ICU
Valuation Ratios
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Price to Earnings | -0.29 | -0.37 | -1.46 | |
| Price to Sales | 53.74 | |||
| Book Value Per Common Share | -0.37 | -7.28 | -40.87 | -5.54 |
| Price to Book | -5.31 | -1.52 | -2.51 | |
| Price to Operating Cash Flow | -0.45 | -0.93 | -4.32 | |
| Price to Free Cash Flow | -0.45 | -0.93 | -4.32 | |
| Enterprise Value to EBITDA |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Price to Earnings | -4.38 | -2.37 | -3.77 | -2.16 | -3.87 |
| Price to Sales | 82.61 | 14.29 | 48.82 | 142.65 | 256.63 |
| Book Value Per Common Share | 0.34 | 0.19 | 0.06 | -0.37 | -0.49 |
| Price to Book | 1.70 | 2.21 | 27.21 | -5.31 | -8.75 |
| Price to Operating Cash Flow | -3.91 | -1.60 | -5.39 | -2.03 | -3.48 |
| Price to Free Cash Flow | -3.91 | -1.60 | -5.39 | -2.03 | -3.48 |
| Enterprise Value to EBITDA |
Earnings Data
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Earning YoY | ||||
| Revenue YoY | ||||
| EBITDA YoY | ||||
| Net Profit YoY |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Earning YoY | |||||
| Revenue YoY | -45.86 | 15.36 | 337.31 | -1.47 | |
| EBITDA YoY | |||||
| Net Profit YoY |
Financial Strength
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Cash Per Common Share | 0.49 | 0.20 | 0.14 | 1.00 |
| Quick Ratio | 0.28 | 0.00 | 0.18 | |
| Current Ratio | 0.55 | 0.18 | 0.09 | 0.19 |
| Debt to Equity | -3.13 | -1.25 | -1.15 | -1.21 |
| Long-Term Debt to Equity | -0.31 | -0.37 | -0.11 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Cash Per Common Share | 0.52 | 0.56 | 0.61 | 0.37 | 0.51 |
| Quick Ratio | 3.44 | 1.29 | 0.77 | 0.28 | 0.32 |
| Current Ratio | 3.66 | 1.52 | 0.96 | 0.55 | 0.54 |
| Debt to Equity | 0.35 | 1.51 | 12.45 | -3.13 | -3.23 |
| Long-Term Debt to Equity |
Profitability
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| ROA | -533.06 | -746.71 | -401.25 | -762.19 |
| ROE | 1137.43 | 189.13 | 58.71 | 163.21 |
| Gross Margin | 100.00 | |||
| Operating Margin | -18209.63 | |||
| EBITDA Margin | -18209.63 | |||
| Net Profit Margin | -18392.59 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| ROA | -22.36 | -23.88 | -49.65 | -94.87 | -97.65 |
| ROE | -30.29 | -59.92 | -667.61 | 202.43 | 218.23 |
| Gross Margin | 92.35 | 92.01 | 100.00 | 100.00 | 100.00 |
| Operating Margin | -1897.27 | -589.65 | -1282.59 | -6973.13 | -6185.29 |
| EBITDA Margin | -1897.27 | -589.65 | -1282.59 | -6973.13 | -6185.29 |
| Net Profit Margin | -1897.27 | -592.31 | -1287.37 | -6595.52 | -6585.29 |
Dividends
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Dividend Yield | ||||
| Dividend Payout Ratio |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Dividend Yield | |||||
| Dividend Payout Ratio |
Financial Statements
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Assets | 4,658.00 | 3,513.00 | 3,038.00 | 603.00 |
| Current Assets | 3,766.00 | 2,308.00 | 1,519.00 | 601.00 |
| Cash and Short-Term Investments | 1,819.00 | 176.00 | 47.00 | 510.00 |
| Cash and Cash Equivalents | 1,819.00 | 176.00 | 47.00 | 510.00 |
| Short-Term Investments | 0 | 0 | 0 | 0 |
| Net Receivables | 112.00 | 0 | 12.00 | 58.00 |
| Inventory | 0 | 0 | 0 | 0 |
