iPower Inc.

NasdaqCM:IPW Stock Report

Market Cap: US$1.1m

iPower Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Lawrence Tan

Chief executive officer

US$689.0k

Total compensation

CEO salary percentage38.32%
CEO tenure8.1yrs
CEO ownership19.7%
Management average tenureno data
Board average tenure4.4yrs

Recent management updates

Analysis Article • Jun 16

We Think Some Shareholders May Hesitate To Increase iPower Inc.'s (NASDAQ:IPW) CEO Compensation

Key Insights iPower to hold its Annual General Meeting on 23rd of June Total pay for CEO Lawrence Tan includes...

Recent updates

Analysis Article • Aug 20

Would iPower (NASDAQ:IPW) Be Better Off With Less Debt?

NasdaqCM:IPW 1 Year Share Price vs Fair Value Explore iPower's Fair Values from the Community and select yours David...
Analysis Article • Jun 20

iPower Inc.'s (NASDAQ:IPW) Shares Bounce 42% But Its Business Still Trails The Industry

iPower Inc. ( NASDAQ:IPW ) shares have had a really impressive month, gaining 42% after a shaky period beforehand...
Analysis Article • Jun 16

We Think Some Shareholders May Hesitate To Increase iPower Inc.'s (NASDAQ:IPW) CEO Compensation

Key Insights iPower to hold its Annual General Meeting on 23rd of June Total pay for CEO Lawrence Tan includes...
Analysis Article • May 06

There's No Escaping iPower Inc.'s (NASDAQ:IPW) Muted Revenues Despite A 26% Share Price Rise

iPower Inc. ( NASDAQ:IPW ) shareholders are no doubt pleased to see that the share price has bounced 26% in the last...
Analysis Article • Apr 07

iPower (NASDAQ:IPW) Has A Somewhat Strained Balance Sheet

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article • Feb 08

iPower Inc. (NASDAQ:IPW) Stock's 32% Dive Might Signal An Opportunity But It Requires Some Scrutiny

Unfortunately for some shareholders, the iPower Inc. ( NASDAQ:IPW ) share price has dived 32% in the last thirty days...
Analysis Article • Jan 07

Is iPower (NASDAQ:IPW) Using Too Much Debt?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article • Nov 14

It's Down 34% But iPower Inc. (NASDAQ:IPW) Could Be Riskier Than It Looks

iPower Inc. ( NASDAQ:IPW ) shares have had a horrible month, losing 34% after a relatively good period beforehand. The...
Analysis Article • Sep 28

iPower Inc.'s (NASDAQ:IPW) Shares Leap 38% Yet They're Still Not Telling The Full Story

iPower Inc. ( NASDAQ:IPW ) shareholders are no doubt pleased to see that the share price has bounced 38% in the last...
Analysis Article • Aug 11

iPower Inc. (NASDAQ:IPW) May Have Run Too Fast Too Soon With Recent 31% Price Plummet

The iPower Inc. ( NASDAQ:IPW ) share price has softened a substantial 31% over the previous 30 days, handing back much...
Analysis Article • Jun 14

Revenues Not Telling The Story For iPower Inc. (NASDAQ:IPW) After Shares Rise 249%

iPower Inc. ( NASDAQ:IPW ) shares have continued their recent momentum with a 249% gain in the last month alone. The...
Analysis Article • Apr 19

Health Check: How Prudently Does iPower (NASDAQ:IPW) Use Debt?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article • Feb 18

iPower Inc. (NASDAQ:IPW) Shares Fly 32% But Investors Aren't Buying For Growth

iPower Inc. ( NASDAQ:IPW ) shareholders have had their patience rewarded with a 32% share price jump in the last month...
Analysis Article • Aug 08

