Intelligent Protection Management Corp.
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Range $6 – $6
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About the company
Intelligent Protection Management Corp. provides information technology and cloud-based solutions and services in the United States. The company offers managed IT security services, including proactive monitoring, regular system maintenance, cybersecurity management, data backup, disaster recovery, and help desk support; secure private cloud hosting; and managed backup and disaster recovery.
- CEO
- Jason Katz
- IPO
- 2006
- Employees
- 53
- HQ
- Jericho, NY, US
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Similar companies
Peers in the same neighborhood.
- Market Cap
- $16.94M
- P/E
- -2.37
- Fwd P/E
- 20.83
- PEG
- 0.03
- P/S
- 0.67
- P/B
- 0.46
- EV/EBITDA
- -7.24
- Div Yield
- 0.00%
- Gross Margin
- 46.49%
- Op Margin
- -16.82%
- Net Margin
- -14.80%
- ROE
- -21.12%
- ROIC
- -18.37%
Latest fiscal year · YoY change
- Revenue
- $23.61M+2049.9%
- Gross Profit
- $12.34M+1377.1%
- Op Income
- $-4,001,399
- Net Income
- $-1,956,536+76.8%
- EPS
- $-0.49+46.2%
- OCF Growth
- +135.7%
- FCF Growth
- +126.4%
- 52W High
- $2.88
- 52W Low
- $1.46
- 50D MA
- $1.80
- 200D MA
- $1.80
- Beta
- 0.46
- RSI (14)
- 53
- Avg Volume
- 21.32K
Earnings call summaries
Pick a quarter — each call distilled into takeaways, results, and a bull vs bear read.
IPM posted 13% quarterly revenue growth to $6.5 million, but supply-chain delays and an unusually weak large order pressured margins and kept the company in a net loss.· August 11, 2026
- Q2 revenue rose nearly 13% to $6.5 million; first-half revenue increased 14% to $12.8 million.
- Managed IT revenue grew 8.4% to $3.8 million, and procurement revenue surged 64% to $2 million, helped by AI-related equipment sales.
- A supply-chain bottleneck delayed revenue recognition and hurt margins on one large customer order, contributing to a $1.4 million net loss and negative $600 thousand adjusted EBITDA.
- Cash ended at $7.5 million with no long-term debt; deferred revenue increased to $4.5 million from $3.9 million at year-end 2025.
- Management reiterated a goal of positive adjusted EBITDA in Q4 and said the business remains positioned for recurring-services growth and acquisition opportunities.
For Q2 2026, total revenue increased approximately 13% to $6.5 million from $5.7 million a year ago; for the first half, revenue rose 14% to $12.8 million from $11.2 million. Q2 managed IT revenue was $3.8 million, up 8.4%; procurement revenue was $2 million, up 64%; professional services revenue was $363 thousand, down 47.3%; and subscription revenue was $249 thousand, down 10.5%. Net loss was $1.4 million versus a $1.1 million loss in Q2 2025, and adjusted EBITDA was negative $600 thousand versus negative $400 thousand. For the first half, net loss was $2 million versus $200 thousand, and adjusted EBITDA was negative $800 thousand versus negative $900 thousand. Cash used in operations was $600 thousand in Q2 and $800 thousand for the first half; cash and equivalents were $7.5 million at June 30 with no long-term debt. Deferred revenue was $4.5 million, up from $3.9 million at 12/31/2025. Management did not provide formal next-quarter revenue guidance, but reiterated its goal to be positive adjusted EBITDA in the fourth quarter.
Jason Katz framed the quarter as evidence that IPM is evolving into a higher-value enterprise infrastructure company centered on recurring managed services, cybersecurity, and cloud infrastructure. He said demand remained healthy, customer additions were robust, and the pipeline kept growing, while emphasizing that the quarter’s weakness came from temporary supply-chain disruption and an isolated margin hit on one large order. He also stressed that AI infrastructure, cloud migration, and cybersecurity are creating a strong long-term opportunity, and said IPM wants to use its balance sheet to invest organically and pursue acquisitions.
