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IGC Quote, Financials, Valuation and Earnings

Last price:
$0.35
Seasonality move :
82.76%
Day range:
$0.32 - $0.35
52-week range:
$0.25 - $0.50
Dividend yield:
0%
P/E ratio:
--
P/S ratio:
20.11x
P/B ratio:
4.43x
Volume:
2.2M
Avg. volume:
4.8M
1-year change:
-25.61%
Market cap:
$28M
Revenue:
$1.3M
EPS (TTM):
-$0.11
Period Ending 2021-03-31 2022-03-31 2023-03-31 2024-03-31 2025-03-31
Revenue $898K $397K $911K $1.3M $1.3M
Revenue Growth (YoY) -77.95% -55.79% 129.47% 47.64% -5.5%
 
Cost of Revenues $785K $203K $469K $612K $652K
Gross Profit $113K $194K $442K $733K $619K
Gross Profit Margin 12.58% 48.87% 48.52% 54.5% 48.7%
 
R&D Expenses $929K $2.3M $3.5M $3.8M $3.7M
Selling, General & Admin $7.9M $13.3M $8.6M $6.8M $4.4M
Other Inc / (Exp) -$87K $412K $65K -$3.2M $325K
Operating Expenses $8.8M $15.6M $12M $10.5M $8.1M
Operating Income -$8.7M -$15.4M -$11.6M -$9.8M -$7.4M
 
Net Interest Expenses -- -- -- -- --
EBT. Incl. Unusual Items -$8.8M -$15M -$11.5M -$13M -$7.1M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- --
Net Income to Company -$8.8M -$15M -$11.5M -$13M -$7.1M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$8.8M -$15M -$11.5M -$13M -$7.1M
 
Basic EPS (Cont. Ops) -$0.21 -$0.30 -$0.22 -$0.22 -$0.09
Diluted EPS (Cont. Ops) -$0.21 -$0.30 -$0.22 -$0.22 -$0.09
Weighted Average Basic Share $42M $50M $52.6M $58.8M $76.5M
Weighted Average Diluted Share $42M $50M $52.6M $58.8M $76.5M
 
EBITDA -$8.2M -$14.8M -$10.9M -$9.2M -$6.8M
EBIT -$8.7M -$15.4M -$11.6M -$9.8M -$7.4M
 
Revenue (Reported) $898K $397K $911K $1.3M $1.3M
Operating Income (Reported) -$8.7M -$15.4M -$11.6M -$9.8M -$7.4M
Operating Income (Adjusted) -$8.7M -$15.4M -$11.6M -$9.8M -$7.4M
Period Ending 2021-03-31 2022-03-31 2023-03-31 2024-03-31 2025-03-31
Revenue $81K $122K $166K $295K $330K
Revenue Growth (YoY) 179.31% 50.62% 36.07% 77.71% 11.86%
 
Cost of Revenues $54K $54K $103K $124K $176K
Gross Profit $27K $68K $63K $171K $154K
Gross Profit Margin 33.33% 55.74% 37.95% 57.97% 46.67%
 
R&D Expenses $334K $1.2M $493K $855K $997K
Selling, General & Admin $2.5M $5.3M $3.6M $1.5M $569K
Other Inc / (Exp) -$158K -$2K $9K -$715K $215K
Operating Expenses $2.8M $6.6M $4.1M $2.3M $1.6M
Operating Income -$2.8M -$6.5M -$4M -$2.2M -$1.4M
 
Net Interest Expenses -- -- -- -- --
EBT. Incl. Unusual Items -$2.9M -$6.5M -$4M -$2.9M -$1.2M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- --
Net Income to Company -$2.9M -$6.5M -$4M -$2.9M -$1.2M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$2.9M -$6.5M -$4M -$2.9M -$1.2M
 
Basic EPS (Cont. Ops) -$0.07 -$0.12 -$0.08 -$0.04 -$0.01
Diluted EPS (Cont. Ops) -$0.07 -$0.12 -$0.08 -$0.04 -$0.01
Weighted Average Basic Share $45.1M $51M $53.1M $64.2M $79.6M
Weighted Average Diluted Share $45.1M $51M $53.1M $64.2M $79.6M
 
