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RANCHO CUCAMONGA, Calif. - iPower Inc. (NASDAQ:IPW), a $20.86 million market cap e-commerce retailer currently trading at $0.67 per share, announced Tuesday its plans to expand into blockchain technology across multiple business segments, including treasury operations, consumer offerings, and commerce infrastructure. According to InvestingPro analysis, the company appears undervalued based on its Fair Value metrics, though investors should note the stock’s high volatility with a beta of 3.52.
The e-commerce retailer, which generated $74.11 million in revenue over the last twelve months with a healthy gross profit margin of 45.7%, intends to allocate a portion of its capital toward acquiring digital assets as reserve holdings when resources become available. Rather than holding these assets passively, the company plans to deploy them into institutional lending structures designed to generate yield while preserving principal. For deeper insights into iPower’s financial health and growth potential, InvestingPro offers comprehensive analysis through its Pro Research Report, available for over 1,400 US stocks.
"We believe the future of commerce will be deeply integrated with digital assets," said Lawrence Tan, CEO of iPower Inc., according to the company’s press release.
The company also outlined plans to develop consumer-focused digital asset offerings aligned with its e-commerce capabilities, including cloud mining resale, hardware wallet distribution, and crypto financial product referrals through regulated partners.
Additionally, iPower is developing a commercial SaaS platform to support cross-border e-commerce and is evaluating stablecoin infrastructure for international settlements.
The company cited its status as a U.S.-based, publicly listed entity with experience in e-commerce logistics as positioning it to implement these initiatives.
iPower’s announcement includes forward-looking statements subject to various risks, including market volatility, regulatory changes, and operational challenges. The company noted there is no assurance these plans will be implemented successfully or achieve their intended objectives.
iPower describes itself as a technology and data-driven online retailer that also provides e-commerce services for third-party products and brands. Despite facing revenue headwinds with a 17.68% decline in the last twelve months, the company maintains a solid current ratio of 1.92, indicating strong short-term liquidity. InvestingPro rates the company’s overall financial health as "FAIR" with a score of 2.01, offering subscribers access to detailed metrics and expert analysis that go beyond surface-level financials.
In other recent news, iPower Inc. has received an extension from Nasdaq to meet the minimum bid price requirement for its stock, now having until December 29, 2025, to achieve compliance. Shareholders of iPower have also approved board elections and authorized a reverse stock split, based on recent voting results from the company’s annual meeting. In a strategic shift, iPower has announced plans to transition into a crypto treasury and blockchain infrastructure services company, indicating a significant change from its current business model. Additionally, iPower is advancing its U.S. manufacturing efforts by initiating the production of a new equipment line for its joint venture, United Package NV LLC, which is expected to become operational by Q4 2025. This move is part of iPower’s strategy to localize manufacturing through its "Made in USA" initiative. Furthermore, iPower has launched a joint venture named United Package NV LLC, aimed at producing packaging materials domestically, thereby enhancing supply chain resilience and reducing reliance on overseas manufacturing.
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