earnings
confidence high
sentiment negative
materiality 0.60
Paltalk reports FY2021 revenue $13.3M (+3%), net income $1.3M; approves $1.75M stock buyback
INTELLIGENT PROTECTION MANAGEMENT CORP.
- Full year revenue $13.3M (+3% YoY); net income $1.3M, down 3% from $1.37M.
- Q4 revenue fell 9% to $3.1M; net loss of $5K vs net income $531K in Q4 2020.
- Adjusted EBITDA $1.3M for FY2021, down from $2.0M; Q4 adjusted EBITDA loss $0.2M.
- Cash and equivalents $21.6M, no long-term debt; stock repurchase plan up to $1.75M effective March 29, 2022.