Lichen International Limited (LICN) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q4'25 | Q2'25 | Q4'24 | Q2'24 | Q4'23 | Q2'23 | Q4'22 | Q2'22 | Q4'21 | Q2'21 | Q4'20 | Q4'19 | Q4'17 | Q2'17 | Q4'16 | Q2'16 | Q4'15 | Q2'15 | Q4'14 |
|---|
| Sales/Revenue | 10.26M | 14.26M | 23.38M | 18.1M | 23.83M | 15.93M | 17.66M | 16.15M | 17.31M | 16.99M | 18M | 15.8M | 12.79M | 12.79M | 10.39M | 10.39M | 7.38M | 7.38M | 4.63M |
| Revenue Growth % | -56.13% | -21.2% | -1.9% | 13.63% | 34.99% | -1.39% | 2% | -4.93% | -3.84% | - | 13.91% | - | 23.09% | 23.09% | 40.78% | 40.78% | 59.3% | - | - |
| Cost of Goods Sold | 7.72M | 7.67M | 8.67M | 7.13M | 9.34M | 6.1M | 7.87M | 5.75M | 8.15M | 5.67M | 6.88M | 6.13M | 3.67M | 3.67M | 2.8M | 2.8M | 2.12M | 2.12M | 1.54M |
| COGS % of Revenue | 75.22% | 53.75% | 37.09% | 39.41% | 39.19% | 38.29% | 44.56% | 35.58% | 47.06% | 33.4% | 38.2% | 38.79% | 28.72% | 28.72% | 26.98% | 26.98% | 28.66% | 28.66% | 33.16% |
| Gross Profit | 2.54M | 6.59M | 14.71M | 10.96M | 14.49M | 9.83M | 9.79M | 10.4M | 9.16M | 11.31M | 11.12M | 9.67M | 9.12M | 9.12M | 7.59M | 7.59M | 5.27M | 5.27M | 3.1M |
| Gross Margin % | 24.78% | 46.25% | 62.91% | 60.59% | 60.81% | 61.71% | 55.44% | 64.42% | 52.94% | 66.6% | 61.8% | 61.21% | 71.28% | 71.28% | 73.02% | 73.02% | 71.34% | 71.34% | 66.84% |
| Gross Profit Growth % | -82.72% | -39.85% | 1.5% | 11.57% | 48.06% | -5.54% | 6.83% | -8.04% | -17.64% | - | 15.02% | - | 20.17% | 20.17% | 44.07% | 44.07% | 70.04% | - | - |
| Operating Expenses | 11.7M | 11.84M | 20.96M | 9.26M | 5.07M | 7.7M | 5.02M | 4.49M | 4.36M | 4.63M | 5.6M | 4.81M | 4.47M | 4.47M | 3.27M | 3.27M | 2.57M | 2.57M | 1.87M |
| OpEx % of Revenue | 114.07% | 83.04% | 89.65% | 51.19% | 21.28% | 48.34% | 28.45% | 27.78% | 25.19% | 27.25% | 31.13% | 30.42% | 34.91% | 34.91% | 31.5% | 31.5% | 34.82% | 34.82% | 40.32% |
| Selling, General & Admin | 11.7M | 11.84M | 20.96M | 9.26M | 5.08M | 6.98M | 4.91M | 4.63M | 4.53M | 4.64M | 5.65M | 4.81M | 4.16M | 4.16M | 3.07M | 3.07M | 2.37M | 2.37M | 1.67M |
| SG&A % of Revenue | 114.07% | 83.04% | 89.65% | 51.19% | 21.34% | 43.8% | 27.81% | 28.7% | 26.2% | 27.33% | 31.37% | 30.42% | 32.49% | 32.49% | 29.59% | 29.59% | 32.14% | 32.14% | 36.12% |
| Research & Development | 0 | 0 | 1.38M | 0 | 1.19M | 0 | 1.06M | 0 | 580K | 500K | 430K | 0 | 310.07K | 310.07K | 198.69K | 198.69K | 198.33K | 198.33K | 194.67K |
| R&D % of Revenue | - | - | 5.9% | - | 4.99% | - | 6% | - | 3.35% | 2.94% | 2.39% | - | 2.42% | 2.42% | 1.91% | 1.91% | 2.69% | 2.69% | 4.2% |
| Other Operating Expenses | 0 | 0 | -1000K | 0 | -1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | -9.16M | -5.25M | -6.25M | 1.7M | 9.41M | 2.85M | 4.88M | 5.77M | 4.63M | 6.67M | 5.48M | 4.86M | 4.65M | 4.65M | 4.31M | 4.31M | 2.7M | 2.7M | 1.23M |
| Operating Margin % | -89.29% | -36.8% | -26.74% | 9.41% | 39.47% | 17.91% | 27.64% | 35.72% | 26.74% | 39.27% | 30.43% | 30.78% | 36.37% | 36.37% | 41.52% | 41.52% | 36.52% | 36.52% | 26.51% |
| Operating Income Growth % | -46.47% | -408.28% | -166.47% | -40.32% | 92.81% | -50.56% | 5.42% | -13.51% | -15.52% | - | 12.62% | - | 7.84% | 7.84% | 60.03% | 60.03% | 119.41% | - | - |
| EBITDA | -6.95M | -3.3M | -3.78M | 2.1M | 9.64M | 3.37M | 5.39M | 5.96M | 4.92M | 7.13M | 5.94M | 5.96M | 4.88M | 4.88M | 4.47M | 4.47M | 2.8M | 2.8M | 1.28M |
| EBITDA Margin % | -67.79% | -23.16% | -16.15% | 11.6% | 40.47% | 21.14% | 30.54% | 36.89% | 28.46% | 41.95% | 32.98% | 37.71% | 38.16% | 38.16% | 42.98% | 42.98% | 37.89% | 37.89% | 27.52% |
