Icad Financial Statements From 2010 to 2023

ICAD Stock  USD 1.29  0.01  0.77%   
Icad financial statements provide useful quarterly and yearly information to potential Icad Inc investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Icad financial statements helps investors assess Icad's valuation, profitability, and current liquidity needs.
There are over one hundred three available fundamental trends for Icad Inc, which can be analyzed over time and compared to other ratios. Please make sure to confirm all of Icad's regular performance against the performance from 2010 to 2023 to make sure the company is sustainable down the road.
Icad Enterprise Value is projected to increase significantly based on the last few years of reporting. The past year's Enterprise Value was at 24.96 Million. The current year's Market Capitalization is expected to grow to about 47.8 M, whereas Average Assets are forecasted to decline to about 51.9 M.
  
Check Icad financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Icad main balance sheet or income statement drivers, such as Direct Expenses of 7.9 M, Cost of Revenue of 8.1 M or Gross Profit of 20 M, as well as many exotic indicators such as Interest Coverage of 0.28, Long Term Debt to Equity of 0.21 or PPandE Turnover of 26.43. Icad financial statements analysis is a perfect complement when working with Icad Valuation or Volatility modules. It can also supplement Icad's financial leverage analysis and stock options assessment as well as various Icad Technical models . Check out the analysis of Icad Correlation against competitors.

Icad Revenues

28.09 Million

Icad Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Tax Liabilities5.7 KK6.4 K
Slightly volatile
Tax Assets103.8 K104.4 K114.3 K
Slightly volatile
Trade and Non Trade Receivables9.3 M8.9 M7.6 M
Slightly volatile
Property Plant and Equipment Net3.6 M4.4 M2.2 M
Slightly volatile
Trade and Non Trade Payables2.2 MMM
Pretty Stable
Liabilities Non Current5.3 M3.4 M9.5 M
Slightly volatile
Current Liabilities13.8 M13.5 M15.6 M
Pretty Stable
Total Liabilities19.1 M16.8 M25.1 M
Slightly volatile
Inventory4.6 M5.4 MM
Slightly volatile
Goodwill and Intangible Assets12.6 M8.8 M21 M
Slightly volatile
Shareholders Equity USD30.2 M34.9 M28.1 M
Very volatile
Shareholders Equity Attributable to Parent30.2 M34.9 M28.1 M
Very volatile
Deferred Revenue6.6 M6.8 M7.3 M
Slightly volatile
Total Debt USD3.5 M3.4 M9.4 M
Slightly volatile
Debt Non Current2.9 M2.8 M8.3 M
Slightly volatile
Debt Current597.3 K582 K2.3 M
Slightly volatile
Total Debt3.5 M3.4 M9.4 M
Slightly volatile
Cash and Equivalents USD21.8 M21.3 M18 M
Slightly volatile
Cash and Equivalents21.8 M21.3 M18 M
Slightly volatile
Assets Non Current16.1 M13.5 M23.6 M
Slightly volatile
Current Assets37.9 M38.2 M30 M
Slightly volatile
Total Assets49.2 M51.7 M53.2 M
Slightly volatile
Accounts Payable4.2 M4.9 M3.9 M
Slightly volatile
Receivables7.8 M8.9 M7.3 M
Slightly volatile
Inventories5.8 M5.4 M3.2 M
Slightly volatile

Icad Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Income Tax Expense(119.1 K)(116 K)26.5 K
Slightly volatile
Weighted Average Shares Diluted23.3 M25.2 M16.8 M
Slightly volatile
Weighted Average Shares23.3 M25.2 M16.8 M
Slightly volatile
Selling General and Administrative Expense24.9 M24.9 M20.2 M
Slightly volatile
Research and Development Expense9.5 M8.6 M8.5 M
Slightly volatile
Revenues USD28.1 M27.9 M31 M
Pretty Stable
Revenues28.1 M27.9 M31 M
Pretty Stable
Operating Income(15 M)(13.9 M)(9.6 M)
Slightly volatile
Operating Expenses36.6 M33.7 M31.9 M
Pretty Stable
Interest Expense10.3 K10 K1.4 M
Slightly volatile
Gross Profit20 M19.8 M22.1 M
Very volatile
Earning Before Interest and Taxes USD(14.8 M)(13.8 M)(11 M)
Slightly volatile
Earning Before Interest and Taxes EBIT(14.8 M)(13.8 M)(11 M)
Slightly volatile
Cost of Revenue8.1 M8.1 M8.9 M
Pretty Stable
Direct Expenses7.9 M8.1 M8.6 M
Very volatile

