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IGC Quote, Financials, Valuation and Earnings

Last price:
$0.37
Seasonality move :
16.78%
Day range:
$0.33 - $0.38
52-week range:
$0.27 - $0.91
Dividend yield:
0%
P/E ratio:
--
P/S ratio:
22.17x
P/B ratio:
3.98x
Volume:
728.3K
Avg. volume:
423.3K
1-year change:
28.04%
Market cap:
$29.4M
Revenue:
$1.3M
EPS (TTM):
-$0.18
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 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Revenue $125K $56K $202K $291K $412K
Revenue Growth (YoY) -93.14% -55.2% 260.71% 44.06% 41.58%
 
Cost of Revenues $99K $18K $67K $117K $214K
Gross Profit $26K $38K $135K $174K $198K
Gross Profit Margin 20.8% 67.86% 66.83% 59.79% 48.06%
 
R&D Expenses $219K $276K $768K $1.3M $917K
Selling, General & Admin $1.5M $4.1M $1.9M $1.4M $1M
Other Inc / (Exp) $19K $4K $46K $40K $43K
Operating Expenses $1.7M $4.4M $2.6M $2.7M $2M
Operating Income -$1.7M -$4.3M -$2.5M -$2.5M -$1.8M
 
Net Interest Expenses -- -- -- -- --
EBT. Incl. Unusual Items -$1.7M -$4.3M -$2.4M -$2.5M -$1.7M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- --
Net Income to Company -$1.7M -$4.3M -$2.4M -$2.5M -$1.7M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$1.7M -$4.3M -$2.4M -$2.5M -$1.7M
 
Basic EPS (Cont. Ops) -$0.04 -$0.09 -$0.05 -$0.05 -$0.02
Diluted EPS (Cont. Ops) -$0.04 -$0.09 -$0.05 -$0.05 -$0.02
Weighted Average Basic Share $41.2M $49.9M $52.2M $54.3M $76M
Weighted Average Diluted Share $41.2M $49.9M $52.2M $54.3M $76M
 
EBITDA -$1.6M -$4.2M -$2.3M -$2.3M -$1.6M
EBIT -$1.7M -$4.3M -$2.5M -$2.5M -$1.8M
 
Revenue (Reported) $125K $56K $202K $291K $412K
Operating Income (Reported) -$1.7M -$4.3M -$2.5M -$2.5M -$1.8M
Operating Income (Adjusted) -$1.7M -$4.3M -$2.5M -$2.5M -$1.8M
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Revenue $1.3M $322K $678K $1.3M $1.2M
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues $1.2M $217K $271K $750K $518K
Gross Profit $118K $105K $407K $594K $665K
Gross Profit Margin -- -- -- -- --
 
R&D Expenses $983K $1.2M $3.8M $3.3M $3.6M
Selling, General & Admin $6.9M $10.6M $10.8M $8.2M $6.4M
Other Inc / (Exp) -$568K $255K $65K $142K -$3.2M
Operating Expenses $7.8M $11.8M $14.6M $11.5M $10M
Operating Income -$7.7M -$11.7M -$14.2M -$10.9M -$9.3M
 
Net Interest Expenses -- -- -- -- --
EBT. Incl. Unusual Items -$8.3M -$11.4M -$14.1M -$10.8M -$12.6M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- --
Net Income to Company -$8.3M -$11.4M -$14.1M -$10.8M -$12.6M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$8.3M -$11.4M -$14.1M -$10.8M -$12.6M
 
Basic EPS (Cont. Ops) -$0.21 -$0.26 -$0.27 -$0.21 -$0.18
Diluted EPS (Cont. Ops) -$0.21 -$0.26 -$0.27 -$0.21 -$0.18
Weighted Average Basic Share -- -- -- -- --
Weighted Average Diluted Share -- -- -- -- --
 
