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IGC Quote, Financials, Valuation and Earnings

Last price:
$0.30
Seasonality move :
-0.42%
Day range:
$0.30 - $0.31
52-week range:
$0.25 - $0.55
Dividend yield:
0%
P/E ratio:
--
P/S ratio:
17.53x
P/B ratio:
3.80x
Volume:
291.5K
Avg. volume:
226.5K
1-year change:
-27.45%
Market cap:
$23.8M
Revenue:
$1.3M
EPS (TTM):
-$0.11
Period Ending 2020-03-31 2021-03-31 2022-03-31 2023-03-31 2024-03-31
Revenue $4.1M $898K $397K $911K $1.3M
Revenue Growth (YoY) -20.41% -77.95% -55.79% 129.47% 47.64%
 
Cost of Revenues $4M $785K $203K $469K $612K
Gross Profit $115K $113K $194K $442K $733K
Gross Profit Margin 2.82% 12.58% 48.87% 48.52% 54.5%
 
R&D Expenses $1M $929K $2.3M $3.5M $3.8M
Selling, General & Admin $6M $7.9M $13.3M $8.6M $6.8M
Other Inc / (Exp) -$451K -$87K $412K $65K -$3.2M
Operating Expenses $7M $8.8M $15.6M $12M $10.5M
Operating Income -$6.9M -$8.7M -$15.4M -$11.6M -$9.8M
 
Net Interest Expenses -- -- -- -- --
EBT. Incl. Unusual Items -$7.3M -$8.8M -$15M -$11.5M -$13M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- --
Net Income to Company -$7.3M -$8.8M -$15M -$11.5M -$13M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$7.3M -$8.8M -$15M -$11.5M -$13M
 
Basic EPS (Cont. Ops) -$0.19 -$0.21 -$0.30 -$0.22 -$0.22
Diluted EPS (Cont. Ops) -$0.19 -$0.21 -$0.30 -$0.22 -$0.22
Weighted Average Basic Share $39.5M $42M $50M $52.6M $58.8M
Weighted Average Diluted Share $39.5M $42M $50M $52.6M $58.8M
 
EBITDA -$6.7M -$8.2M -$14.8M -$10.9M -$9.2M
EBIT -$6.9M -$8.7M -$15.4M -$11.6M -$9.8M
 
Revenue (Reported) $4.1M $898K $397K $911K $1.3M
Operating Income (Reported) -$6.9M -$8.7M -$15.4M -$11.6M -$9.8M
Operating Income (Adjusted) -$6.9M -$8.7M -$15.4M -$11.6M -$9.8M
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Revenue $108K $142K $332K $204K $257K
Revenue Growth (YoY) -81.15% 31.48% 133.8% -38.55% 25.98%
 
Cost of Revenues $94K $80K $230K $71K $153K
Gross Profit $14K $62K $102K $133K $104K
Gross Profit Margin 12.96% 43.66% 30.72% 65.2% 40.47%
 
R&D Expenses $154K $377K $806K $903K $852K
Selling, General & Admin $2.2M $2.1M $1.6M $2.2M $1.1M
Other Inc / (Exp) $3K $4K $29K -$2.6M $49K
Operating Expenses $2.3M $2.4M $2.4M $3.1M $2M
Operating Income -$2.3M -$2.4M -$2.3M -$3M -$1.9M
 
Net Interest Expenses -- -- -- -- --
EBT. Incl. Unusual Items -$2.3M -$2.4M -$2.2M -$5.6M -$1.8M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- --
Net Income to Company -$2.3M -$2.4M -$2.2M -$5.6M -$1.8M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$2.3M -$2.4M -$2.2M -$5.6M -$1.8M
 
Basic EPS (Cont. Ops) -$0.06 -$0.05 -$0.04 -$0.09 -$0.02
Diluted EPS (Cont. Ops) -$0.06 -$0.05 -$0.04 -$0.09 -$0.02
Weighted Average Basic Share $41.3M $51.1M $53.1M $63.7M $77.6M
Weighted Average Diluted Share $41.3M $51.1M $53.1M $63.7M $77.6M
 