Kara Jenny said Q2 revenue growth was driven by both new customers and expanded services, plus higher procurement revenue tied to AI equipment sales. She cited $3.8 million of managed IT revenue, $2 million of procurement revenue, $363 thousand of professional services, and $249 thousand of subscription revenue, while noting supply constraints in memory, CPU, and GPU components delayed shipments and revenue recognition. She also highlighted the quarter’s $1.4 million net loss, negative $600 thousand adjusted EBITDA, $600 thousand of cash used in operations, $4.5 million of deferred revenue, and $7.5 million of cash with no long-term debt.
Analysts asked where customer growth was coming from, and management said it was leveraging existing customer relationships and case studies to win new accounts, with specific success in legal and finance and a pipeline in health care, energy, private equity, manufacturing, and retail. On the decline in related-party revenue from NewtekOne, management said that customer is reducing IT spend but remains only one part of the business. Questions on supply-chain constraints and professional services weakness drew the response that procurement is inherently uneven, services capacity is not constrained, and professional-services bookings remain strong, with timing issues expected to ease as summer ends.
The bull case is that IPM showed double-digit revenue growth even with supply-chain disruption, while recurring managed IT revenue and deferred revenue both increased. Management also described healthy demand, a growing pipeline, strong traction in regulated industries, and a Phoenix data-center footprint that supports private cloud and AI-related growth.
The bear case is that profitability remains under pressure: Q2 and first-half net losses widened, adjusted EBITDA stayed negative, and one large order was hit by higher component and freight costs. The business also faces customer concentration risk from NewtekOne, ongoing procurement volatility, and the fact that supply-chain delays pushed revenue into future quarters rather than eliminating the underlying execution risk.
AI summary of the company's earnings call · Paraphrased · Not investment advice
- Free Float
- 61.1%
- Shares Outstanding
- 9.04M
- Float Shares
- 5.52M
Buy/sell ratio 0.00. Sells can include pre-scheduled 10b5-1 plan sales, not just discretionary selling.
Held by 18 ETFs
Biggest fund positions in IPM by dollar value.
Recent insider transactions
Who's buying, who's selling, and how much.
| Date | Insider | Type | Shares |
|---|---|---|---|
| Apr 10, 26 | Adam Katz 2012 Revocable Trust | buy | 19,309 |
| Apr 9, 26 | Adam Katz 2012 Revocable Trust | buy | 2,200 |
| Apr 8, 26 | Adam Katz 2012 Revocable Trust | buy | 19,951 |
| Apr 7, 26 | Adam Katz 2012 Revocable Trust | buy | 21,512 |
| Apr 6, 26 | Adam Katz 2012 Revocable Trust | other | 0 |
| May 21, 26 | Katz Jason | buy | 10,000 |
| May 21, 26 | SLOANE BARRY | buy | 5,000 |
| May 19, 26 | Silberstein John | buy | 1,000 |
| May 15, 26 | Abada Yoram | buy | 1,000 |
| Mar 20, 26 | Rabsatt Sidney E. | other | 10,000 |
A “Sell” may be a pre-scheduled 10b5-1 plan sale rather than a discretionary decision — read insider selling with that in mind.
Our IPM coverage
Recent articles, reports, and earnings notes.
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Generate IPM report →Intelligent Protection Management Corp. (IPM) Q2 2026 Earnings Call Transcript
seekingalpha.com · Aug 11
Intelligent Protection Management Corp. Reports Second Quarter 2026 Financial Results
accessnewswire.com · Aug 11
Intelligent Protection Management Corp. to Report Second Quarter 2026 Financial Results on August 11, 2026
accessnewswire.com · Aug 4
Intelligent Protection Management Corp. to Participate in "Architecting Tomorrow: The AI Data Center Summit" Presented by Maxim Group LLC on Thursday, June 11th at 10:30 a.m. ET
accessnewswire.com · Jun 8
IPM to Participate in the Lytham Partners Spring 2026 Investor Conference on May 28, 2026
accessnewswire.com · May 21
Intelligent Protection Management Corp. Launches IPM Private Cloud AI Offering
accessnewswire.com · May 19
Intelligent Protection Management Corp. (IPM) Q1 2026 Earnings Call Transcript
seekingalpha.com · May 13
Intelligent Protection Management Corp. Reports First Quarter 2026 Financial Results
accessnewswire.com · May 12
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