IGG Inc - IGGGF

IGGGF Returns vs S&P 500 ⓘ

ticker	1 day return %	1 week return %	1 month return %	3 months return %	6 months return %	1 year return %	3 years return %	5 years return %	10 years return %	maximum return %
IGGGF	0	0	-12.7	58.4	24.5	26.8	-42.2	-21.7	-17.3	-17.3
S&P 500	-1.4	-1.8	0.9	5.9	10.6	30.3	25.3	88.1	187.5	33132.1

Compare IGGGF with other assets →

Returns Charts ⓘ

Interactive Price Chart

Our interactive price chart includes various drawing tools to help you analyze the product more effectively. Below is a quick guide on how to use these tools: Full Guideline

Real-time Full Quote

Attribute	Value
symbol	IGGGF
name	IGG Inc
price	0.53265
changes percentage	0
change	0
day low	0.53265
day high	0.6
year high	0.61
year low	0.2808
market cap	609348871
price avg 50	0.497464
price avg 200	0.423043
exchange	PNK
volume	1000
avg volume	616
open	0.6
previous close	0.6
eps	0.08
pe	6.66
earnings announcement	2025-03-10T10:00:00.000+0000
shares outstanding	1143994876
timestamp	2024-11-14 20:00:00

Financial Statements ⓘ

We derive the score of a company's financial statements by evaluating the weighted average sentiment across key within the statements. The cumulative score, normalized to a sum of 1, serves as a metric for assessing the company's performance during the specified period. A higher score indicates stronger performance. However, it's crucial to note that while this score provides valuable insights, it is just one of many factors to consider when making informed investment decisions. A holistic evaluation, considering various aspects of the company's financial health and market conditions, is essential for a well-rounded investment strategy.

Overall Annual Financial Health: 72.7%

Overall Quarterly Financial Health: 37.3%

Income Statements ⓘ

• Annual Income Statement

Note: The years below are fiscal years in accounting.

	2023	2022	Y/Y change %
0000000000
revenue	5265911000	4591327000	14.69
gross profit	3919057000	3150833000	24.38
gross profit ratio	0.74	0.69	8.45
research and development expenses	934852000	1305078000	-28.37
operating expenses	3827568000	3358028000	13.98
interest income	34627000	15033000	130.34
interest expense	3844000	4291000	-10.42
ebitda	227965000	-347431000	165.61
ebitdaratio	0.04	0.01	713.93
operating income	91489000	-483735000	118.91
operating income ratio	0.02	-0.11	116.49
net income	73053000	-503589000	114.51
net income ratio	0.01	-0.11	112.65
eps	0.06	-0.43	114.53

Overall Score of Annual Income Statement

0.88 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Revenue Growth: revenue increased to 5,266 million in 2023 from 4,591 million in 2022 representing a change of 14.69%. This indicates a sales growth, which is a positive sign for the company.

  Gross Profit: Gross Profit increased to 3,919 million in 2023 from 3,151 million in 2022 representing a change of 24.38%. This indicates a sales profitability growth, which is a positive sign for the company.

  Research and Development (R&D) Expenses: R&D Expenses increased to 935 million in 2023 from 1,305 million in 2022 representing a change of -28.37%. This shows that the company continues to invest in innovation and product development, which is crucial for long-term growth.

  EBITDA: EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) increased to 228 million in 2023 from -347 million in 2022 representing a change of 165.61%. The increase in EBITDA indicates improved operational efficiency and profitability.

  Operating Income: Operating income increased to 91 million in 2023 from -484 million in 2022 representing a change of 118.91%. The increase in operating income indicates better operational performance and increased profitability.

  Net Income: Net income increased to 73 million in 2023 from -504 million in 2022 representing a change of 114.51%. The increase in net income shows improved profitability and indicates that the company is generating more profit for each dollar of revenue.

  Earnings per Share (EPS): EPS increased to 0.06 in 2023 from 0.06 in 2022 representing a change of 114.53%. This indicates that the company's earnings are increasing and it is becoming more profitable on a per-share basis.

• 📉 Negative Indicators

  Operating Expenses: Operating Expenses increased to 3,828 million in 2023 from 3,358 million in 2022 representing a change of 13.98%. The increase in operating expenses can be attributed to various factors such as marketing, administrative costs, and investments in infrastructure. It's important to monitor if these expenses are growing at a sustainable rate compared to revenue.

• Quarterly Income Statement

Note: The years below are fiscal years in accounting.