EBITDA -$2.2M -$2.2M -$2.1M -$2.8M -$1.7M
EBIT -$2.3M -$2.4M -$2.3M -$3M -$1.9M
 
Revenue (Reported) $108K $142K $332K $204K $257K
Operating Income (Reported) -$2.3M -$2.4M -$2.3M -$3M -$1.9M
Operating Income (Adjusted) -$2.3M -$2.4M -$2.3M -$3M -$1.9M
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Revenue $846K $356K $868K $1.2M $1.2M
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues $744K $203K $421K $591K $600K
Gross Profit $102K $153K $447K $625K $636K
Gross Profit Margin -- -- -- -- --
 
R&D Expenses $842K $1.4M $4.2M $3.4M $3.5M
Selling, General & Admin $7.6M $10.4M $10.3M $8.9M $5.3M
Other Inc / (Exp) -$640K $256K $90K -$2.5M -$605K
Operating Expenses $8.5M $11.9M $14.5M $12.3M $8.8M
Operating Income -$8.4M -$11.7M -$14.1M -$11.7M -$8.2M
 
Net Interest Expenses -- -- -- -- --
EBT. Incl. Unusual Items -$9M -$11.5M -$14M -$14.1M -$8.8M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- --
Net Income to Company -$9M -$11.5M -$14M -$14.1M -$8.8M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$9M -$11.5M -$14M -$14.1M -$8.8M
 
Basic EPS (Cont. Ops) -$0.23 -$0.25 -$0.26 -$0.26 -$0.11
Diluted EPS (Cont. Ops) -$0.23 -$0.25 -$0.26 -$0.26 -$0.11
Weighted Average Basic Share
Weighted Average Diluted Share
 
EBITDA -$8M -$11.1M -$13.4M -$11M -$7.6M
EBIT -$8.4M -$11.7M -$14.1M -$11.7M -$8.2M
 
Revenue (Reported) $846K $356K $868K $1.2M $1.2M
Operating Income (Reported) -$8.4M -$11.7M -$14.1M -$11.7M -$8.2M
Operating Income (Adjusted) -$8.4M -$11.7M -$14.1M -$11.7M -$8.2M
Period Ending 2021-12-31 2022-12-31 2023-12-31 2024-12-31 2025-12-31
Revenue $275K $746K $1.1M $941K --
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues $149K $367K $488K $476K --
Gross Profit $126K $379K $562K $465K --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses $1.1M $3M $2.9M $2.7M --
Selling, General & Admin $8M $5M $5.3M $3.8M --
Other Inc / (Exp) $414K $92K -$2.5M $110K --
Operating Expenses $9.1M $7.9M $8.2M $6.5M --
Operating Income -$8.9M -$7.6M -$7.6M -$6M --
 
Net Interest Expenses -- -- -- -- --
EBT. Incl. Unusual Items -$8.5M -$7.5M -$10.1M -$5.9M --
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- --
Net Income to Company -$8.5M -$7.5M -$10.1M -$5.9M --
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$8.5M -$7.5M -$10.1M -$5.9M --
 
Basic EPS (Cont. Ops) -$0.18 -$0.14 -$0.18 -$0.07 --
Diluted EPS (Cont. Ops) -$0.18 -$0.14 -$0.18 -$0.07 --
Weighted Average Basic Share $148.9M $156.9M $171.1M $226.5M --
Weighted Average Diluted Share $148.9M $156.9M $171.1M $226.5M --
 
EBITDA -$8.4M -$7.1M -$7.2M -$5.6M --
EBIT -$8.9M -$7.6M -$7.6M -$6M --
 
Revenue (Reported) $275K $746K $1.1M $941K --
Operating Income (Reported) -$8.9M -$7.6M -$7.6M -$6M --
Operating Income (Adjusted) -$8.9M -$7.6M -$7.6M -$6M --
Period Ending 2020-03-31 2021-03-31 2022-03-31 2023-03-31 2024-03-31
Cash and Equivalents $7.3M $14.5M $10.5M $3.2M $1.2M
Short Term Investments $5.1M $80K -- $154K --
Accounts Receivable, Net $133K $175K $125K $107K $39K
Inventory $4.2M $5.5M $3.5M $2.7M $1.5M
Prepaid Expenses $817K $1.3M $170K $72K $41K
Other Current Assets $223K $196K $336K $262K $115K
Total Current Assets $17.8M $23.5M $15.1M $6.5M $3.7M
 
