Innovative Payment Solutions, Inc. income statement IPSI

Annual Quarterly

It recorded a net loss of $4.4 million. Diluted earnings per share were -$0.02.

USD in millions, except per-share amounts and margins. The percent under a figure is the change from the year before.

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	FY 2016 Dec 31, 2016	FY 2015 Oct 31, 2015	FY 2014 Oct 31, 2014
Revenue	—	—	0 -51.6%	0	—	3	—	—
Cost of revenue	—	—	0 -29.8%	0	—	3	—	—
Gross profit	—	—	-0 +25.4%	-0	—	0	—	—
Selling, general and administrative	1 -46.0%	2 -47.3%	4 -34.4%	5 -47.0%	2 +115.6%	4 +77247.2%	0 -67.5%	0
Operating income	-1 +45.9%	-2 +52.4%	-4 +29.1%	-6 +45.8%	-2 -117.2%	-4	—	—
Pretax income	-4 -28.5%	-3 -748.1%	-0 +96.1%	-10 +28.7%	-5 -34.5%	-5	—	—
Net income	-4 -6.5%	-4 +29.3%	-6 +43.3%	-10	-5	-5 -17271.8%	-0 +35.7%	-0
Net income to common	-6	—	—	—	—	—	—	—
Basic EPS	-0.02 +93.3%	-0.30 +33.3%	-0.45 +45.8%	-0.83	—	—	—	—
Diluted EPS	-0.02 +93.3%	-0.30 +33.3%	-0.45 +45.8%	-0.83	—	—	—	—
Weighted average shares, basic	317 +2003.1%	15 +17.4%	13 +3.5%	12	—	—	—	—
Weighted average shares, diluted	317 +2003.1%	15 +17.4%	13 +3.5%	12	—	—	—	—
Other measures
Depreciation and amortization	0 +0.0%	0	—	—	0	0	—	—
EBITDA	-1 +46.0%	-2	—	—	-2	-4	—	—
Interest coverage	-1.13x	-3.12x	—	—	—	—	—	—
Margins
Gross margin	—	—	-765.12%	-496.46%	—	3.60%	—	—
Operating margin	—	—	-965,883.66%	-659,879.34%	—	-159.12%	—	—
Pretax margin	—	—	-98,361.46%	-1,219,766.71%	—	-175.75%	—	—
Profit margin	—	—	-1,423,356.10%	-1,214,658.44%	—	-175.75%	—	—
EBITDA margin	—	—	—	—	—	-156.59%	—	—

How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except per-share amounts and margins. Weighted average shares are in millions. Interest expense and finance costs are positive costs. A negative amount on a gain (loss) or income (expense) line is a loss or an expense. EBITDA is operating income plus depreciation and amortization. Interest coverage is operating income divided by interest expense. More on our methodology.

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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)

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Source: SEC EDGAR filings. This is company-reported data, not investment advice.