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Icons
**Company Name:** Icons
**Stock Symbol:** FILE
**Exchange:** Nasdaq
**Industry:** Information Technology
**Sector:** Software
**Headquarters:** Austin, Texas
**Website:** https://www.icons.com/
**Key Financial Data:**
* **Market Cap:** $1.3 billion (as of March 8, 2023)
* **Revenue (TTM):** $240.4 million
* **Net Income (TTM):** $12.2 million
* **Earnings Per Share (TTM):** $0.42
* **Price-to-Earnings (P/E) Ratio:** 28.57
**Business Overview:**
Icons is a provider of cloud-based enterprise software solutions for the financial services industry. Its products include:
* **Icon Nexus:** A loan origination system (LOS) that automates the loan application process.
* **Icon Origination:** A cloud-based LOS for small business lenders.
* **Icon Analytics:** A data analytics platform that provides insights into loan performance and customer behavior.
**Growth and Earnings:**
* **Revenue Growth (TTM):** 12.4%
* **Earnings Growth (TTM):** 22.2%
* **Analysts' Consensus EPS Estimate for 2023:** $0.53
**Recent Developments:**
* **February 2023:** Announced a partnership with Equifax to integrate its data and analytics into Icon Nexus.
* **January 2023:** Reported fourth-quarter and full-year 2022 financial results, exceeding analysts' expectations.
* **December 2022:** Launched Icon Origination, its cloud-based LOS for small business lenders.
**Strengths:**
* Strong market position in the financial services industry
* Cloud-based solutions that offer flexibility and scalability
* Growing customer base and recurring revenue streams
**Weaknesses:**
* Competition from larger software providers
* Dependence on the financial services industry
* Relatively high valuation compared to peers
**Overall:**
Icons is a growing company in the financial services software market. Its strong product offerings, growing customer base, and recurring revenue streams position it well for continued growth in the future. However, investors should be aware of the company's competitive landscape and valuation.