Intelligent Protection Management Corp. (Nasdaq: IPM), a managed technology solutions provider specializing in enterprise cybersecurity and cloud infrastructure, announced its financial results for the second quarter of 2025. The company reported a total revenue of $5.72 million for Q2 2025, marking a 4% increase compared to the previous quarter. For the first half of 2025, total revenue amounted to $11.2 million. Net loss for the second quarter of 2025 increased to $1.1 million, a 230% rise from the net income of $0.8 million reported in Q1 2025. Adjusted EBITDA for Q2 2025 showed a 22% improvement, reaching negative $0.4 million compared to negative $0.5 million in the first quarter. Professional services revenue was $0.7 million for Q2 2025, while subscription revenue totaled $0.3 million during the same period. The company recorded a net loss from continuing operations of $1.1 million for the three months ended June 30, 2025, compared to a net loss of $1.3 million for the same period in 2024. For the first six months of 2025, the net loss from continuing operations was $0.2 million, a reduction from the $1.5 million net loss reported for the corresponding period in 2024. This reduction was attributed to an income tax benefit of approximately $2.1 million recorded during the first quarter in connection with recent transactions. The company also reported having cash and equivalents of $8.3 million, including $1.0 million in restricted cash, with no long-term debt. Following the acquisition of Newtek Technology Solutions on January 2, 2025, and its successful rebranding to Intelligent Protection Management, the company has focused on strengthening its sales, marketing, accounting, and human capital to be poised for future growth.
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