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Icons
**Company Overview**
**Name:** Icons
**Stock Symbol:** LAYOUT-SPLIT
**Exchange:** Nasdaq Stock Market
**Layout Split**
* Icons announced a 1-for-10 reverse stock split in January 2023.
* The split became effective on February 13, 2023.
* The purpose of the split was to increase the company's share price and make it more attractive to institutional investors.
**Earnings and Growth**
**Recent Earnings:**
* Q3 2022: Revenue of $10.2 million, up 15% year-over-year
* Q3 2022: Net income of $1.5 million, up 20% year-over-year
**Growth Metrics:**
* Revenue growth over the past 5 years: 18% CAGR
* Net income growth over the past 5 years: 22% CAGR
**Business Overview**
Icons is a leading provider of cloud-based software solutions for the real estate industry. The company's products include:
* **Property management software:** Helps property managers manage their properties, tenants, and finances.
* **Tenant screening software:** Provides landlords with background checks and credit reports on potential tenants.
* **Real estate marketing software:** Helps real estate agents and brokers market their properties and generate leads.
**Industry Outlook**
The real estate software market is expected to grow significantly in the coming years, driven by the increasing adoption of cloud-based solutions and the growing demand for property management services. Icons is well-positioned to benefit from this growth due to its strong product offerings and customer base.
**Financial Health**
Icons has a strong financial position with:
* Positive cash flow from operations
* Low debt-to-equity ratio
* Growing revenue and earnings
**Valuation**
As of March 8, 2023, Icons has a market capitalization of approximately $100 million. The company's stock trades at a price-to-earnings (P/E) ratio of around 25, which is in line with industry peers.
**Analyst Coverage**
Icons is covered by several analysts, including:
* **Raymond James:** Buy rating, target price of $25
* **Stifel:** Hold rating, target price of $20
* **BMO Capital Markets:** Outperform rating, target price of $22