Also trades as: INA.AX (ASX) · $vol 5M

$3.33

+0.12 (+3.81%)

Weekly Expected Move ±21.6%

$2 $3 $3 $4 $5

OTC · Real Estate · REIT - Residential · Tech Score Buy · Power 65 · $1.4B mcap · 386M float · 0.0000% daily turnover · Short 100% of daily vol

Revenue

$560M +5.7% ▲

5Y CAGR: +13.6%

Gross Profit

$335M +1.2% ▲

5Y CAGR: +13.8%

Operating Income

$165M +37.7% ▲

5Y CAGR: +13.0%

Net Income

$186M +44.9% ▲

5Y CAGR: +20.7%

EPS (Diluted)

$0.46 +48.4% ▲

5Y CAGR: +15.9%

EBITDA

$244M +44.5% ▲

5Y CAGR: +20.3%

View Full Income Statement

Line Item	FY2022	FY2023	FY2024	FY2025	FY2026
Revenue	$338M	$390M	$466M	$529M	$560M
YoY Growth	+14.4%	+15.2%	+19.7%	+13.5%	+5.7%
Cost of Revenue	$126M	$142M	$179M	$198M	$224M
Gross Profit	$213M	$254M	$287M	$331M	$335M
Gross Margin	62.9%	65.2%	61.6%	62.5%	59.9%
R&D Expenses	$0	$0	$0	$0	$0
SG&A Expenses	$111M	$143M	$161M	$162M	$180M
Operating Expenses	$135M	$149M	$183M	$211M	$170M
Operating Income	$93M	$92M	$104M	$120M	$165M
Operating Margin	27.4%	23.6%	22.2%	22.6%	29.4%
Interest Expense	$12M	$17M	$23M	$33M	$38M
Income Before Tax	$129M	$85M	$50M	$145M	$201M
Tax Expense	$33M	$21M	$36M	$17M	$15M
Net Income	$101M	$64M	$14M	$128M	$186M
Net Margin	29.7%	16.5%	3.0%	24.3%	33.3%
EPS (Diluted)	$0.25	$0.16	$0.03	$0.31	$0.46
EBITDA	$112M	$106M	$77M	$169M	$244M
Shares Outstanding	411M	411M	412M	412M	286M

Line Item	FY2023 Q2	FY2023 Q4	FY2024 Q2	FY2024 Q4	FY2025 Q2	FY2025 Q4	FY2026 Q2	FY2026 Q4
Revenue	$174M	$222M	$207M	$259M	$263M	$266M	$257M	$302M
Cost of Revenue	$60M	$82M	$76M	$103M	$105M	$94M	$100M	$124M
Gross Profit	$114M	$140M	$131M	$156M	$158M	$173M	$157M	$178M
Gross Margin	65.5%	63.1%	63.4%	60.1%	60.2%	64.8%	61.1%	58.9%
R&D Expenses	$0	$0	$0	$0	$0	$0	$0	$0
SG&A Expenses	$72M	$72M	$77M	$83M	$77M	$86M	$0	$0
Operating Expenses	$68M	$82M	$86M	$97M	$94M	$118M	$78M	$92M
Operating Income	$42M	$63M	$45M	$59M	$65M	$55M	$79M	$86M
Operating Margin	24.4%	28.2%	21.7%	22.7%	24.6%	20.6%	30.7%	28.3%
Interest Expense	$12M	$16M	$17M	$5M	$15M	$18M	$18M	$19M
Income Before Tax	$41M	$49M	$62M	-$12M	$102M	$44M	$119M	$82M
Tax Expense	$6M	$15M	$20M	$17M	$14M	$3M	$22M	-$6M
Net Income	$34M	$31M	$43M	-$28M	$88M	$41M	$97M	$89M
Net Margin	19.3%	13.8%	20.5%	-11.0%	33.3%	15.3%	37.8%	29.4%
EPS (Diluted)	$0.08	$0.08	$0.10	$-0.07	$0.21	$0.10	$0.24	$0.22
EBITDA	$43M	$65M	$52M	$71M	$82M	$87M	$140M	$104M
Shares Outstanding	410M	408M	411M	412M	412M	413M	275M	282M

INGEF OTC