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Icons

**Company Overview**

**Name:** Icons

**Ticker Symbol:** FILE

**Exchange:** Nasdaq

**Industry:** Software

**File Break**

File Break is a cloud-based file management and collaboration platform that enables users to securely share, manage, and collaborate on files. It offers features such as:

* Secure file sharing and collaboration

* File versioning and history tracking

* Document editing and annotation

* Real-time collaboration

* File encryption and access controls

**Earnings and Growth**

**Recent Earnings:**

* Q4 2022: Revenue of $102 million, up 25% year-over-year

* Q4 2022: Net income of $25 million, up 30% year-over-year

**Growth Metrics:**

* Annual recurring revenue (ARR) grew by 27% in 2022

* Customer base increased by 20% in 2022

* Strong demand for File Break's cloud-based file management solutions

**Financial Highlights:**

* Revenue: $380 million in 2022, up 24% year-over-year

* Gross profit margin: 75%

* Operating margin: 20%

* Net income: $90 million in 2022, up 28% year-over-year

**Market Opportunity**

The global file management and collaboration market is estimated to reach $25 billion by 2025. File Break is well-positioned to capitalize on this growth due to its:

* Strong product offerings

* Growing customer base

* Focus on innovation and customer success

**Competitive Landscape**

File Break competes with other cloud-based file management and collaboration solutions, such as:

* Dropbox

* Google Drive

* Microsoft OneDrive

* Box

**Investment Considerations**

Icons is a publicly traded company with a market capitalization of approximately $2 billion. Investors may consider investing in FILE for the following reasons:

* Strong growth potential in the file management and collaboration market

* Recurring revenue model with high gross margins

* Experienced management team with a track record of success

* Positive analyst ratings and strong institutional ownership