Ipower vs Naas Technology
Ipower and Naas Technology are similar in size: $20.0m and $17.4m of revenue in their latest fiscal years. Naas Technology grew faster (-37.7% against -68.4%). Ipower kept more of each dollar of sales as profit: a net margin of -58.2% against -350.8%.
| Latest fiscal year | IpowerIPW, 2026 | Naas TechnologyNAAS, 2025 |
|---|---|---|
| Revenue | $20.0m | $17.4m |
| Revenue growth | -68.4% | -37.7% |
| Net income | −$11.6m | −$61.1m |
| Operating margin | — | -212.4% |
| Net margin | -58.2% | -350.8% |
| Return on equity | -66.0% | — |
| Free cash flow | −$163,466 | $74,026 |
| Cash | $478,042 | $11.6m |
| Total debt | $2.7m | $83.3m |
| Debt to equity | — | — |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | $41,755 | — |
| Employees | 2 | — |
| Market value | $260,826 | $7.0m |
| Price vs our value range | Below our value range | — |
| Moat score | 50 (Moderate) | — |
| Insider trades, 12 months | 1 buys, 1 sales | 0 buys, 0 sales |