	2024Q2	2023Q4	Q/Q change %
0000000000
revenue	2735274000	2766891000	-1.14
gross profit	2155184000	2113344000	1.98
gross profit ratio	0.79	0.76	3.16
research and development expenses	394508000	434433000	-9.19
operating expenses	1779643000	1737584000	2.42
interest income	26785000	16944000	58.08
interest expense	1406000	1778000	-20.92
ebitda	428196000	63574320	573.54
ebitdaratio	0.16	0.16	0.85
operating income	375541000	375760000	-0.06
operating income ratio	0.14	0.14	1.10
net income	330945000	432851000	-23.54
net income ratio	0.12	0.16	-22.66
eps	0.29	0.37	-21.62

Overall Score of Quarterly Income Statement

0.12 out of 1

Detailed Analysis

• 📉 Negative Indicators

  Revenue Growth: revenue decreased to 2,735 million in 2024Q2 from 2,767 million in 2023Q4 representing a change of -1.14%. This indicates a sales shrinking, which is a negative sign for the company.

  Research and Development (R&D) Expenses: R&D Expenses decreased to 395 million in 2024Q2 from 434 million in 2023Q4 representing a change of -9.19%. This shows that the company decreased investment in innovation and product development, which is not a good sign for long-term growth.

  Operating Expenses: Operating Expenses increased to 1,780 million in 2024Q2 from 1,738 million in 2023Q4 representing a change of 2.42%. The increase in operating expenses can be attributed to various factors such as marketing, administrative costs, and investments in infrastructure. It's important to monitor if these expenses are growing at a sustainable rate compared to revenue.

  EBITDA: EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) decreased to 428 million in 2024Q2 from 64 million in 2023Q4 representing a change of 573.54%. The decrease in EBITDA indicates declined operational efficiency and profitability.

  Operating Income: Operating income decreased to 376 million in 2024Q2 from 376 million in 2023Q4 representing a change of -0.06%. The decrease in operating income indicates worse operational performance and decreased profitability.

  Net Income: Net income decreased to 331 million in 2024Q2 from 433 million in 2023Q4 representing a change of -23.54%. The decrease in net income shows worsen profitability and indicates that the company is generating less profit for each dollar of revenue.

  Earnings per Share (EPS): EPS increased to 0.29 in 2024Q2 from 0.29 in 2023Q4 representing a change of -21.62%. This indicates that the company's earnings are decreasing and it is becoming less profitable on a per-share basis.

• 📈 Positive Indicators

  Gross Profit: Gross Profit increased to 2,155 million in 2024Q2 from 2,113 million in 2023Q4 representing a change of 1.98%. This indicates a sales profitability growth, which is a positive sign for the company.

Balance Sheets ⓘ

• Annual Balance Sheet

Note: The years below are fiscal years in accounting.

	2023	2022	Y/Y change %
0000000000
total assets	3697437000	3636137000	1.69
total liabilities	962674000	924270000	4.16
total equity	2734763000	2711867000	0.84
cash and cash equivalents	1469752000	1581832000	-7.09
short term investments	19017000	5089000	273.69
long term investments	656172000	650256000	0.91
total current assets	2046151000	2046766000	-0.03
total non current assets	1651286000	1589371000	3.90
total current liabilities	931142000	899919000	3.47
total non current liabilities	31532000	24351000	29.49
common stock	23000	23000	0.00
retained earnings	2921509000	2882520000	1.35
total debt	63220000	62999000	0.35

Overall Score of Annual Balance Sheet

0.44 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Total Assets: Total Assets increased to 3,697 million in 2023 from 3,636 million in 2022 representing a change of 1.69%. Suggesting a growth in asset holdings.

  Total Equity: Total Equity increased to 2,735 million in 2023 from 2,712 million in 2022 representing a change of 0.84%. This indicates an increase in shareholders' equity.

  Short Term Investments: Short Term Investments increased to 19 million in 2023 from 5 million in 2022 representing a change of 273.69%. This indicates an increase in short-term investment holdings.

  Retained Earnings: Retained Earnings increased to 2,922 million in 2023 from 2,883 million in 2022 representing a change of 1.35%. This indicates an accumulated profits.

• 📉 Negative Indicators

  Total Liabilities: Total Liabilities increased to 963 million in 2023 from 924 million in 2022 representing a change of 4.16%. This indicates an increase in overall liabilities.