| Other Current Assets | 0 | 0 | 0 | 33.00 |
| Non-Current Assets | 892.00 | 1,205.00 | 1,519.00 | 2.00 |
| Property, Plant, Equipment Net | 0 | 0 | 0 | 0 |
| Goodwill | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 |
| Non-Current Deferred Assets | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 892.00 | 1,205.00 | 1,519.00 | 2.00 |
| Liabilities | 6,841.00 | 17,383.00 | 23,800.00 | 3,419.00 |
| Current Liabilities | 6,841.00 | 13,046.00 | 16,148.00 | 3,120.00 |
| Payables and Expenses | 6,234.00 | 5,895.00 | 4,172.00 | 271.00 |
| Account Payables | 3,046.00 | 4,372.00 | 1,927.00 | 85.00 |
| Current Accrued Liabilities | 3,188.00 | 1,523.00 | 2,245.00 | 186.00 |
| Short-Term Debt | 574.00 | 4,744.00 | 1,178.00 | 2,378.00 |
| Other Current Liabilities | 33.00 | 2,407.00 | 10,798.00 | 471.00 |
| Non-Current Liabilities | 0 | 4,337.00 | 7,652.00 | 299.00 |
| Long-Term Debt | 0 | 4,337.00 | 7,652.00 | 244.00 |
| Other Non-Current Liabilities | 0 | 0.00 | 0.00 | 55.00 |
| Equity | -2,183.00 | -13,870.00 | -20,762.00 | -2,816.00 |
| Shareholders Equity | -2,183.00 | -13,870.00 | -20,762.00 | -2,816.00 |
| Capital Stock | 2.00 | 1.00 | 1.00 | 1.00 |
| Share Premium | 137,379.00 | 100,863.00 | 67,739.00 | 73,495.00 |
| Retained Earnings | -139,564.00 | -114,734.00 | -88,502.00 | -76,312.00 |
| Treasury Shares | 0 | 0 | 0 | 0 |
| Accumulated Other Comprehensive Income | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 |
| Debt | 574.00 | 9,081.00 | 8,830.00 | 2,622.00 |
| Net Debt | 0 | 8,905.00 | 8,783.00 | 2,112.00 |
| Common Shares Outstanding | 5,977.25 | 1,904.61 | 507.99 | 507.99 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Revenues | 135.00 | 0 | 0 | 0 |
| Interest Income | 101.00 | 0 | 0 | 0 |
| Interest Expense | 244.00 | 1,081.00 | 630.00 | 212.00 |
| Non-Interest Expense | 8,872.00 | 8,237.00 | 6,916.00 | 1,683.00 |
| Gross Profit | 135.00 | 0 | 0 | 0 |
| Operating Expenses | 17,977.00 | 14,210.00 | 11,609.00 | 4,449.00 |
| Selling, General and Administrative Expenses | 8,872.00 | 8,237.00 | 6,916.00 | 1,683.00 |
| Research and Development Expenses | 9,105.00 | 5,973.00 | 2,503.00 | 2,766.00 |
| Other Operating Expenses | 0 | 0 | 2,190.00 | 0 |
| Operating Income | -17,842.00 | -14,210.00 | -11,609.00 | -4,449.00 |
| Net Non-Operating Income | -6,145.00 | -5,229.00 | 0 | 91.00 |
| EBT | -24,827.00 | -26,232.00 | -12,189.00 | -4,597.00 |
| Income Tax | 3.00 | 0 | 1.00 | -1.00 |
| Net Income Including Non-Controlling Interests | -24,830.00 | -26,232.00 | -12,190.00 | -4,596.00 |
| Net Income | -24,830.00 | -26,232.00 | -12,190.00 | -4,596.00 |
| EBIT | -24,583.00 | -25,151.00 | -11,559.00 | -4,385.00 |
| EBITDA | -24,583.00 | -25,151.00 | -11,559.00 | -4,385.00 |
| EPS | -0.01 | -0.03 | -0.07 | -0.01 |
| Diluted EPS | -0.01 | -0.03 | -0.07 | -0.01 |
| Average Shares Outstanding Basic | 3,743.55 | 866.81 | 328.45 | 507.99 |
| Average Shares Outstanding Diluted | 3,743.55 | 866.81 | 328.45 | 507.99 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Operating Cash Flow | -16,007.00 | -10,285.00 | -7,794.00 | -5,114.00 |
| Operating Net Income | -24,830.00 | -26,232.00 | -12,190.00 | -4,596.00 |
