INNOVATIVE PAYMENT SOLUTIONS, INC.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | $410 | $847 | $0 | — | — |
| Cost of Revenue | — | — | — | $3.5K | $5.1K | — | — | — |
| Gross Profit | — | — | — | $-3.1K | $-4.2K | — | — | — |
| Gross Margin | — | — | — | -765.1% | -496.5% | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | $1.0M | $1.9M | $3.6M | $5.5M | $10.3M | $1.7M | $807.9K |
| Operating Income | — | $-1.0M | $-1.9M | $-4.0M | $-5.6M | $-10.3M | $-1.8M | $-807.9K |
| Operating Margin | — | — | — | -965,883.7% | -659,879.3% | — | — | — |
| Interest Expense | — | $238.1K | $119.2K | $319.5K | $193.9K | $221.9K | $367.0K | $188.2K |
| Pretax Income | — | $-4.4M | $-3.4M | $-4.9M | $-10.3M | $-14.5M | $-5.4M | $-4.0M |
| Income Tax Expense | — | — | — | — | — | — | — | — |
| Net Income | — | $-4.4M | $-4.1M | $-5.8M | $-10.3M | $-14.5M | $-5.4M | $-3.7M |
| Net Margin | — | — | — | -1,423,356.1% | -1,214,658.4% | — | — | — |
| EPS (Basic) | — | $-0.02 | $-0.01 | $-0.02 | $-0.04 | $0.00 | $0.00 | $-0.01 |
| EPS (Diluted) | — | $-0.02 | $-0.01 | $-0.02 | $-0.04 | $0.00 | — | — |
| Shares Outstanding (Basic) | 723.9M | 317.1M | 316.6M | 269.7M | 260.5M | 7.02B | 4.07B | 2.71B |
| Shares Outstanding (Diluted) | 723.9M | 317.1M | 316.6M | 269.7M | 260.5M | 7.02B | 4.07B | 2.71B |
| Dividends Per Share | — | $1.80 | — | — | $0.00 | — | — | — |