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Innovative Payment Solutions, Inc. (IPSI)

USD0.00 +0.00 (+7.14%)
US OTC Technology Information Technology Services
Address 56B 5th Street, Lot 1 93921
Carmel-By-The-Sea, CA, US
CEO William D. Corbett
IPO 2016-06-03
CIK 1591913 ISIN US45783M2089

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Description

Innovative Payment Solutions, Inc. (IPSI), along with its various entities, delivers digital payment solutions and services, with a primary focus on the Mexican market. The company engineers and oversees e-wallet platforms that enable users to convert physical cash into digital currency, which can then be transferred to merchants within its established network. Incorporated in 2013, the firm was previously known as QPAGOS, rebranding to Innovative Payment Solutions, Inc. in November 2019. Its corporate headquarters are located in Carmel-by-the-Sea, California.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
USD0.00 +0.00 (+7.14%)
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Volume Profile
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Liquidity & share structure
Average Volume
865.4K
Beta
1.20
Float Shares
489.31M
Free Float %
99.7%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+0.00% +14.29% -33.33% -59.18% -64.73% -68.52% +73.91% -99.30% -99.86% -98.91% -98.91%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
0.00
Quality scores
Altman Z-Score
-10.99
Distress
Piotroski F-Score
2 / 9
Weak
MOAT Score
1 / 10
No MOAT
Composite Rating
C
Overall Score
2 / 5
Medium
DCF Score
1 / 5
Low
ROE Score
5 / 5
High
ROA Score
1 / 5
Low
D/E Score
1 / 5
Low
P/E Score
1 / 5
Low
P/Book Score
1 / 5
Low
Operational MOAT
✗ Below peers
  • Revenue growth Information Technology Services: +10.1%
  • EPS growth Information Technology Services: +16.7%
    +94.6% Q1'26: +99.3% (vs Q1'25)
  • FCF margin FCF growth · Information Technology Services: +32.8%
  • EBIT margin Information Technology Services: +9.0%
  • ROIC Information Technology Services: +9.5%
    -2,197.1% Q1'26: +0.0% (vs Q1'25)
  • Share dilution Information Technology Services: +0.0%
    +2,464.0% Q1'26: +2,098.3% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Information Technology Services: -0.83×
    -2.45× Q1'26: -1.76× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (1.29) × ERP
WACC = 17% × Ke + 83% × Kd (15.7%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Current price: 0.00
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-12 C 2/5 1/5 5/5 1/5 1/5 1/5 1/5
2026-05-11 C 2/5 1/5 5/5 1/5 1/5 1/5 1/5
2026-05-08 C 2/5 1/5 5/5 1/5 1/5 1/5 1/5
2026-05-07 C 2/5 1/5 5/5 1/5 1/5 1/5 1/5
2026-05-06 C 2/5 1/5 5/5 1/5 1/5 1/5 1/5
2026-05-05 C 2/5 1/5 5/5 1/5 1/5 1/5 1/5
2026-05-04 C 2/5 1/5 5/5 1/5 1/5 1/5 1/5
2026-05-01 C 2/5 1/5 5/5 1/5 1/5 1/5 1/5
2026-04-30 C 2/5 1/5 5/5 1/5 1/5 1/5 1/5
2026-04-29 C 2/5 1/5 5/5 1/5 1/5 1/5 1/5
2026-04-28 C 2/5 1/5 5/5 1/5 1/5 1/5 1/5
2026-04-27 C 2/5 1/5 5/5 1/5 1/5 1/5 1/5
2026-04-24 C 2/5 1/5 5/5 1/5 1/5 1/5 1/5
2026-04-23 C 2/5 1/5 5/5 1/5 1/5 1/5 1/5
2026-04-22 C 2/5 1/5 5/5 1/5 1/5 1/5 1/5
2026-04-21 C 2/5 1/5 5/5 1/5 1/5 1/5 1/5
2026-04-20 C 2/5 1/5 5/5 1/5 1/5 1/5 1/5
2026-04-17 C 2/5 1/5 5/5 1/5 1/5 1/5 1/5
2026-04-16 C 2/5 1/5 5/5 1/5 1/5 1/5 1/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
-621.9K
OE per share TTM
-0.01
Owner's Yield
-40.21%
Maintenance CapEx ratio
0.00%
Maint CapEx / Avg PPE
1.5%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
7
Beneficial owners (>5%)
# Reporting person Amount owned % of class Sole voting Shared voting Sole dispositive Shared dispositive Type Citizenship Filing date SEC filing
1 William Corbett 41.48M 11.86% 41.48M 41.48M IN United States of America 2021-03-19
2 of the Act (however, see the Notes). 32.50M 5.00% 32.50M 240.00 CO 2020-01-24
3 all other provisions of the Act(however, see the Notes). 31.98M 5.00% 31.98M 13.00 CO 2020-01-21
4 Barclays PLC 12.19M 7.40% 45.09M 45.09M HC Wyoming 2019-08-19
5 Gibbs International, Inc. 6.25M 11.20% 6.25M CO South Carolina 2016-07-14
6 Jimmy I. Gibbs 6.25M 11.20% 6.25M IN South Carolina 2016-07-14
7 INVESCO PLC 448.2K 5.60% 27.16M 27.16M HC Wyoming 2020-07-09

