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.

Employee Rating

2.0More
TypePublic
HQAustin, US
Founded1955
Size (employees)19 (est)-13%
Websiteidealpower.com
Ideal Power was founded in 1955 and is headquartered in Austin, US
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Ideal Power Office Locations

Ideal Power has an office in Austin
Austin, (HQ)
100 4120 Freidrich Ln
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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 (4-Dec-2018)

3.9m

Closing stock price (4-Dec-2018)

0.3

Cash (30-Sep-2018)

5.5m
Ideal Power's current market capitalization is $3.9 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 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 Company Life and Culture

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Ideal Power Frequently Asked Questions

  • When was Ideal Power founded?

    Ideal Power was founded in 1955.

  • 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 100 4120 Freidrich Ln, 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.