ICMB
Investcorp Credit Management BDC, Inc.
There isn't enough reported data to score ICMB yet.
IREN
IREN Limited
There isn't enough reported data to score IREN yet.
ICMB Fundamentals
| Metric | Status |
|---|---|
| Unavailable | |
| Weak | |
| N/A | |
| N/A |
ICMB's profitability is currently weak. There isn't enough data to rate its revenue. Free cash flow and net leverage aren't meaningful measures for financial services companies like ICMB.
IREN Fundamentals
| Metric | Status |
|---|---|
| Under pressure | |
| Weak | |
| N/A | |
| N/A |
IREN's revenue and profitability are currently under pressure. Free cash flow and net leverage aren't meaningful measures for financial services companies like IREN.
ICMB PE Valuation
ICMB has no meaningful PE right now: it lost money over the past year.
IREN PE Valuation
IREN has no meaningful PE right now: it lost money over the past year.
ICMB Forward outlook
There aren't enough analyst estimates for ICMB to show an outlook.
IREN Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses growing | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect IREN's losses to grow, with revenue growing. However, they disagree widely on these estimates.
ICMB Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$1.65 | -$1.64 |
| Q2 2026 | -$1.41 | -361% |
| Q1 2026 | -$1.36 | -409% |
| Q4 2025 | -$0.61 | -233% |
| Q3 2025 | -$0.01 | -103% |
| Q2 2025 | $0.54 | +$0.82 |
| Q1 2025 | $0.44 | +$0.45 |
| Q4 2024 | $0.46 | +$0.72 |
ICMB lost $1.65 per share over the past year, and its loss has widened in each of the last five quarters.
IREN Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$3.96 | -347% |
| Q2 2026 | -$2.22 | -988% |
| Q1 2026 | $0.51 | +$1.10 |
| Q4 2025 | $1.18 | +$1.62 |
| Q3 2025 | $1.60 | +$1.99 |
| Q2 2025 | $0.25 | +$0.45 |
| Q1 2025 | -$0.59 | -$0.43 |
| Q4 2024 | -$0.44 | -$0.15 |
IREN has the edge over ICMB on earnings, with more consistent year-over-year improvement.
ICMB Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q4 2022 | $6.8M | +9.2% |
| Q3 2022 | $6.3M | -2.8% |
| Q2 2022 | $5.8M | -12% |
| Q1 2022 | $5.9M | -1.6% |
| Q4 2021 | $6.2M | -12% |
| Q3 2021 | $6.5M | -7% |
| Q2 2021 | $6.6M | -13% |
| Q1 2021 | $6M | -32% |
IREN has the stronger quarterly revenue trend. Revenue is down 88% for ICMB versus down 5.1% for IREN.
| Quarter | Margin | YoY |
|---|---|---|
| Q4 2024 | 222% | N/A |
| Q4 2022 | 70% | +4.1 points |
| Q3 2022 | 69% | +1.6 points |
| Q2 2022 | 73% | +8.8 points |
| Q1 2022 | 64% | -0.2 points |
| Q4 2021 | 66% | -2.4 points |
| Q3 2021 | 68% | -0.1 points |
| Q2 2021 | 64% | -2.3 points |
ICMB's operating margin was 222% last quarter, up 159 points from the same quarter a year ago, near the top of its range since 2019.
IREN Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $228M | -5.1% |
| Q2 2026 | $137.2M | -27% |
| Q1 2026 | $144.8M | 0% |
| Q4 2025 | $184.7M | +59% |
| Q3 2025 | $240.3M | +355% |
| Q2 2025 | $187.3M | +230% |
| Q1 2025 | $144.8M | +168% |
| Q4 2024 | $116.1M | +176% |
IREN's revenue has held roughly level: $228M last quarter, down 5.1% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -82% | -50 points |
| Q2 2026 | -452% | -461 points |
| Q1 2026 | -161% | -180 points |
| Q4 2025 | -63% | -79 points |
| Q3 2025 | -32% | +57 points |
| Q2 2025 | 9% | +49 points |
| Q1 2025 | 19% | +8 points |
| Q4 2024 | 15% | +21 points |
IREN's operating margin was −82% last quarter, down 50 points from the same quarter a year ago.
ICMB Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $2.9M | +125% |
| Q2 2026 | $9.3M | +$16M |
| Q1 2026 | $10.8M | +113% |
| Q4 2025 | $12M | +$19.2M |
| Q3 2025 | $1.3M | +167% |
| Q2 2025 | -$6.7M | -161% |
| Q1 2025 | $5.1M | -63% |
| Q4 2024 | -$7.2M | -576% |
ICMB has the edge over IREN on cash generation, producing positive trailing cash flow while its opponent burns cash.
