OverviewSuggest Edit

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.

TypePublic
Founded1955
HQAustin, US
Websiteidealpower.com
Employee Ratings2

Latest Updates

Employees (est.) (Feb 2019)19
Revenue (FY, 2015)$4.3 M(+138%)
Share Price (Mar 2019)$0.5 (+17%)

Key People/Management at Ideal Power

Lon Bell

Lon Bell

CEO
Tim Burns

Tim Burns

CFO
David Eisenhaure

David Eisenhaure

Independent Director
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Ideal Power Office Locations

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

Ideal Power Revenue

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 (Q3, 2018)

(2.2m)

EBIT (Q3, 2018)

(2.2m)

Market capitalization (12-Mar-2019)

6.3m

Closing stock price (12-Mar-2019)

0.5

Cash (30-Sep-2018)

5.5m
Ideal Power's current market capitalization is $6.3 m.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

1.9m1.8m4.3m

Revenue growth, %

(5%)137%

Cost of goods sold

2.1m2.3m3.9m

Gross profit

(254.5k)(476.8k)387.2k
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Revenue

291.1k560.5k438.0k1.2m1.2m895.5k

Cost of goods sold

400.3k617.1k559.3k1.0m1.1m842.4k

Gross profit

(109.2k)(56.6k)(121.2k)178.5k142.9k53.1k

Gross profit Margin, %

(38%)(10%)(28%)15%12%6%
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

14.1m7.9m15.0m4.2m10.0m

Accounts Receivable

252.4k446.5k872.9k378.7k221.1k

Inventories

519.7k648.0k1.2m251.4k

Current Assets

15.1m8.9m16.8m6.1m10.8m
Quarterly
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

(9.6m)(6.9m)(10.4m)(11.0m)(10.4m)

Depreciation and Amortization

29.7k67.8k232.9k406.6k451.5k

Inventories

(325.4k)205.5k(412.7k)(680.0k)233.0k

Accounts Payable

(145.4k)(97.5k)897.2k(992.1k)102.7k
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Net Income

(2.2m)(4.5m)(7.4m)(2.8m)(5.3m)(8.2m)(3.1m)(6.3m)(8.5m)(2.1m)(3.8m)(6.0m)

Depreciation and Amortization

32.8k80.9k144.8k87.0k184.3k290.5k113.1k224.9k339.5k113.8k216.9k297.0k

Inventories

33.8k(423.7k)(348.7k)(76.8k)(627.6k)(689.9k)44.5k166.5k214.5k25.2k6.5k52.1k

Accounts Payable

322.2k343.5k429.4k245.8k713.2k592.2k(574.8k)(234.5k)(729.4k)16.6k(133.8k)(59.7k)(149.7k)68.3k287.6k
USDY, 2018

Financial Leverage

1.4 x
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Ideal Power Online and Social Media Presence

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Ideal Power News and Updates

Ideal Power to Host Fourth Quarter and Full Year 2018 Results Conference Call on Monday, April 1, 2019 at 4:30 p.m. ET

AUSTIN, Texas, March 13, 2019 (GLOBE NEWSWIRE) -- Ideal Power Inc. (NASDAQ: IPWR), a semiconductor and power conversion technology company, will hold a conference call on Monday, April 1, 2019 at 4:30 p.m. Eastern time to discuss its results for the fourth quarter and full year ended December 31, …

Ideal Power Announces Strategic Focus on B-TRAN™ Solid State Switch Commercialization

AUSTIN, Texas, Jan. 08, 2019 (GLOBE NEWSWIRE) -- Ideal Power Inc. (NASDAQ: IPWR), a semiconductor and power conversion technology company, has announced a strategic shift to focus on the commercialization of its proprietary and broadly patented B-TRAN™ technology for the $12 billion global semicon…

Community, Residential And Commercial Energy Storage 2018 Global Market Key Players - Panasonic, RedFlow Technologies, Kokam, S&C Electric Company, Ideal Power, CODA Energy, Moixa Energy Holdings, GILDEMEISTER energy solutions......

Community, Residential And Commercial Energy Storage – Global Market Growth, Opportunities, Analysis Of Top Key Players And Forecast To 2023 Posted via Industry Today. Follow us on Twitter @IndustryToday

Ideal Power Reports Third Quarter 2018 Financial Results

Management to Host Conference Call Today at 10:30 a.m. ET

Ideal Power to Host Second Quarter 2018 Results Conference Call on Monday, August 13, 2018 at 4:30 p.m. ET

AUSTIN, Texas, July 26, 2018 (GLOBE NEWSWIRE) -- Ideal Power Inc. (NASDAQ:IPWR), an innovative power conversion technology company, will hold a conference call on Monday, August 13, 2018 at 4:30 p.m. Eastern time to discuss its results for the three and six months ended June 30, 2018. A press rele…
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Ideal Power Frequently Asked Questions

  • When was Ideal Power founded?

    Ideal Power was founded in 1955.

  • Who are Ideal Power key executives?

    Ideal Power's key executives are Lon Bell, Tim Burns and David Eisenhaure.

  • How many employees does Ideal Power have?

    Ideal Power has 19 employees.

  • Who are Ideal Power competitors?

    Competitors of Ideal Power include GELI, Victron Energy and GridBridge.

  • Where is Ideal Power headquarters?

    Ideal Power headquarters is located at 4120 Freidrich Ln #100, Austin.

  • Where are Ideal Power offices?

    Ideal Power has an office in Austin.

  • How many offices does Ideal Power have?

    Ideal Power has 1 office.