Stocktoria
Lichen International Ltd LICN
Nasdaq · XNAS · stock · Services-Management Consulting Services · website · IPO 2023-02-06
Chart by TradingView
3/9
Piotroski F — financial health
16.74
Altman Z″ — distress risk · safe
—
Dividend payout · no dividend
Financials & ratios (annual, from 10-K)
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Financials | |||||
| Revenue | $24.5M | $0 | $39.8M | $33.8M | $34.3M |
| Gross profit | $9.1M | $25.7M | $24.3M | $20.2M | $20.5M |
| Operating income | -$18.1M | -$4.6M | $12.3M | $10.6M | $11.3M |
| Net income | -$22.0M | -$6.1M | $8.3M | $7.8M | $8.5M |
| Operating cash flow | $6.6M | -$5.6M | $557,000 | $10.8M | $7.3M |
| Free cash flow | $6.6M | -$5.6M | -$2.6M | $8.8M | $7.3M |
| Total assets | $75.6M | $79.8M | $65.5M | $46.5M | $42.9M |
| Total liabilities | $5.0M | $4.3M | $4.1M | $5.4M | — |
| Shareholders' equity | $70.5M | $73.2M | $61.4M | $41.1M | $36.8M |
| Ratios | |||||
| Gross margin | 37.3% | — | 61.2% | 59.7% | 59.7% |
| Operating margin | -73.7% | — | 30.8% | 31.5% | 32.9% |
| Net margin | -89.6% | — | 21.0% | 23.1% | 24.7% |
| FCF margin | 27.1% | — | -6.7% | 26.1% | 21.2% |
| Return on assets | -29.1% | -7.7% | 12.7% | 16.8% | 19.7% |
| Return on equity | -31.1% | -8.4% | 13.6% | 19.0% | 23.0% |
| Current ratio | 7.73 | 7.96 | 9.81 | 5.21 | 3.91 |
| Revenue growth | — | -100.0% | 17.6% | -1.4% | — |
Why these scores methodology →
Piotroski F-score: 3/9
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″: 16.74 (safe)
- Working capital / assets 0.417
- Retained earnings / assets 0.266
- EBIT / assets -0.239
- Equity / liabilities 14.045
Sector peers
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Source: SEC EDGAR filings · CIK 0001876766 · as of 2025-12-31. Figures are facts from filings plus Stocktoria's own computed scores — not investment advice.