International Card Establishment Inc. (ICRD) news stock charts
International Card Establishment Inc. (ICRD/ICRD.OB) Investment Summary:
International Card Establishment, Inc. engages in the provision of credit and debit card-based payment processing services, as well as gift and loyalty products to small merchants and independent sales organizations in the United States. The company’s payment processing services enable the merchants to process traditional card-present or swipe transactions, and card-not-present transactions. It primarily establishes merchant accounts for businesses that enable those businesses to accept credit cards, debit cards, and other forms of electronic payments from their customers; supplies the necessary card readers and other point-of-sale transaction systems; facilitates processing for the accounts...INTERNATIONAL CARD ESTABLISH (ICRD:OTC Bulletin Board Market)
Snapshot of INTERNATIONAL CARD ESTABLISH (ICRD)
|
OPEN
$0.02
|
PREVIOUS CLOSE
$0.02
|
|
|
DAY HIGH
$0.02
|
DAY LOW
$0.02
|
|
|
52 WEEK HIGH
04/2/09 - $0.14
|
52 WEEK LOW
02/19/10 - $0.01
|
|
|
MARKET CAP
645.7K
|
AVERAGE VOLUME 10 D
97.7K
|
|
|
EPS TTM
$-0.01
|
SHARES OUTSTANDING
35.9M
|
|
|
ICRD Does Not Pay Dividends
|
P/E TTM
--
|
|
| K = Thousands M = Millions B = Billions | ||
Key developments for INTERNATIONAL CARD ESTABLISH (ICRD)
International Card Establishment Inc. announced earnings results for the third quarter and nine months ended September 30, 2009. For the quarter ended September 30, 2009, the company generated net revenue of $1,394,161, as compared to net revenues of $1,855,281 for the quarter ended September 30, 2008. Net loss was $22,576 or $0.00 per share versus a net loss of $17,437 or $0.00 per share for the quarter ended September 30, 2008. EBITDA was positive at $55,108 for the third quarter. For the nine months ended September 30, 2009, the company reported net revenues of $4,320,450 versus $5,742,195 in net revenues for the comparable period a year ago. The company reported a net loss of $286,255 or $0.01 per share versus net income of $32,279 or $0.00 per share for the nine month period ended September 30, 2008. The economic environment took its toll on top line in the third quarter and throughout 2009, as a sharp slowdown in consumer spending, especially associated with credit cards, tighter credit policies and outright store closings put a damper on revenues. EBITDA was negative at $29,693.
International Card Establishment Inc. reported earnings results for the second quarter and six months ended June 30, 2009. For the quarter ended June 30, 2009, the company generated net revenues of $1,408,574 as compared to net revenues of $1,946,234 for the quarter ended June 30, 2008. For the quarter ended June 30, 2009 and June 30, 2008, the company reported a net loss of $196,146 or $0.01 loss per share and net income of $55,262 or $0.00 per share, respectively. For the six month period ended June 30, 2009, the company reported revenues of $2,926,288 and net loss of $263,680 or $0.01 loss per share, as compared to revenues of $3,886,913 and a net income of $49,717 or $0.00 loss per share for the comparable year ago period.
International Card Establishment Inc. reported earnings results for the first quarter ended March 31, 2009. For the quarter, the company reported net revenue of $1,517,714 and a net loss of $67,536 or $0.00 per share versus net revenue of $1,940,679 and a net loss of $5,545 or $0.00 per share for the comparable year ago period. Net revenues decreased by $422,965 due mainly to the poor economy, as well as continued attrition of merchant accounts and tighter credit policies.
International Card Establishment Inc. financial resources
ICRD Competitors
| Company | Last | Change |
| Global Payments Inc | $46.02 USD | -0.42 |
| Market data is delayed at least 15 minutes. | ||
Industry Analysis
| Valuation | ICRD | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 0.1x |
|
| Price/Book | 0.9x |
|
| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | NM | Not Meaningful |
|
ICRD |
||
ICRD transactions
| Type Date |
Target | |
| No transactions in the last 6 months. | ||
More Recent Financial News About International Card Establishment Inc.
INTERNATIONAL CARD ESTABLISHMENT INC Files SEC form 10-Q, Quarterly Report
Read article
INTERNATIONAL CARD ESTABLISHMENT INC Files SEC form 10-Q, Quarterly Report
Read article
INTERNATIONAL CARD ESTABLISHMENT INC Files SEC form 8-K, Non-Reliance on Previous Financials, Audits or Interim Revie
Read article
INTERNATIONAL CARD ESTABLISHMENT INC Files SEC form 10-Q, Quarterly Report
Read article