain offerings [6] - The company is enhancing SuperSuite capabilities by adding functions from value-added partners across logistics, merchandising, and data analytics [6][8] Market Data and Key Metrics Changes - The majority of supplies are still sourced from China, although there is an ongoing effort to diversify suppliers, including onboarding US-based suppliers [19] - The company is actively engaging with a sales partner in the US to establish a comprehensive domestic production line, reflecting a strategic shift towards local manufacturing [9][11] Company Strategy and Development Direction - The company is focusing on diversifying its supply chain and expanding manufacturing into the US to build a more agile and durable supply chain [5][10] - The Made in USA initiative aims to support domestic manufacturing by providing resources for legal compliance, facility sourcing, and access to sales channels [8][9] - The commitment to enhancing operational efficiency and building a resilient supply chain remains a strategic priority [10][11] Management's Comments on Operating Environment and Future Outlook - Management acknowledges a cautious demand environment but believes that diversification efforts and the momentum in SuperSuite will help navigate current market conditions [12] - The company is taking a disciplined approach to capital allocation while strengthening its operational foundation [11][12] Other Important Information - The company has reduced operating expenses by 15% to $7.4 million, driven by lower general and administrative costs and reduced selling and fulfillment expenses [14][15] - The ongoing efforts to diversify the supply chain are expected to yield operational benefits, including improved production economics and streamlined logistics [11][17] Q&A Session Summary Question: What is the exposure to different geographies based on sales in Q3? - Management indicated that while Southeast Asia is growing, the majority of supplies still come from China, with efforts ongoing to diversify further [19] Question: How does the inventory situation affect the largest channel partner's reordering? - Management emphasized the importance of maintaining adequate inventory levels in the US to balance overall demand and avoid overstocking [20][22] Question: What expertise does the company have in supporting the Made in USA initiative? - Management highlighted their established sales channels, product capabilities, and understanding of local policies as critical components for successfully launching manufacturing in the US [25][26][27]

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 March 31, 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) (State or ...

iPower Reports Fiscal Third Quarter 2025 Results iPower Management to Host Conference Call Today at 4:30 p.m. Eastern Time RANCHO CUCAMONGA, CA, May 15, 2025 -- iPower Inc. (Nasdaq: IPW) ("iPower" or the "Company"), a tech and data-driven ecommerce services provider and online retailer, today announced its financial results for the fiscal third quarter ended March 31, 2025. Fiscal Q3 2025 Results vs. Year-Ago Quarter Management Commentary Exhibit 99.1 "We made important strides in strengthening our operatio ...

Core Viewpoint - iPower Inc. reported a decline in total revenue for the fiscal third quarter of 2025, primarily due to lower product sales to its largest channel partner, while the SuperSuite business showed growth and now represents approximately 20% of total revenue [4][3]. Financial Results - Total revenue for Q3 2025 was $16.6 million, down from $23.3 million in Q3 2024, reflecting a decrease in product sales [4][8]. - Gross profit decreased to $7.2 million from $10.4 million year-over-year, with a gross margin of 43.3% compared to 44.5% in the previous year [5][8]. - Operating expenses improved by 15% to $7.4 million from $8.8 million in Q3 2024, driven by lower general and administrative costs [6][8]. - The net loss attributable to iPower was $0.3 million or $(0.01) per share, compared to a net income of $1.0 million or $0.03 per share in Q3 2024 [7][8]. Management Commentary - The CEO highlighted efforts to diversify the supply chain by expanding manufacturing into the U.S. and building relationships with alternative suppliers [3]. - The CFO noted a 10% improvement in operating expenses and a nearly 20% reduction in total debt obligations during the quarter [3]. Business Segment Performance - The SuperSuite business is gaining traction, contributing approximately 20% to total revenue, indicating strong demand for end-to-end supply chain solutions [3].

Core Viewpoint - iPower Inc. will host a conference call on May 15, 2025, to discuss its financial results for the fiscal third quarter ended March 31, 2025 [1][2]. Company Overview - iPower Inc. is a tech and data-driven online retailer and provider of ecommerce services, offering a full spectrum of online channels, robust fulfillment capacity, and a nationwide network of warehouses [4]. - The company aims to efficiently move a diverse catalog of SKUs from supply chain partners to end consumers, providing value to customers in the U.S. and other countries [4]. Conference Call Details - The conference call is scheduled for May 15, 2025, at 4:30 p.m. Eastern time, with a question-and-answer period following the management's presentation [2]. - Participants are encouraged to dial in 5-10 minutes prior to the start time, and a live webcast will also be available for replay on the company's website [3]. Investor Relations - For any inquiries, investors can contact the investor relations team at Elevate IR [6].