Ideal Power invents and commercializes technology that improves the weight, size, cost and efficiency of electronic power converters. The Company sells products to systems integrators for integration into their system, which enable end users to manage their electricity consumption by reducing demand charges or fossil fuel consumption, integrating renewable energy sources and form their own microgrid. Ideal Power products use multiple insulated gate bipolar transistors, which switch power in a direction, including direct current (DC) to alternating current (AC), or AC to DC.

Type
Public
HQ
Austin, US
Founded
1955
Size (employees)
22 (est)
Ideal Power was founded in 1955 and is headquartered in Austin, US
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Key People/Management at Ideal Power

Tim Burns

Tim Burns

CFO
David B. Eisenhaure

David B. Eisenhaure

Independent Director
Bill Alexander

Bill Alexander

CTO and founder

Ideal Power Office Locations

Ideal Power has an office in Austin
Austin, US (HQ)
100 4120 Freidrich Ln
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Ideal Power Financials and Metrics

Ideal Power Financials

Ideal Power's revenue was reported to be $4.26 m in FY, 2015 which is a 137.4% increase from the previous period.
USD

Net income (Q2, 2017)

(3.2 m)

EBIT (Q2, 2017)

(3.2 m)

Market capitalization (23-Apr-2018)

16 m

Cash (30-Jun-2017)

13.3 m
Ideal Power's current market capitalization is $16 m.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

1.9 m1.8 m4.3 m

Revenue growth, %

(5%)137%

Cost of goods sold

2.1 m2.3 m3.9 m

Gross profit

(254.5 k)(476.8 k)387.2 k
Quarterly
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Revenue

1.2 m1.2 m895.5 k

Cost of goods sold

1 m1.1 m842.4 k

Gross profit

178.5 k142.9 k53.1 k

Gross profit Margin, %

15%12%6%
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

14.1 m7.9 m15 m4.2 m

Accounts Receivable

252.4 k446.5 k872.9 k378.7 k

Inventories

1.2 m

Current Assets

15.1 m8.9 m16.8 m6.1 m
Quarterly
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Cash

6.2 m20 m17.3 m12.3 m9.6 m6.8 m15.4 m13.3 m

Accounts Receivable

833.5 k757.5 k795.6 k447.8 k411.1 k450 k565.5 k205.6 k

Inventories

234 k665.5 k586.1 k720.6 k1.3 m1.3 m851.9 k366.5 k

Current Assets

7.5 m21.7 m18.9 m13.7 m11.5 m8.7 m17.1 m14.2 m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

(9.6 m)(6.9 m)(10.4 m)(11 m)

Depreciation and Amortization

29.7 k67.8 k232.9 k406.6 k

Inventories

(325.4 k)205.5 k(412.7 k)(680 k)

Accounts Payable

(145.4 k)(97.5 k)897.2 k(992.1 k)
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Net Income

(2.2 m)(4.5 m)(7.4 m)(2.8 m)(5.3 m)(8.2 m)(3.1 m)(6.3 m)

Depreciation and Amortization

32.8 k80.9 k144.8 k87 k184.3 k290.5 k113.1 k224.9 k

Inventories

33.8 k(423.7 k)(348.7 k)(76.8 k)(627.7 k)(689.9 k)44.5 k166.5 k

Accounts Payable

322.2 k343.5 k429.4 k245.8 k713.2 k592.2 k(574.8 k)(234.5 k)(729.4 k)16.6 k(133.8 k)
USDY, 2017

Financial Leverage

1.1 x
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