Financial Snapshot

Revenue
$0.00
TTM
Gross Margin
Net Earnings
-$4.657M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
1.39%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
-$9.591M
Q3 2024
Cash
Q3 2024
P/E
-0.3753
Nov 29, 2024 EST
Free Cash Flow
-$534.0K
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Revenue $410.00 $847.00 $0.00 $7.936M $3.941M $2.692M $1.128M $0.00 $0.00
YoY Change -51.59% -100.0% 101.36% 46.41% 138.66%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Revenue $410.00 $847.00 $0.00 $7.936M $3.941M $2.692M $1.128M $0.00 $0.00
Cost Of Revenue $3.550K $5.052K $0.00 $0.00 $7.868M $3.914M $2.595M $1.156M $0.00
Gross Profit -$3.140K -$4.205K $0.00 $0.00 $0.00 $68.71K $27.32K $96.89K -$27.79K $0.00
Gross Profit Margin -765.85% -496.46% 0.87% 0.69% 3.6% -2.46%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Selling, General & Admin $3.576M $5.541M $10.28M $1.742M $807.9K $2.530M $2.196M $4.312M $27.23K $42.38K $0.00
YoY Change -35.46% -46.13% 490.4% 115.61% -68.07% 15.2% -49.07% 15735.88% -35.75%
% of Gross Profit 3682.35% 8038.84% 4450.52%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $380.6K $132.4K $17.94K $12.50K $100.2K $108.8K $105.3K $0.00
YoY Change 187.5% 637.98% 43.52% -7.95% 3.33%
% of Gross Profit 145.8% 398.35% 108.7%
Operating Expenses $3.957M $5.673M $10.30M $1.755M $807.9K $2.574M $2.269M $4.380M $2.813M $42.38K $0.00
YoY Change -30.25% -44.93% 487.22% 117.16% -68.61% 13.47% -48.21% 55.72% 6537.39%
Operating Profit -$3.960M -$5.677M -$10.30M -$1.755M -$807.9K -$2.505M -$2.241M -$4.283M -$2.841M -$42.38K
YoY Change -30.25% -44.89% 487.22% 117.16% -67.75% 11.79% -47.68% 50.78% 6602.96%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Interest Expense $233.4K -$4.654M $1.246M -$2.101M -$79.48K $1.170M -$2.223M -$448.5K $2.241K $0.00
YoY Change -105.01% -473.4% -159.31% 2543.91% -106.79% -152.63% 395.69% -20115.17%
% of Operating Profit
Other Income/Expense, Net -$14.18K $193.9K $0.00 -$40.00K -$321.8K -$3.732M -$166.4K $790.00 $203.00 $0.00
YoY Change -107.31% -100.0% -87.57% -91.38% 2142.61% -21167.09% 289.16%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Pretax Income -$4.898M -$10.33M -$14.49M -$5.445M -$4.048M -$5.068M -$4.631M -$4.731M -$27.23K -$42.38K $0.00
YoY Change -52.59% -28.72% 166.23% 34.51% -20.13% 9.43% -2.11% 17274.4% -35.75%
Income Tax $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
% Of Pretax Income
Net Earnings -$5.836M -$10.29M -$14.48M -$5.445M -$3.729M -$5.068M -$4.631M -$4.731M -$27.23K -$42.38K $0.00
YoY Change -43.28% -28.96% 165.99% 46.0% -26.41% 9.43% -2.11% 17274.4% -35.75%
Net Earnings / Revenue -1423356.1% -1214658.44% -63.86% -117.5% -175.75% -2.41%
Basic Earnings Per Share -$0.45 -$0.03 -$0.04
Diluted Earnings Per Share -$0.45 -$0.03 -$43.32K -$31.77K -$127.8K -$647.2K -$832.1K -$897.2K -$27.23K -$56.85K $0.00

