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 company 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 and obtain a bank account at the United States institution, enabling them to execute financial transactions through IPSI’s worldwide merchant network. Its IPSIPay Express provides merchants with a technology for payment processing that allows transactions in real-time bank account transfers.
Financials in millions USD. Fiscal year is February - January.
Breakdown
TTM
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
Revenue
0
0
0
0
0
0
Revenue Growth (YoY)
--
--
--
--
--
--
Cost of Revenue
0
0
0
0
0
0
Gross Profit
0
0
0
0
0
0
Selling, General & Admin
1
1
3
5
10
1
Research & Development
--
--
--
--
--
--
Operating Expenses
1
1
3
5
10
1
Other Non Operating Income (Expenses)
-10
-2
0
--
0
0
Pretax Income
-26
-3
-4
-10
-14
-5
Income Tax Expense
0
0
0
0
0
--
Net Income
-29
-4
-5
-10
-14
-5
Net Income Growth
867%
-20%
-50%
-28.99%
180%
67%
Shares Outstanding (Diluted)
195.35
15.07
12.84
12.41
11.14
5.71
Shares Change (YoY)
1,314%
17%
4%
11%
95%
488.99%
EPS (Diluted)
-0.15
-0.3
-0.45
-0.83
-1.3
-0.95
EPS Growth
-43%
-33%
-46%
-36%
37%
-75%
Free Cash Flow
0
0
-1
-3
-3
-1
Free Cash Flow Per Share
--
--
--
--
--
--
Gross Margin
0%
0%
0%
0%
0%
0%
Operating Margin
0%
0%
0%
0%
0%
0%
Profit Margin
0%
0%
0%
0%
0%
0%
Free Cash Flow Margin
0%
0%
0%
0%
0%
0%
EBITDA
-1
-1
-3
-5
-10
-1
EBITDA Margin
0%
0%
0%
0%
0%
0%
D&A For EBITDA
0
0
0
0
0
0
EBIT
-1
-1
-3
-5
-10
-1
EBIT Margin
0%
0%
0%
0%
0%
0%
Effective Tax Rate
0%
0%
0%
0%
0%
--
Follow-Up Questions
What are Innovative Payment Solutions Inc's key financial statements?
According to the latest financial statement (Form-10K), Innovative Payment Solutions Inc has a total asset of $0, Net loss of $-4
What are the key financial ratios for IPSI?
Innovative Payment Solutions Inc's Current ratio is 0, has a Net margin is 0, sales per share of $0.
How is Innovative Payment Solutions Inc's revenue broken down by segment or geography?
Innovative Payment Solutions Inc largest revenue segment is Physical and Virtual Payment Services, at a revenue of 410 in the most earnings release.For geography, Mexico is the primary market for Innovative Payment Solutions Inc, at a revenue of 410.
Is Innovative Payment Solutions Inc profitable?
no, according to the latest financial statements, Innovative Payment Solutions Inc has a net loss of $-4
Does Innovative Payment Solutions Inc have any liabilities?
yes, Innovative Payment Solutions Inc has liability of 10
How many outstanding shares for Innovative Payment Solutions Inc?
Innovative Payment Solutions Inc has a total outstanding shares of 19.08