Ideal Power. Earnings Calls

Q4 2024 Beat
-$0.290 (17.14%)
Release date Feb 27, 2025
EPS estimate -$0.350
EPS actual -$0.290
EPS Surprise 17.14%
Revenue estimate 500K
Revenue actual 5.408K
Revenue Surprise -98.92%
Q3 2024 Beat
-$0.310 (11.43%)
Release date Nov 14, 2024
EPS estimate -$0.350
EPS actual -$0.310
EPS Surprise 11.43%
Revenue estimate 400K
Revenue actual 554
Revenue Surprise -99.86%
Q2 2024 Beat
-$0.310 (6.06%)
Release date Aug 14, 2024
EPS estimate -$0.330
EPS actual -$0.310
EPS Surprise 6.06%
Revenue estimate 100K
Revenue actual 1.331K
Revenue Surprise -98.67%
Q1 2024 Beat
-$0.390 (4.88%)
Release date May 15, 2024
EPS estimate -$0.410
EPS actual -$0.390
EPS Surprise 4.88%
Revenue estimate 100K
Revenue actual 78.739K
Revenue Surprise -21.26%

Last 4 Quarters for Ideal Power.

Below you can see how IPWR performed 4 days prior and 4 days after releasing the earnings report. Also, you can see the pre-estimates and the actual earnings. This information can give you a slight idea of what you might expect for the next quarter's release.

Q1 2024 Beat
Release date May 15, 2024
Fiscal end date Mar 31, 2024
Price on release $7.10
EPS estimate -$0.410
EPS actual -$0.390
EPS surprise 4.88%
Date Price
May 09, 2024 $7.74
May 10, 2024 $7.50
May 13, 2024 $7.21
May 14, 2024 $7.40
May 15, 2024 $7.10
May 16, 2024 $7.47
May 17, 2024 $7.44
May 20, 2024 $7.63
May 21, 2024 $7.62
4 days before -8.27%
4 days after 7.32%
On release day 5.21%
Change in period -1.55%
Q2 2024 Beat
Release date Aug 14, 2024
Fiscal end date Jun 30, 2024
Price on release $8.38
EPS estimate -$0.330
EPS actual -$0.310
EPS surprise 6.06%
Date Price
Aug 08, 2024 $9.04
Aug 09, 2024 $9.35
Aug 12, 2024 $8.77
Aug 13, 2024 $8.85
Aug 14, 2024 $8.38
Aug 15, 2024 $8.32
Aug 16, 2024 $8.09
Aug 19, 2024 $8.01
Aug 20, 2024 $7.98
4 days before -7.30%
4 days after -4.77%
On release day -0.716%
Change in period -11.73%
Q3 2024 Beat
Release date Nov 14, 2024
Fiscal end date Sep 30, 2024
Price on release $6.53
EPS estimate -$0.350
EPS actual -$0.310
EPS surprise 11.43%
Date Price
Nov 08, 2024 $7.40
Nov 11, 2024 $7.71
Nov 12, 2024 $7.80
Nov 13, 2024 $7.66
Nov 14, 2024 $6.53
Nov 15, 2024 $6.71
Nov 18, 2024 $6.16
Nov 19, 2024 $5.95
Nov 20, 2024 $5.87
4 days before -11.76%
4 days after -10.11%
On release day 2.76%
Change in period -20.68%
Q4 2024 Beat
Release date Feb 27, 2025
Fiscal end date Dec 31, 2024
Price on release $5.70
EPS estimate -$0.350
EPS actual -$0.290
EPS surprise 17.14%
Date Price
Feb 21, 2025 $5.93
Feb 24, 2025 $5.28
Feb 25, 2025 $5.45
Feb 26, 2025 $5.26
Feb 27, 2025 $5.70
Feb 28, 2025 $5.79
Mar 03, 2025 $5.36
Mar 04, 2025 $5.49
Mar 05, 2025 $5.28
4 days before -3.88%
4 days after -7.37%
On release day 1.58%
Change in period -10.96%

Ideal Power. Earnings Call Transcript Summary of Q4 2024

Product Orders

An order for SimCool IQ intelligent power modules was received for applications in renewable energy, energy storage, and EV charging, opening a $1.4 billion addressable market.