Property Plant And Equipment $10.4M $11.3M $9.9M $8.5M $3.9M
Long-Term Investments $11K $12K -- -- --
Goodwill -- -- -- -- --
Other Intangibles $252K $407K $917K $1.2M $1.6M
Other Long-Term Assets -- -- -- -- --
Total Assets $29M $35.9M $26.8M $17.2M $9.9M
 
Accounts Payable $762K $476K $981K $530K $773K
Accrued Expenses -- -- -- -- --
Current Portion Of Long-Term Debt -- -- -- -- --
Current Portion Of Capital Lease Obligations -- -- $123K $133K $124K
Other Current Liabilities $298K $430K $180K $358K $419K
Total Current Liabilities $1.9M $2.4M $2.4M $1.9M $2.3M
 
Long-Term Debt -- $276K $144K $141K $137K
Capital Leases -- -- -- -- --
Total Liabilities $2.4M $3.1M $2.9M $2.3M $2.6M
 
Common Stock $94.8M $109.7M $116M $119M $124.4M
Other Common Equity Adj -$2.9M -$2.8M -$3M -$3.4M -$3.4M
Common Equity $26.5M $32.8M $23.9M $14.9M $7.3M
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity $26.5M $32.8M $23.9M $14.9M $7.3M
 
Total Liabilities and Equity $29M $35.9M $26.8M $17.2M $9.9M
Cash and Short Terms $12.3M $14.6M $10.5M $3.4M $1.2M
Total Debt $50K $580K $144K $141K $137K
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Cash and Equivalents $968K $11.9M $4.9M $1.4M $470K
Short Term Investments $2M -- $88K -- --
Accounts Receivable, Net $226K $164K $251K $92K $49K
Inventory $5.2M $5.4M $3.7M $1.9M $1.4M
Prepaid Expenses $3M $1M $114K $48K $51K
Other Current Assets $92K $149K $153K $124K $304K
Total Current Assets $11.4M $19.2M $9.4M $3.6M $3.1M
 
Property Plant And Equipment $11.5M $11M $8.7M $5.5M $3.5M
Long-Term Investments $261K $11K -- -- --
Goodwill -- -- -- -- --
Other Intangibles $384K $426K $1M $1.2M $1.9M
Other Long-Term Assets -- -- -- -- --
Total Assets $24.2M $31.3M $20.1M $11.3M $9.1M
 
Accounts Payable $875K $357K $466K $648K $835K
Accrued Expenses -- -- -- -- --
Current Portion Of Long-Term Debt $252K $3K -- -- --
Current Portion Of Capital Lease Obligations -- -- $130K $124K $124K
Other Current Liabilities $366K $257K $302K $210K $717K
Total Current Liabilities $1.9M $1.3M $1.4M $1.9M $2.7M
 
Long-Term Debt $328K $145K $141K $138K $134K
Capital Leases -- -- -- -- --
Total Liabilities $2.7M $1.8M $1.8M $2.2M $2.8M
 
Common Stock $95.4M $114.9M $118.4M $123.3M $129.3M
Other Common Equity Adj -$2.7M -$2.8M -$3.4M -$3.4M -$3.5M
Common Equity -- -- -- -- --
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity $21.5M $29.5M $18.3M $9.1M $6.3M
 
Total Liabilities and Equity $24.2M $31.3M $20.1M $11.3M $9.1M
Cash and Short Terms $3M $11.9M $5M $1.4M $470K
Total Debt $580K $148K $141K $138K $134K
Period Ending 2020-03-31 2021-03-31 2022-03-31 2023-03-31 2024-03-31
Net Income to Stockholders -$7.3M -$8.8M -$15M -$11.5M -$13M
Depreciation & Amoritzation $144K $478K $651K $657K $637K
Stock-Based Compensation $770K $658K $2.2M $2.8M $1.8M
Change in Accounts Receivable -$49K -$42K $50K $5K -$25K
Change in Inventories -$4M -$1.2M $1.9M $897K $1M
Cash From Operations -$8.7M -$10.8M -$7.5M -$7M -$5.2M
 
Capital Expenditures $4.5M $1.6M $771K $619K $515K
Cash Acquisitions -- -- -- -- --
Cash From Investing -$9.5M $3.4M -$742K -$235K -$317K
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid
Long-Term Debt Issued -- -- -- -- --
Long-Term Debt Repaid -- -- -$3K -$3K -$3K
Repurchase of Common Stock -$59K -- -- -- --
Other Financing Activities -- -- -- -- --
Cash From Financing -$59K $14.7M $4.1M $100K $3.5M
 
