See more : Itaúsa S.A. (ITSA3.SA) Income Statement Analysis – Financial Results
Complete financial analysis of Innovative Payment Solutions, Inc. (IPSI) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Innovative Payment Solutions, Inc., a leading company in the Information Technology Services industry within the Technology sector.
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Innovative Payment Solutions, Inc. (IPSI)
About Innovative Payment Solutions, Inc.
Innovative Payment Solutions, Inc., together with its subsidiaries, provides digital payment solutions and services primarily in Mexico. It develops and operates e-wallets that enable consumers to deposit cash, convert it into a digital form, and remit the funds to merchant in its network. The company was formerly known as QPAGOS and changed its name to Innovative Payment Solutions, Inc. in November 2019. Innovative Payment Solutions, Inc. was incorporated in 2013 and is based in Carmel-by-the-Sea, California.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 410.00 | 847.00 | 0.00 | 0.00 | 11.48M | 7.94M | 3.94M | 2.69M | 1.13M | 137.25K | 0.00 |
| Cost of Revenue | 3.55K | 5.05K | 35.79K | 47.32K | 0.00 | 7.87M | 3.91M | 2.60M | 1.16M | 135.60K | 0.00 |
| Gross Profit | -3.14K | -4.21K | -35.79K | -47.32K | 11.48M | 68.72K | 27.32K | 96.88K | -27.79K | 1.65K | 0.00 |
| Gross Profit Ratio | -765.12% | -496.46% | 0.00% | 0.00% | 100.00% | 0.87% | 0.69% | 3.60% | -2.46% | 1.20% | 0.00% |
| Research & Development | 0.00 | 100.91K | 0.00 | 0.00 | 0.00 | 150.00K | 80.00K | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 3.58M | 5.54M | 10.28M | 1.74M | 807.93K | 2.53M | 2.20M | 4.31M | 2.78M | 1.26M | 0.00 |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -1.22M | 0.00 |
| SG&A | 3.58M | 5.54M | 10.28M | 1.74M | 807.93K | 2.53M | 2.20M | 4.31M | 2.78M | 42.38K | 0.00 |
| Other Expenses | 0.00 | 132.39K | 17.94K | 12.50K | 130.00K | -3.73M | -166.43K | 68.08K | 32.35K | 42.38K | 0.00 |
| Operating Expenses | 3.96M | 5.67M | 10.30M | 1.75M | 937.93K | 2.57M | 2.27M | 4.38M | 2.81M | 42.38K | 0.00 |
| Cost & Expenses | 3.96M | 5.68M | 10.30M | 1.75M | 937.93K | 10.44M | 6.18M | 6.98M | 3.97M | 42.38K | 0.00 |
| Interest Income | 0.00 | 462.99K | 3.88M | 1.45M | 2.06M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 1.19M | 462.99K | 3.88M | 1.49M | 2.06M | 3.06M | 2.07M | 54.61K | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 727.93K | 233.30K | 35.79K | 47.32K | 57.18K | 100.18K | 108.83K | 105.32K | 67.85K | 32.19K | 0.00 |
| EBITDA | -2.98M | -9.55M | -10.58M | -4.19M | -2.01M | -688.32K | -2.45M | -4.57M | -2.78M | -42.38K | 0.00 |
| EBITDA Ratio | -725,709.51% | -1,198,086.54% | 0.00% | 0.00% | -8.17% | -77.34% | -59.25% | -140.60% | -204.46% | -30.88% | 0.00% |
| Operating Income | -3.96M | -5.68M | -10.30M | -1.75M | -807.93K | -2.51M | -2.24M | -4.28M | -2.84M | -42.38K | 0.00 |
| Operating Income Ratio | -965,883.66% | -670,304.37% | 0.00% | 0.00% | -7.04% | -31.57% | -56.86% | -159.12% | -251.85% | -30.88% | 0.00% |
| Total Other Income/Expenses | -937.71K | -4.65M | -4.19M | -3.69M | -3.24M | -2.68M | -2.39M | -447.75K | -468.96K | -1.65K | 0.00 |
| Income Before Tax | -4.90M | -10.33M | -14.49M | -5.44M | -4.05M | -5.07M | -4.63M | -4.73M | -3.31M | -42.38K | 0.00 |
| Income Before Tax Ratio | -1,194,592.68% | -1,219,766.71% | 0.00% | 0.00% | -35.26% | -63.86% | -117.50% | -175.75% | -293.43% | -30.88% | 0.00% |
| Income Tax Expense | 403.28K | -455.02K | 3.87M | 1.39M | 1.87M | -4.23M | 158.06K | 895.50K | 937.92K | -228.02K | 0.00 |
| Net Income | -5.84M | -9.88M | -18.36M | -6.84M | -5.92M | -5.07M | -4.63M | -4.73M | -3.31M | -42.38K | 0.00 |
| Net Income Ratio | -1,423,356.10% | -1,166,045.57% | 0.00% | 0.00% | -51.57% | -63.86% | -117.50% | -175.75% | -293.43% | -30.88% | 0.00% |
