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 [12] - Gross profit decreased to $7.2 million from $10.3 million year-over-year, with gross margin at 43.3% compared to approximately 47% in the previous year [13] - 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 [15] - 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 [15][16] 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][7] Market Data and Key Metrics Changes - The majority of supplies are still sourced from China, although there is a growing presence of US-based suppliers [18] - The company is actively diversifying its supply chain to reduce dependency on international logistics and respond to geopolitical dynamics [9][10] Company Strategy and Development Direction - The company is focusing on building a more agile and durable supply chain by expanding manufacturing into the US and onboarding more US-based suppliers [5] - The "Made in USA" initiative aims to support domestic manufacturing by providing resources for legal compliance, facility sourcing, and local management [7][8] - The company is committed to enhancing operational efficiency and building a resilient supply chain as a strategic priority [9][10] 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 [11] - The company is taking a disciplined approach to capital allocation while strengthening its operational foundation [10][11] Other Important Information - The company has reduced operating expenses by 15% to $7.4 million, driven by lower general and administrative costs [14] - The ongoing efforts to diversify the supply chain and optimize operations are expected to deliver long-term value to customers and shareholders [16] 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 US-based suppliers now onboarded [18] Question: How does the current 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] 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 to successfully launching manufacturing in the US [24]

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]

[PART I. Financial Information](index=4&type=section&id=PART%20I.%20Financial%20Information) [Item 1. Unaudited Condensed Consolidated Financial Statements](index=4&type=section&id=Item%201.%20Unaudited%20Condensed%20Consolidated%20Financial%20Statements) The unaudited statements show decreased assets, lower revenue, and a net loss for Q3 FY2025 [Unaudited Condensed Consolidated Balance Sheets](index=4&type=section&id=Unaudited%20Condensed%20Consolidated%20Balance%20Sheets) Total assets and liabilities declined, driven by a significant drop in cash and repayment of loans Condensed Consolidated Balance Sheet Data (in USD) | Balance Sheet Item | March 31, 2025 | June 30, 2024 | | :--- | :--- | :--- | | **Current Assets** | | | | Cash and cash equivalents | $2,192,254 | $7,377,837 | | Accounts receivable, net | $10,179,237 | $14,740,093 | | Inventories, net | $9,772,699 | $10,546,273 | | **Total Assets** | **$40,506,481** | **$51,295,857** | | **Current Liabilities** | | | | Accounts payable, net | $8,034,949 | $11,227,116 | | Revolving loan payable, net (current) | $– | $5,500,739 | | **Total Liabilities** | **$19,788,534** | **$28,279,824** | | **Total Stockholders' Equity** | **$20,717,947** | **$23,016,033** | [Unaudited Condensed Consolidated Statements of Operations and Comprehensive (Loss) Income](index=6&type=section&id=Unaudited%20Condensed%20Consolidated%20Statements%20of%20Operations%20and%20Comprehensive%20(Loss)%20Income) Q3 FY2025 revenue fell 28.9%, resulting in a net loss of $0.34 million versus a prior-year profit Three Months Ended March 31, (in USD) | Metric | 2025 | 2024 | Change | | :--- | :--- | :--- | :--- | | Total Revenues | $16,569,678 | $23,308,508 | -28.9% | | Gross Profit | $7,176,974 | $10,367,109 | -30.8% | | (Loss) Income from Operations | $(269,003) | $1,601,276 | -116.8% | | Net (Loss) Income Attributable to iPower Inc. | $(339,599) | $1,016,082 | -133.4% | | Basic & Diluted EPS | $(0.01) | $0.03 | -133.3% | Nine Months Ended March 31, (in USD) | Metric | 2025 | 2024 | Change | | :--- | :--- | :--- | :--- | | Total Revenues | $54,650,770 | $66,617,004 | -18.0% | | Gross