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Integrated Cyber Solutions, Inc.
(ICS)
Integrated Cyber Solutions, Inc. (ICS) vs. iShares MSCI Canada ETF (EWC)
Integrated Cyber Solutions, Inc. Business Overview & Revenue Model
Integrated Cyber Solutions, Inc. Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 189.43K | 174.20K | 131.55K | 316.75K | 400.46K | 926.79K |
| Gross Profit | 3.37K | -10.59K | -22.13K | 28.57K | 113.84K | 476.81K |
| EBITDA | -2.11M | -1.27M | -924.62K | -211.89K | -59.11K | 130.81K |
| Net Income | -2.17M | -1.31M | -998.28K | -214.35K | -62.81K | 126.69K |
Balance Sheet | ||||||
| Total Assets | 121.32K | 211.07K | 57.14K | 223.24K | 127.41K | 297.16K |
| Cash, Cash Equivalents and Short-Term Investments | 50.79K | 20.89K | 6.95K | 36.39K | 26.86K | 26.06K |
| Total Debt | 579.01K | 407.11K | 269.05K | 202.02K | 76.63K | 12.02K |
| Total Liabilities | 2.18M | 1.06M | 722.79K | 361.18K | 116.98K | 55.95K |
| Stockholders Equity | -2.06M | -1.72M | -665.66K | -566.44K | 10.39K | 0.00 |
Cash Flow | ||||||
| Free Cash Flow | -444.14K | -366.33K | -834.87K | -132.61K | -20.68K | -13.61K |
| Operating Cash Flow | -442.79K | -364.98K | -834.87K | -56.99K | -20.68K | -13.61K |
| Investing Cash Flow | 0.00 | -1.35K | 0.00 | 4.20K | 0.00 | 0.00 |
| Financing Cash Flow | 470.06K | 380.27K | 830.84K | 86.16K | 1.84K | -184.00K |
Integrated Cyber Solutions, Inc. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
65 Neutral | $2.86B | 197.15 | 2.88% | ― | -9.05% | ― | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
56 Neutral | C$209.44M | -27.71 | -2.18% | ― | -4.34% | 31.52% | |
47 Neutral | C$10.53M | -11.19 | -24.65% | ― | -69.94% | -281.40% | |
46 Neutral | C$104.71M | ― | ― | ― | ― | ― | |
45 Neutral | C$14.17M | -1.43 | ― | ― | 17.18% | 79.56% | |
41 Neutral | C$5.84M | -0.44 | ― | ― | -13.42% | -126.00% |
Integrated Cyber Solutions, Inc. Corporate Events
Integrated Cyber Solutions Inc., dba Integrated Quantum Technologies Inc., has appointed veteran finance executive Mickey Goldstein as its new Chief Financial Officer, effective December 3, 2025, replacing Robert Consaga, who will remain on the board as a director. Goldstein brings nearly two decades of experience in corporate governance, financial reporting, and regulatory compliance for Canadian public companies, a move that signals the company’s intent to bolster its financial oversight and public market readiness as it advances its AI and quantum-focused strategy and continues its corporate rebranding efforts.
The most recent analyst rating on (TSE:ICS) stock is a Hold with a C$2.00 price target. To see the full list of analyst forecasts on Integrated Cyber Solutions, Inc. stock, see the TSE:ICS Stock Forecast page.
Integrated Quantum Technologies has filed a provisional U.S. patent application for its proprietary AI and machine learning infrastructure, which will serve as the backbone of AIQu, the company’s core post-quantum AI platform. The patent covers a novel privacy-preserving framework intended to protect sensitive data throughout the AI lifecycle, enabling enterprises to train and operate AI models without exposing raw information or sacrificing performance and efficiency. As the first commercial product on this platform, AIQu VEIL is designed to eliminate the need to store or process sensitive data in its original form, reducing regulatory, security, and operational risks across the enterprise AI pipeline. The move marks a significant step in solidifying the company’s position in the emerging post-quantum AI infrastructure market, targeting growing enterprise demand for secure, scalable AI foundations that can withstand quantum-era threats and manage escalating compute and governance challenges.
The most recent analyst rating on (TSE:ICS) stock is a Hold with a C$2.00 price target. To see the full list of analyst forecasts on Integrated Cyber Solutions, Inc. stock, see the TSE:ICS Stock Forecast page.
Integrated Quantum Technologies has launched an updated corporate website and new investor presentation that align with its sharpened focus on next-generation, post-quantum AI infrastructure for enterprise customers. The new materials spotlight its AIQu platform and VEIL product as infrastructure-layer solutions designed to enable privacy-preserving, quantum-resilient AI pipelines, positioning the company to address growing enterprise concerns over data protection, governance, and long-term security in an AI- and quantum-impacted world while deepening engagement with institutional and strategic investors.
The most recent analyst rating on (TSE:ICS) stock is a Hold with a C$2.00 price target. To see the full list of analyst forecasts on Integrated Cyber Solutions, Inc. stock, see the TSE:ICS Stock Forecast page.
Integrated Quantum Technologies has appointed Jeremy Samuelson, a veteran AI and data science leader with nearly two decades of experience in regulated industries and former Principal Data and AI Scientist at Equifax, as Executive Vice President of Artificial Intelligence and Innovation. Samuelson will lead the company’s AI strategy and innovation roadmap, focusing on accelerating the development and commercialization of its AIQu platform and VEIL privacy-preserving technology to help enterprises adopt AI securely and in compliance with regulatory and future quantum-related challenges, a move that is expected to strengthen Integrated Quantum’s position in enterprise-grade, secure AI infrastructure and support scalable growth in highly regulated markets.
The most recent analyst rating on (TSE:ICS) stock is a Hold with a C$2.00 price target. To see the full list of analyst forecasts on Integrated Cyber Solutions, Inc. stock, see the TSE:ICS Stock Forecast page.
Integrated Cyber Solutions Inc. has appointed Mickey Goldstein as its new Chief Financial Officer, succeeding Robert Consaga, who remains a director. This change is part of the company’s rebranding efforts to Integrated Quantum Technologies Inc., reflecting its strategic focus on AI infrastructure and technology updates.
Integrated Cyber Solutions Inc. has appointed Richard Noonan, a seasoned cybersecurity leader, to its Cyber Future Advisory Board as a Technology Advisor. This move highlights the company’s dedication to enhancing its cybersecurity offerings and strategic initiatives, such as the development of SecureGuard360™ and Federated AI Cybersecurity Architecture, aiming to strengthen its market position and deliver long-term value to shareholders. Additionally, the company announced the grant of stock options and restricted share units to Mr. Noonan and other eligible participants, aligning with its equity incentive plan.
Integrated Cyber Solutions Inc. has successfully closed an over-subscribed non-brokered private placement of 12,100,000 common shares, raising C$3,025,000. The funds will be used for general working capital and software development, reinforcing the company’s commitment to executing its vision and driving long-term value. The strong investor response highlights confidence in the company’s strategy and future opportunities, positioning it favorably within the cybersecurity industry.
Integrated Cyber Solutions Inc. has announced an increase in its non-brokered private placement financing, now offering 12,000,000 common shares at C$0.25 per share for gross proceeds of $3,000,000. The proceeds will be used for general working capital and software development, with the offering subject to conditions including regulatory approval. This move aims to bolster the company’s financial position and support its ongoing development of cybersecurity technologies, potentially enhancing its market position and shareholder value.