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
NV
Fiscal year end
December 31
Former names
QPAGOS (to 11/4/2019), Asiya Pearls, Inc. (to 6/15/2016)
Latest financial report
10-Q - Q3 2024 - Nov 12, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 1.05 % -83.7%
Debt-to-equity -111 % +18.7%
Return On Equity 56.3 % -65.1%
Return On Assets -497 % -13.5%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 18.7M shares +40.6%
Common Stock, Shares, Outstanding 16.2M shares +24.2%
Entity Public Float 4.63M USD -57.1%
Common Stock, Value, Issued 1.62K USD +24.3%
Weighted Average Number of Shares Outstanding, Basic 14.5M shares +13.7%
Weighted Average Number of Shares Outstanding, Diluted 14.5M shares +13.7%

Income Statement

Label TTM Value / Value Unit Change %
General and Administrative Expense 2.15M USD -44.2%
Operating Income (Loss) -2.16M USD +50.4%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -1.73M USD -182%
Net Income (Loss) Attributable to Parent -4.66M USD +45.7%
Earnings Per Share, Basic -0.33 USD/shares +64.1%
Earnings Per Share, Diluted -0.33 USD/shares +64.1%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 19.4K USD -98.6%
Other Assets, Current 12.4K USD -74.9%
Assets, Current 146K USD +112%
Property, Plant and Equipment, Net 5.4K USD -28.7%
Intangible Assets, Net (Excluding Goodwill) 1.19M USD +23.5%
Assets 1.04M USD +30.4%
Accounts Payable, Current 2.6M USD +62.6%
Liabilities, Current 10.5M USD +40%
Liabilities 10.6M USD +39.1%
Retained Earnings (Accumulated Deficit) -61.5M USD -8.19%
Stockholders' Equity Attributable to Parent -9.59M USD -40.1%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest -9.59M USD -40.1%
Liabilities and Equity 1.04M USD +30.4%

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 16.2M shares +24.2%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 1.03K USD -94.7%
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 51.9M USD +3.83%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets -1 USD -100%
Depreciation, Depletion and Amortization 403K USD +2106%
Share-based Payment Arrangement, Expense 94.5K USD +200%
Interest Expense 371K USD +85.4%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%