Pictureworks International Holdings Limited (PICW)

Pictureworks International Holdings will go public soon, but the exact IPO date is still unknown.

IPO Price Range

$4.00 - $5.00

Shares Offered

2,300,000

Deal Size

$10.35M

PICW Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Year Ending	TTM	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Revenue	2.85	2.72	1.25
Revenue Growth (YoY)	-	118.01%	-
Cost of Revenue	-	1.75	1.31
Gross Profit	0.8	0.98	0.06
Selling, General & Admin	-	2.3	1.76
Other Operating Expenses	0	-0.05	-0.12
Operating Expenses	-	2.25	1.64
Operating Income	-1.36	-1.27	-1.7
Interest Expense / Income	0.04	0.03	0.02
Other Expense / Income	0.08	-0.23	-0.21
Pretax Income	-1.48	-1.07	-1.51
Income Tax	0.02	0.02	0.04
Net Income	-1.5	-1.08	-1.55
Free Cash Flow	-1.43	-0.77	-0.12
Gross Margin	27.88%	35.85%	4.97%
Operating Margin	-47.51%	-46.55%	-136.05%
Profit Margin	-52.58%	-39.79%	-123.82%
Free Cash Flow Margin	-50.14%	-28.36%	-9.38%
EBITDA	-1.11	-0.71	-1.29
EBITDA Margin	-38.80%	-26.08%	-103.11%
Depreciation & Amortization	0.33	0.33	0.2
EBIT	-1.44	-1.04	-1.49
EBIT Margin	-50.37%	-38.03%	-119.06%

Source: IPO financials are sourced from S-1 and S-1/A filings submitted to the Securities and Exchange Commission (SEC).