Episode Details
Back to EpisodesiPower Inc with Thierry Wuilloud and Kevin Vassily
Description
iPower CFO Kevin Vassily joins Thierry Wuilloud, Emerging Growth and Special Situation analyst at Water Tower, to discuss iPower ecommerce platform and its strong position on leading online marketplaces. The podcast is hosted by Jesse Redmond, senior analyst at Water Tower. Kevin explains how data analysis pervades every step of the value creation process at iPower, from conceptualizing a new SKU, to product design, sourcing, logistics, and merchandising, and how this data-driven approach has helped the company achieve strong gross margins and sustained top line growth. Kevin also discusses the opportunity to monetize that expertise via the company’s new business service venture.
The conversation concludes with Kevin discussing the prospects for iPower going forward, in particular how the company should be able to go back to EBITDA profitability in FY2024 (June) as the supply disruptions that have recently impacted the business have been corrected.