| EPS | -0.45 | -0.80 | -1.65 | -1.20 | -6.09 | -19.42 | -24.96 | -26.92 | -38.64 | -0.01 | 0.00 |
| EPS Diluted | -0.45 | -0.80 | -1.65 | -1.20 | -6.09 | -19.42 | -24.96 | -26.92 | -38.64 | -0.01 | 0.00 |
| Weighted Avg Shares Out | 12.84M | 12.41M | 11.14M | 5.71M | 972.37K | 261.00K | 185.51K | 175.76K | 85.66K | 0.00 | 500.00K |
| Weighted Avg Shares Out (Dil) | 12.84M | 12.41M | 11.14M | 5.71M | 972.37K | 261.00K | 185.51K | 175.76K | 85.66K | 0.00 | 500.00K |
Africa & Middle East Cashback Programs Databook Report 2024: Market to Grow by 13.4% This Year with Focus on Gamification and Engagement, & Innovative Payment Solutions - Forecasts to 2029
Dublin, Nov. 05, 2024 (GLOBE NEWSWIRE) -- The "Africa & Middle East Cashback Programs Market Opportunities Databook - 50+ KPIs on Cashback Market Size, By Business Model, By Channel, By Cashback Program Type, By End Use Sector - Q3 2024...
Innovative Payment Solutions and Business Warrior Corporation Sign Definitive Merger Agreement
Combined fintech company will offer IPSIPay Express, a new system seeking to transform the payments industry, and BZWR's PayPlanTM cloud-based lending platform
Elavon and BMO Partner to Bring Innovative Payment Solutions Platform to BMO's U.S. Clients
ATLANTA & CHICAGO--(BUSINESS WIRE)--Elavon, one of the world's largest payment processors, has announced a partnership with BMO, the eighth-largest bank in North America by assets, to provide a comprehensive and innovative payment solutions platform to the bank's clients in the...
Innovative Payment Solutions Announces Funding of Second $500,000 Capital Contribution to IPSIPay Express
Funding affords IPSI an aggregate 22% equity interest in new payment processing Joint Venture
Innovative Payment Solutions Provides Update Letter to Shareholders
IPSIPay Express on track for September launch and 2023 revenues to IPSI IPSI announces assignment of IPSIPay wallets and customers and elimination of associated debts and payment obligations; Company retains rights to “IPSIPay” brand. CARMEL BY THE SEA, Calif.
Innovative Payment Solutions Announces 1-for-30 Reverse Stock Split Effective as of Tuesday Morning, August 30, 2023
CARMEL BY THE SEA, Calif., Aug. 29, 2023 (GLOBE NEWSWIRE) -- Innovative Payment Solutions, Inc. (OTCQB: IPSI) (“IPSI” or the “Company”), a leading FinTech provider of digital payment platforms, today announced that it has effectuated a reverse stock split of...
Innovative Payment Solutions Announces Funding of Its Initial $500,000 Contribution to IPSIPay Express
Funding affords IPSI an initial 11% equity interest in a new payment processing joint venture, which remains on track for third quarter launch and initial revenues. Funding affords IPSI an initial 11% equity interest in a new payment processing joint...
Innovative Payment Solutions Provides Update on IPSIPay
New Payment Processing Joint Venture Making Progress Towards Anticipated Third Quarter Launch and Initial Revenues Joint Venture Expands into Traditional Credit Card Processing in Addition to New Real-Time Consumer-To-Merchant Payments Solution CARMEL BY THE SEA, Calif., June 27, 2023 (GLOBE...
Innovative Payment Solutions to Present at the LD Micro Main Event XV
CARMEL BY THE SEA, Calif., Oct. 19, 2022 (GLOBE NEWSWIRE) -- Innovative Payment Solutions, Inc. (OTCQB: IPSI) (“IPSI” or the “Company”), a fintech provider of digital payment and other solutions to both business owners and consumers, today announces that William...
Innovative Payment Solutions to Present at the LD Micro Main Event Conference
CARMEL BY THE SEA, Calif., Oct. 08, 2021 (GLOBE NEWSWIRE) -- Innovative Payment Solutions, Inc. (OTCQB: IPSI) (“Innovative” or the “Company”), a next generation digital wallet ecosystem company, announces today that Chief Executive Officer William Corbett will be presenting virtually...
Source: https://incomestatements.info
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