Beginning Cash (CF) $25.6M $7.3M $14.5M $10.5M $3.2M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -$18.3M $7.3M -$4.1M -$7.2M -$2M
Ending Cash (CF) $7.3M $14.5M $10.5M $3.2M $1.2M
 
Levered Free Cash Flow -$13.1M -$12.4M -$8.2M -$7.7M -$5.7M
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Net Income to Stockholders -$2.3M -$2.4M -$2.2M -$5.6M -$1.8M
Depreciation & Amoritzation $127K $166K $172K $160K $157K
Stock-Based Compensation $158K $523K $484K $526K $381K
Change in Accounts Receivable $41K -$25K -$62K $44K -$5K
Change in Inventories $1.5M $71K $2K -$23K $77K
Cash From Operations -$1.8M -$2.4M -$1.6M -$1.6M -$1.3M
 
Capital Expenditures $196K $49K $389K $87K $104K
Cash Acquisitions -- -- -- -- --
Cash From Investing $1.7M -$49K -$17K -$61K -$104K
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued -- -- -- -- --
Long-Term Debt Repaid -- -$1K -- -$1K -$1K
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -- -- -- -- --
Cash From Financing -- -$1K -- -$1K $345K
 
Beginning Cash (CF) $1.2M $14.4M $6.6M $3M $1.5M
Foreign Exchange Rate Adjustment $8K $14K -$13K $1K --
Additions / Reductions -$191K -$2.5M -$1.7M -$1.6M -$1.1M
Ending Cash (CF) $968K $11.9M $4.9M $1.4M $470K
 
Levered Free Cash Flow -$2M -$2.5M -$2M -$1.7M -$1.4M
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Net Income to Stockholders -$9M -$11.5M -$14M -$14.1M -$8.8M
Depreciation & Amoritzation $387K $652K $669K $626K $628K
Stock-Based Compensation $769K $1.2M $3.4M $2M $1.5M
Change in Accounts Receivable -$69K $62K -$88K $146K -$49K
Change in Inventories -$1.6M -$271K $1.7M $1.1M $1.1M
Cash From Operations -$10.3M -$9.1M -$6.4M -$6.2M -$4.6M
 
Capital Expenditures $2.2M $308K $1M $360K $641K
Cash Acquisitions -- -- -- -- --
Cash From Investing $718K $1.7M -$546K -$236K -$623K
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid
Long-Term Debt Issued -- -- -- -- --
Long-Term Debt Repaid -- -- -$3K -$4K -$3K
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -- -- -- -- --
Cash From Financing $453K $18.3M $100K $2.9M $4.3M
 
Beginning Cash (CF) -- -- -- -- --
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -$9.1M $11M -$6.9M -$3.6M -$901K
Ending Cash (CF) -- -- -- -- --
 
Levered Free Cash Flow -$12.5M -$9.4M -$7.4M -$6.6M -$5.2M
Period Ending 2021-12-31 2022-12-31 2023-12-31 2024-12-31 2025-12-31
Net Income to Stockholders -$8.5M -$7.5M -$10.1M -$5.9M --
Depreciation & Amoritzation $486K $504K $473K $464K --
Stock-Based Compensation $1.1M $2.3M $1.4M $1.2M --
Change in Accounts Receivable $11K -$127K $14K -$10K --
Change in Inventories $51K -$200K -$8K $107K --
Cash From Operations -$6.6M -$5.5M -$4.7M -$4.1M --
 
Capital Expenditures $189K $449K $190K $316K --
Cash Acquisitions -- -- -- -- --
Cash From Investing -$189K $7K $6K -$300K --
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued -- -- -- -- --
Long-Term Debt Repaid -$2K -$2K -$3K -$3K --
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -- -- -- -- --
Cash From Financing $4.1M $101K $2.9M $3.6M --
 
Beginning Cash (CF) $42.3M $25.1M $7.9M $4.6M --
Foreign Exchange Rate Adjustment $14K -$93K -$8K -$9K --
Additions / Reductions -$2.6M -$5.4M -$1.8M -$719K --
Ending Cash (CF) $39.7M $19.6M $6.1M $3.8M --
 
Levered Free Cash Flow -$6.8M -$6M -$4.9M -$4.4M --

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