IP STRATEGY HOLDINGS, INC.
IPSTNasdaq
$2.52
↑ +0.8%Jul 17 close · end-of-day
Price
1Y↓ -98.7%
End-of-day closes; the latest point is the live 15-min-delayed price · split & dividend adjusted · chart by TradingView
Key statistics
Market Cap
$1.3M
Enterprise Value
$3.8M
P/E
—
P/S
0.1
P/B
0.0
EV/EBITDA
—
PEG
—
FCF Yield
-1264.1%
Dividend Yield
—
Revenue (TTM)
$10.7M
Net Income (TTM)
-$201.4M
Free Cash Flow (TTM)
-$15.8M
Gross Margin
60.1%
Operating Margin
-1842.6%
Net Margin
-1875.6%
ROE
-621.4%
ROIC
-446.9%
Debt / Equity
0.1
Net Cash
-$2.6M
Return 1Y
-98.5%
Company profile
We are a craft distillery producing, marketing, and selling a diverse line of award-winning craft spirits, including whiskeys, vodkas, gins, rums, and “ready-to-drink” canned cocktails. Heritage Distilling Company, Inc. (“HDC”) was incorporated in the State of Washington.
- CEO
- Justin Stiefel
- Sector
- Manufacturing
- Industry
- Beer & Liquor
- Headquarters
- Washington
- Website
- heritagedistilling.com
Management & directors
- Marker Beth ASVP of Retail Operations
- Perkins Danielle BSVP of Wholesale Operations
- Carrosino MichaelEVP of Finance & CFO
- Stiefel Jennifer D HPresident & Secretary
- Stiefel Justin BCEO & Treasurer
Roles derived from SEC Form 4 filings.
Earnings
IPST Q1 2026 Earnings
Period ends 2026-03-31
MetricActualYoY
Revenue$1.7M↑ +56.8%
Diluted EPS-$134.70↓ -0.5%
Actuals from SEC filings; YoY vs the year-ago quarter. Analyst estimates & surprise require a data feed (coming soon).
Financial statements
| Line item | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| Revenue | $8.0M | $8.4M | $10.1M |
| Gross profit | $2.2M | $2.1M | $5.6M |
| Operating income | -$11.3M | -$14.9M | -$133.9M |
| Net income | -$36.8M | $710,458.00 | -$137.7M |
| Diluted EPS | -$96.45 | -$39.46 | -$16.03 |
| Operating cash flow | -$8.5M | -$11.2M | -$15.3M |
| Free cash flow | -$8.5M | -$11.3M | -$15.4M |
| Gross margin | 27.0% | 25.3% | 54.9% |
| Operating margin | -141.3% | -177.6% | -1323.6% |
| Net margin | -461.6% | 8.5% | -1360.9% |
| Line item | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.8M | $1.8M | $3.1M | $1.1M | $1.3M | $3.0M | $4.7M | $1.7M |
| Gross profit | $747,797.00 | $629,743.00 | $339,770.00 | $271,885.00 | $227,088.00 | $1.8M | $3.2M | $1.2M |
| Operating income | -$2.3M | -$2.1M | -$8.3M | -$2.5M | -$6.6M | -$1.1M | -$123.7M | -$66.4M |
| Net income | $8.4M | -$3.4M | -$4.7M | -$3.0M | -$7.3M | $196.3M | -$323.7M | -$66.7M |
| Diluted EPS | $1.29 | -$160.41 | $119.53 | -$135.34 | -$0.77 | $16.97 | $103.11 | -$134.70 |
| Operating cash flow | -$2.7M | -$845,274.00 | -$5.0M | -$2.0M | -$1.5M | -$4.3M | -$7.5M | -$2.5M |
| Free cash flow | -$3.0M | -$1.1M | -$5.1M | -$2.0M | -$1.5M | -$4.3M | -$7.5M | -$2.5M |
| Gross margin | 40.6% | 35.8% | 11.0% | 24.9% | 17.2% | 61.3% | 68.5% | 68.3% |
| Operating margin | -124.7% | -118.1% | -268.8% | -224.5% | -503.0% | -38.4% | -2622.6% | -3877.6% |
| Net margin | 456.3% | -194.9% | -152.5% | -277.8% | -551.9% | 6566.2% | -6862.0% | -3898.1% |
Company news
Aug 28, 2025
Apr 29, 2025
Analyst estimates
Coming soonConsensus revenue & EPS estimates and price targets will appear here once a forward-estimates data feed is connected.
