Ipower Inc. balance sheet
At the end of fiscal 2026, Ipower Inc. had total assets of $29.0m, total liabilities of $12.0m and shareholders' equity of $16.9m. It held $478,042 in cash against $2.7m of debt.
Balance sheet
| Fiscal year | 2020Jun 2020 | 2021Jun 2021 | 2022Jun 2022 | 2023Jun 2023 | 2024Jun 2024 | 2025Jun 2025 | 2026Jun 2026 |
|---|---|---|---|---|---|---|---|
| Cash and equivalents | 1 | 7 | 2 | 4 | 7 | 2 | 0 |
| Receivables | 6 | 8 | 17 | 14 | 15 | 6 | 4 |
| Inventory | 6 | 13 | 30 | 21 | 11 | 8 | 0 |
| Total current assets | 13 | 32 | 55 | 41 | 35 | 19 | 11 |
| Goodwill | — | 0 | 6 | 3 | 3 | 3 | 0 |
| Total assets | 14 | 36 | 79 | 60 | 51 | 36 | 29 |
| Accounts payable | 4 | 4 | 10 | 13 | 11 | 7 | — |
| Deferred revenue (current) | 1 | 0 | 0 | 0 | — | — | — |
| Total current liabilities | 10 | 9 | 23 | 23 | 24 | 14 | 7 |
| Short-term debt | — | — | — | — | 0 | 0 | — |
| Long-term debt | 1 | 0 | — | — | — | 0 | 3 |
| Total debt | 1 | 0 | 12 | 10 | 6 | 4 | 3 |
| Total liabilities | 11 | 11 | 46 | 39 | 28 | 17 | 12 |
| Shareholders' equity | 3 | 25 | 32 | 21 | 23 | 18 | 17 |
| Shares outstanding | 20m | — | 30m | 30m | 31m | — | — |
| Quarter | 2025 Q1Sept 2024 | 2025 Q2Dec 2024 | 2025 Q3Mar 2025 | 2025 Q4Jun 2025 | 2026 Q1Sept 2025 | 2026 Q2Dec 2025 | 2026 Q3Mar 2026 | 2026 Q4Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Receivables | 12 | 14 | 10 | 6 | 5 | 5 | 7 | 4 |
| Inventory | 9 | 9 | 10 | 8 | 4 | 4 | 3 | 0 |
| Total current assets | 26 | 28 | 25 | 19 | 12 | 15 | 14 | 11 |
| Goodwill | 3 | 3 | 3 | 3 | 3 | 3 | 0 | 0 |
| Total assets | 42 | 44 | 41 | 36 | 29 | 34 | 31 | 29 |
| Accounts payable | 8 | 9 | 8 | 7 | 4 | 3 | 3 | — |
| Total current liabilities | 14 | 15 | 13 | 14 | 8 | 8 | 7 | 7 |
| Short-term debt | 0 | 0 | 0 | 0 | — | 2 | — | — |
| Long-term debt | — | — | — | 0 | — | 4 | 4 | 3 |
| Total debt | 0 | 0 | 0 | 0 | — | 6 | 4 | 3 |
| Total liabilities | 21 | 22 | 20 | 17 | 11 | 16 | 14 | 12 |
| Shareholders' equity | 21 | 22 | 21 | 18 | 18 | 18 | 17 | 17 |
| Shares outstanding | 31m | 31m | 31m | — | 1m | 1m | 2m | — |
Compare with peers
- Naas Technology Inc. balance sheet
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