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Cash & Short-Term Investments $50.43K $374.8K $5.450M $94.70K $2.980K $71.29K $19.03K $46.29K $0.00 $30.00K $30.00K
YoY Change -86.54% -93.12% 5654.75% 3077.85% -95.82% 274.62% -58.89% -100.0% 0.0%
Cash & Equivalents $0.00 $30.00K $30.00K
Short-Term Investments
Other Short-Term Assets $38.82K $97.04K $85.03K $5.270K $55.06K $179.1K $288.7K $279.9K
YoY Change -60.0% 14.12% 1513.47% -90.43% -69.26% -37.95% 3.15%
Inventory $330.6K $504.8K $350.3K
Prepaid Expenses
Receivables $60.52K $59.63K $79.94K
Other Receivables $98.50K $216.0K $353.8K
Total Short-Term Assets $89.25K $471.8K $5.535M $99.97K $58.04K $740.1K $1.088M $1.110M $0.00 $30.00K $30.00K
YoY Change -81.08% -91.48% 5436.45% 72.24% -92.16% -31.99% -1.98% -100.0% 0.0%
Property, Plant & Equipment $7.030K $40.36K $28.80K $89.43K $228.1K $160.3K $231.3K
YoY Change -82.58% 40.14% -67.8% 42.3% -30.71%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $703.9K $500.0K $500.0K $0.00 $1.020M $3.000K $3.000K $3.000K
YoY Change 40.79% 0.0% -100.0% 33898.67% 0.0% 0.0%
Other Assets $5.000K $47.59K $34.80K $4.000K $10.37K $6.950K $9.850K
YoY Change -89.49% 36.75% 770.0% 49.21% -29.44%
Total Long-Term Assets $716.0K $2.281M $1.189M $93.43K $1.020M $323.9K $295.7K $412.6K $0.00 $0.00 $0.00
YoY Change -68.61% 91.89% 1172.18% -90.84% 214.91% 9.54% -28.34%
Total Assets $805.2K $2.753M $6.723M $193.4K $1.078M $1.064M $1.384M $1.523M $0.00 $30.00K $30.00K
YoY Change
Accounts Payable $2.023M $761.7K $465.2K $461.6K $314.5K $548.9K $446.0K $320.5K $0.00 $0.00 $0.00
YoY Change 165.63% 63.74% 0.79% 46.76% -42.7% 23.06% 39.17%
Accrued Expenses $0.00 $44.13K
YoY Change -100.0%
Deferred Revenue
YoY Change
Short-Term Debt $4.766M $3.231M $1.961M $931.3K $451.0K $1.750M $1.934M $527.9K $0.00 $0.00 $0.00
YoY Change 47.52% 64.73% 110.61% 106.48% -74.23% -9.51% 266.31%
Long-Term Debt Due $9.370K $0.00 $0.00 $60.29K
YoY Change -100.0%
Total Short-Term Liabilities $8.233M $6.543M $2.834M $4.464M $1.671M $4.272M $5.784M $1.260M $0.00 $0.00 $0.00
YoY Change 25.83% 130.91% -36.52% 167.11% -60.89% -26.14% 359.17%
Long-Term Debt $150.0K $164.0K $158.4K $152.7K $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change -8.53% 3.56% 3.68%
Other Long-Term Liabilities $0.00 $7.790K
YoY Change -100.0%
Total Long-Term Liabilities $150.0K $164.0K $158.4K $160.5K $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change -8.53% 3.56% -1.35%
Total Liabilities $8.383M $6.709M $3.027M $4.624M $1.671M $4.272M $5.784M $1.260M $0.00 $0.00 $0.00
YoY Change 24.96% 121.61% -34.53% 176.71% -60.89% -26.14% 359.17%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Basic Shares Outstanding 12.84M shares 372.2M shares 334.3M shares
Diluted Shares Outstanding 12.84M shares 372.2M shares 334.3M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $1.7476 Million

About Innovative Payment Solutions, Inc.

Innovative Payment Solutions, Inc. engages in the provision of digital payment solutions. The company is headquartered in Carmel-By-The-Sea, California and currently employs 3 full-time employees. The company went IPO on 2014-11-04. The firm is focused on operating and developing e-wallet mobile applications that enable consumers to deposit cash, convert it into a digital form, and remit the funds to Mexico and other countries quickly and securely. Its two e-wallet applications are IPSIPay and Beyond Wallet. Beyond Wallet is operational and is an institutional business-to-business product. The Company’s IPSIPay App users can acquire VISA debit cards, as well as obtain a bank account at a major United States institution, enabling them to execute financial transactions through IPSI’s worldwide merchant network. The Company’s IPSIPay Express provides merchants with a technology for payment processing that allows transactions, in real-time bank-to-bank account transfers.

Industry: Retail-Catalog & Mail-Order Houses Peers: