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MARKETS / BALCAO / IPSI
BALCAO · RETAIL-CATALOG & MAIL-ORDER HOUSES · SMALL CAP

Innovative Payment Solutions, Inc. IPSI

12 fiscal years on record · USD · FY2025 reported · SEC filings only
$-4.4M
In brief

What this company does

We are a provider of digital payment solutions and services to businesses and consumers. The Company is currently a fintech provider of digital payment solutions presently focused on, through its participation in joint ventures, to exploit underserved markets and provide sophisticated credit card processing services. On August 26, 2021, we formed a new subsidiary, Beyond Fintech to acquire a product known as Beyond Wallet from a third party, together with the logo, use of name and implementation of the product into our technology. We own 51% of Beyond Fintech with the other 49% owned by Frictionless. On September 5, 2023, the Company entered into a novation agreement whereby it assigned all its rights and interest in its e-wallet product, IPSIPay, and its receivables and payables due from and to Frictionless, related to IPSIPay, to a third party in order to concentrate all of its efforts on the IPSIPay Express joint venture. As of December 31, 2025, we had 1 full time employee, our Chief Executive Officer and our President and Chief Financial Officer and 1 part-time consultant.

Written from the business description in Innovative Payment Solutions, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 31 March 2026. Every sentence was checked against that document before publication.

Growth
Revenue, FY2025 · full 12-year series below
Revenue $M Net income $M
FY2023 · Revenue 0.0 · Net income -5.8
4M-5M-10M2014201620182020202220242025
Compound annual growth
−86.1%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at −86.1% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
Operating margin Net margin
FY2023 · Operating -965883.7% · Net -1423745.6%
-500000%-1000000%2014201620182020202220242025
ROE
FY2016 · ROE -396.9%
-100%-200%-300%2014201620182020202220242025

Cash & shareholders
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2022 · FCF -3.1
-2M2014201620182020202220242025

Total assetsUSD 4.3M
EquityUSD -7.6M
CashUSD 29,804.00
Current ratio0.01×

Equity funds -178% of total assets.

The 12-year record
12 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 202520242023202220212020201920182017201620152014
Revenue $B··0.00.00.0··0.00.00.00.0·
Operating income $B−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0·
EBITDA $B·−0.0−0.0−0.0−0.0−0.0·−0.0−0.0−0.0−0.0·
Income tax $B············
Net income $B−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0
Free cash flow $B···−0.0−0.0−0.0·−0.0−0.0−0.0−0.0·
EPS, diluted $−0.02−0.30−0.45−0.83−0.04··−0.06−0.08−0.09−0.13−0.01
Dividend / sh $1.80··0.06········
Payout %············
ROE %·········−396.9−307.6−134.5
Shares out B0.710.020.000.010.370.190.130.010.060.060.040.01

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 52 reconciliationsAUDITED

Reconciled in 12 of 19 fiscal years. 43 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityRetail-Catalog & Mail-Order Houses
Listed onOTC market
Incorporated inNevada
Fiscal year endsDecember 31
SEC categorysmaller reporting company
Data on record since2014

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