Saturday 17 October 2026 Export LICN’s income statement to Excel — free account

Lichen International Limited

LICN Industrials Specialty Business Services

0.84 0.05 −5.62%

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Market cap: $14.5M
P/E: —
Fwd P/E: —
Dividend yield: —
F-score: 2/9
Altman Z: 2.19
Beneish M: −2.98
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	—	—	—	—	—	—	—	—	—	—	—

Insider Ownership —

Capital & Financial Ratios $m

Market Cap 14.53

Revenue —

Net Income (36.32)

Free Cash Flow (25.66)

Net Debt (19.60)

Current Ratio 5.81

Debt/Equity 0.00

P/E ratio —

Fwd P/E —

P/S ratio —

P/B ratio 0.00

Past 5Y EPS Growth —

This Y EPS Growth —

Next Y EPS Growth —

Next Y revenue growth —

Next 5Y EPS Growth —

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	26	27	27	20
Receivables	4	4	2	2
Inventory	0	0	—	—
Other	—	—	—	—
	40	34	36	25

	2023	2024	2025	Q'26
Payables	0	0	—	0
ST’ Debt	—	—	—	—
Other	1	1	0	1
	4	4	5	4

Compound Annual Growth %

	10y	5y	3y
Sales	—	(4.38%)	(10.15%)
Cash Flow	—	0.00%	0.00%
Earnings	—	0.00%	0.00%
Book Value	—	20.61%	19.73%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	—	—	—	—	—
’25	—	—	—	—	25
’24	—	—	—	—	41
’23	—	—	—	—	40
’22	—	—	—	—	34
’21	—	—	—	—	34
’20	—	—	—	—	31

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	—	—	—	—	—
’25	—	—	—	—	(18)
’24	—	—	—	—	(6)
’23	—	—	—	—	1
’22	—	—	—	—	11
’21	—	—	—	—	7
’20	—	—	—	—	8

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	—	—	—	—	—
’25	—	(2)	—	(18)	(18)
’24	—	4	—	(6)	(6)
’23	—	(1)	—	(3)	(5)
’22	—	—	—	9	8
’21	—	—	—	8	8
’20	—	—	—	—	8

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	—	—	—	—	—
’25	—	—	—	—	(4.11)
’24	—	—	—	—	(34.79)
’23	—	—	—	—	64.00
’22	—	—	—	—	70.00
’21	—	—	—	—	75.22
’20	—	—	—	—	0.22

