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IZM

ICZOOM Group Inc.

IZM

ICZOOM Group Inc. • NASDAQ
$0.98 ▼ -4.85% (-0.05)
Market Cap $11.32 M
52w High $2.74
52w Low $0.92
Dividend Yield 0%
P/E 9.8
Volume 6.90K
Outstanding Shares 11.55M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q2-2025 $90.341M ▲ $2.461M ▼ $780.942K ▲ 0.864% ▲ $0.072 ▲ $587.807K ▲
Q4-2024 $90.213M ▲ $3.995M ▲ $-1.551M ▼ -1.719% ▼ $-0.15 ▼ $-511.452K ▼
Q2-2024 $87.721M ▼ $2.299M ▲ $-721.746K ▼ -0.823% ▼ $-0.07 ▼ $-74.75K ▼
Q4-2023 $94.198M ▼ $2.136M ▼ $824.453K ▼ 0.875% ▲ $0.08 ▼ $400.812K ▼
Q2-2023 $120.208M $2.282M $926.717K 0.771% $0.09 $1.37M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q2-2025 $1.144M ▼ $44.939M ▲ $29.427M ▲ $15.512M ▲
Q4-2024 $2.454M ▲ $39.975M ▼ $24.594M ▼ $15.381M ▼
Q2-2024 $1.126M ▼ $65.07M ▼ $49.404M ▼ $15.666M ▲
Q4-2023 $6.413M ▲ $88.176M ▼ $72.632M ▼ $15.544M ▲
Q2-2023 $867.513K $92.253M $80.904M $11.349M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q2-2025 $780.942K ▲ $1.464M ▼ $-22.279K ▲ $333.684K ▲ $190.898K ▲ $1.448M ▼
Q4-2024 $-1.551M ▼ $3.108M ▲ $-27.56K ▲ $-5.233M ▼ $-1.193M ▼ $3.082M ▲
Q2-2024 $-721.746K ▼ $-1.026M ▲ $-127.888K ▼ $2.987M ▼ $264.474K ▼ $-1.097M ▲
Q4-2023 $824.453K ▼ $-1.847M ▲ $-49.716K ▲ $6.725M ▲ $1.597M ▼ $-1.895M ▲
Q2-2023 $926.717K $-1.905M $-94.51K $2.024M $1.864M $-2.003M

Five-Year Company Overview

Income Statement

Income Statement Revenue has been modest and has actually edged down in the most recent year, which is not yet showing the kind of steady growth you would hope to see from a young technology platform. Profitability is extremely thin: gross profit is small, operating profit is close to break-even, and bottom‑line results have swung from small profits in earlier years to a loss most recently. Earnings per share have been volatile, which underlines that even small changes in costs or revenue can flip results from profit to loss. Overall, the income statement portrays a company still in an early, fragile phase of its growth, with high sensitivity to market conditions and execution.

Balance Sheet

Balance Sheet The balance sheet is very small in absolute terms, reflecting a relatively tiny company. Total assets have stayed roughly flat to slightly lower, suggesting limited expansion of the asset base so far. Cash reserves exist but do not appear especially large, so financial flexibility may be constrained. Debt levels are not high in absolute size but are meaningful relative to the company’s equity, which itself is quite modest. This combination points to a capital structure that can work for an asset‑light model but leaves limited room for prolonged losses or major missteps without seeking additional funding.

Cash Flow

Cash Flow Reported cash flow data are very limited, and figures are effectively around break-even, which fits with the nearly break-even profit profile. For an asset‑light distributor and platform business, the main cash flow risk tends to come from working capital swings—how quickly customers pay versus how quickly suppliers must be paid—rather than from heavy investment spending. With small cash balances and a narrow margin for error, any slowdown in collections or jump in operating costs could put pressure on liquidity. The key unknown is how consistently the business can translate its revenues into actual cash in the bank over time.

Competitive Edge

Competitive Edge ICZOOM operates in a crowded and highly competitive electronics distribution space but has carved out a focused niche serving small and mid‑sized enterprises in China. Its asset‑light, B2B e‑commerce model, along with value‑added logistics and customs services, gives it a differentiated service offering compared with traditional distributors. Network effects—more buyers attracting more suppliers and vice versa—could strengthen its position if the platform continues to scale. However, the company still appears relatively small, faces intense price competition, and operates in a cyclical, fast‑moving electronics market, so its competitive position, while promising in concept, remains in an early and not yet fully proven stage.

Innovation and R&D

Innovation and R&D The company’s main innovation is its proprietary SaaS‑enabled e‑commerce platform that integrates procurement, data analytics, security, and workflow tools for SME customers. Enhancements such as blockchain‑based security, automated analytics, and anonymous transaction matching are designed to increase trust and efficiency, especially in a market where counterfeit risk and information gaps are real issues. ICZOOM is also expanding beyond pure distribution into PCB manufacturing and SMT assembly, aiming to become a broader one‑stop solution for electronics customers. Management signals an ongoing commitment to technology investment and digital transformation for clients. The big question is execution: whether these innovations can scale, deepen customer loyalty, and eventually translate into more stable margins and stronger financial results.

Summary

ICZOOM is a very small, recently listed technology distributor with an asset‑light, platform‑based model targeting an underserved SME segment in China’s electronics market. Financially, revenue has softened in the latest year, profitability is razor‑thin, and results have already swung from modest profits to a loss, all on a balance sheet that offers limited shock‑absorbing capacity. On the strategic side, the company is innovating with a data‑driven SaaS platform, security features, and an expansion into manufacturing services that could broaden its role in the electronics value chain and create network effects. Overall, this is a young, niche player with interesting strategic ideas but still‑fragile financials; its future will largely depend on its ability to scale the platform, stabilize margins, and manage liquidity and working capital carefully in a competitive and cyclical industry.

NEWS

November 12, 2025 · 8:00 AM UTC

ICZOOM Group Inc. Appoints Hantao Cui as Chief Strategy Officer and a Director

Read more