See more : Itaconix plc (ITXXF) 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 |
Innovative Payment Solutions, Inc. Files an Application to Uplist Its Shares on NASDAQ
NORTHRIDGE, CA, April 20, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Innovative Payment Solutions, Inc. (OTCQB: IPSI) (“Innovative” or the “Company”), a Southern California based fintech company focused on building a 21st century universal digital payment platform, IPSIPay™, today announced that...
Innovative Payment Solutions, Inc. Announces $4,550,000 Private Placement Offering
NORTHRIDGE, Calif., March 12, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Innovative Payment Solutions, Inc. (OTCQB: IPSI) (“Innovative” or the “Company”), a Southern California based fintech company focused on building a 21st century digital payment solution, IPSIPay, today announced that...
Innovative Payment Solutions, Inc. Announces an Additional Capital Raise of $950,000
NORTHRIDGE, Calif., March 05, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire – Innovative Payment Solutions, Inc. (OTCQB: IPSI) (“Innovative” or the “Company”), a Southern California based fintech company focused on building a 21st century digital payment solution, IPSIPay, today announced that...
Innovative Payment Solutions, Inc. Announces Signing a Service Agreement with Interface Investment Capital, LLC.
NORTHRIDGE, Calif., March 01, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire – Innovative Payment Solutions, Inc. (OTCQB: IPSI) (“Innovative” or the “Company”), a Southern California based fintech company focused on building a 21st century digital payment solution, IPSIPay, today announced that...
Innovative Payment Solutions, Inc. Provides Investor Update
NORTHRIDGE, CA, Feb. 22, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Innovative Payment Solutions, Inc . (OTCQB: IPSI) (“Innovative” or the “Company”), a Southern California based fintech company focused on building a 21st century digital payment solution, IPSIPay, is pleased...
Innovative Payment Solutions, Inc. Announces a Capital Raise of $600K on Company Friendly Terms
NORTHRIDGE, Calif., Feb. 04, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire – Innovative Payment Solutions, Inc. (OTCQB: IPSI) (“Innovative” or the “Company”), a Southern California based fintech company focused on building a 21st century digital payment solution, IPSIPay™, today announced it...
Innovative Payment Solutions, Inc. Announces a Partnership with Golden Money Transfer, Inc. to Facilitate Its Money Transmission Service to Mexico
NORTHRIDGE, Calif., Feb. 01, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire – Innovative Payment Solutions, Inc. (OTCQB: IPSI) (“Innovative” or the “Company”), a Southern California based fintech company focused on building a 21st century digital payment solution, IPSIPay™, today announced an...
Innovative Payment Solutions, Inc. Provides 2020 Year-End Corporate Update
NORTHRIDGE, Calif., Jan. 12, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Innovative Payment Solutions, Inc. (OTCQB: IPSI) (“Innovative” or the “Company”), a U.S.-based fintech company focused on building a 21st century digital payment solution, IPSIPay™, provides a 2020 year-end corporate update.
Source: https://incomestatements.info
Category: Stock Reports