Estados financieros detallados de Ideal Power Inc. (IPWR): cuenta de resultados, balance general y flujo de caja. Sigue la evolución de márgenes, deuda, liquidez y rentabilidad año a año con hasta 20 años de histórico.
Resumen del Análisis
Ideal Power Inc. registró ingresos de $37728 en el último ejercicio fiscal, con un CAGR de 5 años del -38.5%.
Márgenes de los últimos 12 meses: margen bruto -60.1%, margen operativo -289.8%, margen neto -280.4%.
Al precio actual de $3.89, IPWR presenta beneficios negativos (P/E no significativo) y un ROE del -134.29%. La capitalización bursátil es de $64M.
Cuenta de Resultados (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Ingresos | $1.6M | $1.2M | 0 | 0 | $428129 | $576399 | $203269 | $198871 | $86032 | $37728 |
| Coste de Ventas | $1.9M | $2.2M | $137509 | $110463 | $428129 | $576399 | $203269 | $160613 | $93409 | $60408 |
| Beneficio Bruto | -$310972 | -$1.0M | -$137509 | -$110463 | 0 | 0 | 0 | $38258 | -$7377 | -$22680 |
| I+D | $5.2M | $4.2M | $871742 | $1.1M | $1.7M | $1.9M | $3.4M | $5.7M | $6.2M | $6.0M |
| Generales y Administrativos | $5.5M | $5.1M | $3.4M | $2.1M | $2.3M | $2.9M | $4.0M | $4.6M | $4.9M | $4.9M |
| Gastos Operativos | $10.7M | $9.3M | $4.3M | $3.1M | $4.1M | $4.8M | $7.3M | $10.4M | $11.1M | $10.9M |
| Beneficio Operativo | -$11.0M | -$10.4M | -$4.3M | -$3.1M | -$4.1M | -$4.8M | -$7.3M | -$10.4M | -$11.1M | -$10.9M |
| EBITDA | -$10.6M | -$4.1M | -$4.1M | -$3.0M | -$7.7M | -$4.6M | -$7.0M | -$9.7M | -$10.0M | -$10.1M |
| Gastos por Intereses | 0 | 0 | 0 | $4267 | $5049 | $12701 | 0 | 0 | 0 | 0 |
| Beneficio Antes de Impuestos | -$11.0M | -$10.3M | -$4.3M | -$3.1M | -$7.8M | -$4.8M | -$7.2M | -$10.0M | -$10.4M | -$10.6M |
| Impuestos | -$36046 | -$17588 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Beneficio Neto | -$11.0M | -$10.3M | -$7.9M | -$3.9M | -$7.8M | -$4.8M | -$7.2M | -$10.0M | -$10.4M | -$10.6M |
| BPA | $-11.50 | $-7.82 | $-5.65 | $-2.38 | $-2.20 | $-0.81 | $-1.12 | $-1.61 | $-1.28 | $-1.16 |
| BPA Diluido | $-11.50 | $-7.82 | $-5.64 | $-2.38 | $-2.20 | $-0.81 | $-1.12 | $-1.61 | $-1.28 | $-1.16 |
| Acciones en Circulación (Diluidas) | $954838 | $1.3M | $1.4M | $1.7M | $3.5M | $5.9M | $6.2M | $6.2M | $8.2M | $9.1M |
Cuenta de Resultados (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Ingresos | $24450 | 0 | 0 | $5800 |
| Beneficio Bruto | -$1619 | -$117279 | -$116867 | $1792 |
| Beneficio Operativo | -$3.0M | -$1.9M | -$3.7M | -$3.6M |
| EBITDA | -$2.8M | -$1.8M | -$3.5M | -$3.6M |
| Beneficio Neto | -$2.9M | -$1.9M | -$3.6M | -$3.4M |
| BPA | $-0.32 | $-0.21 | $-0.33 | $-0.20 |
| BPA Diluido | $-0.32 | $-0.21 | $-0.33 | $-0.20 |
Balance (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Caja y Equivalentes | $4.2M | $10.0M | $3.3M | $3.1M | $3.2M | $23.2M | $16.3M | $8.5M | $15.8M | $6.1M |
| Inversiones a Corto | 0 | 0 | 0 | $7414 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cuentas por Cobrar | $378658 | $5618 | 0 | 0 | $170287 | $233262 | $65936 | $70000 | $692 | $24000 |
| Inventario | $1.2M | $251363 | 0 | 0 | 0 | 0 | 0 | $81450 | $96406 | $9700 |
| Activos Corrientes | $6.1M | $10.8M | $4.7M | $3.3M | $3.4M | $23.4M | $16.9M | $9.1M | $16.3M | $6.5M |