Not Many Are Piling Into iPower Inc. (NASDAQ:IPW) Stock Yet As It Plummets 42%

The iPower Inc. ( NASDAQ:IPW ) share price has softened a substantial 42% over the previous 30 days, handing back much...
Analysis Article • Feb 17

iPower Inc. (NASDAQ:IPW) Analysts Are More Bearish Than They Used To Be

The latest analyst coverage could presage a bad day for iPower Inc. ( NASDAQ:IPW ), with the analysts making...
Seeking Alpha • Sep 27

iPower GAAP EPS of -$0.05 misses by $0.09, revenue of $22.1M beats by $1.1M

iPower press release (NASDAQ:IPW): Q4 GAAP EPS of -$0.05 misses by $0.09. Revenue of $22.1M (+50.1% Y/Y) beats by $1.1M. Fiscal 2022 Results vs. Fiscal 2021 Total revenue increased 47% to $79.4 million vs 78.30M Consensus Gross profit increased 46% to $33.2 million. As a percentage of revenue, gross margin was 41.8% compared to 42.2%. Net income increased significantly to $1.5 million or $0.05 vs 0.14 Consensus per share compared to a net loss of $0.8 million or $(0.04) per share.
Seeking Alpha • Jun 28

iPower Targets Diversification Efforts

iPower went public in May 2021, raising $17 million in gross proceeds in an IPO. The firm sells hydroponic farming products in the U.S. and overseas. IPW has produced growth but appears to be diversifying from its core business. I'm Neutral on it as I'm skeptical of such diversification efforts as being dilutive to management's focus.

CEO Compensation Analysis

How has Lawrence Tan's remuneration changed compared to iPower's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2025n/an/a

-US$5m

Sep 30 2025n/an/a

-US$3m

Jun 30 2025US$689kUS$264k

-US$5m

Mar 31 2025n/an/a

-US$1m

Dec 31 2024n/an/a

-US$137k

Sep 30 2024n/an/a

-US$2m

Jun 30 2024US$327kUS$264k

-US$2m

Mar 31 2024n/an/a

-US$5m

Dec 31 2023n/an/a

-US$8m

Sep 30 2023n/an/a

-US$9m

Jun 30 2023US$327kUS$264k

-US$12m

Mar 31 2023n/an/a

-US$10m

Dec 31 2022n/an/a

-US$8m

Sep 30 2022n/an/a

-US$4m

Jun 30 2022US$421kUS$264k

US$2m

Mar 31 2022n/an/a

US$961k

Dec 31 2021n/an/a

-US$428k

Sep 30 2021n/an/a

-US$650k

Jun 30 2021US$274kUS$240k

-US$776k

Mar 31 2021n/an/a

US$2m

Dec 31 2020n/an/a

US$3m

Sep 30 2020n/an/a

US$3m

Jun 30 2020US$113kUS$86k

US$2m

Jun 30 2019US$38kUS$11k

US$528k

Compensation vs Market: Lawrence's total compensation ($USD688.97K) is about average for companies of similar size in the US market ($USD622.91K).

Compensation vs Earnings: Lawrence's compensation has increased whilst the company is unprofitable.

CEO

Lawrence Tan (41 yo)

8.1yrs
Tenure
US$688,972
Compensation

Mr. Chenlong Tan, also known as Lawrence, co-founded iPower Inc. in 2018 and has been its Interim Chief Financial Officer since May 31, 2025 and held the same position from January 2020 until January 2021....

Board Members

NamePositionTenureCompensationOwnership
Chenlong Tan
Co-Founder6.3yrsUS$688.97k19.67%
$ 211.8k
Bennet Price-Lientz Tchaikovsky
Independent Director5yrsUS$60.00k0.24%
$ 2.6k
Hanxi Li
Independent Director4.4yrsUS$55.00k0.24%
$ 2.6k
Yue Guo
Independent Director1yrno data0.028%
$ 302.1
Yi Yang
Directorless than a yearno datano data
4.4yrs
Average Tenure
38yo
Average Age

Experienced Board: IPW's board of directors are considered experienced (4.4 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/11 02:09
End of Day Share Price 2026/05/11 00:00
Earnings2025/12/31
Annual Earnings2025/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

iPower Inc. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.