EBITDA -$2.6M -$6.3M -$3.9M -$2M -$1.3M
EBIT -$2.8M -$6.5M -$4M -$2.2M -$1.4M
 
Revenue (Reported) $81K $122K $166K $295K $330K
Operating Income (Reported) -$2.8M -$6.5M -$4M -$2.2M -$1.4M
Operating Income (Adjusted) -$2.8M -$6.5M -$4M -$2.2M -$1.4M
Period Ending 2021-03-31 2022-03-31 2023-03-31 2024-03-31 2025-03-31
Revenue $898K $397K $912K $1.3M $1.3M
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues $785K $203K $470K $612K $652K
Gross Profit $113K $194K $442K $733K $619K
Gross Profit Margin -- -- -- -- --
 
R&D Expenses $929K $2.3M $3.5M $3.8M $3.7M
Selling, General & Admin $7.9M $13.3M $8.6M $6.8M $4.4M
Other Inc / (Exp) -$87K $412K $101K -$3.2M $325K
Operating Expenses $8.8M $15.6M $12M $10.5M $8.1M
Operating Income -$8.7M -$15.4M -$11.6M -$9.8M -$7.4M
 
Net Interest Expenses -- -- -- -- --
EBT. Incl. Unusual Items -$8.8M -$15M -$11.5M -$13M -$7.1M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- --
Net Income to Company -$8.8M -$15M -$11.5M -$13M -$7.1M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$8.8M -$15M -$11.5M -$13M -$7.1M
 
Basic EPS (Cont. Ops) -$0.22 -$0.30 -$0.22 -$0.22 -$0.08
Diluted EPS (Cont. Ops) -$0.22 -$0.30 -$0.22 -$0.22 -$0.08
Weighted Average Basic Share
Weighted Average Diluted Share
 
EBITDA -$8.2M -$14.8M -$11M -$9.2M -$6.8M
EBIT -$8.7M -$15.4M -$11.6M -$9.8M -$7.4M
 
Revenue (Reported) $898K $397K $912K $1.3M $1.3M
Operating Income (Reported) -$8.7M -$15.4M -$11.6M -$9.8M -$7.4M
Operating Income (Adjusted) -$8.7M -$15.4M -$11.6M -$9.8M -$7.4M
Period Ending 2022-03-31 2023-03-31 2024-03-31 2025-03-31 2026-03-31
Revenue $397K $912K $1.3M $1.3M --
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues $203K $470K $612K $652K --
Gross Profit $194K $442K $733K $619K --
Gross Profit Margin -- -- -- -- --
 
R&D Expenses $2.3M $3.5M $3.8M $3.7M --
Selling, General & Admin $13.3M $8.6M $6.8M $4.4M --
Other Inc / (Exp) $412K $101K -$3.2M $325K --
Operating Expenses $15.6M $12M $10.5M $8.1M --
Operating Income -$15.4M -$11.6M -$9.8M -$7.4M --
 
Net Interest Expenses -- -- -- -- --
EBT. Incl. Unusual Items -$15M -$11.5M -$13M -$7.1M --
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense -- -- -- -- --
Net Income to Company -$15M -$11.5M -$13M -$7.1M --
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items -$15M -$11.5M -$13M -$7.1M --
 
Basic EPS (Cont. Ops) -$0.30 -$0.22 -$0.22 -$0.08 --
Diluted EPS (Cont. Ops) -$0.30 -$0.22 -$0.22 -$0.08 --
Weighted Average Basic Share $199.9M $209.9M $235.3M $306M --
Weighted Average Diluted Share $199.9M $209.9M $235.3M $306M --
 
EBITDA -$14.8M -$11M -$9.2M -$6.8M --
EBIT -$15.4M -$11.6M -$9.8M -$7.4M --
 
Revenue (Reported) $397K $912K $1.3M $1.3M --
Operating Income (Reported) -$15.4M -$11.6M -$9.8M -$7.4M --
Operating Income (Adjusted) -$15.4M -$11.6M -$9.8M -$7.4M --
Period Ending 2021-03-31 2022-03-31 2023-03-31 2024-03-31 2025-03-31
Cash and Equivalents $14.5M $10.5M $3.2M $1.2M $405K
Short Term Investments $80K -- $154K -- --
Accounts Receivable, Net $175K $125K $107K $39K $34K
Inventory $5.5M $3.5M $2.7M $1.5M $1.4M
Prepaid Expenses $1.3M $170K $72K $41K $10K
Other Current Assets $196K $336K $262K $115K $342K
Total Current Assets $23.5M $15.1M $6.5M $3.7M $2.9M
 