| Inmovilizado Material | $936486 | $669571 | $63214 | $307612 | $116844 | $363330 | $448823 | $545795 | $898729 | $774114 |
| Fondo de Comercio | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Activos Intangibles | $1.9M | $2.1M | $1.4M | $1.6M | $1.6M | $2.1M | $2.0M | $2.6M | $2.6M | $2.7M |
| Activos Totales | $9.0M | $13.6M | $6.2M | $5.3M | $5.1M | $25.9M | $19.4M | $12.2M | $19.8M | $10.0M |
| Cuentas por Pagar | $346767 | $212824 | $94203 | $182956 | $101984 | $130500 | $130503 | $405098 | $104117 | $408398 |
| Deuda a Corto | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pasivos Corrientes | $1.5M | $1.4M | $1.1M | $685210 | $659526 | $542871 | $449318 | $930893 | $560810 | $973162 |
| Deuda a Largo | 0 | 0 | 0 | 0 | $91407 | 0 | 0 | 0 | 0 | 0 |
| Pasivos Totales | $1.8M | $1.9M | $1.6M | $1.4M | $1.3M | $1.7M | $1.5M | $2.2M | $2.0M | $2.2M |
| Reservas | -$45.1M | -$55.4M | -$63.4M | -$67.3M | -$75.1M | -$79.9M | -$87.1M | -$97.0M | -$107.5M | -$118.0M |
| Patrimonio Neto | $7.2M | $11.7M | $4.6M | $3.9M | $3.8M | $24.1M | $17.9M | $10.1M | $17.9M | $7.9M |
| Deuda Total | 0 | 0 | 0 | $265174 | $173462 | $326448 | $267584 | $202987 | $486016 | $403335 |
| Deuda Neta | -$4.2M | -$10.0M | -$3.3M | -$2.8M | -$3.0M | -$22.8M | -$16.1M | -$8.3M | -$15.4M | -$5.7M |
| Capital Circulante | $4.6M | $9.3M | $3.5M | $2.6M | $2.8M | $22.9M | $16.5M | $8.2M | $15.7M | $5.6M |
Balance (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Caja y Equivalentes | $8.4M | $6.1M | $16.4M | $41.3M |
| Activos Totales | $12.2M | $10.0M | $20.5M | $45.0M |
| Pasivos Totales | $2.2M | $2.2M | $2.7M | $2.6M |
| Patrimonio Neto | $10.1M | $7.9M | $17.8M | $42.5M |
| Deuda Total | $425076 | $403335 | $381128 | $358447 |
Flujo de Caja (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Beneficio Neto | -$11.0M | -$10.3M | -$4.3M | -$3.1M | -$7.8M | -$4.8M | -$7.2M | -$10.0M | -$10.4M | -$10.6M |
| Amortizaciones | $406639 | $451547 | $137509 | $110463 | $122152 | $157564 | $245529 | $333896 | $416521 | $457519 |
| Compensación en Acciones | $1.5M | $1.1M | $730802 | $184339 | $868648 | $352313 | $975801 | $2.3M | $1.6M | $729173 |
| Cambio en Capital Circulante | -$1.4M | $71932 | -$485471 | $248460 | -$7461 | -$137573 | -$516931 | -$107429 | -$399667 | $179140 |
| Flujo de Caja Operativo | -$10.1M | -$7.4M | -$3.8M | -$3.2M | -$3.0M | -$4.3M | -$6.4M | -$7.1M | -$8.7M | -$9.1M |
| Inversiones (CapEx) | -$750992 | -$434030 | -$134149 | -$104098 | -$67160 | -$236935 | -$182651 | -$240825 | -$506428 | -$119481 |
| Adquisiciones | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Recompra de Acciones | -$3258 | 0 | -$5721 | 0 | 0 | 0 | -$127872 | -$216264 | 0 | 0 |
| Dividendos Pagados | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Flujo de Caja Libre | -$10.9M | -$7.8M | -$4.0M | -$3.3M | -$3.1M | -$4.5M | -$6.6M | -$7.4M | -$9.2M | -$9.3M |
Flujo de Caja (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Flujo de Caja Operativo | -$2.5M | -$2.2M | -$2.0M | -$2.4M |
| Inversiones (CapEx) | -$70206 | -$72756 | -$142090 | -$9636 |
| Flujo de Caja Libre | -$2.6M | -$2.2M | -$2.2M | -$2.4M |
| Dividendos Pagados | 0 | 0 | 0 | 0 |
| Compensación en Acciones | $283215 | -$268667 | $991440 | $644086 |
