IP Strategy Holdings Inc Financials
This page shows IP Strategy Holdings Inc (IPST) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 2 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).
Financial Health Signals
Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
IP Strategy Holdings Inc has an operating margin of -177.6%, meaning the company retains $-178 of operating profit per $100 of revenue. This below-average margin results in a low score of 0/100, suggesting thin profitability after operating expenses. This is down from -141.3% the prior year.
IP Strategy Holdings Inc's revenue grew 5.4% year-over-year to $8.4M, a solid pace of expansion. This earns a growth score of 42/100.
IP Strategy Holdings Inc has elevated debt relative to equity (D/E of 16.72), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 0/100, reflecting increased financial risk.
IP Strategy Holdings Inc's current ratio of 0.28 means current assets barely cover short-term liabilities. This tight liquidity results in a low score of 0/100, which could limit financial flexibility.
While IP Strategy Holdings Inc generated -$11.2M in operating cash flow, capex of $106K consumed most of it, leaving -$11.3M in free cash flow. This results in a low score of 0/100, reflecting heavy capital investment rather than weak cash generation.
IP Strategy Holdings Inc earns a strong 89.7% return on equity (ROE), meaning it generates $90 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 100/100.
IP Strategy Holdings Inc passes 4 of 9 financial strength tests. 2 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, IP Strategy Holdings Inc generates $-15.79 in operating cash flow (-$11.2M OCF vs $710K net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
IP Strategy Holdings Inc earns $-5.9 in operating income for every $1 of interest expense (-$14.9M vs $2.5M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Earnings & Revenue
IP Strategy Holdings Inc generated $8.4M in revenue in fiscal year 2024. This represents an increase of 5.4% from the prior year.
IP Strategy Holdings Inc's EBITDA was -$13.1M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 40.5% from the prior year.
IP Strategy Holdings Inc reported $710K in net income in fiscal year 2024. This represents an increase of 101.9% from the prior year.
IP Strategy Holdings Inc earned $-1.97 per diluted share (EPS) in fiscal year 2024. This represents an increase of 98.0% from the prior year.
Cash & Balance Sheet
IP Strategy Holdings Inc generated -$11.3M in free cash flow in fiscal year 2024, representing cash available after capex. This represents a decrease of 33.1% from the prior year.
IP Strategy Holdings Inc held $453K in cash against $13.2M in long-term debt as of fiscal year 2024.
IP Strategy Holdings Inc paid $0.00 per share in dividends in fiscal year 2024.
IP Strategy Holdings Inc had 5M shares outstanding in fiscal year 2024. This represents an increase of 1116.5% from the prior year.
Margins & Returns
IP Strategy Holdings Inc's gross margin was 25.3% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is down 1.7 percentage points from the prior year.
IP Strategy Holdings Inc's operating margin was -177.6% in fiscal year 2024, reflecting core business profitability. This is down 36.2 percentage points from the prior year.
IP Strategy Holdings Inc's net profit margin was 8.5% in fiscal year 2024, showing the share of revenue converted to profit. This is up 470.1 percentage points from the prior year.
IP Strategy Holdings Inc's ROE was 89.7% in fiscal year 2024, measuring profit generated per dollar of shareholder equity.
Capital Allocation
IP Strategy Holdings Inc spent $4K on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 67.5% from the prior year.
IP Strategy Holdings Inc invested $106K in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents an increase of 301.4% from the prior year.