Profit | $24,054,757 | $29,444,194 | -18.3% | | (Loss) from Operations | $(2,331,830) | $(2,219,748) | +5.0% | | Net Loss Attributable to iPower Inc. | $(2,150,061) | $(2,185,261) | -1.6% | | Basic & Diluted EPS | $(0.07) | $(0.07) | 0.0% | [Unaudited Condensed Consolidated Statements of Cash Flows](index=9&type=section&id=Unaudited%20Condensed%20Consolidated%20Statements%20of%20Cash%20Flows) Net cash from operations turned negative, and total cash decreased by $5.2 million in the nine-month period Cash Flow Summary for Nine Months Ended March 31, (in USD) | Cash Flow Activity | 2025 | 2024 | | :--- | :--- | :--- | | Net cash (used in) provided by operating activities | $(500,214) | $5,151,956 | | Net cash used in investing activities | $(1,519,928) | $– | | Net cash used in financing activities | $(3,168,925) | $(6,100,000) | | **Change in Cash and Cash Equivalents** | **$(5,185,583)** | **$(1,020,918)** | [Notes to Unaudited Condensed Consolidated Financial Statements](index=11&type=section&id=Notes%20to%20Unaudited%20Condensed%20Consolidated%20Financial%20Statements) Notes detail the VIE structure, a $1.57 million credit loss, debt amendments, a legal settlement, and high revenue concentration with Amazon - The company recorded a credit loss of **$1,569,029** for the nine months ended March 31, 2025, after determining that the collectability of certain amounts withheld by sales channel partners was remote[40](index=40&type=chunk)[92](index=92&type=chunk) - On November 8, 2024, the company amended its credit agreement with JPMorgan Chase, reducing the aggregate revolving commitment to **$15 million** and extending the maturity date to November 8, 2027[102](index=102&type=chunk) - The company settled a legal dispute with Boustead Securities for **$1.3 million**, paid in four installments, which was fully paid off as of March 31, 2025[162](index=162&type=chunk) - For the nine months ended March 31, 2025, sales through Amazon accounted for **85% of the company's total revenues**[149](index=149&type=chunk) - During the quarter ended March 31, 2025, the company reassessed stock option performance conditions, resulting in a reversal of **$674,720** in previously recorded stock-based compensation expense[137](index=137&type=chunk) [Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations](index=39&type=section&id=Item%202.%20Management's%20Discussion%20and%20Analysis%20of%20Financial%20Condition%20and%20Results%20of%20Operations) Management discusses the revenue decline due to tariff uncertainty, decreased operating expenses, and reduced liquidity [Results of Operations](index=40&type=section&id=Results%20of%20Operations) Q3 revenue fell 28.9% due to tariff uncertainty, leading to an operating loss, while nine-month revenue dropped 18.0% - Q3 2025 revenue decreased **28.9% YoY**, primarily due to uncertainty over tariffs and a reduction in Amazon vendor orders[178](index=178&type=chunk) - Nine-month 2025 revenue decreased **18.0% YoY**, mainly from a decrease in sales volume as the company offered fewer promotions and clearance activities[188](index=188&type=chunk) - Q3 2025 operating expenses decreased **15.1% YoY**, mainly due to a $1.4 million decrease in G&A expenses, which included a reversal of stock-based compensation expense of $674,720[181](index=181&type=chunk) - Nine-month 2025 operating expenses decreased **16.7% YoY**, driven by a $6.4 million reduction in selling and fulfillment expenses, partially offset by a $1.1 million increase in G&A expenses[191](index=191&type=chunk) [Liquidity and Capital Resources](index=43&type=section&id=Liquidity%20and%20Capital%20Resources) Cash decreased by $5.2 million to $2.2 million, but management believes liquidity is sufficient for the next 12 months Liquidity Overview (in millions USD) | Metric | March 31, 2025 | June 30, 2024 | | :--- | :--- | :--- | | Cash and cash equivalents | $2.2 | $7.4 | | Working Capital | $11.9 | $11.2 | - Net cash used in operating activities for the nine months ended March 31, 2025 was **$(500,214)**, a significant decline from $5,151,956 in cash provided by operations in the prior year period[201](index=201&type=chunk) - The