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Icons

**General Information about Icons (TOGGLE)**

**Company Overview:**

* Icons is a publicly traded company listed on the Nasdaq stock exchange under the ticker symbol TOGGLE.

* It is a leading provider of cloud-based software solutions for the hospitality industry.

**Toggle-On Platform:**

* Toggle-On is Icons' flagship product, a cloud-based property management system (PMS) that streamlines hotel operations.

* It includes features such as reservation management, guest check-in/check-out, housekeeping, and revenue management.

**Financial Performance:**

* **Revenue:** Icons' revenue has grown steadily over the past several years. In 2022, it reported revenue of $114.4 million, a 23% increase from 2021.

* **Earnings:** The company has been consistently profitable, with net income of $14.5 million in 2022.

* **Growth:** Icons has experienced strong growth in its customer base, with over 2,500 hotels using Toggle-On as of 2023.

**Key Metrics:**

* **Gross Margin:** 72.5%

* **Operating Margin:** 12.6%

* **Net Income Margin:** 12.7%

* **Return on Equity (ROE):** 20.1%

**Industry Outlook:**

* The global hotel software market is projected to reach $12.5 billion by 2026, driven by the increasing adoption of cloud-based solutions.

* Icons is well-positioned to capitalize on this growth with its innovative Toggle-On platform.

**Competitive Landscape:**

* Icons competes with other cloud-based PMS providers such as Oracle Hospitality, Infor, and Amadeus.

* The company differentiates itself through its focus on the hospitality industry and its user-friendly interface.

**Investment Considerations:**

* Icons is a growing company with a strong financial track record.

* The company's Toggle-On platform is a leading solution in the hospitality software market.

* Investors should consider the company's growth potential and competitive landscape when evaluating its investment prospects.