  Cash And Cash Equivalents: Cash And Cash Equivalents decreased to 1,470 million in 2023 from 1,582 million in 2022 representing a change of -7.09%. This indicates a decrease in available liquid assets.

  Total Current Assets: Total Current Assets decreased to 2,046 million in 2023 from 2,047 million in 2022 representing a change of -0.03%. This indicates a worsen liquidity position.

  Total Current Liabilities: Total Current Liabilities increased to 931 million in 2023 from 900 million in 2022 representing a change of 3.47%. This indicates a higher short-term debt burden.

  Total Debt: Total Debt increased to 63 million in 2023 from 63 million in 2022 representing a change of 0.35%. This indicates an increase in overall debt burden.

• Quarterly Balance Sheet

Note: The years below are fiscal years in accounting.

	2024Q2	2024Q1	Q/Q change %
0000000000
total assets	4103925000	4103925000	0.0
total liabilities	1093137000	1093137000	0.0
total equity	3010788000	3010788000	0.0
cash and cash equivalents	1940320000	1940320000	0.0
short term investments	151000	151000	0.0
long term investments	615718000	615718000	0.0
total current assets	2471370000	2471370000	0.0
total non current assets	1632555000	1632555000	0.0
total current liabilities	1065444000	1065444000	0.0
total non current liabilities	27693000	27693000	0.0
common stock	23000	23000	0.0
retained earnings	3216640000	3216640000	0.0
total debt	61978000	0	NaN

Overall Score of Quarterly Balance Sheet

0.0 out of 1

Detailed Analysis

• 📉 Negative Indicators

  Total Debt: Total Debt increased to 62 million in 2024Q2 from 0 million in 2024Q1 representing a change of nan%. This indicates an increase in overall debt burden.

Cashflow Statements ⓘ

• Annual Cashflow Statement

Note: The years below are fiscal years in accounting.

	2023	2022	Y/Y change %
0000000000
net change in cash	-112080000	-368139000	69.55
operating cash flow	128577000	-98239000	230.88
free cash flow	-5349000	-232646000	97.70
capital expenditure	-133926000	-134407000	0.36
depreciation and amortization	127088000	133482000	-4.79
deferred income tax	0	244003000	-100.00
stock based compensation	41934000	97564000	-57.02
accounts payables	13846000	-23907000	157.92
inventory	145000	1748000	-91.70
acquisitions net	0	-6278000	100.00
investments in property plant and equipment	-133926000	-134407000	0.36
net cash used for investing activites	-96229000	-152029000	36.70
debt repayment	-63472000	0	NaN
common stock issued	-31795000	338074	-9504.75
common stock repurchased	-44560000	-627249	-7004.04
dividends paid	0	0	NaN
net cash used provided by financing activities	-143671000	-73848000	-94.55
cash at end of period	1469752000	1581832000	-7.09
accounts receivables	-121625000	22812000	-633.16
cash at beginning of period	1581832000	1949971000	-18.88

Overall Score of Annual Cashflow Statement

0.86 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Net Change in Cash: Net Change in Cash increased to -112 million in 2023 from -368 million in 2022 representing a change of 69.55%. Indicating an increased ability to generate cash from the company's operations or its cash flow position.

  Operating Cash Flow: Operating Cash Flow increased to 129 million in 2023 from -98 million in 2022 representing a change of 230.88%. This indicates that the company generated more cash from its core business operations.

  Free Cash Flow: Free Cash Flow increased to -5 million in 2023 from -233 million in 2022 representing a change of 97.7%. This indicates an increase in cash generated after accounting for capital expenditures.

  Stock-Based Compensation: Stock-Based Compensation decreased to 42 million in 2023 from 98 million in 2022 representing a change of -57.02%. This indicates decreased expenses, which is generally considered a positive sign from a financial perspective.

  Accounts Payables: The absolute value of Accounts Payables decreased to 14 million in 2023 from 24 million in 2022 representing a change of 157.92%. This indicates that the company has reduced its outstanding obligations to its suppliers.

  Accounts Receivables: Accounts Receivables decreased to -122 million in 2023 from 23 million in 2022 representing a change of -633.16%. This suggests that the company has been able to collect payments from its customers more efficiently and timely.

• 📉 Negative Indicators

  Capital Expenditure: Capital Expenditure increased to -134 million in 2023 from -134 million in 2022 representing a change of 0.36%. This indicates an increase in the cash outflow required for acquiring or improving long-term assets.

• Quarterly Cashflow Statement

Note: The years below are fiscal years in accounting.