IREN Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$1.6B | -$1.6B |
| Q2 2026 | $482.2M | +2895% |
| Q1 2026 | -$873.8M | -$523.1M |
| Q4 2025 | -$468M | -$334M |
| Q3 2025 | -$38M | +$349.4M |
| Q2 2025 | $16.1M | +$179M |
| Q1 2025 | -$350.7M | -$128.7M |
| Q4 2024 | -$134M | -$105.2M |
IREN's free cash flow was −$2.5B over the past year, against −$507M the year before. Free cash flow isn't a meaningful measure for financial services companies like IREN.
ICMB Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | -- |
| 1 year | 0% | +1.3K shares |
| 3 years | +0.3% | +39.8K shares |
| 5 years | +2.6% | +366K shares |
| Available history | +5.6% | +764K shares |
ICMB has the edge over IREN on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q4 2024 | — |
| Q4 2022 | — |
| Q3 2022 | — |
| Q2 2022 | — |
| Q1 2022 | — |
| Q4 2021 | — |
| Q3 2021 | — |
| Q2 2021 | — |
IREN Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +26% | +82.4M shares |
| 1 year | +10% | +36.9M shares |
| 3 years | +511% | +333M shares |
| 5 years | +624% | +344M shares |
| Available history | +2346% | +382M shares |
IREN has 399M diluted shares, up 10% from a year ago.
| Quarter | Spent |
|---|---|
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
| Q2 2024 | — |
| Q1 2024 | — |
| Q4 2023 | — |
| Q3 2023 | — |
ICMB Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q4 2022 | 7.5x | High |
| Q3 2022 | 9.1x | High |
| Q2 2022 | 8.7x | High |
| Q1 2022 | 10.1x | High |
| Q4 2021 | 9.6x | High |
| Q3 2021 | 8.9x | High |
| Q2 2021 | 9.0x | High |
| Q1 2021 | 7.4x | High |
ICMB's net debt is about 7.5 years of its operating earnings (EBITDA), down from 9.6 years a year ago. Net leverage isn't a meaningful measure for financial services companies like ICMB.
IREN Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q1 2026 | 157.6x | High |
| Q4 2025 | 22.2x | High |
| Q3 2025 | 4.1x | High |
| Q2 2025 | 2.0x | Moderate |
| Q1 2025 | 3.3x | Elevated |
| Q4 2024 | -4.6x | Net Cash |
| Q3 2024 | -16.7x | Net Cash |
| Q2 2024 | -15.9x | Net Cash |
IREN's net debt is more than 20 years of its operating earnings (EBITDA), up from 3.3 years a year ago. Net leverage isn't a meaningful measure for financial services companies like IREN.
ICMB Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 50.1 | Neutral |
| Stochastic | 41.8 | Neutral |
ICMB's weekly RSI is 50 (neutral) and its Stochastic is 42 (neutral).
IREN Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 33.3 | Neutral |
| Stochastic | 8.2 | Oversold |
IREN's weekly RSI is 33 (neutral) and its Stochastic is 8 (oversold).
ICMB PE vs Financial Services Sector
| Metric | ICMB | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 13x | — |
ICMB has no meaningful PE right now: it lost money over the past year.
IREN PE vs Financial Services Sector
| Metric | IREN | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 13x | — |
IREN has no meaningful PE right now: it lost money over the past year.
ICMB Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $0.76 | 39% above |
| 20 week MA | $0.82 | 29% above |
| 50 week MA | $1.63 | 35% below |
| 100 week MA | $2.28 | 54% below |
| 200 week MA | $2.89 | 63% below |
ICMB has the edge over IREN on trend strength, trading above more of its moving averages.
IREN Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $29.8 | 35% below |
| 20 week MA | $36.2 | 46% below |
| 50 week MA | $42.8 | 54% below |
| 100 week MA | $32.0 | 39% below |
| 200 week MA | $19.1 | 2.1% above |
IREN has fallen below most of its moving averages, though it's still 2.1% above its 200-week average.
ICMB Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $6.75 | $4.48 | -34% |
| 2021 | $4.48 | $4.86 | +8.5% |
| 2022 | $4.86 | $3.65 | -25% |
| 2023 | $3.65 | $3.56 | -2.5% |
| 2024 | $3.56 | $3.05 | -14% |
| 2025 | $3.05 | $2.70 | -11% |
| 2026 YTD | $2.70 | $1.06 | -61% |
ICMB has finished four years in a row lower, and it's down 61% so far in 2026.
IREN Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $24.8 | $17.2 | -31% |
| 2022 | $17.2 | $1.19 | -93% |
| 2023 | $1.19 | $7.15 | +501% |
| 2024 | $7.15 | $10.7 | +50% |
| 2025 | $10.7 | $40.3 | +276% |
| 2026 YTD | $40.3 | $19.5 | -52% |
IREN has the edge over ICMB on returns for 2026, with the stronger performance.