IPW Revenue Flow Filed revenue amounts for 2025-07-01 to 2026-06-30. Coverage is partial. Unconnected amounts are separate disclosures; they must not be added together.
2026-03-31: Revenue $3.50M ; Cost of revenue $2.74M ; Selling, general and administrative (m) ; Operating expenses $1.90M . 2025-12-31: Revenue $7.13M ; Cost of revenue $3.99M ; Selling, general and administrative $2.50M ; Operating expenses $5.58M . 2025-09-30: Revenue $12.02M ; Cost of revenue $7.21M ; Selling, general and administrative $1.32M ; Operating expenses $6.50M . 2025-06-30: Revenue (m) ; Cost of revenue (m) ; Selling, general and administrative $2.35M* ; Operating expenses (m) . Consolidated Entities Separate filed amounts; connecting flows are not established. Components and totals may overlap.
IPW revenue flow Filed amounts. Only explicit calculation relationships connect amounts; dimensional membership alone does not establish an additive flow. Variable Interest Entity Primary Beneficiary $0.00 Revenue $19.96M Gross profit $4.04M Operating expenses $18.47M Operating income -$14.43M Other income, net $525.43K Pre-tax income -$16.49M Income tax -$3.08M Net income -$11.62M
Product or service Separate filed amounts; connecting flows are not established. Components and totals may overlap.
IPW revenue flow Filed amounts. Only explicit calculation relationships connect amounts; dimensional membership alone does not establish an additive flow. Product $18.42M Service $1.53M Revenue $19.96M Gross profit $4.04M Operating expenses $18.47M Operating income -$14.43M Other income, net $525.43K Pre-tax income -$16.49M Income tax -$3.08M Net income -$11.62M
Finer product or service dollar figures and nonoverlapping groupings are shown only where supported by the retained filing evidence. Growth percentages are never converted to revenue dollars.
Historical revenue and expense breakdown Revenue and expense 3 month Period end Revenue Cost of revenue Selling, general and administrative Operating expenses Income tax Net income 2026-03-31 $3.50M $2.74M (m) $1.90M -$326.50K (m) 2025-12-31 $7.13M $3.99M $2.50M $5.58M -$820.51K (m) 2025-09-30 $12.02M $7.21M $1.32M $6.50M -$463.58K (m) 2025-06-30 (m) (m) $2.35M* (m) (m) (m) 2025-03-31 $16.04M $9.19M $1.91M $7.19M $6.36K (m) 2024-12-31 $19.07M $10.68M $3.08M $7.71M $120.51K $218.82K 2024-09-30 $19.01M $10.52M $5.32M $11.23M -$636.51K -$2.03M 2024-06-30 (m) (m) (m) (m) (m) $657.10K* 2024-03-31 $23.31M $12.94M $3.32M $8.77M $377.15K $1.02M 2023-12-31 $16.80M $9.48M $2.93M $9.87M -$688.94K -$1.91M 2023-09-30 $26.51M $14.75M $2.96M $13.03M -$275.88K -$1.29M 2023-03-31 $20.23M $12.43M $3.07M $9.60M -$589.58K -$1.53M 2022-12-31 $19.25M $11.29M $2.71M $12.05M -$1.05M -$3.29M 2022-09-30 $26.02M $16.04M $3.10M $14.58M -$447.80K -$4.18M 2022-03-31 $22.81M $13.60M $2.80M $7.83M $39.85K $1.18M 2021-12-31 $17.13M $9.57M $2.78M $6.42M $322.71K $797.86K 2021-09-30 $17.37M $10.05M $2.36M $6.02M $342.98K $887.53K 2021-03-31 $13.13M $7.37M $1.90M $4.98M $237.81K -$206.82K 2020-12-31 $11.25M $6.31M $1.31M $4.09M $226.93K $575.48K 2020-09-30 $14.96M $9.40M $1.27M $4.49M $295.94K $762.00K 2020-03-31 $9.77M $6.61M (m) $2.82M $86.08K $220.72K
Revenue and expense 6 month Period end Revenue Cost of revenue Selling, general and administrative Operating expenses Income tax Net income 2025-12-31 $19.15M $11.21M $3.82M $12.08M -$1.28M (m) 2024-12-31 $38.08M $21.20M $8.40M $18.94M -$516.00K -$1.81M 2023-12-31 $43.31M $24.23M $5.90M $22.90M -$964.82K -$3.20M 2022-12-31 $45.28M $27.32M $5.81M $26.63M -$1.50M -$7.47M 2021-12-31 $34.49M $19.62M $5.14M $12.45M $665.69K $1.69M 2020-12-31 $26.21M $15.70M $2.58M $8.58M $522.87K $1.34M 2019-12-31 (m) (m) (m) (m) (m) $577.22K
Revenue and expense 9 month Period end Revenue Cost of revenue Selling, general and administrative Operating expenses Income tax Net income 2026-03-31 $18.52M $11.69M (m) $11.98M -$1.84M (m) 2025-03-31 $52.65M $29.75M $10.31M $25.72M -$637.11K (m) 2024-03-31 $66.62M $37.17M $9.22M $31.66M -$587.67K -$2.19M 2023-03-31 $65.50M $39.76M $8.88M $36.23M -$2.09M -$9.00M 2022-03-31 $57.30M $33.22M $7.94M $20.28M $705.54K $2.87M 2021-03-31 $39.35M $23.07M $4.49M $13.56M $760.69K $1.13M 2020-09-30 (m) (m) (m) (m) (m) $762.00K 2020-03-31 $25.28M $16.71M (m) $7.42M $311.04K $797.95K
Revenue and expense 12 month Period end Revenue Cost of revenue Selling, general and administrative Operating expenses Income tax Net income 2025-06-30 $66.14M $37.15M $12.66M $34.86M -$1.25M (m) 2024-06-30 $86.07M $47.95M $12.12M $39.08M -$251.37K -$1.53M 2023-06-30 $88.90M $54.10M $12.79M $48.28M -$2.69M -$11.97M 2022-06-30 $79.42M $46.22M $11.71M $30.89M $558.98K $1.52M 2021-06-30 $54.08M $31.26M $6.38M $19.86M $766.76K -$775.75K 2020-06-30 $39.94M $24.81M $3.26M $12.22M $773.44K $1.99M