Crecimiento y Márgenes (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Crecimiento Ingresos (anual) | | -25.6% | -100.0% | | | +34.6% | -64.7% | -2.2% | -56.7% | -56.1% |
| Crecimiento Beneficio Neto (anual) | | +5.9% | +23.5% | +50.3% | -98.2% | +38.8% | -50.7% | -38.5% | -4.7% | -1.5% |
| Crecimiento BPA (anual) | | +32.0% | +27.7% | +57.9% | +7.6% | +63.2% | -38.3% | -43.7% | +20.5% | +9.4% |
| Cambio en Acciones (anual) | | +38.5% | +6.0% | +18.0% | +114.0% | +67.8% | +3.7% | +0.5% | +31.9% | +11.9% |
| Crecimiento FCF (anual) | | +27.7% | +49.5% | +16.2% | +7.1% | -46.4% | -45.3% | -12.3% | -25.5% | -0.1% |
| Margen Bruto | -19.1% | -84.9% | | | 0.0% | 0.0% | 0.0% | 19.2% | -8.6% | -60.1% |
| Margen Operativo | -676.4% | -854.0% | | | -950.2% | -841.3% | -3612.4% | -5205.4% | -12868.7% | -28979.0% |
| Margen EBITDA | -649.2% | -334.5% | | | -1790.7% | -798.1% | -3444.8% | -4868.6% | -11625.1% | -26826.0% |
| Margen Neto | -674.2% | -852.5% | | | -1820.5% | -827.6% | -3536.9% | -5005.3% | -12109.2% | -28038.6% |
| Margen FCF | -666.3% | -647.5% | | | -720.9% | -783.8% | -3230.5% | -3707.1% | -10750.7% | -24530.7% |
| Tasa Impositiva Efectiva | 0.3% | 0.2% | -0.0% | -0.0% | -0.0% | -0.0% | -0.0% | -0.0% | -0.0% | -0.0% |
Datos por Acción (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| FCF por Acción | $-11.37 | $-5.94 | $-2.83 | $-2.01 | $-0.87 | $-0.76 | $-1.07 | $-1.19 | $-1.13 | $-1.01 |
| Dividendo por Acción | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Acciones en Circulación (Básicas) | $954838 | $1.3M | $1.4M | $1.7M | $3.5M | $5.9M | $6.2M | $6.2M | $8.2M | $9.1M |
Qué mirar en empresas de Technology
- Crecimiento de ingresos 3a (≥15%/año) — Valida tracción sostenida, no un año puntual.
- Margen bruto (Depende del sub-sector) — SaaS ≥70%, Internet ≥55%, Semis ≥45%, Hardware ≥35%.
- FCF / Ingresos (≥20%) — Caja real generada. Muchas tech maquillan beneficios non-GAAP.
- ROIC (≥15%) — Eficiencia del capital reinvertido — la primera métrica de Buffett.
- SBC / Ingresos (<10% saludable) — Stock-based compensation. Dilución silenciosa: >20% destruye valor.
- Deuda Neta / EBITDA (≤2x (1,5x SaaS)) — Resistencia en recesiones y subidas de tipos.
Rentabilidad
| Rentabilidad sobre capital | -134.29% |
| Rentabilidad sobre capital invertido | -119.27% |
| Rentabilidad sobre activos | -105.29% |
| Margen bruto | -60.11% |
| Margen operativo | -28978.98% |
| Margen neto | -28038.65% |
Salud financiera
| Deuda / Patrimonio | 0.05 |
| Ratio corriente | 6.72 |
| Piotroski F-Score | 1 |
| Altman Z-Score | -11.57 |
Ratios Clave (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| P/E | -2.87 | -1.82 | -0.44 | -0.97 | -3.71 | -14.89 | -9.55 | -4.83 | -5.90 | -2.66 |
| P/VC | 4.35 | 1.61 | 0.75 | 0.98 | 7.55 | 2.97 | 3.68 | 4.78 | 3.45 | 3.58 |
| P/V | 19.35 | 15.49 | 0.00 | 0.00 | 67.54 | 124.23 | 324.15 | 241.88 | 716.59 | 748.20 |
| Margen Bruto | -19.1% | -84.9% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 19.2% | -8.6% | -60.1% |
| Margen Operativo | -676.4% | -854.0% | 0.0% | 0.0% | -950.2% | -841.3% | -3612.4% | -5205.4% | -12868.7% | -28979.0% |
| Margen Neto | -674.2% | -852.5% | 0.0% | 0.0% | -1820.5% | -827.6% | -3536.9% | -5005.3% | -12109.2% | -28038.6% |