company has approximately **$11.5 million in unused credit** under its revolving line of credit with JPM[198](index=198&type=chunk) [Critical Accounting Policies and Estimates](index=45&type=section&id=Critical%20Accounting%20Policies%20and%20Estimates) Key accounting estimates involve revenue recognition, credit loss allowances, inventory valuation, and goodwill impairment - Key critical accounting policies include: **Revenue Recognition, Accounts Receivable, Inventory, Variable Interest Entities, Goodwill, Intangible Assets, Stock-based Compensation, and Income Taxes**[205](index=205&type=chunk)[206](index=206&type=chunk)[210](index=210&type=chunk)[213](index=213&type=chunk) - The company recorded an additional allowance for credit losses of **$1,569,031** for the nine months ended March 31, 2025, after determining the collectability of certain amounts from sales channel partners was remote[212](index=212&type=chunk) - Goodwill is not amortized but is reviewed for impairment annually or when triggering events occur; **no impairment was noted** during the nine months ended March 31, 2025[219](index=219&type=chunk) [Item 3. Quantitative and Qualitative Disclosures About Market Risk](index=48&type=section&id=Item%203.%20Quantitative%20and%20Qualitative%20Disclosures%20About%20Market%20Risk) The company is a smaller reporting company and is not required to provide this information - As a "smaller reporting company," iPower Inc. is **not required to provide** quantitative and qualitative disclosures about market risk[227](index=227&type=chunk) [Item 4. Controls and Procedures](index=48&type=section&id=Item%204.%20Controls%20and%20Procedures) Management concluded that internal controls over financial reporting were not effective due to a material weakness - Management concluded that as of March 31, 2025, the company's internal controls over financial reporting were **not effective**[229](index=229&type=chunk) - The identified material weakness relates to controls over the financial statement closing process, which were **not adequately designed** to identify material misstatements on a timely basis[229](index=229&type=chunk) - **Remediation plans** are being implemented, including hiring additional accountants and consultants[229](index=229&type=chunk) [PART II. Other Information](index=49&type=section&id=PART%20II.%20Other%20Information) [Item 1. Legal Proceedings](index=49&type=section&id=Item%201.%20Legal%20Proceedings) The company is not currently party to any material legal proceedings - The company is **not presently party** to any material legal proceedings or claims[232](index=232&type=chunk) [Item 1A. Risk Factors](index=49&type=section&id=Item%201A.%20Risk%20Factors) Key risks include potential Nasdaq delisting for low stock price and significant uncertainty from U.S.-China trade policies - The company received a notice from Nasdaq for failing to meet the minimum $1.00 bid price requirement and faces a **potential delisting** if compliance is not regained by July 1, 2025[234](index=234&type=chunk) - Changes in U.S. and international trade policies, particularly with China, pose a significant risk, as **tariff volatility could adversely affect** demand and financial results[237](index=237&type=chunk)[238](index=238&type=chunk) [Item 2. Unregistered Sale of Equity Securities and Use of Proceeds](index=50&type=section&id=Item%202.%20Unregistered%20Sale%20of%20Equity%20Securities%20and%20Use%20of%20Proceeds) No unregistered sales of equity securities were reported during the period - None[240](index=240&type=chunk) [Item 3. Defaults Upon Senior Securities](index=50&type=section&id=Item%203.%20Defaults%20Upon%20Senior%20Securities) No defaults upon senior securities were reported during the period - None[241](index=241&type=chunk) [Item 4. Mine Safety Disclosures](index=50&type=section&id=Item%204.%20Mine%20Safety%20Disclosures) This item is not applicable to the company's business - Not Applicable[242](index=242&type=chunk) [Item 5. Other Information](index=50&type=section&id=Item%205.%20Other%20Information) No directors or officers adopted or terminated Rule 10b5-1 trading arrangements during the quarter - No directors or officers adopted or terminated a Rule 10b5-1 or non-Rule 10b5-1 trading arrangement during the quarter[243](index=243&type=chunk) [Item 6. Exhibits](index=51&type=section&id=Item%206.%20Exhibits) This section lists filed exhibits, including CEO/CFO certifications and Inline XBRL data - Exhibits filed include **CEO and CFO certifications** (31.1, 31.2, 32.1, 32.2) and Inline XBRL documents[248](index=248&type=chunk)

