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Intelligent Protection Management Corp. Reports Third Quarter 2025 Financial Results
Accessnewswireยท2025-11-12 21:05

Core Insights - Intelligent Protection Management Corp. (IPM) reported a total revenue increase of approximately 9% in Q3 2025, reaching $6.2 million compared to $5.7 million in Q2 2025 [1][4] - The company has no long-term debt and cash and equivalents totaled $8.3 million as of September 30, 2025, including $1.0 million in restricted cash [1][10] - The acquisition of Newtek Technology Solutions, Inc. (NTS) has been successfully integrated into IPM's operations, focusing on cybersecurity and cloud infrastructure [2][4] Financial Performance - Q3 2025 revenue was $6.2 million, a significant increase from $0.3 million in the same period last year, and total revenue for the nine months ended September 30, 2025, was $17.5 million compared to $0.8 million in the prior year [6][10] - Adjusted EBITDA loss improved by 31% compared to Q2 2025, with a reported loss of $0.3 million in Q3 2025, compared to a loss of $1.5 million in Q3 2024 [4][10] - The net loss for Q3 2025 was $1.1 million, a decrease from a net loss of $1.5 million in Q3 2024, attributed to an income tax benefit of approximately $2.1 million recorded in the first quarter [10][18] Revenue Streams - Revenue breakdown for Q3 2025 included managed information technology revenue of $3.8 million, procurement revenue of $1.7 million, professional services revenue of $0.5 million, and subscription revenue of $0.3 million [10][17] - Deferred revenue stood at $3.5 million for Q3 2025, which will be recognized in future quarters as services are delivered [10] Strategic Initiatives - The company emphasizes a high-touch customer service model, providing dedicated Technology Managers as a single point of contact for clients [5] - IPM has entered into a reseller agreement with MindsDB to offer AI capabilities and initiated a collaboration with IT Ally to support lower middle-market private equity firms [10] - A stock repurchase plan for up to $400,000 was approved, with 46,658 shares repurchased during Q3 2025 for $88,250 [10]