| Deprecation and Amortization | 0 | 0 | 0 | 0 |
| Deferred Income Tax | 0 | 0 | 0 | 0 |
| Share Based Compensation | 887.00 | 1,930.00 | 1,311.00 | 14.00 |
| Change in Working Capital | 992.00 | 2,877.00 | 2,552.00 | -680.00 |
| Other Operating Activities | 6,944.00 | 11,140.00 | 533.00 | 148.00 |
| Investing Cash Flow | 0 | 0 | 0 | 0 |
| Capital Expenditure | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of PPE | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of Investments Net | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of Business | 0 | 0 | 0 | 0 |
| Other Investing Activities | 0 | 0 | 0 | 0 |
| Financing Cash Flow | 17,650.00 | 10,414.00 | 7,331.00 | 2,817.00 |
| Net Issuance/Repayment of Debt | -4,410.00 | 3,530.00 | 3,481.00 | 2,817.00 |
| Net Issuance/Repurchase of Equity | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 |
| Other Financing Activities | 0 | 0 | 0 | 0.00 |
| Net Change in Cash | 1,643.00 | 129.00 | -463.00 | -2,297.00 |
| Cash at Beginning of Period | 176.00 | 47.00 | 510.00 | 2,807.00 |
| Cash at End of Period | 1,819.00 | 176.00 | 47.00 | 510.00 |
| Free Cash Flow | -16,007.00 | -10,285.00 | -7,794.00 | -5,114.00 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Assets | 15,530.00 | 8,383.00 | 7,597.00 | 4,658.00 | 4,586.00 |
| Current Assets | 14,874.00 | 7,647.00 | 6,784.00 | 3,766.00 | 3,616.00 |
| Cash and Short-Term Investments | 13,763.00 | 6,302.00 | 5,296.00 | 1,819.00 | 2,082.00 |
| Cash and Cash Equivalents | 13,763.00 | 6,302.00 | 5,296.00 | 1,819.00 | 2,082.00 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 221.00 | 217.00 | 110.00 | 112.00 | 68.00 |
| Inventory | 83.00 | 77.00 | 44.00 | 0 | 0 |
| Other Current Assets | 807.00 | 1,051.00 | 1,334.00 | 0 | 0 |
| Non-Current Assets | 656.00 | 736.00 | 813.00 | 892.00 | 970.00 |
| Property, Plant, Equipment Net | 0 | 0 | 0 | 0 | 0 |
| Goodwill | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 |
| Non-Current Deferred Assets | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 656.00 | 736.00 | 813.00 | 892.00 | 970.00 |
| Liabilities | 4,066.00 | 5,042.00 | 7,032.00 | 6,841.00 | 6,638.00 |
| Current Liabilities | 4,066.00 | 5,042.00 | 7,032.00 | 6,841.00 | 6,638.00 |
| Payables and Expenses | 4,065.00 | 5,041.00 | 6,652.00 | 6,234.00 | 4,794.00 |
| Account Payables | 2,018.00 | 3,158.00 | 3,397.00 | 3,046.00 | 3,687.00 |
| Current Accrued Liabilities | 2,047.00 | 1,883.00 | 3,255.00 | 3,188.00 | 1,107.00 |
| Short-Term Debt | 0 | 0 | 363.00 | 574.00 | 0 |
| Other Current Liabilities | 0 | 0 | 17.00 | 33.00 | 0 |
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 | 0 |
| Equity | 11,464.00 | 3,341.00 | 565.00 | -2,183.00 | -2,052.00 |
| Shareholders Equity | 11,464.00 | 3,341.00 | 565.00 | -2,183.00 | -2,052.00 |
| Capital Stock | 3.00 | 2.00 | 2.00 | 2.00 | 1.00 |
| Share Premium | 160,271.00 | 148,677.00 | 143,899.00 | 137,379.00 | 133,092.00 |
| Retained Earnings | -148,810.00 | -145,338.00 | -143,336.00 | -139,564.00 | -135,145.00 |
| Treasury Shares | 0 | 0 | 0 | 0 | 0 |
| Accumulated Other Comprehensive Income | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 |
| Debt | 0 | 0 | 363.00 | 574.00 | 0 |