| EBITDA Growth % | -84.16% | -257.29% | -139.15% | -37.63% | 78.88% | -43.48% | 9.48% | -16.4% | -17.03% | - | -0.39% | - | 9.27% | 9.27% | 59.71% | 59.71% | 119.29% | - | - |
| D&A (Non-Cash Add-back) | 2.21M | 1.94M | 2.48M | 398K | 238K | 515K | 513K | 188K | 297K | 456K | 458K | 1.09M | 228.61K | 228.61K | 152.63K | 152.63K | 101.03K | 101.03K | 46.74K |
| EBIT | -9.16M | -5.25M | -6.25M | 1.7M | 9.41M | 2.85M | 4.88M | 5.77M | 4.63M | 6.67M | 5.48M | 4.89M | 4.68M | 4.68M | 4.33M | 4.33M | 2.71M | 2.71M | 1.23M |
| Net Interest Income | 135K | 11K | 144K | 19K | 15K | 23K | 32K | 28K | 3K | 25K | 123K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Income | 135K | 11K | 144K | 19K | 15K | 23K | 32K | 28K | 3K | 25K | 123K | 24.5K | 15.76K | 15.76K | 8.88K | 8.88K | 5.81K | 5.81K | 3.25K |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 24.5K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Income/Expense | -3.53M | -3.85M | 314K | 65K | 28K | -699K | -82K | 176K | 177K | 39K | 166K | 2.5K | 29.59K | 29.59K | 11.96K | 11.96K | 14.48K | 14.48K | 3.24K |
| Pretax Income | -12.69M | -9.09M | -5.94M | 1.77M | 9.44M | 2.15M | 4.8M | 5.95M | 4.8M | 6.71M | 5.64M | 4.87M | 4.68M | 4.68M | 4.33M | 4.33M | 2.71M | 2.71M | 1.23M |
| Pretax Margin % | -123.74% | -63.77% | -25.4% | 9.76% | 39.59% | 13.52% | 27.17% | 36.81% | 27.76% | 39.49% | 31.36% | 30.8% | 36.6% | 36.6% | 41.63% | 41.63% | 36.72% | 36.72% | 26.58% |
| Income Tax | -88K | 88K | 948K | 1M | 2.45M | 796K | 1.31M | 1.61M | 1.22M | 1.83M | 1.58M | 1.33M | 1.43M | 1.43M | 1.21M | 1.21M | 730.53K | 730.53K | 320.85K |
| Effective Tax Rate % | 0.69% | -0.97% | -15.96% | 56.59% | 26.01% | 36.97% | 27.31% | 27.15% | 25.33% | 27.35% | 28.01% | 27.36% | 30.53% | 30.53% | 27.97% | 27.97% | 26.95% | 26.95% | 26.05% |
| Net Income | -12.61M | -9.36M | -6.91M | 767K | 6.98M | 1.36M | 3.49M | 4.33M | 3.59M | 4.87M | 4.06M | 3.54M | 3.25M | 3.25M | 2.91M | 2.91M | 1.98M | 1.98M | 911.44K |
| Net Margin % | -122.89% | -65.61% | -29.54% | 4.24% | 29.29% | 8.52% | 19.75% | 26.82% | 20.73% | 28.69% | 22.57% | 22.37% | 25.43% | 25.43% | 28% | 28% | 26.85% | 26.85% | 19.67% |
| Net Income Growth % | -82.54% | -1319.82% | -198.93% | -43.48% | 100.2% | -68.67% | -2.81% | -11.14% | -11.69% | - | 14.94% | - | 11.8% | 11.8% | 46.82% | 46.82% | 117.43% | - | - |
| Net Income (Continuing) | -12.61M | -9.18M | -6.89M | 767K | 6.98M | 1.36M | 3.49M | 4.33M | 3.59M | 4.87M | 4.06M | 3.54M | 3.25M | 3.25M | 3.12M | 3.12M | 1.98M | 1.98M | 911.03K |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 2.38M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -2.31K | -4.62K | -2.71K | -806 |
| EPS (Diluted) | -0.77 | -0.60 | -0.46 | 0.05 | 0.26 | 0.05 | 0.16 | 0.19 | 0.16 | 0.22 | 0.18 | 0.13 | 0.12 | 0.12 | 0.10 | 0.10 | 0.07 | 0.07 | 0.03 |
| EPS Growth % | -67.39% | -1262.79% | -276.92% | -2.64% | 67.74% | -72.45% | -2.76% | -12.55% | -11.74% | - | 38.92% | - | 20% | 20% | 42.86% | 42.86% | 122.22% | - | - |
| EPS (Basic) | -0.77 | -0.60 | -0.46 | 0.05 | 0.26 | 0.05 | 0.16 | 0.19 | 0.16 | 0.22 | 0.18 | 0.13 | 0.12 | 0.12 | 0.10 | 0.10 | 0.07 | 0.07 | 0.03 |
| Diluted Shares Outstanding | 16.33M | 15.6M | 14.87M | 14.87M | 26.51M | 25.64M | 22.5M | 22.5M | 22.5M | 22.5M | 22.5M | 28.75M | 28.75M | 28.75M | 28.75M | 28.75M | 28.75M | 28.75M | 28.75M |
| Basic Shares Outstanding | 16.33M | 15.6M | 14.87M | 14.87M | 26.51M | 25.64M | 22.5M | 22.5M | 22.5M | 22.5M | 22.5M | 28.75M | 28.75M | 28.75M | 28.75M | 28.75M | 28.75M | 28.75M | 28.75M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | 2.02% | 102.52% | - | - | 51.73% | 51.73% | - | - | - |