FY2023 · ended Dec 31, 2023 · Revenue $410, -51.6% YoY · Filed Mar 31, 2025
Innovative Payment Solutions, Inc. (IPSI) files with the SEC under industry code 5961, Retail-Catalog & Mail-Order Houses.
Revenue
$410
-51.6% vs prior year
Net income
$-4.39M
-6.5% vs prior year
Operating cash flow (TTM)
$-815,781
-19.5% vs year-ago TTM
Free cash flow
$-3.11M
-18.6% vs prior year
EPS
$-0.02
+93.3% vs prior year
Dividend per share
$1.80
+2900.0% vs prior year
Shares outstanding
723.87M
+928.6% vs prior year
Net cash
$42,778
FY 2020
Operating margin
-965883.7%
FY 2023
Company profile
- Industry
- Retail-Catalog & Mail-Order Houses (SIC 5961)
- Listed as
- IPSI (OTC)
- Fiscal year ends
- December 31
- Incorporated in
- NV
- Headquarters
- Carmel By The Sea, CA
- SEC filer status
- Non-accelerated filer, Smaller reporting company
- SEC CIK
- 1591913
- Former names
- QPAGOS (until Nov 4, 2019); Asiya Pearls, Inc. (until Jun 15, 2016)
Other Retail-Catalog & Mail-Order Houses companies
- Amazon Com Inc AMZN
- Coupang, Inc. CPNG
- CDW Corp CDW
- Wayfair Inc. W
- Chewy, Inc. CHWY
- Vipshop Holdings Ltd VIPS
- Insight Enterprises Inc NSIT
- Pattern Group Inc. PTRN
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2020 Dec 31, 2020 |
|---|---|---|---|---|---|
| Revenue | — | — | $410 | $847 | — |
| Operating income | -$1.0M | -$1.9M | -$4.0M | -$5.6M | -$1.8M |
| Net income | -$4.4M | -$4.1M | -$5.8M | -$10.3M | -$5.4M |
| Diluted EPS | -$0.02 | -$0.30 | -$0.45 | -$0.83 | — |
| Operating cash flow | -$787,722 | -$648,076 | -$1.4M | -$3.1M | -$1.3M |
| Free cash flow | — | — | — | -$3.1M | -$1.3M |
| Total assets | $4.3M | $384,449 | $805,216 | $2.8M | $193,400 |
| Total liabilities | $11.9M | $11.0M | $8.4M | $6.7M | $4.6M |
| Stockholders' equity | -$7.6M | -$10.6M | -$7.6M | -$4.0M | -$4.4M |
| Cash and investments | $29,804 | $526 | $50,433 | $374,765 | $94,704 |
| Total debt | — | — | — | — | $51,926 |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 10-Q | Quarterly report | Aug 14, 2026 | Jun 30, 2026 |
| 10-Q | Quarterly report | May 15, 2026 | Mar 31, 2026 |
| 8-K |
Current report
Bylaw or fiscal year change
|
Apr 1, 2026 | Jan 21, 2026 |
| 10-K | Annual report | Mar 31, 2026 | Dec 31, 2025 |
| 10-Q | Quarterly report | Nov 14, 2025 | Sep 30, 2025 |
| 8-K |
Current report
Material agreement
|
Nov 4, 2025 | Oct 29, 2025 |
All 273 Innovative Payment Solutions, Inc. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.