| Common Shares Outstanding | 34,096.42 | 17,343.27 | 9,257.76 | 5,977.25 | 4,214.40 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Revenues | 183.00 | 338.00 | 293.00 | 67.00 | 68.00 |
| Cost Of Revenue | 14.00 | 27.00 | 0 | 0 | 0 |
| Interest Income | 107.00 | 45.00 | 48.00 | 19.00 | 58.00 |
| Interest Expense | 0 | 9.00 | 11.00 | -253.00 | 272.00 |
| Non-Interest Expense | 1,898.00 | 1,030.00 | 1,684.00 | 2,096.00 | 2,188.00 |
| Gross Profit | 169.00 | 311.00 | 293.00 | 67.00 | 68.00 |
| Operating Expenses | 3,748.00 | 2,067.00 | 4,115.00 | 4,834.00 | 4,524.00 |
| Selling, General and Administrative Expenses | 1,898.00 | 1,030.00 | 1,684.00 | 2,096.00 | 2,188.00 |
| Research and Development Expenses | 1,850.00 | 1,037.00 | 2,431.00 | 2,738.00 | 2,336.00 |
| Operating Income | -3,579.00 | -1,756.00 | -3,822.00 | -4,767.00 | -4,456.00 |
| EBT | -3,472.00 | -2,002.00 | -3,769.00 | -4,419.00 | -4,478.00 |
| Income Tax | 0 | 0 | 3.00 | 0 | 0 |
| Net Income Including Non-Controlling Interests | -3,472.00 | -2,002.00 | -3,772.00 | -4,419.00 | -4,478.00 |
| Net Income | -3,472.00 | -2,002.00 | -3,772.00 | -4,419.00 | -4,478.00 |
| EBIT | -3,472.00 | -1,993.00 | -3,758.00 | -4,672.00 | -4,206.00 |
| EBITDA | -3,472.00 | -1,993.00 | -3,758.00 | -4,672.00 | -4,206.00 |
| EPS | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 |
| Diluted EPS | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 |
| Average Shares Outstanding Basic | 26,393.40 | 11,329.52 | 8,617.93 | 4,920.16 | 4,086.87 |
| Average Shares Outstanding Diluted | 26,393.40 | 11,329.52 | 8,617.93 | 4,920.16 | 4,086.87 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Operating Cash Flow | -3,844.00 | -3,007.00 | -2,654.00 | -4,693.00 | -5,002.00 |
| Operating Net Income | -3,472.00 | -2,002.00 | -3,772.00 | -4,419.00 | -4,478.00 |
| Deprecation and Amortization | 0 | 0 | 0 | 0 | 0 |
| Deferred Income Tax | 0 | 0 | 0 | 0 | 0 |
| Share Based Compensation | 290.00 | 97.00 | 167.00 | 212.00 | 200.00 |
| Change in Working Capital | -662.00 | -1,391.00 | 956.00 | -410.00 | -576.00 |
| Other Operating Activities | 0.00 | 289.00 | -5.00 | -76.00 | -148.00 |
| Investing Cash Flow | 0 | 0 | 0 | 0 | 0 |
| Capital Expenditure | 0 | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of PPE | 0 | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of Investments Net | 0 | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of Business | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | 0 | 0 | 0 | 0 | 0 |
| Financing Cash Flow | 11,305.00 | 4,013.00 | 6,131.00 | 4,430.00 | 5,905.00 |
| Net Issuance/Repayment of Debt | 0 | -370.00 | -222.00 | 571.00 | -3,185.00 |
| Net Issuance/Repurchase of Equity | 9,183.00 | 3,588.00 | 1,566.00 | 3,859.00 | 9,090.00 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | 2,122.00 | 795.00 | 4,787.00 | 0.00 | 0.00 |
| Net Change in Cash | 7,461.00 | 1,006.00 | 3,477.00 | -263.00 | 903.00 |
| Cash at Beginning of Period | 6,302.00 | 5,296.00 | 1,819.00 | 2,082.00 | 1,179.00 |
| Cash at End of Period | 13,763.00 | 6,302.00 | 5,296.00 | 1,819.00 | 2,082.00 |
| Free Cash Flow | -3,844.00 | -3,007.00 | -2,654.00 | -4,693.00 | -5,002.00 |