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Side-by-side financial comparison of INTELLIGENT PROTECTION MANAGEMENT CORP. (IPM) and AIRWA INC. (YYAI). 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 $3.0M, roughly 2.0× AIRWA INC.). On growth, INTELLIGENT PROTECTION MANAGEMENT CORP. posted the faster year-over-year revenue change (2091.6% vs 729.8%). Over the past eight quarters, INTELLIGENT PROTECTION MANAGEMENT CORP.'s revenue compounded faster (54.7% CAGR vs 14.3%).

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.

Flying W Airways (FWA) was a briefly high-profile publicly-traded company of the late 1960s/early 1970s, which originated in 1961 when its founders opened Flying W Airport in New Jersey as a fly-in resort. FWA became a bet on Alaskan oil and at its peak in 1969 attracted investment by the Matlack family, had two Hollywood actors on its board and bought Red Dodge Aviation (RDA) of Alaska, for which it acquired Lockheed L-100 Hercules aircraft, to take advantage of forthcoming Alaska pipeline c...

IPM vs YYAI — Head-to-Head

Bigger by revenue
IPM
IPM
2.0× larger
IPM
$6.1M
$3.0M
YYAI
Growing faster (revenue YoY)
IPM
IPM
+1361.8% gap
IPM
2091.6%
729.8%
YYAI
Faster 2-yr revenue CAGR
IPM
IPM
Annualised
IPM
54.7%
14.3%
YYAI

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
IPM
IPM
YYAI
YYAI
Revenue
$6.1M
$3.0M
Net Profit
$-221.8K
Gross Margin
53.1%
75.2%
Operating Margin
-13.4%
1.8%
Net Margin
-7.4%
Revenue YoY
2091.6%
729.8%
Net Profit YoY
83.8%
EPS (diluted)
$-0.05
$-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.

Revenue
IPM
IPM
YYAI
YYAI
Q4 25
$6.1M
$3.0M
Q3 25
$6.2M
$3.0M
Q2 25
$5.7M
$3.0M
Q1 25
$5.5M
$3.3M
Q4 24
$3.3M
Q3 24
$3.3M
Q2 24
$-701.1K
Q4 23
$-7.3M
$2.3M
Net Profit
IPM
IPM
YYAI
YYAI
Q4 25
$-221.8K
Q3 25
$-1.1M
$1.3M
Q2 25
$-1.1M
$552.2K
Q1 25
$808.5K
$-411.2K
Q4 24
$-1.4M
Q3 24
$-4.2M
Q2 24
Q4 23
$1.8M
Gross Margin
IPM
IPM
YYAI
YYAI
Q4 25
53.1%
75.2%
Q3 25
50.7%
75.2%
Q2 25
50.1%
75.2%
Q1 25
55.3%
77.3%
Q4 24
77.3%
Q3 24
77.3%
Q2 24
Q4 23
28.2%
Operating Margin
IPM
IPM
YYAI
YYAI
Q4 25
-13.4%
1.8%
Q3 25
-23.0%
49.7%
Q2 25
-19.7%
42.7%
Q1 25
-24.2%
16.2%
Q4 24
71.2%
Q3 24
74.6%
Q2 24
Q4 23
-55.5%
Net Margin
IPM
IPM
YYAI
YYAI
Q4 25
-7.4%
Q3 25
-17.4%
42.0%
Q2 25
-18.3%
18.4%
Q1 25
14.7%
-12.6%
Q4 24
-41.7%
Q3 24
-129.0%
Q2 24
Q4 23
76.8%
EPS (diluted)
IPM
IPM
YYAI
YYAI
Q4 25
$-0.05
$-0.05
Q3 25
$-0.08
Q2 25
$-0.08
Q1 25
$0.06
$-1.41
Q4 24
$6.43
Q3 24
$-1.91
Q2 24
$-30.98
Q4 23
$-0.03
$0.42

Balance Sheet & Financial Strength

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

Metric
IPM
IPM
YYAI
YYAI
Cash + ST InvestmentsLiquidity on hand
$5.6M
$107.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$18.2M
$165.4M
Total Assets
$26.0M
$172.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IPM
IPM
YYAI
YYAI
Q4 25
$5.6M
$107.0M
Q3 25
$7.3M
$2.5M
Q2 25
$7.3M
$1.4M
Q1 25
$9.7M
$4.3M
Q4 24
$18.1M
Q3 24
$18.2M
Q2 24
$1.8M
Q4 23
$13.6M
$285.9K
Stockholders' Equity
IPM
IPM
YYAI
YYAI
Q4 25
$18.2M
$165.4M
Q3 25
$18.8M
$26.2M
Q2 25
$19.9M
$25.3M
Q1 25
$21.1M
$26.1M
Q4 24
$8.0M
Q3 24
$9.4M
Q2 24
$9.6M
Q4 23
$20.1M
$-14.4M
Total Assets
IPM
IPM
YYAI
YYAI
Q4 25
$26.0M
$172.1M
Q3 25
$27.2M
$34.7M
Q2 25
$29.8M
$32.9M
Q1 25
$31.1M
$30.7M
Q4 24
$21.6M
Q3 24
$23.2M
Q2 24
$23.2M
Q4 23
$23.9M
$5.5M

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
YYAI
YYAI
Operating Cash FlowLast quarter
$87.6K
$-30.8M
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
YYAI
YYAI
Q4 25
$87.6K
$-30.8M
Q3 25
$133.0K
$-1.1M
Q2 25
$-888.7K
$-423.7K
Q1 25
$1.7M
$-133.8K
Q4 24
$779.4K
Q3 24
$-601.3K
Q2 24
$-460.3K
Q4 23
$-99.0K
$-915.3K
Capex Intensity
IPM
IPM
YYAI
YYAI
Q4 25
Q3 25
0.0%
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q4 23
Cash Conversion
IPM
IPM
YYAI
YYAI
Q4 25
Q3 25
-0.86×
Q2 25
-0.77×
Q1 25
2.16×
Q4 24
Q3 24
Q2 24
Q4 23
-0.52×

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%

YYAI
YYAI

Segment breakdown not available.

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