	2024Q2	2024Q1	Q/Q change %
0000000000
operating cash flow	301275500	301275500	0.00
free cash flow	261937500	261937500	0.00
capital expenditure	-39338000	-39338000	0.00
depreciation and amortization	28006500	28006500	0.00
deferred income tax	0	0	NaN
stock based compensation	7840000	7840000	0.00
accounts receivables	0	0	NaN
accounts payables	0	0	NaN
inventory	0	0	NaN
acquisitions net	0	0	NaN
investments in property plant and equipment	-39338000	-39338000	0.00
net cash used for investing activites	-32090000	-32090000	0.00
debt repayment	0	0	NaN
common stock issued	0	0	NaN
common stock repurchased	-19148500	-19148500	0.00
dividends paid	0	0	NaN
net cash used provided by financing activities	-30092000	-30092000	0.00
net change in cash	449892000	235284000	91.21
cash at end of period	1963985000	235284000	734.73
cash at beginning of period	1514093000	0	NaN

Overall Score of Quarterly Cashflow Statement

1.0 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Net Change in Cash: Net Change in Cash increased to 450 million in 2024Q2 from 235 million in 2024Q1 representing a change of 91.21%. Indicating an increased ability to generate cash from the company's operations or its cash flow position.

Earnings Transcripts ⓘ

No earnings transcripts available.

Earnings Per Share (EPS) ⓘ

Analyst Stock Recommendations ⓘ

Discover detailed analyst recommendations for stocks, including categories such as Buy, Hold, Sell, Strong Buy, and Strong Sell. These insights are based on thorough analysis of financial and market factors. The consensus is calculated by assigning a numerical score to each recommendation. These scores are then weighted and averaged over a specified period to provide a comprehensive view of the stock's outlook, with the final score determining the overall consensus.

Financial Ratios ⓘ

• Annual Financial Ratios

	2023-12-31	2022-12-31	Y/Y change %
FY
calendar year	2023	2022	NaN
revenue per share	4.51	3.95	14.23
net income per share	0.06	-0.43	114.45
operating cash flow per share	0.11	-0.08	230.35
free cash flow per share	-0.0	-0.2	97.71
cash per share	1.27	1.36	-6.56
book value per share	2.34	2.33	0.44
tangible book value per share	2.16	2.13	1.06
shareholders equity per share	2.34	2.33	0.44
interest debt per share	-0.17	0.0	-4818.76
market cap	3465689643.52	3062459378.28	13.17
enterprise value	2059157643.52	1543626378.28	33.40
pe ratio	47.44	-6.08	880.11
price to sales ratio	0.66	0.67	-1.33
pocfratio	26.95	-31.17	186.46
pfcf ratio	-647.91	-13.16	-4822.01
pb ratio	1.27	1.13	12.22
ptb ratio	1.27	1.13	12.22
ev to sales	0.39	0.34	16.31
enterprise value over ebitda	9.03	-4.44	303.30
ev to operating cash flow	16.01	-15.71	201.92
ev to free cash flow	-384.96	-6.64	-5701.90
earnings yield	0.02	-0.16	112.82
free cash flow yield	-0.0	-0.08	97.97
debt to equity	-0.08	0	NaN
debt to assets	-0.06	0	NaN
net debt to ebitda	-6.17	4.37	-241.14
current ratio	2.2	2.27	-3.38
interest coverage	23.8	-112.73	121.11
income quality	1.33	0.2	554.46
dividend yield	0	0	NaN
payout ratio	0	0	NaN
sales general and administrative to revenue	0.06	0.08	-23.88
research and ddevelopement to revenue	0.18	0.28	-37.54
intangibles to total assets	0.06	0.06	-7.39
capex to operating cash flow	1.04	-1.37	176.13
capex to revenue	0.03	0.03	-13.12
capex to depreciation	1.05	1.01	4.66
stock based compensation to revenue	0.01	0.02	-62.53
graham number	1.82	4.76	-61.91
roic	0.03	-0.19	114.72
return on tangible assets	0.02	-0.15	114.19
graham net net	0.49	0.57	-13.55
working capital	1115009000	1146847000	-2.78
tangible asset value	2517820000	2481484000	1.46
net current asset value	1083477000	1122496000	-3.48
invested capital	1993849000	1963068000	1.57
average receivables	32758000	0	NaN
average payables	335754000	313225500	7.19
average inventory	505500	1452000	-65.19
days sales outstanding	4.54	0	NaN
days payables outstanding	95.02	81.31	16.86
days of inventory on hand	0.12	0.15	-19.88
receivables turnover	80.38	0	NaN
payables turnover	3.84	4.49	-14.42
inventory turnover	3110.52	2492.2	24.81
roe	0.03	-0.19	114.39
capex per share	0.11	0.12	-0.76

• Negative

  ROE: Return on Equity (ROE) increased to 0.03 on 2023-12-31 from -0.19 on 2022-12-31, representing a change of 114.39%. However, ROE is <= 5%, suggesting that the company has not been generating high returns for its shareholders.