IPST Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $3.0M+126.1% | $1.3M+21.0% | $1.1M-64.7% | $3.1M+75.6% | $1.8M-4.4% | $1.8M+8.0% | $1.7M | N/A |
| Cost of Revenue | $1.2M+5.7% | $1.1M+33.5% | $820K-70.2% | $2.8M+143.2% | $1.1M+3.4% | $1.1M-15.7% | $1.3M | N/A |
| Gross Profit | $1.8M+706.7% | $227K-16.5% | $272K-20.0% | $340K-46.0% | $630K-15.8% | $748K+83.0% | $409K | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $2.0M-60.1% | $4.9M+248.4% | $1.4M-77.9% | $6.4M+343.0% | $1.4M-17.7% | $1.7M+20.9% | $1.4M | N/A |
| Operating Income | -$1.1M+82.7% | -$6.6M-171.3% | -$2.5M+70.5% | -$8.3M-299.7% | -$2.1M+9.5% | -$2.3M-3.2% | -$2.2M | N/A |
| Interest Expense | N/A | $595K+13.8% | $523K | N/A | N/A | $635K+5.6% | $601K | N/A |
| Income Tax | $49.4M+1583077.3% | $3K | N/A | N/A | $0-100.0% | $9K | N/A | N/A |
| Net Income | $196.3M+2790.4% | -$7.3M-140.5% | -$3.0M+35.7% | -$4.7M-37.4% | -$3.4M-140.8% | $8.4M+1756.4% | $453K | N/A |
| EPS (Diluted) | $16.97+2303.9% | $-0.77-126.5% | $-0.34 | N/A | $-160.41-12534.9% | $1.29+892.3% | $0.13 | N/A |
IPST Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $482.8M+1719.2% | $26.5M-1.9% | $27.1M-3.3% | $28.0M-9.9% | $31.1M | N/A | N/A | $26.3M |
| Current Assets | $4.9M+59.0% | $3.1M-4.5% | $3.2M-17.1% | $3.9M-33.7% | $5.9M | N/A | N/A | $5.3M |
| Cash & Equivalents | $1.7M+800.6% | $186K+86.8% | $100K-78.0% | $453K+1323.0% | $32K-79.0% | $152K-66.6% | $454K+490.0% | $77K |
| Inventory | $2.3M-1.5% | $2.3M-7.6% | $2.5M+1.4% | $2.5M-31.2% | $3.6M | N/A | N/A | $2.8M |
| Accounts Receivable | $203K-3.8% | $211K+5.7% | $199K-68.8% | $639K+112.6% | $300K | N/A | N/A | $722K |
| Goodwill | $590K0.0% | $590K0.0% | $590K0.0% | $590K-7.4% | $637K | N/A | N/A | $0 |
| Total Liabilities | $62.3M+111.9% | $29.4M+7.4% | $27.4M+0.7% | $27.2M-58.2% | $65.1M | N/A | N/A | $69.7M |
| Current Liabilities | $10.4M-37.0% | $16.4M+18.0% | $13.9M+0.9% | $13.8M-70.3% | $46.5M | N/A | N/A | $62.8M |
| Long-Term Debt | $2.6M-80.0% | $13.0M+0.1% | $13.0M-2.1% | $13.2M-11.5% | $15.0M | N/A | N/A | $14.3M |
| Total Equity | $420.4M+14665.0% | -$2.9M-777.4% | -$329K-141.5% | $792K+102.3% | -$34.0M-3.8% | -$32.7M+23.8% | -$43.0M+1.0% | -$43.4M |
| Retained Earnings | $111.8M+232.4% | -$84.5M-9.5% | -$77.2M-4.1% | -$74.1M-6.8% | -$69.4M | N/A | N/A | -$74.8M |
IPST Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$4.3M-182.7% | -$1.5M+25.5% | -$2.0M+59.3% | -$5.0M-490.1% | -$845K+69.0% | -$2.7M-2.3% | -$2.7M-10.3% | -$2.4M |
| Capital Expenditures | $46K+309.5% | $11K-34.9% | $17K-76.7% | $74K+128.6% | -$260K-189.0% | $292K | $0 | N/A |
| Free Cash Flow | -$4.3M-183.6% | -$1.5M+25.6% | -$2.0M+59.5% | -$5.1M-358.0% | -$1.1M+63.3% | -$3.0M-13.3% | -$2.7M | N/A |
| Investing Cash Flow | -$21.0M-209211.5% | -$10K-115.4% | $65K+187.9% | -$74K-128.6% | $260K+189.0% | -$292K-5836.7% | $5K-96.6% | $150K |
| Financing Cash Flow | $26.8M+1563.0% | $1.6M-0.2% | $1.6M-70.6% | $5.5M+1077.6% | $466K-82.8% | $2.7M-10.5% | $3.0M+31.2% | $2.3M |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | $0 | N/A | N/A | $0-100.0% | $1K | N/A | N/A | $810 |
IPST Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 61.3%+44.1pp | 17.2%-7.7pp | 24.9%+13.9pp | 11.0%-24.8pp | 35.8%-4.8pp | 40.6%+16.6pp | 23.9% | N/A |
| Operating Margin | -38.4%+464.6pp | -503.0%-278.5pp | -224.5%+44.4pp | -268.8%-150.8pp | -118.1%+6.6pp | -124.7%+5.8pp | -130.5% | N/A |
| Net Margin | 6566.2%+7118.1pp | -551.9%-274.1pp | -277.8%-125.3pp | -152.5%+42.4pp | -194.9%-651.2pp | 456.3%+429.8pp | 26.5% | N/A |
| Return on Equity | 46.7% | N/A | N/A | -595.6% | N/A | N/A | N/A | N/A |
| Return on Assets | 40.6%+68.1pp | -27.5%-16.3pp | -11.2%+5.6pp | -16.8%-5.8pp | -11.0% | N/A | N/A | N/A |
| Current Ratio | 0.48+0.3 | 0.19-0.0 | 0.23-0.1 | 0.28+0.2 | 0.13 | N/A | N/A | 0.08 |
| Debt-to-Equity | 0.01+4.5 | -4.50+34.9 | -39.40-56.1 | 16.72+17.2 | -0.44 | N/A | N/A | -0.33 |
| FCF Margin | -144.6%-29.3pp | -115.3%+72.3pp | -187.6%-23.9pp | -163.7%-100.9pp | -62.7%+100.9pp | -163.6%-7.7pp | -155.9% | N/A |
Note: The current ratio is below 1.0 (0.28), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Frequently Asked Questions
What is IP Strategy Holdings Inc's annual revenue?