[Management Commentary](index=1&type=section&id=Management%20Commentary) Management discussed strategic supply chain diversification, SuperSuite business growth, and improved operating expenses and debt reduction - The company is actively diversifying its supply chain by expanding manufacturing into the U.S. and sourcing from new geographies to reduce external volatility[2](index=2&type=chunk) - The **SuperSuite business** has grown to represent approximately **20% of the total revenue mix**, indicating strong demand for its end-to-end supply chain solutions[2](index=2&type=chunk) - Despite revenue challenges, the company achieved a **10% improvement in operating expenses** and reduced **total debt obligations by nearly 20%** during the quarter[2](index=2&type=chunk) [Fiscal Third Quarter 2025 Financial Results](index=1&type=section&id=Fiscal%20Third%20Quarter%202025%20Financial%20Results) iPower reported **$16.6 million** revenue and a **$0.3 million** net loss, offset by improved operating expenses and reduced total debt Fiscal Q3 2025 vs. Fiscal Q3 2024 Key Metrics | Metric | Fiscal Q3 2025 | Fiscal Q3 2024 | | :--- | :--- | :--- | | Total Revenue | $16.6 million | $23.3 million | | Gross Profit | $7.2 million | $10.4 million | | Gross Margin | 43.3% | 44.5% | | Net (Loss) Income | $(0.3) million | $1.0 million | | (Loss) Earnings Per Share | $(0.01) | $0.03 | - The decrease in revenue was primarily driven by lower product sales to the Company's largest channel partner, partially offset by growth in SuperSuite supply chain offerings[3](index=3&type=chunk) - Total operating expenses improved by **15% to $7.4 million**, down from **$8.8 million** in the prior-year quarter, due to optimization initiatives and lower fulfillment costs[6](index=6&type=chunk) - Total debt was reduced by **43% to $3.6 million** as of March 31, 2025, compared to **$6.3 million** as of June 30, 2024, strengthening the company's balance sheet[4](index=4&type=chunk)[7](index=7&type=chunk) [Financial Statements](index=4&type=section&id=Financial%20Statements) The unaudited condensed consolidated financial statements detail the company's financial position and performance, reflecting reduced assets and liabilities [Unaudited Condensed Consolidated Balance Sheets](index=4&type=section&id=Unaudited%20Condensed%20Consolidated%20Balance%20Sheets) As of March 31, 2025, total assets decreased to **$40.5 million** and total liabilities significantly reduced to **$19.8 million** Balance Sheet Summary (As of March 31, 2025 vs. June 30, 2024) | Account | March 31, 2025 (Unaudited) | June 30, 2024 | | :--- | :--- | :--- | | Cash and cash equivalent | $2,192,254 | $7,377,837 | | Total current assets | $24,805,158 | $35,010,737 | | Total assets | $40,506,481 | $51,295,857 | | Total current liabilities | $12,947,147 | $23,770,015 | | Total liabilities | $19,788,534 | $28,279,824 | | Total stockholders' equity | $20,717,947 | $23,016,033 | [Unaudited Condensed Consolidated Statements of Operations](index=6&type=section&id=Unaudited%20Condensed%20Consolidated%20Statements%20of%20Operations) For the three months ended March 31, 2025, total revenues were **$16.6 million**, resulting in a **$0.3 million** net loss Statement of Operations Summary (Three Months Ended March 31) | Account | 2025 (Unaudited) | 2024 (Unaudited) | | :--- | :--- | :--- | | Total revenues | $16,569,678 | $23,308,508 | | Gross Profit | $7,176,974 | $10,367,109 | | Total operating expenses | $7,445,977 | $8,765,833 | | (Loss) Income from Operations | $(269,003) | $1,601,276 | | Net (Loss) Income Attributable to iPower | $(339,599) | $1,016,082 | | Basic (Losses) Earnings Per Share | $(0.01) | $0.03 | [Conference Call](index=2&type=section&id=Conference%20Call) iPower will host a conference call on May 15, 2025, at 4:30 p.m. ET to discuss fiscal Q3 2025 results, with webcast available - A conference call to discuss results is scheduled for **Thursday, May 15, 2025, at 4:30 p.m. Eastern time**[8](index=8&type=chunk)[10](index=10&type=chunk) - A live webcast and replay of the call will be accessible in the Events & Presentations section of the company's website, **www.meetipower.com**[11](index=11&type=chunk)