Icad Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Share Based CompensationM1.7 M1.8 M
Slightly volatile
Net Cash Flow from Operations(13.1 M)(12.8 M)(5.6 M)
Slightly volatile
Net Cash Flow from Investing(576.2 K)(534 K)(787.4 K)
Pretty Stable
Net Cash Flow from Financing364.3 K355 KM
Pretty Stable
Issuance Repayment of Debt Securities (6.8 M)(6.6 M)936 K
Slightly volatile
Issuance Purchase of Equity Shares364.3 K355 K14.1 M
Slightly volatile
Net Cash Flow Business Acquisitions and Disposals3.5 M3.3 M139.1 K
Slightly volatile
Net Cash Flow or Change in Cash and Cash Equivalents(13.3 M)(13 M)1.6 M
Slightly volatile
Depreciation Amortization and Accretion1.5 M1.2 MM
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Tangible Assets Book Value per Share1.721.7011.9707
Slightly volatile
Sales per Share1.421.1092.0368
Slightly volatile
Return on Sales(0.53)(0.492)(0.3591)
Slightly volatile
Return on Invested Capital(1.5)(1.394)(4.2259)
Very volatile
Price to Sales Ratio1.691.653.1156
Slightly volatile
Price to Book Value1.371.3345.5449
Pretty Stable
Gross Margin0.780.7090.718
Slightly volatile
Free Cash Flow per Share(0.54)(0.528)(0.3481)
Pretty Stable
Enterprise Value over EBITDA(2.15)(1.992)(12.307)
Pretty Stable
Enterprise Value over EBIT(2.16)(2.0)(3.6541)
Very volatile
EBITDA Margin(0.48)(0.449)(0.295)
Slightly volatile
Debt to Equity Ratio0.50.4811.5004
Very volatile
Current Ratio2.632.8431.9419
Slightly volatile
Book Value per Share1.451.3851.8164
Slightly volatile
Asset Turnover0.660.570.6151
Slightly volatile
Total Assets Per Share2.12.04693.6366
Slightly volatile
Cash Flow Per Share(0.55)(0.5063)(0.3187)
Pretty Stable
Return on Investment(36.92)(34.2181)(32.7506)
Pretty Stable
Operating Margin(53.78)(49.8497)(32.6724)
Slightly volatile
Receivables Turnover4.353.14174.6307
Slightly volatile
Inventory Turnover2.581.63912.9424
Pretty Stable
PPandE Turnover26.4328.572627.0046
Slightly volatile
Cash and Equivalents Turnover1.031.00532.0085
Slightly volatile
Accounts Payable Turnover7.85.32118.5686
Slightly volatile
Accrued Expenses Turnover10.612.2249.9371
Pretty Stable
Interest Coverage0.280.280.3083
Slightly volatile
Long Term Debt to Equity0.210.210.5635
Pretty Stable
Quick Ratio1.331.67681.0796
Slightly volatile
Net Current Assets as percentage of Total Assets51.7347.943126.4422
Slightly volatile
Revenue to Assets0.540.54050.603
Pretty Stable

Icad Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Working Capital21.6 M24.8 M14.2 M
Slightly volatile
Tangible Asset Value41.8 M42.9 M32.5 M
Slightly volatile
Market Capitalization47.8 M46.6 M100.6 M
Pretty Stable
Invested Capital Average9.8 M9.9 M8.5 M
Very volatile
Invested Capital10.7 M11.5 M8.4 M
Pretty Stable
Free Cash Flow(13.7 M)(13.3 M)(6.2 M)
Slightly volatile
Enterprise Value25.6 M25 M91.3 M
Pretty Stable
Average Equity33.5 M39.3 M30.6 M
Very volatile
Earnings Before Interest Taxes and Depreciation Amortization USD(13.5 M)(12.5 M)(9 M)
Slightly volatile
Earnings Before Interest Taxes and Depreciation Amortization EBITDA(13.5 M)(12.5 M)(9 M)
Slightly volatile
Average Assets51.9 M56.1 M54.2 M
Slightly volatile
Revenue Per Employee287.8 K256.4 K265.8 K
Very volatile

Icad Fundamental Market Drivers

Cash And Short Term Investments21.3 M

Icad Upcoming Events

9th of August 2023
Upcoming Quarterly Report
View
9th of November 2023
Next Financial Report
View
30th of June 2023
Next Fiscal Quarter End
View
26th of March 2024
Next Fiscal Year End
View
31st of March 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Icad Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Icad income statement, its balance sheet, and the statement of cash flows. Icad investors use historical funamental indicators, such as Icad's revenue or net income, to determine how well the company is positioned to perform in the future. Although Icad investors may use each financial statement separately, they are all related. The changes in Icad's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Icad's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Icad Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Icad. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2023
Deferred Revenue6.8 M6.6 M
Cost of Revenue8.1 M8.1 M
Revenues27.9 M28.1 M
Revenue to Assets 0.54  0.54 
Revenue Per Employee256.4 K287.8 K

Icad Investors Sentiment

The influence of Icad's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Icad. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Icad's public news can be used to forecast risks associated with an investment in Icad. The trend in average sentiment can be used to explain how an investor holding Icad can time the market purely based on public headlines and social activities around Icad Inc. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Icad's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Icad's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Icad's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Icad.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Icad in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Icad's short interest history, or implied volatility extrapolated from Icad options trading.

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Icad Inc using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

Build Optimal Portfolios

Align your risk with return expectations

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Check out the analysis of Icad Correlation against competitors. Note that the Icad Inc information on this page should be used as a complementary analysis to other Icad's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

Complementary Tools for Icad Stock analysis

When running Icad's price analysis, check to measure Icad's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Icad is operating at the current time. Most of Icad's value examination focuses on studying past and present price action to predict the probability of Icad's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Icad's price. Additionally, you may evaluate how the addition of Icad to your portfolios can decrease your overall portfolio volatility.
Money Managers
Screen money managers from public funds and ETFs managed around the world
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
CEO Directory
Screen CEOs from public companies around the world
Transaction History
View history of all your transactions and understand their impact on performance
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Is Icad's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Icad. If investors know Icad will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Icad listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.56) 
Revenue Per Share
1.039
Quarterly Revenue Growth
(0.23) 
Return On Assets
(0.17) 
Return On Equity
(0.37) 
The market value of Icad Inc is measured differently than its book value, which is the value of Icad that is recorded on the company's balance sheet. Investors also form their own opinion of Icad's value that differs from its market value or its book value, called intrinsic value, which is Icad's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Icad's market value can be influenced by many factors that don't directly affect Icad's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Icad's value and its price as these two are different measures arrived at by different means. Investors typically determine if Icad is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Icad's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party. Check out the analysis of Icad Correlation against competitors.