i Cubed Systems Inc

i Cubed Systems Inc maintains a strong liquidity position, with a current ratio of 3.14 and no long-term debt, indicating a robust balance sheet with ample cash and equivalents of 17.1 billion JPY. The company's debt-to-equity ratio is 0.0, reflecting a conservative capital structure with no leverage.

The company's profitability metrics show a return on equity of 4.27% and a return on assets of 3.3%, which are below the typical thresholds for high-margin IT services firms. This suggests that the company is generating modest returns relative to its equity and asset base.

The company's revenue is concentrated in a single business segment, IT services, with no disclosed geographic diversification. This concentration increases exposure to sector-specific risks and limits the ability to offset downturns in one area with growth in another.

The company's growth trajectory is not clearly defined in the available data, as there are no forward-looking revenue projections or historical growth rates provided. Analyst estimates for the last actual revenue were 3.75 billion JPY, which is lower than the reported revenue of 748 million JPY, suggesting potential discrepancies or reporting inconsistencies.

The company's risk profile is characterized by low liquidity and dilution risks, with no immediate filing-based flags detected. The absence of long-term debt and the high cash reserves further support the low liquidity risk assessment.

Recent events and filings do not indicate any material changes in the company's operations or financial position. The lack of disclosed recent events or transcripts suggests a stable but potentially less dynamic business environment.

Zero long-term debt across all reported periods eliminates interest expense risk and provides a pristine balance sheet.

Free cash flow surged to 578 million JPY in FY2025, reflecting strong cash generation capabilities.

Revenue grew to 3.75 billion JPY in FY2025, showing top-line expansion despite recent volatility.

Four-year revenue CAGR of -4.6% reveals a persistent long-term downward trend in sales growth.

Revenue ¥1.07B, +31,8% YoY; Operating income +64,0% YoY.

• ▍Revenue ¥1.07B, +31,8% YoY
• ▍Operating income +64,0% YoY
• ▍Net income +65,8% YoY
• ▍Net margin 20.5%

Revenue ¥1.06B, +16,9% YoY; Operating income +61,7% YoY.

• ▍Revenue ¥1.06B, +16,9% YoY
• ▍Operating income +61,7% YoY
• ▍Net income +43,8% YoY
• ▍Net margin 20.2%

Revenue ¥1.03B, +33,0% YoY; Operating income +20,7% YoY.

• ▍Revenue ¥1.03B, +33,0% YoY
• ▍Operating income +20,7% YoY
• ▍Net income −5,3% YoY
• ▍Net margin 11.3%

Revenue ¥1.00B, +33,9% YoY; Operating income +40,4% YoY.

• ▍Revenue ¥1.00B, +33,9% YoY
• ▍Operating income +40,4% YoY
• ▍Net income +36,9% YoY
• ▍Net margin 16.1%

Revenue ¥812.7M; Operating income ¥209.0M.

• ▍Revenue ¥812.7M
• ▍Operating income ¥209.0M
• ▍Net margin 16.3%

Revenue ¥903.9M; Operating income ¥211.5M.

• ▍Revenue ¥903.9M
• ▍Operating income ¥211.5M
• ▍Net margin 16.4%

Revenue ¥775.4M; Operating income ¥161.6M.

• ▍Revenue ¥775.4M
• ▍Operating income ¥161.6M
• ▍Net margin 15.9%

Revenue ¥748.1M; Operating income ¥197.2M.

• ▍Revenue ¥748.1M
• ▍Operating income ¥197.2M
• ▍Net margin 15.8%

Revenue ¥3.75B, +27,1% YoY; Operating income +29,4% YoY.

• ▍Revenue ¥3.75B, +27,1% YoY
• ▍Operating income +29,4% YoY
• ▍Net income +20,5% YoY
• ▍Free cash flow +77,1% YoY
• ▍Net margin 14.9%

Revenue ¥2.95B, +10,7% YoY; Operating income +11,8% YoY.

• ▍Revenue ¥2.95B, +10,7% YoY
• ▍Operating income +11,8% YoY
• ▍Net income +5,3% YoY
• ▍Free cash flow +105,9% YoY
• ▍Net margin 15.7%

Revenue ¥2.67B, +8,6% YoY; Operating income −24,6% YoY.

• ▍Revenue ¥2.67B, +8,6% YoY
• ▍Operating income −24,6% YoY
• ▍Net income −18,4% YoY
• ▍Free cash flow −54,7% YoY
• ▍Net margin 16.5%

Revenue ¥2.45B, +21,0% YoY; Operating income +43,5% YoY.

• ▍Revenue ¥2.45B, +21,0% YoY
• ▍Operating income +43,5% YoY
• ▍Net income +28,4% YoY
• ▍Free cash flow −29,4% YoY
• ▍Net margin 22.0%