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 Insights - iPower Inc. has launched a new strategic initiative under its SuperSuite supply chain platform to enhance domestic manufacturing and assembly capabilities in the United States [1][3] Group 1: Initiative Overview - The "Made In USA" module aims to support the establishment and expansion of domestic manufacturing lines by providing resources for legal compliance, facility setup, labor sourcing, funding opportunities, and sales channels [2][3] - This initiative is part of a broader strategy to address the global trend of reshoring, which is essential for supply chain resilience amid geopolitical shifts [3] Group 2: Company Commitment - The CEO of iPower emphasized that the "Made In USA" platform is designed to strengthen supply chain capabilities and contribute to the revival of American manufacturing, creating opportunities for economic growth and job creation [4] - iPower is engaging with a sales partner to establish a domestic production line, leveraging its support infrastructure and established sales network to efficiently scale production [4] Group 3: Company Background - iPower Inc. is a tech-driven online retailer and provider of ecommerce services, with capabilities including a nationwide warehouse network and robust fulfillment capacity [5]

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].

Company Overview - iPower Inc. is a tech and data-driven online retailer and provider of value-added ecommerce services for third-party products and brands [3] - The company offers a full spectrum of online channels, robust fulfillment capacity, a nationwide network of warehouses, competitive last mile delivery partners, and a differentiated business intelligence platform [3] - iPower aims to efficiently move a diverse catalog of SKUs from supply chain partners to end consumers, providing the best value to customers in the U.S. and other countries [3] Conference Participation - iPower will participate in the 37th Annual Roth Conference taking place at the Laguna Cliffs Marriott Hotel in Dana Point, California from March 16-18, 2025 [1] - The company will host one-on-one meetings throughout the day on March 17, 2025 [1]

Core Viewpoint - iPower Inc. is actively participating in the 37th Annual Roth Conference, showcasing its position as a tech and data-driven ecommerce services provider and online retailer [1]. Company Overview - iPower Inc. operates as a tech and data-driven online retailer, offering value-added ecommerce services for third-party products and brands [3]. - The company boasts a comprehensive range of online channels, robust fulfillment capacity, a nationwide warehouse network, competitive last mile delivery partners, and a unique business intelligence platform [3]. - iPower aims to efficiently deliver a diverse catalog of SKUs from supply chain partners to end consumers, providing optimal value to customers in the U.S. and internationally [3]. Conference Participation - iPower will host one-on-one meetings on March 17, 2025, during the Roth Conference, allowing for direct engagement with its management team [1][2].

SuperSuite Now Accounts for Approximately 20% of iPower’s Total Revenue MixRANCHO CUCAMONGA, Calif., March 13, 2025 (GLOBE NEWSWIRE) -- iPower Inc. (Nasdaq: IPW) (“iPower” or the “Company”), a tech and data-driven ecommerce services provider and online retailer, today announced its SuperSuite supply chain business (“SuperSuite”) has achieved a significant growth milestone as it now accounts for approximately 20% of the Company’s total revenue mix. “Our ability to scale SuperSuite to approximately 20% of our ...