Property Plant And Equipment $11.3M $9.9M $8.5M $3.9M $3.3M
Long-Term Investments $12K -- -- -- --
Goodwill -- -- -- -- --
Other Intangibles $407K $917K $1.2M $1.6M $1.9M
Other Long-Term Assets -- -- -- -- --
Total Assets $35.9M $26.8M $17.2M $9.9M $8.7M
 
Accounts Payable $476K $981K $530K $773K $883K
Accrued Expenses -- -- -- -- --
Current Portion Of Long-Term Debt -- -- -- -- --
Current Portion Of Capital Lease Obligations -- $123K $133K $124K $94K
Other Current Liabilities $430K $180K $358K $419K $1M
Total Current Liabilities $2.4M $2.4M $1.9M $2.3M $2.3M
 
Long-Term Debt $276K $144K $141K $137K $134K
Capital Leases -- -- -- -- --
Total Liabilities $3.1M $2.9M $2.3M $2.6M $2.4M
 
Common Stock $109.7M $116M $119M $124.4M $130.6M
Other Common Equity Adj -$2.8M -$3M -$3.4M -$3.4M -$3.5M
Common Equity $32.8M $23.9M $14.9M $7.3M $6.3M
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity $32.8M $23.9M $14.9M $7.3M $6.3M
 
Total Liabilities and Equity $35.9M $26.8M $17.2M $9.9M $8.7M
Cash and Short Terms $14.6M $10.5M $3.4M $1.2M $405K
Total Debt $580K $144K $141K $137K $134K
Period Ending 2021-03-31 2022-03-31 2023-03-31 2024-03-31 2025-03-31
Cash and Equivalents $14.5M $10.5M $3.2M $1.2M $405K
Short Term Investments $80K -- $154K -- --
Accounts Receivable, Net $175K $125K $107K $39K $34K
Inventory $5.5M $3.5M $2.7M $1.5M $1.4M
Prepaid Expenses $1.3M $170K $72K $41K $10K
Other Current Assets $196K $336K $262K $115K $342K
Total Current Assets $23.5M $15.1M $6.5M $3.7M $2.9M
 
Property Plant And Equipment $11.3M $9.9M $8.5M $3.9M $3.3M
Long-Term Investments $12K -- -- -- --
Goodwill -- -- -- -- --
Other Intangibles $407K $917K $1.2M $1.6M $1.9M
Other Long-Term Assets -- -- -- -- --
Total Assets $35.9M $26.8M $17.2M $9.9M $8.7M
 
Accounts Payable $476K $981K $530K $773K $883K
Accrued Expenses -- -- -- -- --
Current Portion Of Long-Term Debt -- -- -- -- --
Current Portion Of Capital Lease Obligations -- $123K $133K $124K $94K
Other Current Liabilities $430K $180K $358K $419K $1M
Total Current Liabilities $2.4M $2.4M $1.9M $2.3M $2.3M
 
Long-Term Debt $276K $144K $141K $137K $134K
Capital Leases -- -- -- -- --
Total Liabilities $3.1M $2.9M $2.3M $2.6M $2.4M
 
Common Stock $109.7M $116M $119M $124.4M $130.6M
Other Common Equity Adj -$2.8M -$3M -$3.4M -$3.4M -$3.5M
Common Equity -- -- -- -- --
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -- -- -- -- --
Total Equity $32.8M $23.9M $14.9M $7.3M $6.3M
 
Total Liabilities and Equity $35.9M $26.8M $17.2M $9.9M $8.7M
Cash and Short Terms $14.6M $10.5M $3.4M $1.2M $405K
Total Debt $580K $144K $141K $137K $134K
Period Ending 2021-03-31 2022-03-31 2023-03-31 2024-03-31 2025-03-31
Net Income to Stockholders -$8.8M -$15M -$11.5M -$13M -$7.1M
Depreciation & Amoritzation $478K $651K $657K $637K $618K
Stock-Based Compensation $658K $2.2M $2.8M $1.8M $1.6M
Change in Accounts Receivable -$42K $50K $5K -$25K -$8K
Change in Inventories -$1.2M $1.9M $897K $1M $180K
Cash From Operations -$10.8M -$7.5M -$7M -$5.2M -$4.8M
 
Capital Expenditures $1.6M $771K $619K $515K $482K
Cash Acquisitions -- -- -- -- --
Cash From Investing $3.4M -$742K -$235K -$317K -$442K
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid
Long-Term Debt Issued -- -- -- -- --
Long-Term Debt Repaid -- -$3K -$3K -$3K -$3K
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -- -- -- -- --
Cash From Financing $14.7M $4.1M $100K $3.5M $4.5M
 