EBITDA -$7.4M -$11M -$13.5M -$10.3M -$8.7M
EBIT -$7.7M -$11.7M -$14.2M -$10.9M -$9.3M
 
Revenue (Reported) $1.3M $322K $678K $1.3M $1.2M
Operating Income (Reported) -$7.7M -$11.7M -$14.2M -$10.9M -$9.3M
Operating Income (Adjusted) -$7.7M -$11.7M -$14.2M -$10.9M -$9.3M
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Revenue $709K $133K $414K $846K $684K
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues $637K $69K $137K $417K $323K
Gross Profit $72K $64K $277K $429K $361K
Gross Profit Margin -- -- -- -- --
 
R&D Expenses $441K $720K $2.2M $2M $1.8M
Selling, General & Admin $3.2M $5.9M $3.4M $3M $2.7M
Other Inc / (Exp) $68K $410K $63K $104K $61K
Operating Expenses $3.7M $6.6M $5.6M $5.1M $4.5M
Operating Income -$3.6M -$6.5M -$5.3M -$4.6M -$4.2M
 
Net Interest Expenses -- -- -- -- --
EBT. Incl. Unusual Items -$3.5M -$6.1M -$5.2M -$4.5M -$4.1M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- --
Net Income to Company -$3.5M -$6.1M -$5.2M -$4.5M -$4.1M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$3.5M -$6.1M -$5.2M -$4.5M -$4.1M
 
Basic EPS (Cont. Ops) -$0.09 -$0.13 -$0.10 -$0.09 -$0.05
Diluted EPS (Cont. Ops) -$0.09 -$0.13 -$0.10 -$0.09 -$0.05
Weighted Average Basic Share $81.4M $97.9M $103.8M $107.4M $148.8M
Weighted Average Diluted Share $81.4M $97.9M $103.8M $107.4M $148.8M
 
EBITDA -$3.4M -$6.2M -$5M -$4.3M -$3.8M
EBIT -$3.6M -$6.5M -$5.3M -$4.6M -$4.2M
 
Revenue (Reported) $709K $133K $414K $846K $684K
Operating Income (Reported) -$3.6M -$6.5M -$5.3M -$4.6M -$4.2M
Operating Income (Adjusted) -$3.6M -$6.5M -$5.3M -$4.6M -$4.2M
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 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Cash and Equivalents $1.2M $14.4M $6.6M $3M $1.5M
Short Term Investments $3.9M -- $193K $98K --
Accounts Receivable, Net $241K $138K $189K $137K $44K
Inventory $6.7M $5.5M $3.8M $2.6M $1.5M
Prepaid Expenses $1.5M $992K $146K $62K $192K
Other Current Assets $249K $228K $143K $143K $198K
Total Current Assets $13.7M $21.7M $11.2M $6.1M $4.3M
 
Property Plant And Equipment $11.4M $11.1M $8.9M $8.2M $3.6M
Long-Term Investments $261K $11K -- -- --
Goodwill -- -- -- -- --
Other Intangibles $344K $411K $952K $1.2M $1.8M
Other Long-Term Assets -- -- -- -- --
Total Assets $26.3M $33.8M $22M $16.5M $10.4M
 
Accounts Payable $975K $418K $456K $549K $768K
Accrued Expenses $413K -- -- -- --
Current Portion Of Long-Term Debt -- $3K -- -- --
Current Portion Of Capital Lease Obligations -- -- $128K $130K $134K
Other Current Liabilities $210K $332K $275K $300K $794K
Total Current Liabilities $1.9M $2M $1.4M $2.1M $2.8M
 
Long-Term Debt $384K $146K $142K $139K $135K
Capital Leases -- -- -- -- --
Total Liabilities $2.7M $2.6M $1.8M $2.4M $3M
 
Common Stock $95.3M $114.4M $117.9M $122.7M $128.6M
Other Common Equity Adj -$2.8M -$2.8M -$3.4M -$3.4M -$3.4M
Common Equity -- -- -- -- --
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity $23.6M $31.3M $20.1M $14.1M $7.4M
 
