ICCT iCoreConnect Inc. revenue, earnings and financials
For the quarter ended December 31, 2024, iCoreConnect Inc. reported revenue of $2.15M (down 12.4% from a year earlier), net income of −$6.30M and diluted EPS of n/a; over the last four quarters revenue was $10.7M and net income −$31.2M; for the fiscal year ended December 2024 revenue was $10.7M, up 31.8% on the year before.
ICCT annual revenue and earnings
- Fiscal year ended Dec 2024: revenue $10.7M, gross profit $8.25M, operating income −$15.5M, net income −$31.2M (margin -289.9%), EPS −$45.78
- Fiscal year ended Dec 2023: revenue $8.15M, gross profit $6.12M, operating income −$10.3M, net income −$15.6M (margin -190.8%), EPS −$43.32
- Fiscal year ended Dec 2022: revenue $7.99M, gross profit $5.74M, operating income −$4.80M, net income −$6.08M (margin -76.1%), EPS n/a
- Fiscal year ended Dec 2021: revenue n/a, gross profit n/a, operating income −$1.80K, net income −$1.80K (margin n/a), EPS n/a
ICCT quarterly revenue and earnings
- Quarter ended Dec 31, 2024 (from the annual report): revenue $2.15M (down 12.4% year over year), net income −$6.30M, EPS n/a
- Quarter ended Sep 30, 2024: revenue $2.79M (up 39.1% year over year), net income −$8.79M, EPS −$0.81
- Quarter ended Jun 30, 2024: revenue $3.09M (up 66.4% year over year), net income −$10.9M, EPS n/a
- Quarter ended Mar 31, 2024: revenue $2.72M (up 48.0% year over year), net income −$5.17M, EPS n/a
- Quarter ended Dec 31, 2023 (from the annual report): revenue $2.45M, net income −$7.46M, EPS n/a
- Quarter ended Sep 30, 2023: revenue $2.00M (up 6.1% year over year), net income −$3.69M, EPS n/a
- Quarter ended Jun 30, 2023: revenue $1.86M, net income −$2.71M, EPS n/a
- Quarter ended Mar 31, 2023: revenue $1.84M, net income −$1.69M, EPS n/a
- Quarter ended Dec 31, 2022 (from the annual report): revenue n/a, net income −$1.65M, EPS n/a
- Quarter ended Sep 30, 2022: revenue $1.89M, net income −$1.40M, EPS n/a
- Quarter ended Jun 30, 2022: revenue n/a, net income −$1.49M, EPS n/a
- Quarter ended Mar 31, 2022: revenue n/a, net income −$1.54M, EPS n/a
ICCT cash flow, buybacks and dividends
- Fiscal year ended Dec 2024: operating cash flow −$3.23M, share buybacks n/a
- Fiscal year ended Dec 2023: operating cash flow −$8.82M, share buybacks n/a
- Fiscal year ended Dec 2022: operating cash flow −$1.27M, share buybacks n/a
ICCT balance sheet
- Dec 31, 2024: cash $202K, total assets $5.69M, total liabilities $15.5M, shareholders' equity −$9.79M, long-term debt $1.82M
- Sep 30, 2024: cash n/a, total assets $14.2M, total liabilities $17.2M, shareholders' equity −$4.95M, long-term debt $3.14M
- Jun 30, 2024: cash n/a, total assets $17.4M, total liabilities $17.0M, shareholders' equity $411K, long-term debt $2.94M
- Mar 31, 2024: cash n/a, total assets $20.5M, total liabilities $14.4M, shareholders' equity $6.18M, long-term debt $1.20M
- Dec 31, 2023: cash $1.22M, total assets $15.7M, total liabilities $11.2M, shareholders' equity $4.44M, long-term debt $1.42M
- Sep 30, 2023: cash $457K, total assets $16.4M, total liabilities n/a, shareholders' equity $6.40M, long-term debt $0
- Jun 30, 2023: cash $6.28K, total assets $85.9M, total liabilities $2.25M, shareholders' equity −$14.4M
- Mar 31, 2023: cash $229K, total assets $84.6M, total liabilities $988K, shareholders' equity −$12.9M
What is ICCT's revenue?
iCoreConnect Inc. reported $10.7M of revenue over its last four quarters, through December 31, 2024.
Is ICCT profitable?
No. iCoreConnect Inc. lost $31.2M over the last four quarters.