Icanic Brands Company Inc

Company Profile

Icanic Brands Company Inc had its IPO on under the ticker symbol ICNAF.

The company operates in the Healthcare sector and Drug Manufacturers-Specialty & Generic industry. Icanic Brands Company Inc has a staff strength of 0 employees.

Stock update

Shares of Icanic Brands Company Inc opened at $0.04 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $0.04 - $0.04, and closed at $0.04.

This is a -9.93% slip from the previous day's closing price.

A total volume of 19,365 shares were traded at the close of the day’s session.

In the last one week, shares of Icanic Brands Company Inc have slipped by -22%.

Icanic Brands Company Inc's Key Ratios

Icanic Brands Company Inc has a market cap of $56.28 million, indicating a price to book ratio of 1.5236 and a price to sales ratio of 6.1989.

In the last 12-months Icanic Brands Company Inc’s revenue was $9.33 million with a gross profit of $2.69 million and an EBITDA of $-1317280. The EBITDA ratio measures Icanic Brands Company Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Icanic Brands Company Inc’s operating margin was -54.95% while its return on assets stood at -5.04% with a return of equity of -13.3%.

In Q2.3333333333333, Icanic Brands Company Inc’s quarterly earnings growth was a negative -95.1% while revenue growth was a positive 14.3%.

Icanic Brands Company Inc’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

Its diluted EPS in the last 12-months stands at $-0.023 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Icanic Brands Company Inc’s profitability.

Icanic Brands Company Inc stock is trading at a EV to sales ratio of 8.6359 and a EV to EBITDA ratio of -19.5608. Its price to sales ratio in the trailing 12-months stood at 6.1989.

Icanic Brands Company Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$73.67 million

Total Liabilities

$15.27 million

Operating Cash Flow

$-759368.00

Capital Expenditure

$214129

Dividend Payout Ratio

0%

Icanic Brands Company Inc ended 2024 with $73.67 million in total assets and $0 in total liabilities. Its intangible assets were valued at $73.67 million while shareholder equity stood at $40.30 million.

Icanic Brands Company Inc ended 2024 with $0 in deferred long-term liabilities, $15.27 million in other current liabilities, 59228.00 in common stock, $-40721848.00 in retained earnings and $8.22 million in goodwill. Its cash balance stood at $4.50 million and cash and short-term investments were $0. The company’s total short-term debt was $0 while long-term debt stood at $6.14 million.

Icanic Brands Company Inc’s total current assets stands at $35.56 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $5.80 million compared to accounts payable of $2.56 million and inventory worth $3.09 million.

In 2024, Icanic Brands Company Inc's operating cash flow was $-759368.00 while its capital expenditure stood at $214129.

Comparatively, Icanic Brands Company Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$0.04

52-Week High

$0.083

52-Week Low

$0.034

Analyst Target Price

$

Icanic Brands Company Inc stock is currently trading at $0.04 per share. It touched a 52-week high of $0.083 and a 52-week low of $0.083. Analysts tracking the stock have a 12-month average target price of $.

Its 50-day moving average was $0.05 and 200-day moving average was $0.06 The short ratio stood at 0 indicating a short percent outstanding of 0%.

Around 1921.3% of the company’s stock are held by insiders while 0% are held by institutions.