Total Liabilities and Equity $26.3M $33.8M $22M $16.5M $10.4M
Cash and Short Terms $5M $14.4M $6.8M $3.1M $1.5M
Total Debt $580K $149K $142K $139K $135K
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 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Net Income to Stockholders -$1.7M -$4.3M -$2.4M -$2.5M -$1.7M
Depreciation & Amoritzation $108K $163K $170K $158K $145K
Stock-Based Compensation $199K $424K $624K $550K $402K
Change in Accounts Receivable $23K $23K -$42K $88K -$16K
Change in Inventories -$162K -$22K -$128K $5K --
Cash From Operations -$2.5M -$2.3M -$1.7M -$1.6M -$996K
 
Capital Expenditures $307K $45K -$98K $55K $81K
Cash Acquisitions -- -- -- -- --
Cash From Investing $941K -$45K $182K $72K -$65K
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued -$580K -- -- -- --
Long-Term Debt Repaid -- -$1K -$1K -$1K -$1K
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -- -- -- -- --
Cash From Financing -$50K $3.4M $102K $2.9M $794K
 
Beginning Cash (CF) $2.7M $13.3M $8.1M $1.7M $1.8M
Foreign Exchange Rate Adjustment $19K $9K -$28K -$10K -$11K
Additions / Reductions -$1.6M $1.1M -$1.4M $1.3M -$267K
Ending Cash (CF) $1.2M $14.4M $6.6M $3M $1.5M
 
Levered Free Cash Flow -$2.8M -$2.3M -$1.6M -$1.7M -$1.1M
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Net Income to Stockholders -$8.3M -$11.4M -$14.1M -$10.8M -$12.6M
Depreciation & Amoritzation $284K $613K $663K $638K $631K
Stock-Based Compensation $774K $842K $3.4M $2M $1.7M
Change in Accounts Receivable -$23K $128K -$51K $40K --
Change in Inventories -$3.6M $1.2M $1.7M $1.1M $1M
Cash From Operations -$10.7M -$8.5M -$7.2M -$6.3M -$4.9M
 
Capital Expenditures $3.7M $455K $691K $662K $624K
Cash Acquisitions -- -- -- -- --
Cash From Investing -$2.6M $3.4M -$578K -$192K -$580K
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid
Long-Term Debt Issued -- -- -- -- --
Long-Term Debt Repaid -- -- -$4K -$3K -$3K
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -- -- -- -- --
Cash From Financing $453K $18.3M $99K $2.9M $4M
 
Beginning Cash (CF) -- -- -- -- --
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions -$12.9M $13.2M -$7.7M -$3.6M -$1.5M
Ending Cash (CF) -- -- -- -- --
 
Levered Free Cash Flow -$14.4M -$9M -$7.9M -$6.9M -$5.5M
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Net Income to Stockholders -$3.5M -$6.1M -$5.2M -$4.5M -$4.1M
Depreciation & Amoritzation $185K $320K $332K $313K $307K
Stock-Based Compensation $365K $549K $1.8M $907K $804K
Change in Accounts Receivable -$134K $36K -$65K -$30K -$5K
Change in Inventories -$2.4M -$20K -$202K $15K $30K
Cash From Operations -$6.5M -$4.2M -$3.9M -$3.1M -$2.7M
 
Capital Expenditures $1.3M $140K $60K $103K $212K
Cash Acquisitions -- -- -- -- --
Cash From Investing -$195K -$140K $24K $67K -$196K
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued -- -- -- -- --
Long-Term Debt Repaid -- -$1K -$2K -$2K -$2K
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -- -- -- -- --
Cash From Financing $530K $4.1M $101K $2.9M $3.3M
 
Beginning Cash (CF) $10M $27.9M $18.5M $4.9M $3M
Foreign Exchange Rate Adjustment $8K -- -$80K -$9K -$9K
Additions / Reductions -$6.1M -$149K -$3.8M -$161K $357K
Ending Cash (CF) $3.9M $27.7M $14.7M $4.7M $3.4M
 
Levered Free Cash Flow -$7.7M -$4.3M -$3.9M -$3.2M -$3M

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