iPower Wireless Technology Inc.

DRS/A amended

DRS/A amended

DRS/A amended

iPower Wireless Technology Inc. reported significant revenue growth in the six months ended March 31, 2026, with total net revenue increasing to RMB103.1 million (US$14.9 million) from RMB76.5 million, a 34.8% rise driven by higher demand for charging products. Gross profit surged 88.6% to RMB10.3 million, supported by improved margins and increased hardware sales. Operating expenses rose 205.6% to RMB2.2 million, primarily due to expanded R&D activities and OTC listing initiatives. Net income grew 46.0% to RMB6.2 million, reflecting stronger gross profits and operational scaling. The company also detailed its multi-stream revenue model, focusing on wireless charging hardware and custom software solutions for new energy vehicles, alongside patent licensing operations.

DRS filed

iPower Wireless Technology Inc. reports a multi-stream revenue model focused on wireless charging technology commercialization, including hardware sales and custom software development. For the six months ended March 31, 2026, revenue grew 34.8% to RMB103.1 million, driven by increased demand for charging products. Gross profit rose 88.6% to RMB10.3 million, while operating expenses surged 205.6% primarily due to higher R&D spending. The company also highlights patent licensing operations and ongoing efforts to list on OTC.