# Intelligent Protection Management Inc. (IPM)

**Exchange:** NASDAQ  
**Market cap:** $24M  
**Price:** $1.83 (+1.10%)

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $24M | $12M | -$5M | -$2M | — |
| 2024 | $1M | $835,392 | -$5M | -$8M | — |
| 2023 | $962,032 | $677,140 | -$4M | -$1M | — |
| 2022 | $11M | $8M | -$4M | -$3M | — |
| 2021 | $13M | $11M | $519,490 | $1M | — |
| 2020 | $13M | $10M | $1M | $1M | — |
| 2019 | $15M | $12M | -$9M | -$8M | — |
| 2018 | $20M | $17M | $451,125 | -$4M | — |
| 2017 | $25M | $20M | -$6M | -$6M | — |
| 2016 | $21M | $16M | -$2M | -$1M | — |
| 2015 | $20M | $15M | -$470,655 | -$265,926 | — |
| 2014 | $14M | $12M | -$2M | -$2M | — |
| 2013 | $13M | — | -$5M | -$4M | — |
| 2012 | $19M | $15M | -$3M | -$4M | — |
| 2011 | $19M | $17M | -$4M | — | — |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $26M | $8M | $18M | $6M | — |
| 2024 | $16M | $4M | $12M | $11M | — |
| 2023 | $24M | $4M | $20M | $14M | — |
| 2022 | $25M | $4M | $21M | $15M | $77,005 |
| 2021 | $29M | $4M | $25M | $22M | $159,182 |
| 2020 | $14M | $4M | $10M | $6M | $506,500 |
| 2019 | $12M | $4M | $8M | $3M | — |
| 2018 | $24M | $9M | $15M | $7M | — |
| 2017 | $23M | $5M | $17M | $4M | — |
| 2016 | $28M | $7M | $21M | $4M | — |
| 2015 | $17M | $4M | $13M | $7M | — |
| 2014 | $3M | $5M | $13M | $8M | — |
| 2013 | $3M | $4M | -$869,059 | $927,352 | — |
| 2012 | $7M | $5M | $2M | $5M | — |
| 2011 | $11M | $6M | $5M | $2M | — |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | $1M | $280,149 | $796,575 |
| 2024 | -$3M | — | — |
| 2023 | -$1M | — | — |
| 2022 | -$3M | — | — |
| 2021 | $1M | — | — |
| 2020 | $1M | — | — |
| 2019 | -$4M | $391,230 | -$5M |
| 2018 | $3M | $342,651 | $2M |
| 2017 | -$730,758 | $294,227 | -$1M |
| 2016 | -$406,651 | $345,070 | -$751,721 |
| 2015 | $95,962 | $488,154 | -$392,192 |
| 2014 | -$167,574 | $3,731 | -$171,305 |
| 2013 | -$4M | $48,553 | -$4M |
| 2012 | -$3M | $137,978 | -$4M |
| 2011 | -$1M | $540,591 | -$2M |

Source: [CompaniesByCap](https://companiesbycap.com/company/IPM)