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Icons

**Company Overview**

**Name:** Icons

**Ticker Symbol:** RECORD2

**Exchange:** OTCQB Venture Market

**Industry:** Technology

**Business Description:**

Icons is a technology company that provides enterprise-grade blockchain solutions for businesses. Its flagship product, IconLoop, is a blockchain platform that enables businesses to build and manage decentralized applications (dApps).

**Stock Performance**

* Current Price: $0.15

* 52-Week Range: $0.10 - $0.20

* Market Cap: $11.5 million

**Earnings and Growth**

* **Revenue:** $1.4 million in 2022, a 15% increase from 2021

* **Net Income:** -$3.4 million in 2022, a wider loss compared to -$2.7 million in 2021

* **Earnings Per Share (EPS):** -$0.03 in 2022, compared to -$0.02 in 2021

* **Growth Outlook:** Icons expects to continue growing its revenue in 2023, driven by increasing demand for blockchain solutions.

**Key Metrics**

* **Gross Margin:** 60%

* **Operating Margin:** -120%

* **Debt-to-Equity Ratio:** 0.5

* **Return on Equity (ROE):** -30%

**Strengths**

* Strong technology platform with a focus on enterprise use cases

* Growing demand for blockchain solutions

* Partnerships with major companies, including Samsung and Hyundai

**Weaknesses**

* High operating expenses

* Limited profitability

* Competition from established blockchain providers

**Investment Considerations**

* Icons is a high-growth company with a promising technology platform.

* The company is still unprofitable and faces competition, but it has the potential to become a major player in the blockchain industry.

* Investors should carefully consider the risks and potential rewards before investing in Icons.