• Positive

  PE Ratio: Price-to-Earnings (P/E) Ratio increased to 47.44 on 2023-12-31 from -6.08 on 2022-12-31, representing a change of 880.11%. Indicating an increase in the relative valuation of the company's stock.

• Neutral

  Current Ratio: Current Ratio decreased to 2.20 on 2023-12-31 from 2.27 on 2022-12-31, representing a change of -3.38%. The current ratio has been declining, suggesting a decrease in the company's short-term liquidity. However, it is still above 1, indicating the ability to cover short-term obligations.

• Quarterly Financial Ratios

	2024-06-30 Q2	2024-03-31 Q1	Q/Q change %
IGGGF
calendar year	2024	2024	NaN
revenue per share	2.38	0	NaN
net income per share	0.29	0	NaN
operating cash flow per share	0.26	0	NaN
free cash flow per share	0.23	0	NaN
cash per share	1.69	0	NaN
book value per share	2.62	0	NaN
tangible book value per share	2.43	0	NaN
shareholders equity per share	2.62	0	NaN
interest debt per share	0.0	0	NaN
market cap	3369970626.94	0	NaN
enterprise value	1491628626.94	-1940320000	176.88
pe ratio	2.55	0	NaN
price to sales ratio	1.23	0	NaN
pocfratio	11.19	0	NaN
pfcf ratio	12.87	0	NaN
pb ratio	1.12	0	NaN
ptb ratio	1.12	0	NaN
ev to sales	0.55	0	NaN
enterprise value over ebitda	3.48	0	NaN
ev to operating cash flow	4.95	-6.44	176.88
ev to free cash flow	5.69	-7.41	176.88
earnings yield	0.1	None	NaN
free cash flow yield	0.08	0	NaN
debt to equity	0	0	NaN
debt to assets	0	0	NaN
net debt to ebitda	-4.39	0	NaN
current ratio	2.32	2.32	0.00
interest coverage	267.1	0	NaN
income quality	1.82	1.82	0.00
dividend yield	0	None	NaN
payout ratio	0	0	NaN
sales general and administrative to revenue	0	0	NaN
research and ddevelopement to revenue	0.14	0	NaN
intangibles to total assets	0.05	0.05	0.00
capex to operating cash flow	0.13	0.13	0.00
capex to revenue	0.01	0	NaN
capex to depreciation	1.4	1.4	0.00
stock based compensation to revenue	0.0	0	NaN
graham number	4.12	0	NaN
roic	0.11	None	NaN
return on tangible assets	0.09	None	NaN
graham net net	0.81	0	NaN
working capital	1405926000	1405926000	0.00
tangible asset value	2797364000	2797364000	0.00
net current asset value	1378233000	1378233000	0.00
invested capital	2318888000	2318888000	0.00
average receivables	112929000	294458000	-61.65
average payables	477599000	414104500	15.33
average inventory	339000	386000	-12.18
days sales outstanding	3.72	0	NaN
days payables outstanding	74.1	0	NaN
days of inventory on hand	0.05	0	NaN
receivables turnover	24.22	None	NaN
payables turnover	1.21	None	NaN
inventory turnover	1711.18	None	NaN
roe	0.11	None	NaN
capex per share	0.03	0	NaN

• Neutral

  Current Ratio: Current Ratio decreased to 2.32 on 2024-06-30 Q2 from 2.32 on 2024-03-31 Q1, representing a change of 0.00%. The current ratio has been declining, suggesting a decrease in the company's short-term liquidity. However, it is still above 1, indicating the ability to cover short-term obligations.

Growth Rates ⓘ

• Annual Growth

• Quarterly Growth

Intrinsic Value (Discounted Cash Flow) ⓘ

Positive Sentiment: Discounted Cash Flow value is 0.72 which is higher than current price 0.53, indicates the company may be undervalued.