  • Automotive Engagement: Orders from a tier-one automotive supplier for B-TRAN devices aimed for electric vehicle applications were confirmed. This expansion includes a focus on dual-use applications for both inverters and EV contactors.
  • Partnership with Stellantis: Stellantis, after addressing internal challenges, is refocusing on next-generation vehicle platforms and has shown strong interest in expanding its collaboration with Ideal Power, particularly for B-TRAN-enabled EV contactors.

Financial Overview

  • Cash Burn: The cash burn was $2.6 million in Q4, consistent with guidance. Annual cash burn for 2024 totaled $8.2 million. The company expects first-quarter 2025 cash burn to decrease to about $2.2-2.4 million.
  • Revenue Expectations: Modest revenue was recorded in Q4, primarily from ongoing evaluations by potential customers. However, a significant revenue ramp is expected in the second half of 2025, following the rollout of new products.
  • Operational Costs: Operating expenses rose due to increased research and development and sales efforts.

Growth Opportunities

  • Market Engagement: The company is engaging with several large global firms, with over six major companies actively evaluating its solid-state circuit breaker technology, potentially leading to more design wins.
  • Automotive and Industrial Markets: Ideal Power is focused on penetrating both the automotive and industrial markets, with potential significant revenue from EV contactors and solid-state circuit breakers in the coming years.
  • Distribution Partnerships: Agreements with distributors are expanding global reach and aiding in customer acquisition, with plans to add more distributors targeting European markets.

Technology and Innovation

  • Product Development: The company is working on enhancing product performance with increased current ratings, which do not impact manufacturing costs but improve the technology's value proposition significantly.
  • Patent Portfolio: The patent estate has grown to 94 issued patents, with efforts to protect proprietary processes and technologies actively underway.

Risk Factors

The company highlighted forward-looking statements with inherent risks, underscoring the potential for actual results to vary based on market conditions, technology adoption pace, and customer engagement levels.

Conclusion

Ideal Power is poised at a pivotal moment with positive developments underway, particularly in the automotive and industrial markets. The company anticipates consolidating several design wins that could significantly enhance revenue, especially as they prepare for a product rollout in the upcoming fiscal year. Investors may view 2025 as a transformative year regarding potential profitability and growth.

Ideal Power. Earnings History

Earnings Calendar

FAQ

When is the earnings report for IPWR?
Ideal Power Inc. (IPWR) has scheduled its earnings report for May 13, 2025 before the markets open.

What is the IPWR price-to-earnings (P/E) ratio?
IPWR P/E ratio as of Mar 21, 2025 (TTM) is -4.25.

What is the IPWR EPS forecast?
The forecasted EPS (Earnings Per Share) for Ideal Power Inc. (IPWR) for the first fiscal quarter 2025 is $.

What are Ideal Power Inc.'s retained earnings?
On its balance sheet, Ideal Power Inc. reported retained earnings of $5.41 thousand for the latest quarter ending Dec 31, 2024.

What Is an Earnings Report?
An earnings report is usually issued quarterly (Q1, Q2, Q3 & Q4) by public companies to report their performance. Earnings reports typically include net income, earnings per share, earnings from continuing operations, and net sales. Looking at the earnings report investors can start gauge the financial health of the company and make even better decisions whether to buy, sell, or stay in the company. Fundamental analysts and value investors will typically hunt for stocks that continue to show good financial ratios and use a decline as an exit point. One of the most anticipated numbers for analysis is earnings per share because it indicates how much the company earned for its shareholders. The report will also indicate a possible dividend.

Earnings Report Content
Earnings reports generally provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. These figures are typically measured against previous quarters/years. Furthermore, the earnings report usually includes a summary and analysis from the CEO or company spokesman, alongside a more general view of the financials and future forecast.

What To Know About Earnings Reports?
Announcement of earnings for a stock, particularly for well followed large-capitalization stocks, can move the market. Stock prices can fluctuate wildly on days when the quarterly earnings report is released. Despite good reports, stocks may very well fall if the investors were expecting more or they believe the next quarter will not be as good. Investors always try to be ahead of the market and future earnings/losses are often discounted into the current price of the stock. It is natural for stocks to start to move in either direction a few days before the release of an earnings report.
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ABOUT IDEAL POWER INC.
Ideal Power.
Ideal Power Inc. focuses on the development and commercialization of its B-TRAN technology. It develops Bi-directional bi-polar junction TRANsistor solid state switch technology. The company was formerly known as Ideal Power Converters Inc. and changed its name to Ideal Power Inc. in July 2013. Ideal Power Inc. was incorporated in 2007 and is headquartered in Austin, Texas....
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