IP Strategy Holdings Inc (IPST) reported $8.4M in total revenue for fiscal year 2024. This represents a 5.4% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is IP Strategy Holdings Inc's revenue growing?
IP Strategy Holdings Inc (IPST) revenue grew by 5.4% year-over-year, from $8.0M to $8.4M in fiscal year 2024.
Is IP Strategy Holdings Inc profitable?
Yes, IP Strategy Holdings Inc (IPST) reported a net income of $710K in fiscal year 2024, with a net profit margin of 8.5%.
What is IP Strategy Holdings Inc's EBITDA?
IP Strategy Holdings Inc (IPST) had EBITDA of -$13.1M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does IP Strategy Holdings Inc have?
As of fiscal year 2024, IP Strategy Holdings Inc (IPST) had $453K in cash and equivalents against $13.2M in long-term debt.
What is IP Strategy Holdings Inc's gross margin?
IP Strategy Holdings Inc (IPST) had a gross margin of 25.3% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.
What is IP Strategy Holdings Inc's operating margin?
IP Strategy Holdings Inc (IPST) had an operating margin of -177.6% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is IP Strategy Holdings Inc's net profit margin?
IP Strategy Holdings Inc (IPST) had a net profit margin of 8.5% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is IP Strategy Holdings Inc's return on equity (ROE)?
IP Strategy Holdings Inc (IPST) has a return on equity of 89.7% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.
What is IP Strategy Holdings Inc's free cash flow?
IP Strategy Holdings Inc (IPST) generated -$11.3M in free cash flow during fiscal year 2024. This represents a -33.1% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is IP Strategy Holdings Inc's operating cash flow?
IP Strategy Holdings Inc (IPST) generated -$11.2M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are IP Strategy Holdings Inc's total assets?
IP Strategy Holdings Inc (IPST) had $28.0M in total assets as of fiscal year 2024, including both current and long-term assets.
What are IP Strategy Holdings Inc's capital expenditures?
IP Strategy Holdings Inc (IPST) invested $106K in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
What is IP Strategy Holdings Inc's current ratio?
IP Strategy Holdings Inc (IPST) had a current ratio of 0.28 as of fiscal year 2024, which is below 1.0, which may suggest potential liquidity concerns.
What is IP Strategy Holdings Inc's debt-to-equity ratio?
IP Strategy Holdings Inc (IPST) had a debt-to-equity ratio of 16.72 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is IP Strategy Holdings Inc's return on assets (ROA)?
IP Strategy Holdings Inc (IPST) had a return on assets of 2.5% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is IP Strategy Holdings Inc's cash runway?
Based on fiscal year 2024 data, IP Strategy Holdings Inc (IPST) had $453K in cash against an annual operating cash burn of $11.2M. 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.
What is IP Strategy Holdings Inc's Piotroski F-Score?
IP Strategy Holdings Inc (IPST) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. 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 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are IP Strategy Holdings Inc's earnings high quality?
IP Strategy Holdings Inc (IPST) has an earnings quality ratio of -15.79x, considered low quality (accrual-driven). 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 IP Strategy Holdings Inc cover its interest payments?
IP Strategy Holdings Inc (IPST) has an interest coverage ratio of -5.9x, meaning it can struggle to cover its interest obligations. 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.
How financially healthy is IP Strategy Holdings Inc?
IP Strategy Holdings Inc (IPST) scores 24 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.