Insider transactions
BoughtSoldMonthly insider $ volume · trailing 12 months
| Date | Insider | Type | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| 2026-07-02 | Perkins Danielle B· SVP of Wholesale Operations | Tax withholding | 39 | $2.48 | $96.72 | filing |
| 2026-07-02 | Marker Beth A· SVP of Retail Operations | Tax withholding | 28 | $2.48 | $69.44 | filing |
| 2026-07-02 | Perkins Danielle B· SVP of Wholesale Operations | Option exercise | 94 | — | — | filing |
| 2026-07-02 | Marker Beth A· SVP of Retail Operations | Option exercise | 94 | — | — | filing |
| 2026-05-02 | Stiefel Justin B· CEO & Treasurer | Tax withholding | 433 | $5.50 | $2,381.50 | filing |
| 2026-05-02 | Stiefel Jennifer D H· President & Secretary | Tax withholding | 433 | $5.50 | $2,381.50 | filing |
| 2026-05-02 | CARROSINO MICHAEL· EVP of Finance & CFO | Tax withholding | 330 | $5.50 | $1,815.00 | filing |
| 2026-05-02 | Stiefel Jennifer D H· President & Secretary | Tax withholding | 62 | $5.50 | $341.00 | filing |
| 2026-05-02 | Stiefel Justin B· CEO & Treasurer | Tax withholding | 62 | $5.50 | $341.00 | filing |
| 2026-05-02 | CARROSINO MICHAEL· EVP of Finance & CFO | Tax withholding | 38 | $5.50 | $209.00 | filing |
| 2026-05-02 | Stiefel Jennifer D H· President & Secretary | Option exercise | 1,458 | — | — | filing |
| 2026-05-02 | CARROSINO MICHAEL· EVP of Finance & CFO | Option exercise | 125 | — | — | filing |
| 2026-05-02 | CARROSINO MICHAEL· EVP of Finance & CFO | Option exercise | 1,111 | — | — | filing |
| 2026-05-02 | Stiefel Jennifer D H· President & Secretary | Option exercise | 208 | — | — | filing |
| 2026-05-02 | Stiefel Justin B· CEO & Treasurer | Option exercise | 1,458 | — | — | filing |
| 2026-05-02 | Stiefel Justin B· CEO & Treasurer | Option exercise | 208 | — | — | filing |
| 2026-04-02 | Perkins Danielle B· SVP of Wholesale Operations | Tax withholding | 773 | $0.24 | $188.61 | filing |
| 2026-04-02 | Marker Beth A· SVP of Retail Operations | Tax withholding | 556 | $0.24 | $135.66 | filing |
| 2026-04-02 | Perkins Danielle B· SVP of Wholesale Operations | Option exercise | 1,875 | — | — | filing |
| 2026-04-02 | Marker Beth A· SVP of Retail Operations | Option exercise | 1,875 | — | — | filing |
| 2026-02-02 | Stiefel Justin B· CEO & Treasurer | Tax withholding | 17,296 | $1.08 | $18,679.68 | filing |
| 2026-02-02 | Stiefel Jennifer D H· President & Secretary | Tax withholding | 17,296 | $1.08 | $18,679.68 | filing |
| 2026-02-02 | Stiefel Justin B· CEO & Treasurer | Tax withholding | 17,296 | $1.08 | $18,679.68 | filing |
| 2026-02-02 | CARROSINO MICHAEL· EVP of Finance & CFO | Tax withholding | 4,392 | $1.08 | $4,743.36 | filing |
| 2026-02-02 | Stiefel Justin B· CEO & Treasurer | Tax withholding | 2,471 | $1.08 | $2,668.68 | filing |
Showing the latest 25 transactions — full history in the linked SEC filings.
Fundamentals & filings from SEC EDGAR. Prices adjusted for splits & dividends. Not investment advice.