Beginning Cash (CF) $7.3M $14.5M $10.5M $3.2M $1.2M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $7.3M -$4.1M -$7.2M -$2M -$786K
Ending Cash (CF) $14.5M $10.5M $3.2M $1.2M $405K
 
Levered Free Cash Flow -$12.4M -$8.2M -$7.7M -$5.7M -$5.3M
Period Ending 2021-03-31 2022-03-31 2023-03-31 2024-03-31 2025-03-31
Net Income to Stockholders -$2.9M -$6.5M -$4M -$2.9M -$1.2M
Depreciation & Amoritzation $166K $165K $153K $164K $154K
Stock-Based Compensation $135K $1.1M $583K $340K $455K
Change in Accounts Receivable $51K $39K $132K -$39K $2K
Change in Inventories -$322K $1.9M $1.1M $1M $73K
Cash From Operations -$2.5M -$887K -$1.5M -$526K -$730K
 
Capital Expenditures $119K $582K $170K $325K $166K
Cash Acquisitions -- -- -- -- --
Cash From Investing $1.9M -$553K -$242K -$323K -$142K
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued -- -- -- -- --
Long-Term Debt Repaid -- -$1K -$1K -- --
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -- -- -- -- --
Cash From Financing $14.2M -$1K -$1K $667K $805K
 
Beginning Cash (CF) $968K $11.9M $4.9M $1.4M $470K
Foreign Exchange Rate Adjustment -$1K -$40K $11K $2K $2K
Additions / Reductions $13.6M -$1.4M -$1.8M -$182K -$67K
Ending Cash (CF) $14.5M $10.5M $3.2M $1.2M $405K
 
Levered Free Cash Flow -$2.6M -$1.5M -$1.7M -$851K -$896K
Period Ending 2021-03-31 2022-03-31 2023-03-31 2024-03-31 2025-03-31
Net Income to Stockholders -$8.8M -$15M -$11.5M -$13M -$7.1M
Depreciation & Amoritzation $478K $651K $657K $637K $618K
Stock-Based Compensation $658K $2.2M $2.8M $1.8M $1.6M
Change in Accounts Receivable -$42K $50K $5K -$25K -$8K
Change in Inventories -$1.2M $1.9M $897K $1M $180K
Cash From Operations -$10.8M -$7.5M -$7M -$5.2M -$4.8M
 
Capital Expenditures $1.6M $771K $619K $515K $482K
Cash Acquisitions -- -- -- -- --
Cash From Investing $3.4M -$742K -$235K -$317K -$442K
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid
Long-Term Debt Issued -- -- -- -- --
Long-Term Debt Repaid -- -- -$3K -$3K -$3K
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -- -- -- -- --
Cash From Financing $14.7M $4.1M $100K $3.5M $4.5M
 
Beginning Cash (CF) -- -- -- -- --
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $7.3M -$4.1M -$7.2M -$2M -$786K
Ending Cash (CF) -- -- -- -- --
 
Levered Free Cash Flow -$12.4M -$8.2M -$7.7M -$5.7M -$5.3M
Period Ending 2022-03-31 2023-03-31 2024-03-31 2025-03-31 2026-03-31
Net Income to Stockholders -$15M -$11.5M -$13M -$7.1M --
Depreciation & Amoritzation $651K $657K $637K $618K --
Stock-Based Compensation $2.2M $2.8M $1.8M $1.6M --
Change in Accounts Receivable $50K $5K -$25K -$8K --
Change in Inventories $1.9M $897K $1M $180K --
Cash From Operations -$7.5M -$7M -$5.2M -$4.8M --
 
Capital Expenditures $771K $619K $515K $482K --
Cash Acquisitions -- -- -- -- --
Cash From Investing -$742K -$235K -$317K -$442K --
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued -- -- -- -- --
Long-Term Debt Repaid -$3K -$3K -$3K -$3K --
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -- -- -- -- --
Cash From Financing $4.1M $100K $3.5M $4.5M --
 
Beginning Cash (CF) $54.2M $30.1M $9.3M $5M --
Foreign Exchange Rate Adjustment -$26K -$82K -$6K -$7K --
Additions / Reductions -$4.1M -$7.2M -$2M -$786K --
Ending Cash (CF) $50.1M $22.8M $7.3M $4.2M --
 
Levered Free Cash Flow -$8.2M -$7.7M -$5.7M -$5.3M --

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