vs
Side-by-side financial comparison of INTELLIGENT PROTECTION MANAGEMENT CORP. (IPM) and UPEXI, INC. (UPXI). Click either name above to swap in a different company.
UPEXI, INC. is the larger business by last-quarter revenue ($8.1M vs $6.1M, roughly 1.3× INTELLIGENT PROTECTION MANAGEMENT CORP.). On growth, INTELLIGENT PROTECTION MANAGEMENT CORP. posted the faster year-over-year revenue change (2091.6% vs 101.0%). Over the past eight quarters, INTELLIGENT PROTECTION MANAGEMENT CORP.'s revenue compounded faster (54.7% CAGR vs 24.2%).
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 UPXI — Head-to-Head
Income Statement — Q4 FY2025 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $6.1M | $8.1M |
| Net Profit | — | $-178.9M |
| Gross Margin | 53.1% | 83.3% |
| Operating Margin | -13.4% | -2177.9% |
| Net Margin | — | -2222.1% |
| Revenue YoY | 2091.6% | 101.0% |
| Net Profit YoY | — | -13649.6% |
| EPS (diluted) | $-0.05 | — |
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.
| Q4 25 | $6.1M | $8.1M | ||
| Q3 25 | $6.2M | $9.2M | ||
| Q2 25 | $5.7M | $4.3M | ||
| Q1 25 | $5.5M | $3.2M | ||
| Q4 24 | — | $4.0M | ||
| Q3 24 | — | $4.4M | ||
| Q2 24 | — | $5.0M | ||
| Q1 24 | — | $5.2M |
| Q4 25 | — | $-178.9M | ||
| Q3 25 | $-1.1M | $66.7M | ||
| Q2 25 | $-1.1M | $-6.9M | ||
| Q1 25 | $808.5K | $-3.8M | ||
| Q4 24 | — | $-1.3M | ||
| Q3 24 | — | $-1.6M | ||
| Q2 24 | — | $-15.7M | ||
| Q1 24 | — | $-4.1M |
| Q4 25 | 53.1% | 83.3% | ||
| Q3 25 | 50.7% | 89.6% | ||
| Q2 25 | 50.1% | 79.4% | ||
| Q1 25 | 55.3% | 49.3% | ||
| Q4 24 | — | 74.3% | ||
| Q3 24 | — | 67.3% | ||
| Q2 24 | — | 31.0% | ||
| Q1 24 | — | 24.3% |
| Q4 25 | -13.4% | -2177.9% | ||
| Q3 25 | -23.0% | — | ||
| Q2 25 | -19.7% | -151.7% | ||
| Q1 25 | -24.2% | -113.5% | ||
| Q4 24 | — | -26.8% | ||
| Q3 24 | — | -30.6% | ||
| Q2 24 | — | -265.2% | ||
| Q1 24 | — | -96.5% |
| Q4 25 | — | -2222.1% | ||
| Q3 25 | -17.4% | 722.4% | ||
| Q2 25 | -18.3% | -161.5% | ||
| Q1 25 | 14.7% | -121.2% | ||
| Q4 24 | — | -32.5% | ||
| Q3 24 | — | -37.3% | ||
| Q2 24 | — | -312.4% | ||
| Q1 24 | — | -78.9% |
| Q4 25 | $-0.05 | — | ||
| Q3 25 | $-0.08 | $0.76 | ||
| Q2 25 | $-0.08 | $0.83 | ||
| Q1 25 | $0.06 | $-2.87 | ||
| Q4 24 | — | $-1.24 | ||
| Q3 24 | — | $1.55 | ||
| Q2 24 | — | $-15.66 | ||
| Q1 24 | — | $-4.03 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $5.6M | — |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $18.2M | $48.7M |
| Total Assets | $26.0M | $271.1M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $5.6M | — | ||
| Q3 25 | $7.3M | — | ||
| Q2 25 | $7.3M | — | ||
| Q1 25 | $9.7M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $18.2M | $48.7M | ||
| Q3 25 | $18.8M | $210.8M | ||
| Q2 25 | $19.9M | $90.1M | ||
| Q1 25 | $21.1M | $1.9M | ||
| Q4 24 | — | $3.8M | ||
| Q3 24 | — | $5.0M | ||
| Q2 24 | — | $6.5M | ||
| Q1 24 | — | $22.1M |
| Q4 25 | $26.0M | $271.1M | ||
| Q3 25 | $27.2M | $419.7M | ||
| Q2 25 | $29.8M | $123.8M | ||
| Q1 25 | $31.1M | $15.1M | ||
| Q4 24 | — | $17.5M | ||
| Q3 24 | — | $18.6M | ||
| Q2 24 | — | $23.5M | ||
| Q1 24 | — | $56.5M |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $87.6K | $-2.7M |
| Free Cash FlowOCF − Capex | — | $-2.7M |
| FCF MarginFCF / Revenue | — | -33.5% |
| Capex IntensityCapex / Revenue | — | 0.2% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-22.1M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $87.6K | $-2.7M | ||
| Q3 25 | $133.0K | $-9.8M | ||
| Q2 25 | $-888.7K | $-8.4M | ||
| Q1 25 | $1.7M | $-778.7K | ||
| Q4 24 | — | $-1.4M | ||
| Q3 24 | — | $-2.0M | ||
| Q2 24 | — | $-101.4K | ||
| Q1 24 | — | $783.5K |
| Q4 25 | — | $-2.7M | ||
| Q3 25 | — | $-9.8M | ||
| Q2 25 | — | $-8.8M | ||
| Q1 25 | — | $-809.3K | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $-2.1M | ||
| Q2 24 | — | $-1.0M | ||
| Q1 24 | — | $600.9K |
| Q4 25 | — | -33.5% | ||
| Q3 25 | — | -106.0% | ||
| Q2 25 | — | -205.4% | ||
| Q1 25 | — | -25.6% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | -49.2% | ||
| Q2 24 | — | -20.5% | ||
| Q1 24 | — | 11.5% |
| Q4 25 | — | 0.2% | ||
| Q3 25 | 0.0% | 0.2% | ||
| Q2 25 | — | 9.0% | ||
| Q1 25 | — | 1.0% | ||
| Q4 24 | — | 0.0% | ||
| Q3 24 | — | 3.8% | ||
| Q2 24 | — | 18.5% | ||
| Q1 24 | — | 3.5% |
| Q4 25 | — | — | ||
| Q3 25 | — | -0.15× | ||
| Q2 25 | — | — | ||
| Q1 25 | 2.16× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
IPM
| Procurement Revenue | $5.4M | 88% |
| Other | $743.9K | 12% |
UPXI
Segment breakdown not available.
