INNOVATIVE PAYMENT SOLUTIONS, INC.
Income Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 |
|---|---|---|---|---|---|---|
| Revenue | $7.9M | $3.9M | $2.7M | $1.1M | — | — |
| Cost of Revenue | $7.9M | $3.9M | $2.6M | $1.2M | — | — |
| Gross Profit | $68.7K | $27.3K | $96.9K | $-27.8K | — | — |
| Gross Margin | 0.9% | 0.7% | 3.6% | -2.5% | — | — |
| Operating Expenses | ||||||
| Research & Development | — | — | — | — | — | — |
| SG&A Expense | $994.9K | $2.2M | $4.3M | $2.8M | $17.2K | — |
| Operating Income | $-994.9K | $-2.2M | $-4.3M | $-2.8M | — | — |
| Operating Margin | -12.5% | -56.9% | -159.1% | -251.8% | — | — |
| Interest Expense | $3.1M | $2.1M | $54.6K | $2.2K | — | — |
| Pretax Income | $-3.7M | $-4.6M | $-4.7M | $-3.3M | — | — |
| Income Tax Expense | — | — | — | — | — | — |
| Net Income | $-5.1M | $-4.6M | $-4.7M | $-3.3M | $-42.4K | — |
| Net Margin | -63.9% | -117.5% | -175.8% | -293.4% | — | — |
| EPS (Basic) | $0.00 | $0.00 | $0.00 | $-0.01 | $0.00 | — |
| EPS (Diluted) | $0.00 | $0.00 | $0.00 | $-0.01 | $0.00 | — |
| Shares Outstanding (Basic) | 186.6M | 1.18B | 1.16B | 940.5M | 210.0M | 105.0M |
| Shares Outstanding (Diluted) | 186.6M | 1.18B | 1.16B | 940.5M | 210.0M | 105.0M |
| Dividends Per Share | — | — | — | — | — | — |