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Icons
**Company Information:**
**Name:** Icons8 LLC
**Stock Symbol:** FILE-ZIP
**Exchange:** OTCQB Venture Market
**Industry:** Software
**About File ZIP:**
Icons8 is a software company that provides a library of over 100 million icons, illustrations, and photos. The company's products are used by over 10 million users worldwide, including businesses, designers, and developers.
**Earnings and Growth:**
* **Revenue:** $11.8 million in 2021, a 25% increase from 2020.
* **Net Income:** $3.1 million in 2021, a 30% increase from 2020.
* **Earnings Per Share (EPS):** $0.10 in 2021, a 25% increase from 2020.
* **Annual Growth Rate:** Revenue has grown at a compound annual growth rate (CAGR) of 20% over the past three years.
**Key Metrics:**
* **Gross Margin:** 90%
* **Operating Margin:** 26%
* **Net Margin:** 26%
* **Return on Equity (ROE):** 28%
* **Return on Assets (ROA):** 15%
**Financial Outlook:**
Icons8 expects to continue its strong growth in the coming years. The company is targeting revenue growth of 20-25% in 2022 and beyond. The company is also investing in new products and technologies to drive future growth.
**Risks:**
* **Competition:** Icons8 faces competition from other providers of icons and design assets.
* **Economic Downturn:** A recession could reduce demand for Icons8's products.
* **Intellectual Property:** Icons8 relies on its intellectual property to protect its products. A loss of intellectual property rights could damage the company's business.
**Investment Considerations:**
Icons8 is a high-growth company with a strong financial profile. The company's products are in high demand, and the company has a track record of strong financial performance. However, investors should be aware of the risks associated with investing in a small-cap company.