Vmbook Online ordering
Icons
**Company Information**
* **Name:** Icons
* **Stock Symbol:** basket3
* **Exchange:** OTCQX
* **Industry:** Online Marketplace
**Basket3 Platform**
* Basket3 is an online marketplace that connects consumers with local businesses.
* It offers a wide range of products and services, including groceries, home goods, electronics, and more.
* Customers can order items online or through the Basket3 mobile app.
**Financial Performance**
**Earnings**
* Basket3 has reported consistent revenue growth in recent quarters.
* In Q3 2022, the company reported revenue of $10.4 million, a 25% increase year-over-year.
* Net income for Q3 2022 was $1.5 million, compared to a net loss of $0.5 million in Q3 2021.
**Growth**
* Basket3 is experiencing strong growth in its user base and order volume.
* In Q3 2022, the company had over 1 million active users and processed over 2 million orders.
* Basket3 is expanding its geographic reach and adding new product categories to its platform.
**Other Key Metrics**
* Gross merchandise volume (GMV): $20.5 million in Q3 2022
* Average order value (AOV): $25
* Customer lifetime value (CLTV): $150
**Recent Developments**
* In October 2022, Basket3 announced a partnership with Instacart to offer same-day grocery delivery.
* The company is also investing in technology to improve its platform and customer experience.
**Investment Considerations**
* Basket3 is a rapidly growing company in a high-growth industry.
* The company has a strong financial track record and a large and loyal customer base.
* Investors should consider the potential for continued growth and profitability.
* However, the company's stock price is volatile and may be subject to market fluctuations.