Intelligent Protection Management Corp.
IPM Technology Software Application
In the quarter to June 2026, revenue grew 12.9%, EPS fell 25.0% and free cash flow grew 42.7%, each against the same quarter a year earlier. Insiders bought in the last twelve months.
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Intelligent Protection Management Corp. (IPM) Altman Z-score
Intelligent Protection Management Corp.'s Altman Z-score for fiscal 2025 is 0.87, in the distress zone (below 1.81).
Altman Z-score, annual
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Annual newest first
| Period | Altman Z-score | Change (points) |
|---|---|---|
| FY2025 | 0.87 | 0.57 |
| FY2024 | 0.30 | (2.39) |
| FY2023 | 2.69 | 1.23 |
| FY2022 | 1.47 | (2.77) |
| FY2021 | 4.23 | 2.38 |
| FY2020 | 1.85 | 3.18 |
| FY2019 | −1.33 | (3.82) |
| FY2018 | 2.49 | (2.95) |
| FY2017 | 5.44 | 2.12 |
| FY2016 | 3.32 | (0.83) |
How fiscal 2025’s score is made up
| Component | This year | Year before | Result | Points |
|---|---|---|---|---|
| Working capital / total assets | 0.16 | — | 0.19 | |
| Retained earnings / total assets | (0.97) | — | −1.36 | |
| EBIT / total assets | (0.18) | — | −0.60 | |
| Market value of equity / total liabilities | 2.88 | — | 1.73 | |
| Sales / total assets | 0.91 | — | 0.91 | |
| Altman Z-score | Distress zone | 0.87 | ||
| Z″ Variant for non-manufacturing and asset-light companies (drops the sales/assets term, uses book equity) | Distress zone | −0.90 | ||
How the Altman Z-score works
Z = 1.2 × working capital ÷ total assets + 1.4 × retained earnings ÷ total assets + 3.3 × EBIT ÷ total assets + 0.6 × market value of equity ÷ total liabilities + 1.0 × revenue ÷ total assets (Altman, 1968). The market value of equity is the close on the last trading day of the fiscal year times weighted basic shares.
Z″ = 6.56 × working capital ÷ total assets + 3.26 × retained earnings ÷ total assets + 6.72 × EBIT ÷ total assets + 1.05 × book equity ÷ total liabilities (Altman, Hartzell and Peck, 1995), the variant for non-manufacturing and asset-light companies.
| Zone | Z | Z″ |
|---|---|---|
| Safe zone | above 2.99 | above 2.60 |
| Grey zone | 1.81–2.99 | 1.10–2.60 |
| Distress zone | below 1.81 | below 1.10 |
Not worked out for banks, insurers and REITs, whose balance sheets the model does not describe, nor when a figure is missing or there is no share price in the week to the fiscal year end.
Altman Z-score against peers
| Company | Altman Z-score |
|---|---|
| MNDO MIND C.T.I. Ltd. compare | 3.2× |
| IPM Intelligent Protection Management Corp. | 0.9× |
| YAAS Youxin Technology Ltd compare | −1.8× |
| IDAI T Stamp Inc. compare | −6.9× |
| AHI Advanced Human Imaging Limited Sponsored ADR compare | −13.3× |
| AIFF Firefly Neuroscience, Inc. compare | −15.1× |
| YMT Yimutian Inc. - Sponsored ADR compare | −15.4× |
| SMSI Smith Micro Software, Inc. compare | — |
| RPGL Republic Power Group Limited compare | — |
What Altman Z-score is
The Altman Z-Score weighs working capital, retained earnings, operating profit, market value and sales against assets and debts to gauge the risk of distress.
1.2 × working capital ÷ total assets + 1.4 × retained earnings ÷ total assets + 3.3 × EBIT ÷ total assets + 0.6 × market value of equity ÷ total liabilities + 1.0 × revenue ÷ total assets