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	—	—	—	—	—	—	—	0.63	0.15	0.04	Analyst estimates 2026–2028 Powerpack
	High	—	—	—	—	—	—	—	5.82	2.44	8.28
People
People	Employees	—	—	—	—	—	394	399	406	452	410
	Revenue/emp, $m	—	0.00	—	0.00	0.00	0.09	0.08	0.10	0.09	0.06
Income, $m
Income, $m	Revenue	—	26	—	32	31	34	34	40	41	25
	Gross margin, %	—	71.28	—	61.21	61.42	59.70	59.73	61.17	61.90	37.27
	EBT	—	9	—	10	9	12	11	12	(4)	(22)
	EBT margin, %	—	36.60	—	30.80	29.33	33.57	31.78	29.15	(10.06)	(88.86)
	Net income	—	7	—	7	6	8	8	8	(6)	(22)
	Depreciation	—	0	—	2	2	2	3	3	3	4
Per share, $
Per share, $	Revenue	—	0.00	—	1.10	1.07	304.84	300.49	304.90	235.80	4.62
	Earnings	—	650.54	—	0.25	0.22	75.22	70.00	64.00	(34.79)	(4.11)
	Cash flow	—	0.00	—	0.47	0.29	64.92	95.70	4.27	(31.68)	(3.37)
	Capex	—	—	—	0.00	0.00	4.99	(25.26)	(40.39)	(0.20)	0.00
	Free cash flow	—	0.00	—	0.47	0.29	69.91	70.44	(36.12)	(31.88)	(3.37)
	Book value	—	0.00	—	0.83	0.96	327.40	365.41	471.01	429.59	13.31
	Shares, m	—	—	—	29	29	0	0	0	0	5
Valuation, ×
Valuation, ×	P/E	—	—	—	—	—	—	—	—	—	—
	P/S	—	—	—	—	—	—	—	—	—	—
	P/B	—	0.00	—	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	EV/Sales	—	0.00	—	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	EV/FCF	—	0.00	—	0.00	0.00	0.00	0.00	(1.95)	3.53	1.04
Cash, $m
Cash, $m	Operating cash flow	—	6	—	14	8	7	11	1	(6)	(18)
	Capex	—	(4)	—	(11)	(1)	1	(3)	(5)	0	—
	Free cash flow	—	6	—	14	8	8	8	(5)	(6)	(18)
Balance, $m
Balance, $m	Working capital	—	8	—	2	6	18	22	36	30	31
	Total debt	—	—	—	0	0	0	0	—	—	—
	Net debt	—	(5)	—	(5)	(8)	(16)	(23)	(26)	(27)	(27)
	Shareholders’ equity	—	19	—	24	28	37	41	61	76	71
Returns, %
Returns, %	ROA	—	0.00	—	27.92	20.62	22.18	17.48	14.88	(8.45)	(28.26)
	ROIC	—	0.00	—	0.00	0.00	34.73	35.95	21.54	(5.82)	(25.88)
	ROE	—	0.00	—	33.43	24.95	26.25	20.06	16.26	(8.96)	(30.06)

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · fundamentals updated 2 Oct 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
ANPA Rich Sparkle Holdings Limited	$29.1M	—	—	—	—	—	—	—	Compare
SST System1, Inc.	$23.4M	— (loss-making)	23.1×	−61.34% (below 0%: shrinking)	n/m	−127.61% (below 0%: shrinking)	80.38%	(27.45%)	Compare
PMEC Primech Holdings Ltd.	$19.6M	— (loss-making)	—	+43.05% (above 0%: growing)	−200.00% (below 0%: shrinking)	+7.30% (above 0%: growing)	5.80%	0.00%	Compare
PC Premium Catering (Holdings) Limited	$19.5M	—	—	—	—	−1,294.44% (below 0%: shrinking)	—	—	Compare
WHLM Wilhelmina International, Inc.	$17.2M	4.8×	5.2×	−0.83% (below 0%: shrinking)	−60.00% (below 0%: shrinking)	−80.08% (below 0%: shrinking)	100.00%	2.22%	Compare
LICN Lichen International Limited	$14.5M	—	—	—	—	−574.31% (below 0%: shrinking)	—	—
SFHG Samfine Creation Holdings Group Limited	$8.5M	—	—	—	—	—	—	—	Compare
SGRP SPAR Group, Inc.	$8.2M	— (loss-making)	9.7×	−4.46% (below 0%: shrinking)	n/m	+35.87% (above 0%: growing)	22.78%	3.28%	Compare
THH TryHard Holdings Limited	$7.3M	—	—	—	—	—	—	—	Compare
Median of peers	$18.4M	—	9.7×	−2.64%	—	−80.08%	51.58%	1.11%

All 44 Specialty Business Services stocks →

Lichen International Limited (LICN) key facts

Concern: Lichen International Limited reported a net loss of $21.8 million, or a loss of $4.11 per share, for fiscal 2025.
Lichen International Limited (LICN) is a Specialty Business Services company in the Industrials sector, listed on Nasdaq.
As of October 16, 2026, LICN traded at $0.84, a market capitalization of $14.5 million.
Return on equity was −30.1% and debt-to-equity 0.00.
Its Piotroski F-score is 2 out of 9 and its Altman Z-score is 2.19 (grey zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations · fundamentals updated Oct 2, 2026.