Innovative Payment Solutions, Inc. financial data

Symbol
IPSI on OTC
Industry
Retail-Catalog & Mail-Order Houses
Location
56 B 5 Th Avenue, Lot 1 #At, Carmel By The Sea, CA
State of incorporation
Nevada
Fiscal year end
December 31
Former names
QPAGOS (to 11/4/2019), Asiya Pearls, Inc. (to 6/15/2016)
Latest financial report
10-Q - Q2 2024 - Aug 14, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 0.92 % -93.1%
Debt-to-equity -112 % +34.2%
Return On Equity 46.4 % -85%
Return On Assets -401 % +4.7%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 14M shares -96.3%
Common Stock, Shares, Outstanding 13.8M shares -96.4%
Entity Public Float 4.63M USD -57.1%
Common Stock, Value, Issued 1.38K USD -96.4%
Weighted Average Number of Shares Outstanding, Basic 13.8M shares +9.71%
Weighted Average Number of Shares Outstanding, Diluted 13.8M shares +9.71%

Income Statement

Label TTM Value / Value Unit Change %
General and Administrative Expense 2.6M USD -55.3%
Operating Income (Loss) -2.71M USD +56.6%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -8.11M USD -9.45%
Net Income (Loss) Attributable to Parent -3.52M USD +67.6%
Earnings Per Share, Basic -0.26 USD/shares +76.4%
Earnings Per Share, Diluted -0.26 USD/shares +76.4%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 19.4K USD -98.6%
Other Assets, Current 17.6K USD -8.01%
Assets, Current 128K USD -49.9%
Property, Plant and Equipment, Net 5.94K USD -60%
Intangible Assets, Net (Excluding Goodwill) 1.19M USD +23.5%
Assets 1.01M USD -45.4%
Accounts Payable, Current 2.45M USD +76.6%
Liabilities, Current 9.12M USD +9.81%
Liabilities 9.27M USD +9.53%
Retained Earnings (Accumulated Deficit) -59.4M USD -6.3%
Stockholders' Equity Attributable to Parent -8.26M USD -24.9%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest -8.26M USD -24.9%
Liabilities and Equity 1.01M USD -45.4%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -203K USD +70.5%
Net Cash Provided by (Used in) Financing Activities 318K USD -40.5%
Net Cash Provided by (Used in) Investing Activities -159K USD -145%
Common Stock, Shares Authorized 750M shares 0%
Common Stock, Shares, Issued 13.8M shares -96.4%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 79K USD +68.9%
Interest Paid, Excluding Capitalized Interest, Operating Activities 16.5K USD +1094%
Deferred Tax Assets, Valuation Allowance 8.14M USD +12.6%
Depreciation 542 USD -99.6%
Payments to Acquire Property, Plant, and Equipment 179K USD
Property, Plant and Equipment, Gross 1K USD 0%
Deferred Tax Assets, Operating Loss Carryforwards 6.9M USD +6.5%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 25M shares 0%
Operating Lease, Payments 4.8K USD
Additional Paid in Capital 51.1M USD +3.88%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 93.1K USD -73.8%
Depreciation, Depletion and Amortization 403K USD +2106%
Share-based Payment Arrangement, Expense 94.5K USD 0%
Interest Expense 371K USD +85.4%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%