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Side-by-side financial comparison of INTELLIGENT PROTECTION MANAGEMENT CORP. (IPM) and Mega Matrix Inc (MPU). Click either name above to swap in a different company.

INTELLIGENT PROTECTION MANAGEMENT CORP. is the larger business by last-quarter revenue ($6.1M vs $6.1M, roughly 1.0× Mega Matrix Inc). On growth, INTELLIGENT PROTECTION MANAGEMENT CORP. posted the faster year-over-year revenue change (2091.6% vs -40.9%).

Intelligent Limited is a Holding Company and Parent company headquartered in Gloucestershire, United Kingdom and was incorporated on 21 May 2008. Intelligent Limited provides a group management structure for four companies and was born out of the operations of International Intelligence Limited, a company specialising in Intelligence, Counter Espionage and TSCM sweeping.

IPM vs MPU — Head-to-Head

Bigger by revenue
IPM
IPM
1.0× larger
IPM
$6.1M
$6.1M
MPU
Growing faster (revenue YoY)
IPM
IPM
+2132.5% gap
IPM
2091.6%
-40.9%
MPU

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
IPM
IPM
MPU
MPU
Revenue
$6.1M
$6.1M
Net Profit
$-10.8M
Gross Margin
53.1%
47.7%
Operating Margin
-13.4%
-156.3%
Net Margin
-177.4%
Revenue YoY
2091.6%
-40.9%
Net Profit YoY
-291.1%
EPS (diluted)
$-0.05
$-0.21

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
IPM
IPM
MPU
MPU
Q4 25
$6.1M
Q3 25
$6.2M
$6.1M
Q2 25
$5.7M
$7.1M
Q1 25
$5.5M
$7.7M
Q3 24
$10.3M
Q4 23
$-7.3M
Q3 23
$2.8M
Q2 23
$3.0M
Net Profit
IPM
IPM
MPU
MPU
Q4 25
Q3 25
$-1.1M
$-10.8M
Q2 25
$-1.1M
$-1.5M
Q1 25
$808.5K
$-2.5M
Q3 24
$-2.8M
Q4 23
Q3 23
$-181.6K
Q2 23
$135.6K
Gross Margin
IPM
IPM
MPU
MPU
Q4 25
53.1%
Q3 25
50.7%
47.7%
Q2 25
50.1%
58.5%
Q1 25
55.3%
55.8%
Q3 24
58.5%
Q4 23
Q3 23
70.1%
Q2 23
73.8%
Operating Margin
IPM
IPM
MPU
MPU
Q4 25
-13.4%
Q3 25
-23.0%
-156.3%
Q2 25
-19.7%
-21.6%
Q1 25
-24.2%
-32.8%
Q3 24
-26.0%
Q4 23
Q3 23
-14.1%
Q2 23
-9.4%
Net Margin
IPM
IPM
MPU
MPU
Q4 25
Q3 25
-17.4%
-177.4%
Q2 25
-18.3%
-20.7%
Q1 25
14.7%
-32.0%
Q3 24
-26.8%
Q4 23
Q3 23
-6.6%
Q2 23
4.6%
EPS (diluted)
IPM
IPM
MPU
MPU
Q4 25
$-0.05
Q3 25
$-0.08
$-0.21
Q2 25
$-0.08
$-0.04
Q1 25
$0.06
$-0.07
Q3 24
$-0.08
Q4 23
$-0.03
Q3 23
$-0.02
Q2 23
$0.01

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
IPM
IPM
MPU
MPU
Cash + ST InvestmentsLiquidity on hand
$5.6M
$9.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$18.2M
$37.4M
Total Assets
$26.0M
$42.7M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IPM
IPM
MPU
MPU
Q4 25
$5.6M
Q3 25
$7.3M
$9.8M
Q2 25
$7.3M
$4.0M
Q1 25
$9.7M
$6.8M
Q3 24
$9.9M
Q4 23
$13.6M
Q3 23
$13.7M
Q2 23
$13.7M
Stockholders' Equity
IPM
IPM
MPU
MPU
Q4 25
$18.2M
Q3 25
$18.8M
$37.4M
Q2 25
$19.9M
$10.9M
Q1 25
$21.1M
$11.9M
Q3 24
$15.8M
Q4 23
$20.1M
Q3 23
$20.4M
Q2 23
$20.5M
Total Assets
IPM
IPM
MPU
MPU
Q4 25
$26.0M
Q3 25
$27.2M
$42.7M
Q2 25
$29.8M
$16.6M
Q1 25
$31.1M
$17.3M
Q3 24
$22.4M
Q4 23
$23.9M
Q3 23
$24.1M
Q2 23
$24.4M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
IPM
IPM
MPU
MPU
Operating Cash FlowLast quarter
$87.6K
$-3.5M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IPM
IPM
MPU
MPU
Q4 25
$87.6K
Q3 25
$133.0K
$-3.5M
Q2 25
$-888.7K
$-1.8M
Q1 25
$1.7M
$-2.2M
Q3 24
Q4 23
$-99.0K
Q3 23
$16.1K
Q2 23
$-193.8K
Capex Intensity
IPM
IPM
MPU
MPU
Q4 25
Q3 25
0.0%
Q2 25
Q1 25
Q3 24
Q4 23
Q3 23
Q2 23
Cash Conversion
IPM
IPM
MPU
MPU
Q4 25
Q3 25
Q2 25
Q1 25
2.16×
Q3 24
Q4 23
Q3 23
Q2 23
-1.43×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

IPM
IPM

Procurement Revenue$5.4M88%
Other$743.9K12%

MPU
MPU

Segment breakdown not available.

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