Vmbook Online ordering

Icons

**Company Name:** Icon plc

**Stock Symbol:** ICON (NYSE)

**Industry:** Construction Technology

**Headquarters:** Austin, Texas, USA

**Business Overview:**

Icon is a construction technology company that develops and manufactures advanced construction systems using robotics, software, and 3D printing. It specializes in building affordable, sustainable, and resilient homes and other structures.

**Building Gear:**

* **Vulcan 3D Printer:** A large-scale 3D printer that can construct entire homes and other structures layer by layer using a proprietary concrete material.

* **Robotic Construction System:** A suite of robotic systems that automate tasks such as material handling, framing, and finishing.

* **Software Platform:** A cloud-based platform that integrates design, planning, and construction processes.

**Financial Performance:**

**Revenue:**

* 2022: $152.2 million

* 2021: $100.3 million

**Net Income:**

* 2022: $13.4 million

* 2021: $6.2 million

**Growth:**

* Revenue growth of 51.8% from 2021 to 2022

* Net income growth of 116.1% from 2021 to 2022

**Key Metrics:**

* **Number of Homes Printed:** 250+ as of December 2022

* **Average Construction Time:** 10 days for a 1,800-square-foot home

* **Cost Savings:** Up to 30% compared to traditional construction methods

**Market Outlook:**

Icon operates in a rapidly growing market for construction technology. The global construction market is expected to reach $15.5 trillion by 2027, with a significant portion of that growth driven by advancements in automation and robotics.

**Competitors:**

* Apis Cor

* Mighty Buildings

* Alquist 3D