Paltalk Q3 revenue up 5.5% to $2.8M; net loss narrows 83% to $0.2M

INTELLIGENT PROTECTION MANAGEMENT CORP.

2023-Q3 EPS reported -$0.09 revenue$8,287,958

Revenue $2.8M (+5.5% YoY); subscription revenue $2.7M (+5.3%).
Net loss improved to $0.2M from $1.1M; Adjusted EBITDA loss $0.1M from $0.8M.
Generated positive cash flow from operations ($16k) vs. ($980k) YoY.
Appointed Geoff Cook (ex-Met Group CEO) to Board; Cisco patent trial set for May 2024.
Cash $13.7M with no long-term debt; deferred revenue $2.2M.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

INTELLIGENT PROTECTION MANAGEMENT CORP. reported third quarter ended September 30, 2023 results: revenue $2.8 million, net income $0.2 million.

Period: third quarter ended September 30, 2023
Revenue: $2.8 million
Net income: $0.2 million
Result: reported results

Exact text from the filing

Revenue for the three months ended September 30, 2023 increased by 5.5% to $2.8 million

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

INTELLIGENT PROTECTION MANAGEMENT CORP. reported nine months ended September 30, 2023 results: revenue $8.3 million, net income $0.8 million.

Period: nine months ended September 30, 2023
Revenue: $8.3 million
Net income: $0.8 million
Result: reported results

Exact text from the filing

Revenue for the nine months ended September 30, 2023 increased by 1.0% to $8.3 million

View on SEC.gov

38 earnings releases filed in the last 30 days. Browse all earnings releases →

INTELLIGENT PROTECTION MANAGEMENT CORP. filing history →

Source: SEC EDGAR

accession 0001213900-23-084291

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