Innovative Payment Solutions net loss widens 6.5% to $4.4 million in FY25

Reuters04-01

<a href="https://laohu8.com/S/IPSI">Innovative Payment</a> Solutions net loss widens 6.5% to $4.4 million in FY25

Innovative Payment Solutions posted a net loss of $4.4 million for fiscal 2025, widening 6.5%.
Revenue was nil, unchanged, as the company pivoted toward payment processing via Jetties Partners (d/b/a IPSIPAY) with expected initial revenue in fiscal 2026.
General and administrative expense fell 46% to $1 million, while interest expense rose 49.5% to $902,194.
Liquidity remained strained with cash of $29,804 and a working capital deficit of $11.6 million at Dec. 31, 2025.
Management said much of the groundwork to begin payment-processing operations at IPSIPAY has been completed, with initial revenue expected in fiscal 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Innovative Payment Solutions Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-037405), on March 31, 2026, and is solely responsible for the information contained therein.

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