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iCandy Interactive Ltd (AU:ICI)
ASX:ICI
Australian Market

iCandy Interactive Ltd (ICI) AI Stock Analysis

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AU:ICI

iCandy Interactive Ltd

(Sydney:ICI)

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Rating:55Neutral
Price Target:
AU$0.02
▼(-20.00% Downside)
Action:N/ADate:07/19/25
iCandy Interactive Ltd receives an overall stock score of 55, driven primarily by mixed financial performance with a stable balance sheet and improved cash flow, but significant concerns in profitability and revenue growth. Valuation appears unfavorable with a high P/E ratio of 53.33, and technical indicators show no clear momentum. Financial stability is the key strength, while profitability and valuation remain notable risks.
Positive Factors
Board Enhancement
The proposed board appointment of Mr. Dominic Virgara, with his expertise in corporate finance and governance, is expected to strengthen strategic oversight and align with shareholder interests, promoting sustainable long-term value for iCandy Interactive.
Negative Factors
Revenue Decline
A 7% year-over-year revenue decline raises concerns about iCandy Interactive's ability to grow its top line, which could impact its market position and long-term growth potential if not addressed.
Read all positive and negative factors
Positive Factors
Negative Factors
Board Enhancement
The proposed board appointment of Mr. Dominic Virgara, with his expertise in corporate finance and governance, is expected to strengthen strategic oversight and align with shareholder interests, promoting sustainable long-term value for iCandy Interactive.
Read all positive factors

iCandy Interactive Ltd (ICI) vs. iShares MSCI Australia ETF (EWA)

iCandy Interactive Ltd Business Overview & Revenue Model

Company Description
iCandy Interactive Ltd (ICI) is a leading mobile game developer based in Australia, specializing in the creation and publishing of engaging and innovative interactive entertainment experiences. The company operates primarily in the gaming sector, ...
How the Company Makes Money
iCandy Interactive Ltd generates revenue through multiple streams, primarily from in-app purchases, advertising, and game sales. The company monetizes its mobile games by offering free-to-play models where users can download games at no cost, with...

iCandy Interactive Ltd Financial Statement Overview

Summary
iCandy Interactive Ltd shows a mixed financial picture. The balance sheet is strong with a low Debt-to-Equity Ratio of 0.07 and a high Equity Ratio of 88.9%, reflecting stability. Cash flow improved significantly with positive Free Cash Flow of $2.6M in 2024, though consistency is a concern. However, the income statement reveals challenges with a low Net Profit Margin of 1.5% and a revenue decline of 2.8%. A score of 62 reflects stable fundamentals offset by profitability issues.
Income Statement
45
Neutral
Balance Sheet
75
Positive
Cash Flow
65
Positive
BreakdownDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue25.37M26.11M29.15M1.94M3.59M
Gross Profit15.75M12.33M4.26M-2.06M438.84K
EBITDA3.98M-7.85M3.50M-2.93M755.44K
Net Income381.56K-13.18M-1.50M-4.12M-435.78K
Balance Sheet
Total Assets75.16M74.10M93.25M36.05M17.75M
Cash, Cash Equivalents and Short-Term Investments4.27M7.17M19.02M18.77M11.83M
Total Debt4.57M7.14M6.13M133.65K201.97K
Total Liabilities8.20M9.40M10.31M2.34M2.30M
Stockholders Equity66.81M64.56M81.92M33.62M15.32M
Cash Flow
Free Cash Flow2.56M-13.44M-3.92M-2.24M-1.15M
Operating Cash Flow4.29M-7.55M-60.94K-1.96M530.74K
Investing Cash Flow-3.56M-5.18M-14.12M-4.39M-1.88M
Financing Cash Flow-2.61M760.49K14.03M12.84M12.73M

iCandy Interactive Ltd Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.02
Price Trends
50DMA
0.02
Negative
100DMA
0.02
Negative
200DMA
0.02
Negative
Market Momentum
MACD
>-0.01
Neutral
RSI
100.00
Negative
STOCH
500.00
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:ICI, the sentiment is Negative. The current price of 0.02 is below the 20-day moving average (MA) of 0.02, below the 50-day MA of 0.02, and below the 200-day MA of 0.02, indicating a bearish trend. The MACD of >-0.01 indicates Neutral momentum. The RSI at 100.00 is Negative, neither overbought nor oversold. The STOCH value of 500.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:ICI.

iCandy Interactive Ltd Peers Comparison

Overall Rating
UnderperformOutperform
Sector (60)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
64
Neutral
AU$14.88M5.09-1.65%12.07%98.72%
60
Neutral
$48.67B4.58-11.27%4.14%2.83%-41.78%
55
Neutral
AU$20.49M53.330.58%-2.82%
48
Neutral
AU$11.88M6.35-7.56%201.07%-69.23%
47
Neutral
AU$118.00M3.482.43%-24.66%-206.50%
46
Neutral
AU$83.91M-7.19264.77%340.15%-168.75%
44
Neutral
AU$144.30M-9.96-69.45%-15.18%89.75%
* Communication Services Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:ICI
iCandy Interactive Ltd
0.02
0.00
0.00%
AU:SHO
SportsHero Limited
0.09
0.07
261.54%
AU:SP8
Emerge Gaming Limited
0.01
0.00
0.00%
AU:PLY
Playside Studios Ltd
0.26
0.08
40.54%
AU:FTI
Mighty Kingdom Ltd
0.45
0.39
650.00%
AU:MXO
Motio Limited
0.05
0.02
62.07%

iCandy Interactive Ltd Corporate Events

iCandy Interactive Receives Shareholder Proposal for Board Appointment
Nov 17, 2025
iCandy Interactive Limited has received a notice from shareholders holding approximately 5.5% of the company’s issued capital, proposing the appointment of Mr. Dominic Virgara as a director at the upcoming Annual General Meeting. The shareho...
iCandy Interactive Ltd: Strategic Shifts and Market Expansion Amidst Industry Challenges
Nov 10, 2025
iCandy Interactive Ltd reports steady progress in its operations despite challenges in the global video game market. Lemon Sky Studios has secured several mid-size projects in South Korea and Japan, while also strengthening its presence in North A...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Jul 19, 2025