IPOWER ( (IPW) ) has released a notification of late filing.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
iPower Inc. has announced a delay in filing its Form 10-K (Yearly Report) for the financial period ending June 30, 2025. The primary reason for this delay is the recent change in auditing firms, which has caused a setback in completing the necessary audit review and confirmation processes. The company expects to file the report within the 15-day extension period allowed under Rule 12b-25. iPower has indicated that there will be no significant changes in its financial results compared to the previous fiscal year. The notification was signed by Chenlong Tan, the Chief Executive Officer, who assured ongoing compliance efforts.
Spark’s Take on IPW Stock
According to Spark, TipRanks’ AI Analyst, IPW is a Neutral.
IPOWER’s overall stock score of 53 reflects its mixed financial performance, with significant profitability and cash flow challenges offset by recent positive earnings call outcomes. The technical analysis suggests a neutral trend, while the valuation metrics indicate potential overvaluation concerns. The company’s efforts to improve revenue and profitability, as highlighted in the earnings call, provide some optimism for future performance.
To see Spark’s full report on IPW stock, click here.
More about IPOWER
Average Trading Volume: 998,208
Technical Sentiment Signal: Sell
Current Market Cap: $16.81M
For a thorough assessment of IPW stock, go to TipRanks’ Stock Analysis page.