International Card Establishment(OTC) ICRD

International Card Establishment, Inc. specializes in providing payment processing solutions and customer loyalty programs for merchants across the United States. The company offers a range of services, including custom-designed gift cards and point-of-sale terminals, ensuring comprehensive support for retail operations.

Products and Services

• Payment processing solutions for physical retail stores
• Custom-designed gift cards and customer loyalty programs
• Point-of-sale terminals and equipment leasing plans

Growth Outlook

• Recent quarterly revenue increased to $701,544, showing positive momentum
• Gross profit margin improved to 58.86% in the latest quarter
• Strong cash flow from operations of $267,683 indicates operational efficiency

Financial Highlights

• Trailing twelve months revenue of $2.03 million reflects steady performance
• Net income for the latest quarter was $99,648, a significant turnaround
• Current ratio of 0.18 suggests potential liquidity challenges

International Card Establishment, Inc. operates in the software application industry, focusing on enhancing merchant capabilities through innovative payment solutions. The company has demonstrated resilience with a notable increase in revenue and gross profit margin in the most recent quarter. The operational cash flow indicates a strong ability to generate cash, which is crucial for sustaining growth and addressing any liquidity concerns. Despite challenges reflected in the current ratio, the overall financial performance suggests a company poised for potential growth in the evolving payment processing landscape.