INNOVATIVE PAYMENT SOLUTIONS, INC.
Profit History
| Fiscal Year | Revenue | Operating Income | Net Income |
|---|---|---|---|
| FY2014 | — | — | $-42.4K |
| FY2015 | $1.1M | $-2.8M | $-27.2K |
| FY2016 | $2.7M | $-4.3M | $-4.7M |
| FY2017 | $3.9M | $-2.2M | $-4.6M |
| FY2018 | $7.9M | $-994.9K | $-5.1M |
| FY2019 | — | $-807.9K | $-3.7M |
| FY2020 | — | $-1.8M | $-5.4M |
| FY2021 | $0 | $-10.3M | $-14.5M |
| FY2022 | $847 | $-5.6M | $-10.3M |
| FY2023 | $410 | $-4.0M | $-5.8M |
| FY2024 | — | $-1.9M | $-4.1M |
| FY2025 | — | $-1.0M | $-4.4M |
A great business at a fair price is superior to a fair business at a great price.