earnings
confidence high
sentiment negative
materiality 0.80
IPM Q4 net loss $5.5M; completes transformation to cloud/cybersecurity with NTS acquisition, sale of consumer apps
INTELLIGENT PROTECTION MANAGEMENT CORP.
- Net loss from continuing ops $1.4M (+142% YoY); Adjusted EBITDA loss $1.5M (vs $0.2M loss).
- Revenue from continuing ops $0.3M (+9.1%); total revenue incl discontinued ops $2.1M (-21%).
- Completed sale of Paltalk, Camfrog, Vumber and acquisition of Newtek Technology Solutions in Jan 2025.
- Cash $10.6M, no long-term debt as of Dec 31, 2024.
- 2025 objectives: integrate IT solutions, cross-sell ManyCam, pursue synergistic M&A, defend IP.