Flagship explainer

How iPower Inc. makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$20M · 100%Cost of revenue$0 · 0%Gross profit$4M · 20%Operating income−$14.4M · −72%Income before tax−$16.5M · −83%Income tax−$3.1M · −15%Net income−$11.6M · −58%As of 2026-06-30 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$20M100%
Cost of revenue$00%
$4M20%
−$14.4M−72%
Income before tax−$16.5M−83%
Income tax−$3.1M−15%
−$11.6M−58%
Source: · event Jun 30, 2026 · retrieved Oct 16, 2026 · annual-row source set
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