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock

This company is not held by any ETF in our universe.

Insider Activity

Insider Activity — Latest Quarter
Ratio by transactions
0.00
Bearish
Buys
6
Sells
0
Shares acquired
17.80M
Shares disposed
Cash buys
Cash sales
Net activity
+17,800,000
Insider buys vs sells (history) From To
Recent insider transactions From To
Date Person Role Transaction A/D Security Shares Price Value Owned after D/I Filing
2023-11-27 Rios David F Director P-Purchase A Warrant Shares 579,710 0.35 200.0K 1,359,420
2022-09-15 Rios David F Director A-Award A Stock Option 200,000 0.04 7.4K 200,000
2022-09-15 Henry Clifford W. Director A-Award A Stock Option 200,000 0.04 7.4K 200,000
2022-09-15 FULLER JAMES W Director A-Award A Stock Option 200,000 0.04 7.4K 200,000
2022-09-15 Corbett Madisson Gracee Director A-Award A Stock Option 200,000 0.04 7.4K 200,000
2022-07-11 ROSENBLUM RICHARD Officer A-Award A Common Stock 2,000,000 0.00 4,000,000
2022-07-11 Corbett William D. Director / Officer A-Award A Stock Option 15,000,000 0.15 2.25M 15,000,000
2021-08-16 ROSENBLUM RICHARD Director / Officer A-Award A Stock Option 10,000,000 0.15 1.50M 10,000,000
2021-08-16 Corbett William D. Director / Officer A-Award A Stock Option 20,000,000 0.15 3.00M 20,000,000
2021-07-22 Rios David F Director A-Award A Common Stock 1,000,000 0.00 1,000,000
2021-07-22 ROSENBLUM RICHARD 10% Owner D Common Stock 0 0.00 2,000,000
2021-07-22 Henry Clifford W. Director A-Award A Common Stock 2,000,000 0.00 2,027,602
2021-07-22 FULLER JAMES W Director A-Award A Stock Option 208,333 0.15 31.2K 208,333
2021-07-22 Corbett Madisson Gracee Director A-Award A Common Stock 2,000,000 0.00 2,000,000
2021-05-03 Henry Clifford W. Director D Common Stock 0 0.00 27,602
2021-05-03 Corbett Madisson Gracee Director 0 0.00 0
2021-02-22 Novikov Andrey Director / Officer A-Award A Stock Option 208,333 0.24 50.0K 208,333
2021-02-22 FULLER JAMES W Director D-Return D Stock Option 208,333 0.24 50.0K 0
2021-02-22 Corbett William D. Director / Officer A-Award A Common Stock Purchase Warrant 20,000,000 0.24 4.80M 20,000,000
2021-02-16 FULLER JAMES W Director S-Sale D Common Stock 500 0.22 110.00 2,022,000
2020-12-18 Novikov Andrey Director / Officer J-Other A Common Stock 1,016,408 0.00 1,442,554
2020-06-24 Corbett William D. Director / Officer A-Award A Common Stock 5,123,750 0.00 6,113,138
2020-04-07 Novikov Andrey Director / Officer J-Other A Common Stock 282,146 0.05 13.5K 426,146
2020-03-18 FULLER JAMES W Director A-Award A Common Stock 2,000,000 0.00 2,022,500
2019-12-06 Gibbs Jimmy I 10% Owner I Common Stock 0 0.00 19,467,891
2019-08-06 Corbett William D. Director / Officer D Common Stock 0 0.00 989,388
2018-12-27 Pereira Gaston Director / Officer A-Award A Stock Option (Right to Buy) 1,000,000 0.04 40.0K 1,000,000
2018-12-27 Novikov Andrey Director / Officer A-Award A Stock Option (Right to Buy) 1,000,000 0.04 40.0K 1,000,000
2018-12-27 FULLER JAMES W Director A-Award A Common Stock 70,000 0.00 220,000
2018-06-18 FULLER JAMES W Director A-Award A Common Stock 120,000 0.00 150,000
2017-06-06 FULLER JAMES W Director P-Purchase A Common Stock 8,081 0.39 3.2K 28,081
2017-05-30 FULLER JAMES W Director D Common Stock 0 0.00 20,000
2016-07-18 Gibbs Jimmy I 10% Owner S-Sale D Common Stock 480,000 0.63 300.0K 4,885,000
2016-06-09 Pereira Gaston Singh Director / Officer D Common Stock 0 0.00 2,880,000
2016-06-09 Pereira Gaston Director / Officer D Common Stock 0 0.00 2,880,000
2016-06-09 Novikov Andrey Singh Director / Officer D Common Stock 0 0.00 1,440,000
2016-06-09 Novikov Andrey Director / Officer D Common Stock 0 0.00 1,440,000
2016-06-09 KORB MARK JOHN Officer D Common Stock 0 0.00 25,000
2016-06-09 Harake Sarmad Singh Director I Common Stock 0 0.00 2,985,000
2016-06-09 Harake Sarmad Director I Common Stock 0 0.00 2,985,000
2016-05-12 Gibbs Jimmy I 10% Owner I Common Stock 0 0.00 1,065,000
2015-12-14 Gibbs Jimmy I 10% Owner I Warrant 40,000 0.63 25.0K 0
2015-11-30 Gibbs Jimmy I 10% Owner I Warrant 480,000 1.25 600.0K 0

