Innovative Payment Solutions Inc Financials
This page shows Innovative Payment Solutions Inc (IPSI) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 12 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Innovative Payment Solutions shows a financing-dependent operating model: expenses are shrinking, but operations still rely on outside capital.
In FY2025, financing inflow of$817K slightly exceeded operating cash burn of$788K , indicating routine cash needs were still being met externally. That support arrived as a share-count surge took outstanding shares from 19.1M to 710.9M since FY2024, so the business was being funded more by balance-sheet transactions than by internally generated cash.
The rebound in total assets to
The operating cost base has been cut sharply, with SG&A falling from
Financial Health Signals
Innovative Payment Solutions Inc does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
Innovative Payment Solutions Inc passes 1 of 5 computable financial strength tests (4 of the nine could not be computed from available data). 1 of 3 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution).
Innovative Payment Solutions Inc reported a net loss of $4.4M while operations used $788K of cash. With neither figure positive, the ratio between the two carries no quality signal.
Innovative Payment Solutions Inc reported an operating loss of $1.0M against $238K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
Innovative Payment Solutions Inc's EBITDA was -$1.0M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 46.0% from the prior year.
Innovative Payment Solutions Inc reported -$4.4M in net income in fiscal year 2025.
Innovative Payment Solutions Inc earned -$0.02 per diluted share (EPS) in fiscal year 2025.
Not reported for fiscal year 2025.
Cash & Balance Sheet
Innovative Payment Solutions Inc held $30K in cash as of fiscal year 2025; long-term debt is not reported for that period.
Innovative Payment Solutions Inc paid $1.80 per share in dividends in fiscal year 2025.
Not reported for fiscal year 2025.
Margins & Returns
None of these metrics is reported for fiscal year 2025.
Capital Allocation
None of these metrics is reported for fiscal year 2025.
IPSI Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | N/A | N/A | N/A | $410-51.6% | $847 | $0 | N/A | N/A | $7.9M+101.4% | $3.9M+46.4% | $2.7M+138.7% | $1.1M | N/A |
| Cost of Revenue | N/A | N/A | N/A | $4K-29.8% | $5K | N/A | N/A | N/A | $7.9M+101.0% | $3.9M+50.8% | $2.6M+124.5% | $1.2M | N/A |
| Gross Profit | N/A | N/A | N/A | -$3K+25.4% | -$4K | N/A | N/A | N/A | $69K+151.5% | $27K-71.8% | $97K+448.7% | -$28K | N/A |
| SG&A Expenses | N/A | $1.0M-46.0% | $1.9M-47.3% | $3.6M-34.4% | $5.5M-47.0% | $10.3M | N/A | $808K-18.8% | $995K-54.7% | $2.2M-49.1% | $4.3M+55.1% | $2.8M+16090.6% | $17K |
| Operating Income | N/A | -$1.0M+45.9% | -$1.9M+52.4% | -$4.0M+29.1% | -$5.6M+45.8% | -$10.3M | N/A | -$808K+18.8% | -$995K+55.6% | -$2.2M+47.7% | -$4.3M-50.8% | -$2.8M | N/A |
| Interest Expense | N/A | $238K+99.8% | $119K-62.7% | $320K+64.8% | $194K-12.6% | $222K-39.5% | $367K+95.0% | $188K-93.9% | $3.1M+47.7% | $2.1M+3693.8% | $55K+2336.9% | $2K | N/A |
| Net Income | N/A | -$4.4M | N/A | N/A | -$10.3M+29.0% | -$14.5M | N/A | -$3.7M+26.4% | -$5.1M-9.4% | -$4.6M+2.1% | -$4.7M-42.9% | -$3.3M-7709.3% | -$42K |
| EPS (Diluted) | — | -$0.02 | -$0.30+33.3% | -$0.45+45.8% | -$0.83 | -$0.04 | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Not reported in any period shown, so not listed: R&D Expenses, Income Tax.
TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
IPSI Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | $4.3M+1011.8% | $384K-52.3% | $805K-70.7% | $2.8M-59.1% | $6.7M+3376.4% | $193K-82.1% | $1.1M+1.3% | $1.1M-23.1% | $1.4M-9.1% | $1.5M-38.0% | $2.5M+7604.9% | $32K |
| Current Assets | $71K-81.2% | $380K+325.3% | $89K-93.0% | $1.3M-76.9% | $5.5M+5436.3% | $100K+72.3% | $58K-94.5% | $1.1M-2.2% | $1.1M-2.0% | $1.1M-42.6% | $1.9M+5962.9% | $32K |
| Cash & Equivalents | $30K+5566.2% | $526-99.0% | $50K-86.5% | $374K-93.0% | $5.4M+5567.8% | $95K+3079.0% | $3K-95.8% | $71K+274.7% | $19K-58.9% | $46K-94.4% | $832K+2510.1% | $32K |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $331K-34.5% | $505K+44.1% | $350K-9.9% | $389K | N/A |
| Accounts Receivable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $61K+1.5% | $60K-25.4% | $80K-67.0% | $242K | N/A |
| Total Liabilities | $11.9M+8.2% | $11.0M+30.8% | $8.4M+25.0% | $6.7M+124.2% | $3.0M-35.3% | $4.6M+176.7% | $1.7M-60.9% | $4.3M-26.1% | $5.8M+359.2% | $1.3M+275.2% | $336K+87555.9% | $383 |
| Current Liabilities | $11.7M+8.3% | $10.8M+31.4% | $8.2M+25.8% | $6.5M+130.9% | $2.8M-36.5% | $4.5M+167.1% | $1.7M-60.9% | $4.3M-26.1% | $5.8M+359.2% | $1.3M+275.2% | $336K+87555.9% | $383 |
| Total Equity | -$7.6M+28.3% | -$10.6M-39.7% | -$7.6M-91.6% | -$4.0M-207.0% | $3.7M+183.4% | -$4.4M-647.0% | -$593K+81.5% | -$3.2M+27.1% | -$4.4M-1773.1% | $263K-87.6% | $2.1M+6632.8% | $31K |
| Retained Earnings | -$69.0M-9.9% | -$62.8M-7.8% | -$58.2M-11.1% | -$52.4M-24.4% | -$42.1M-52.4% | -$27.6M-24.5% | -$22.2M-20.2% | -$18.5M-37.9% | -$13.4M-52.9% | -$8.8M-117.5% | -$4.0M-9155.3% | -$44K |
Not reported in any period shown, so not listed: Goodwill, Long-Term Debt.
IPSI Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$816K | -$788K-21.5% | -$648K+54.3% | -$1.4M+53.7% | -$3.1M-17.4% | -$2.6M | N/A | -$775K+55.3% | -$1.7M+9.1% | -$1.9M+1.1% | -$1.9M-6886.5% | -$28K+36.0% | -$43K |
| Capital Expenditures | N/A | N/A | N/A | N/A | $43K+366.2% | $9K-81.5% | $50K | N/A | $291-98.3% | $18K+3771.5% | $453-90.5% | $5K | N/A |
| Free Cash Flow | N/A | N/A | N/A | N/A | -$3.1M-18.6% | -$2.6M | N/A | N/A | -$1.7M+9.9% | -$1.9M+0.2% | -$1.9M-5857.2% | -$32K | N/A |
| Investing Cash Flow | N/A | N/A | -$339K+68.2% | -$1.1M-21.6% | -$876K+25.1% | -$1.2M-2238.1% | -$50K | N/A | -$291+98.3% | -$18K-776.9% | -$2K | N/A | N/A |
| Financing Cash Flow | $796K | $817K-12.8% | $937K-56.6% | $2.2M+289.7% | -$1.1M-112.5% | $9.1M | N/A | $1.1M-44.5% | $1.9M-5.3% | $2.0M+143.6% | $822K | N/A | $50K |
Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.
TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
IPSI Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | -765.1% | -496.5% | N/A | N/A | N/A | 0.9%+0.2pp | 0.7%-2.9pp | 3.6%+6.1pp | -2.5% | N/A |
| Operating Margin | N/A | N/A | -965883.7% | -659879.3% | N/A | N/A | N/A | -12.5%+44.3pp | -56.9% | -159.1% | -251.8% | N/A |
| Net Margin | N/A | N/A | N/A | -1214658.4% | N/A | N/A | N/A | -63.9% | -117.5% | -175.8% | -293.4% | N/A |
| Return on Equity | N/A | N/A | N/A | N/A | -391.8% | N/A | N/A | N/A | N/A | -1798.7%-1642.7pp | -156.1%-21.5pp | -134.5% |
| Return on Assets | -102.8% | N/A | N/A | -373.8%-158.4pp | -215.4% | N/A | -345.9%+130.4pp | -476.3%-141.6pp | -334.7%-24.0pp | -310.7%-176.0pp | -134.7%-1.8pp | -132.9% |
| Current Ratio | 0.010.0x | 0.040.0x | 0.01-0.2x | 0.20-1.8x | 1.95+1.9x | 0.020.0x | 0.03-0.2x | 0.25+0.1x | 0.19-0.7x | 0.88-4.9x | 5.76-77.5x | 83.24 |
| Debt-to-Equity | N/A | N/A | N/A | N/A | 0.81 | N/A | N/A | N/A | N/A | 4.79+4.6x | 0.16+0.1x | 0.01 |
| FCF Margin | N/A | N/A | N/A | -366588.2% | N/A | N/A | N/A | -21.9%+27.0pp | -48.9%+22.8pp | -71.7%-68.8pp | -2.9% | N/A |
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Gross Margin, Operating Margin, Net Margin, FCF Margin.
Note: Shareholder equity is negative (-$7.6M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.
Note: The current ratio is below 1.0 (0.01), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
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Where Innovative Payment Solutions Inc Ranks
Frequently Asked Questions
Is Innovative Payment Solutions Inc profitable?
No, Innovative Payment Solutions Inc (IPSI) reported a net income of -$4.4M in fiscal year 2025.
What is Innovative Payment Solutions Inc's EBITDA?
Innovative Payment Solutions Inc (IPSI) had EBITDA of -$1.0M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
Does Innovative Payment Solutions Inc pay dividends?
Yes, Innovative Payment Solutions Inc (IPSI) paid $1.80 per share in dividends during fiscal year 2025.
What is Innovative Payment Solutions Inc's operating cash flow?
Innovative Payment Solutions Inc (IPSI) recorded an outflow of $788K in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are Innovative Payment Solutions Inc's total assets?
Innovative Payment Solutions Inc (IPSI) had $4.3M in total assets as of fiscal year 2025, including both current and long-term assets.
What is Innovative Payment Solutions Inc's current ratio?
Innovative Payment Solutions Inc (IPSI) had a current ratio of 0.01 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is Innovative Payment Solutions Inc's return on assets (ROA)?
Innovative Payment Solutions Inc (IPSI) had a return on assets of -102.8% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Innovative Payment Solutions Inc's cash runway?
Based on fiscal year 2025 data, Innovative Payment Solutions Inc (IPSI) had $30K in cash against an annual operating cash burn of $788K. This gives an estimated cash runway of approximately 0 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.
Why is Innovative Payment Solutions Inc's debt-to-equity ratio negative or not reported?
Innovative Payment Solutions Inc (IPSI) has negative shareholder equity of -$7.6M as of fiscal year 2025, so no debt-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.
What is Innovative Payment Solutions Inc's Piotroski F-Score?
Innovative Payment Solutions Inc (IPSI) has a Piotroski F-Score of 1 out of 5 computable signals; 4 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Innovative Payment Solutions Inc's earnings high quality?
Innovative Payment Solutions Inc (IPSI) reported a net loss of $4.4M while operations used $788K of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Innovative Payment Solutions Inc cover its interest payments?
Innovative Payment Solutions Inc (IPSI) reported an operating loss of $1.0M against $238K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.