BackIconic Sports Acquisition Overview

Iconic Sports Acquisition EBIT

Latest ebit for ICNC: $-2.3M, above the sector sector average of $-6.4M.

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Quarterly EBIT

-$683.75K
5.19% YoY

As of Jun 30, 2023

Annual EBIT (TTM)

-$2.28M
23.42% YoY

Trailing 12 months ending Jun 30, 2023

Average EBIT (Comparison Companies)

EBIT History

EBIT Comparison

Annual EBIT Growth Rate (%)

Annual EBIT Growth (Absolute)

Iconic Sports Acquisition (ICNC) FAQ

Iconic Sports Acquisition (ICNC) currently reports a EBIT of $-2.3M as of June 2023. That compares with $-3M in the prior-year period — up 23.4% year over year. That is above the sector sector average of $-6.4M. Use the charts on this page to explore Iconic Sports Acquisition's EBIT history and peer comparisons.

Iconic Sports Acquisition's EBIT increased from $-3M to $-2.3M — a 23.4% year-over-year increase (period ending June 2023). Watching multi-year history on the chart below helps separate one-off swings from a lasting trend.

Iconic Sports Acquisition's EBIT of $-2.3M is higher than the its sector sector average of $-6.4M. That is roughly 64.4% above the sector mean. A reading higher peers can reflect different growth expectations, capital structure, or profitability — so it is worth checking the peer comparison chart before drawing conclusions.

Iconic Sports Acquisition reported $-2.3M in EBIT as of June 2023. That compares with $-3M in the prior-year period — up 23.4% year over year. Absolute dollar amounts are most useful when compared with prior periods, peers, and related line items such as revenue, assets, or liabilities on Stockcircle.

Start with the current EBIT of $-2.3M, then check the historical chart for trend and the peer comparison chart for relative positioning. The sector average is $-6.4M. From there, open related valuation or income-statement pages for Iconic Sports Acquisition, and consider following ICNC for alerts when major investors trade the stock.