Innovative Payment Solutions Gross Margin Growth & History (IPSI)

Innovative Payment Solutions's gross margin was −765.12% for fiscal 2023.

View full Innovative Payment Solutions company overview

Innovative Payment Solutions annual gross margin history

Innovative Payment Solutions annual gross margin

Fiscal yearPeriod endedGross marginChange (percentage points)
20232023-12-31−765.12%−268.66 pp
20222022-12-31−496.46%−497.32 pp
20182018-12-310.87%+0.17 pp
20172017-12-310.69%−2.91 pp
20162016-12-313.60%

Innovative Payment Solutions gross margin trends

Across the available reported history, Innovative Payment Solutions's gross margin decreased from −496.46% to −765.12%, a change of −268.66 percentage points. The latest reported quarter, Q2 2023, shows −5,580.00%.

About the metric

What gross margin means

Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.

Calculation and source

How gross margin is calculated

TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.

Review Innovative Payment Solutions filings at SEC.gov ↗