ICZOOM Group Inc.
IZM Technology Electronics & Computer Distribution
ICZOOM Group Inc.’s revenue for fiscal 2025 (year ended June 2025) was $187.0 million, up 5.12% from fiscal 2024. Operating cash flow growth for three consecutive years.
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ICZOOM Group Inc. (IZM) Altman Z-score
ICZOOM Group Inc.'s Altman Z-score for fiscal 2025 is 4.97, in the safe zone (above 2.99).
Altman Z-score, annual
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Annual newest first
| Period | Altman Z-score | Change (points) |
|---|---|---|
| FY2025 | 4.97 | 0.37 |
| FY2024 | 4.61 | 1.96 |
| FY2023 | 2.65 | — |
How fiscal 2025’s score is made up
| Component | This year | Year before | Result | Points |
|---|---|---|---|---|
| Working capital / total assets | 0.36 | — | 0.43 | |
| Retained earnings / total assets | (0.16) | — | −0.22 | |
| EBIT / total assets | 0.02 | — | 0.08 | |
| Market value of equity / total liabilities | 0.24 | — | 0.15 | |
| Sales / total assets | 4.54 | — | 4.54 | |
| Altman Z-score | Safe zone | 4.97 | ||
| Z″ Variant for non-manufacturing and asset-light companies (drops the sales/assets term, uses book equity) | Safe zone | 2.64 | ||
How the Altman Z-score works
Z = 1.2 × working capital ÷ total assets + 1.4 × retained earnings ÷ total assets + 3.3 × EBIT ÷ total assets + 0.6 × market value of equity ÷ total liabilities + 1.0 × revenue ÷ total assets (Altman, 1968). The market value of equity is the close on the last trading day of the fiscal year times weighted basic shares.
Z″ = 6.56 × working capital ÷ total assets + 3.26 × retained earnings ÷ total assets + 6.72 × EBIT ÷ total assets + 1.05 × book equity ÷ total liabilities (Altman, Hartzell and Peck, 1995), the variant for non-manufacturing and asset-light companies.
| Zone | Z | Z″ |
|---|---|---|
| Safe zone | above 2.99 | above 2.60 |
| Grey zone | 1.81–2.99 | 1.10–2.60 |
| Distress zone | below 1.81 | below 1.10 |
Not worked out for banks, insurers and REITs, whose balance sheets the model does not describe, nor when a figure is missing or there is no share price in the week to the fiscal year end.
Altman Z-score against peers
| Company | Altman Z-score |
|---|---|
| CNXN PC Connection, Inc. compare | 6.0× |
| AEYGQ ADDvantage Technologies Group, Inc. compare | 5.4× |
| IZM ICZOOM Group Inc. | 5.0× |
| TAIT Taitron Components Incorporated compare | 3.8× |
| SCSC ScanSource, Inc. compare | 3.6× |
| AVT Avnet, Inc. compare | 3.1× |
| CLMB Climb Global Solutions, Inc. compare | 2.8× |
| ARW Arrow Electronics, Inc. compare | 1.9× |
| NSIT Insight Enterprises, Inc. compare | 1.6× |
What Altman Z-score is
The Altman Z-Score weighs working capital, retained earnings, operating profit, market value and sales against assets and debts to gauge the risk of distress.
1.2 × working capital ÷ total assets + 1.4 × retained earnings ÷ total assets + 3.3 × EBIT ÷ total assets + 0.6 × market value of equity ÷ total liabilities + 1.0 × revenue ÷ total assets