Intelligent Protection Management Corp. (IPM) reports developments as a Nasdaq-listed managed technology solutions provider focused on enterprise cybersecurity and cloud infrastructure. The company provides dedicated server hosting, cloud hosting, data storage, managed security, backup and disaster recovery, and consulting and implementation services for enterprise and commercial clients in the United States. Its product portfolio also includes ManyCam.
Recurring updates cover quarterly and annual financial results, investor presentations, security and compliance milestones such as SOC 2 Type 1, data-center and colocation infrastructure arrangements, and partnerships that extend IPM-hosted technology services. Company materials also reflect the completed 2025 acquisition of Newtek Technology Solutions and the sale of Paltalk, Camfrog and Vumber applications, after which IPM's business focus shifted to cybersecurity and cloud infrastructure.
Intelligent Protection Management Corp. (NASDAQ:IPM) has achieved accredited partner status for HPE Private Cloud AI solution, a collaboration between Hewlett Packard Enterprise and Nvidia. The solution enables rapid deployment of private AI applications, focusing on inferencing, Retrieval-Augmented Generation (RAG), and fine-tuning.
The platform can be deployed within IPM's Private cloud in just eight hours and becomes fully operational within one day. Key performance metrics include:
- Up to 90% increase in productivity through self-service access
- 5x model throughput improvement
- 2x increase in AI developer productivity
As an HPE AI Private Cloud Certified Partner, IPM gains access to specialized expertise and enhanced understanding of HPE's AI solutions, enabling the company to provide innovative AI-driven insights to customers.
Intelligent Protection Management (NASDAQ:IPM) has reported its Q4 and full-year 2024 results, marking a significant business transformation. Following its January 2025 acquisition of Newtek Technology Solutions (NTS) and the sale of its Paltalk, Camfrog, and Vumber applications, the company has refocused on cloud infrastructure and cybersecurity services.
Key Q4 2024 results show continuing operations revenue increased 9.1% to $0.3M, while total revenue including discontinued operations decreased 21% to $2.1M. The company reported a significant net loss increase of 1840% to $5.5M, largely due to a $3.8M impairment loss on divested assets and transaction-related expenses.
For full-year 2024, continuing operations revenue grew 14% to $1.1M, while total revenue declined 17% to $9.1M. The company ended 2024 with $10.6M in cash and no long-term debt. Notably, IPM won a $65.7M jury verdict in a patent infringement lawsuit against Cisco, though the company expects to receive no more than one-third of the gross proceeds after expenses.
Intelligent Protection Management Corp. (Nasdaq:IPM), a managed technology solutions provider specializing in cybersecurity and cloud infrastructure, has rescheduled its Q4 and full-year 2024 earnings conference call to March 24, 2025, at 4:30 p.m. ET.
CEO Jason Katz and CFO Kara Jenny will present the financial results for the period ending December 31, 2024, and address pre-submitted stockholder questions. The company notes that the upcoming financial discussion will reflect business performance prior to two significant transactions completed in January 2025: the acquisition of Newtek Technology Solutions (NTS) from NewtekOne and the sale of its Paltalk, Camfrog, and Vumber applications to Meteor Mobile Holdings.
Intelligent Protection Management Corp. (Nasdaq:IPM), a managed technology solutions provider specializing in cybersecurity and cloud infrastructure, has scheduled its fourth quarter and year end 2024 earnings conference call for March 19, 2025, at 4:30 p.m. ET.
CEO Jason Katz and CFO Kara Jenny will present the financial results for Q4 and full-year 2024, covering the period ending December 31, 2024. The presentation will include a Q&A session for pre-submitted stockholder questions.
Important context: The upcoming financial discussion will reflect the company's performance prior to two significant January 2025 transactions: the acquisition of Newtek Technology Solutions (NTS) from NewtekOne, and the sale of Paltalk, Camfrog, and Vumber applications to Meteor Mobile Holdings.
Intelligent Protection Management (NASDAQ:IPM) has entered into a strategic referral arrangement with NewtekOne, a financial holding company. Under this agreement, both companies will receive commission payments for cross-referring customers for their respective services.
NewtekOne, which serves tens of thousands of business clients, will refer customers to IPM for technology solutions, while IPM will refer clients to NewtekOne for business and financial solutions. This partnership follows NewtekOne's divesture of Newtek Technology Solutions (NTS), which is now owned by IPM.
The arrangement is expected to drive new customer growth for IPM through access to NewtekOne's extensive client base, while leveraging their 21-year history of working together through the previous NTS ownership.