Stocktoria
IP STRATEGY HOLDINGS, INC. (IPST) earns a Piotroski F-score of 4/9 (mixed financial health), with an Altman Z″ in the distress zone. It does not currently pay a dividend. FY2025 revenue was $10.1M at a -1360.9% net margin.
Quality score trend · recomputed for each fiscal year
Each year's score is computed from that year's filing — a rising Piotroski F or Altman Z″ means improving financial health, a fall is worth a look.
How it ranks in Manufacturing · percentile among 1957 companies
Percentile vs other Manufacturing companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.
Piotroski F breakdown · 4/9 tests passed
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″ components · distress zone
| Component | Value |
|---|---|
| Working capital / assets | -0.056 |
| Retained earnings / assets | -1.948 |
| EBIT / assets | -1.232 |
| Equity / liabilities | 9.317 |
Sector peers · similar-size Manufacturing companies compare side by side →
| Ticker | Company | Piotroski F | Altman Z″ | P / E | Revenue growth |
|---|---|---|---|---|---|
| IPST | IP STRATEGY HOLDINGS, INC. | 4/9 | -5.21 | — | — |
| BUDA | BUDA JUICE, INC. | 3/9 | 12.1 | 32.1 | +11.8% |
| SRXH | SRX Global Inc. | 3/9 | -14.39 | — | -81.3% |
| IBG | Innovation Beverage Group Ltd | 3/9 | -8.53 | — | — |
| YHC | LQR House Inc. | 3/9 | 9.64 | — | — |
| ASII | Accredited Solutions, Inc. | 3/9 | — | — | — |
| JSDA | JONES SODA CO. | 3/9 | — | — | +42.2% |
About IP STRATEGY HOLDINGS, INC.
IP Strategy Holdings, Inc. operates as a diversified business centered on digital assetbased infrastructure and intellectual property (IP) management, supplemented by a legacy craft spirit. The company operates through Crypto and Related Business and Spirits Business segments. The company's treasury reserve of IP tokens provides direct participation in the Story blockchain ecosystem, which enables on-chain registration, licensing, and monetization of intellectual property. The company was formerly known as Heritage Distilling Holding Company, Inc. and change its name to IP Strategy Holdings, Inc. in February 2026. The company was founded in 2011 and is based in Gig Harbor, Washington.
FAQ
Is IPST financially healthy?
IP STRATEGY HOLDINGS, INC.'s Piotroski F-score is 4/9 (8–9 is excellent, 0–3 weak), and its Altman Z″ distress score is in the distress zone.
Does IPST pay a dividend?
No, IP STRATEGY HOLDINGS, INC. does not currently pay a dividend.
How profitable is IPST?
In FY2025, IP STRATEGY HOLDINGS, INC. had a net margin of -1360.9% and a return on equity of -140.2%.
Is IPST a good stock to buy?
Stocktoria doesn't give buy or sell advice, but here is the data on IP STRATEGY HOLDINGS, INC.: a Piotroski F-score of 4/9, an Altman Z″ in the distress zone. Weigh these quality and valuation signals against your own goals.
Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.