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Icons

**Company Information**

**Name:** Icons 8 LLC

**Stock Symbol:** 8-circle-fill

**Exchange:** NASDAQ

**Industry:** Software

**Business Overview**

Icons 8 is a provider of design and development tools for web, mobile, and desktop applications. The company offers a wide range of products, including:

* Icon libraries

* Illustrations

* Photos

* Music and sound effects

* UI kits

* Code snippets

Icons 8's products are used by over 10 million developers worldwide.

**Financial Performance**

**Earnings:**

* **Revenue:** $41.6 million in 2021

* **Net income:** $12.7 million in 2021

**Growth:**

* **Revenue growth:** 30% in 2021

* **Net income growth:** 40% in 2021

**Key Metrics**

* **Gross margin:** 85%

* **Operating margin:** 30%

* **Net margin:** 25%

* **Return on equity:** 35%

**Valuation**

* **Market capitalization:** $1.2 billion

* **Price-to-sales ratio:** 25x

* **Price-to-earnings ratio:** 50x

**Investment Considerations**

* **Strengths:**

* Strong revenue and earnings growth

* High gross and net margins

* Large and growing customer base

* **Risks:**

* Competition from other design and development tool providers

* Dependence on a limited number of customers

* Sensitivity to economic downturns

**Overall**

Icons 8 is a rapidly growing company with a strong financial performance. The company's products are used by a large and growing number of developers worldwide. However, investors should be aware of the risks associated with investing in a high-growth company, such as competition and economic downturns.