Executive team

Top executives
Shares Outstanding
490.62M

Executive compensation

Executive compensation (annual)
# Year Executive Salary Bonus Stock award Option award Incentive Other Total % Stock-
based
Filing
1 2022 William Corbett, Chairman of the Board and Chief Executive Officer 360.0K 251.1K 1.09M 15.6K 1.72M 78.12%
2 2022 Richard Rosenblum Chief Financial Officer and President 216.0K 110.0K 111.5K 22.6K 460.2K 48.14%
3 2021 William Corbett, Chairman of the Board and Chief Executive Officer 359.6K 251.1K 910.0K 4.33M 5.85M 19.85%
4 2021 Richard Rosenblum Chief Financial Officer and President 108.0K 194.0K 381.0K 683.0K 84.19%
5 2021 Richard Rosenblum Chief Financial Officer, President and Secretary 108.0K 194.0K 381.0K 683.0K 84.19%
6 2021 Andrey Novikov Chief Technology Officer 45.8K 83.5K 129.3K 35.42%
7 2020 William Corbett, Chairman of the Board and Chief Executive Officer 142.8K 28.6K 502.1K 33.0K 706.5K 71.07%
8 2020 William Corbett, Chairman of the Board, Chief Executive Officer and Interim Chief Financial Officer 142.8K 28.6K 502.1K 33.0K 706.5K 71.07%
9 2020 Andrey Novikov Chief Technology Officer 96.0K 39.0K 135.0K 28.89%
10 2019 Andrey Novikov Chief Technology Officer 126.1K 7.7K 133.8K 0.00%
11 2019 William Corbett, Chairman of the Board, Chief Executive Officer and Interim Chief Financial Officer 49.1K 2.8K 51.8K 0.00%
CEO compensation breakdown

Proxy statements

Proxy statements (DEF 14A)
Filing date Form type Filing
2023-11-06 DEF 14A
2022-09-28 DEF 14A
2022-09-16 PRE 14A
2021-09-15 DEF 14A
2021-09-02 PRE 14A

Recent SEC filings

Recent SEC filings
Filing date Form type Filing
2026-04-01 8-K
2026-03-31 10-K
2025-11-14 10-Q
2025-11-04 8-K
2025-10-29 8-K
2025-08-14 10-Q
2025-05-15 10-Q
2025-03-31 10-K
2025-01-28 8-K
2025-01-10 8-K

Executive team

NameTitleCompensationGender
William D. Corbett Chief Executive Officer, Interim Chief Financial Officer, President & Executive Chairman 241.8K male
Andrey Novikov Chief Technology Officer male
ESG Rating
B-
INFORMATION TECHNOLOGY SERVICES
Rank: 83 out of 89
2024
E (Environmental)
44.1 / 65.1
Company / Sector avg.
S (Social)
72.6 / 65.3
Company / Sector avg.
G (Governance)
70.4 / 67.4
Company / Sector avg.
ESG Total
62.4 / 65.9
Company / Sector avg.
ESG Score History INFORMATION TECHNOLOGY SERVICES
Benchmark vs Sector
Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend history

Earnings history

Earnings reports

Stock splits