Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of IGG.
Income Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.74B | $5.27B | $4.59B | $6.05B | $5.46B | $5.20B | $5.86B | $4.74B | $2.50B | $1.57B |
| Cost of Revenue | $1.13B | $1.35B | $1.44B | $1.85B | $1.65B | $1.60B | $1.76B | $1.51B | $800.13M | $480.71M |
| Gross Profit | $4.61B | $3.92B | $3.15B | $4.20B | $3.82B | $3.61B | $4.10B | $3.24B | $1.70B | $1.09B |
| Gross Profit Ratio | 80.37% | 74.42% | 68.63% | 69.38% | 69.83% | 69.32% | 69.92% | 68.27% | 67.96% | 69.39% |
| Research and Development Expenses | $787.41M | $934.85M | $1.31B | $1.25B | $689.96M | $720.83M | $498.02M | $364.84M | $278.86M | $208.89M |
| General and Administrative Expenses | $348.74M | $317.18M | $363.30M | $447.83M | $358.85M | $354.27M | $349.70M | $261.29M | $182.87M | $169.26M |
| Selling and Marketing Expenses | $2.81B | $2.67B | $1.70B | $1.95B | $1.44B | $1.28B | $1.46B | $1.24B | $621.15M | $322.81M |
| Selling General and Administrative Expenses | $3.16B | $2.98B | $2.07B | $2.40B | $1.80B | $1.64B | $1.81B | $1.50B | $804.02M | $492.23M |
| Other Expenses | $-6.39M | $-90.37M | $-2.40M | $-13.98M | $-5.68M | $- | $610.94K | $1.68M | $1.11M | $- |
| Operating Expenses | $3.94B | $3.83B | $3.69B | $3.80B | $1.54B | $2.15B | $2.27B | $1.85B | $1.10B | $701.11M |
| Cost and Expenses | $5.07B | $5.17B | $5.13B | $5.65B | $3.19B | $3.75B | $4.03B | $3.35B | $1.90B | $1.18B |
| Interest Income | $63.33M | $34.63M | $52.98M | $49.90M | $27.07M | $27.31M | $20.74M | $7.48M | $4.71M | $8.04M |
| Interest Expense | $3.63M | $3.84M | $4.29M | $5.98M | $3.46M | $3.78M | $- | $- | $- | $- |
| Depreciation and Amortization | $100.98M | $127.09M | $127.42M | $115.50M | $69.55M | $56.96M | $29.10M | $21.15M | $22.06M | $14.87M |
| EBITDA | $784.17M | $227.97M | $-356.31M | $610.75M | $2.40B | $1.29B | $1.83B | $1.39B | $614.55M | $363.23M |
| EBITDA Ratio | 13.67% | 4.33% | -7.76% | 10.09% | 43.84% | 24.81% | 31.27% | 29.22% | 24.61% | 23.13% |
| Operating Income | $670.07M | $91.49M | $-209.60M | $559.53M | $1.35B | $1.26B | $1.81B | $1.37B | $594.63M | $388.43M |
| Operating Income Ratio | 11.68% | 1.74% | -4.57% | 9.25% | 24.71% | 24.29% | 30.80% | 28.80% | 23.81% | 24.74% |
| Total Other Income Expenses Net | $9.49M | $5.54M | $-1.47M | $-66.01M | $-21.39M | $215.78M | $-9.93M | $28.23M | $4.78M | $-40.07M |
| Income Before Tax | $679.56M | $97.03M | $-485.20M | $446.22M | $2.30B | $1.48B | $1.85B | $1.40B | $599.36M | $348.36M |
| Income Before Tax Ratio | 11.85% | 1.84% | -10.57% | 7.37% | 42.18% | 28.45% | 31.57% | 29.48% | 24.00% | 22.19% |
| Income Tax Expense | $96.98M | $23.98M | $18.39M | $76.61M | $207.75M | $196.13M | $368.58M | $186.85M | $43.97M | $28.58M |
| Net Income | $580.68M | $73.05M | $-503.59M | $370.44M | $2.10B | $1.28B | $1.48B | $1.22B | $563.13M | $321.67M |
| Net Income Ratio | 10.12% | 1.39% | -10.97% | 6.12% | 38.38% | 24.67% | 25.27% | 25.69% | 22.55% | 20.49% |
| EPS | $0.51 | $0.06 | $-0.43 | $0.32 | $1.73 | $1.03 | $1.15 | $0.92 | $0.42 | $0.23 |
| EPS Diluted | $0.50 | $0.06 | $-0.43 | $0.31 | $1.70 | $1.01 | $1.12 | $0.89 | $0.40 | $0.22 |
| Weighted Average Shares Outstanding | 1.15B | 1.18B | 1.16B | 1.17B | 1.22B | 1.25B | 1.29B | 1.33B | 1.35B | 1.38B |
| Weighted Average Shares Outstanding Diluted | 1.16B | 1.18B | 1.16B | 1.18B | 1.23B | 1.27B | 1.32B | 1.37B | 1.39B | 1.43B |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Balance Sheet
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $2.25B | $1.47B | $1.58B | $1.95B | $2.17B | $2.39B | $2.25B | $1.73B | $1.43B | $1.44B |
| Short Term Investments | $20.78M | $19.02M | $6.15M | $6.69M | $2.05M | $1.87M | $7.16M | $3.63M | $2.07M | $- |
| Cash and Short Term Investments | $2.27B | $1.49B | $1.59B | $1.96B | $2.17B | $2.39B | $2.26B | $1.74B | $1.43B | $1.44B |
| Net Receivables | $- | $65.52M | $404.20M | $480.69M | $464.48M | $305.41M | $14.08M | $6.95M | $280.01M | $118.90M |
| Inventory | $409.00K | $433.00K | $578.00K | $2.33M | $1.83M | $2.48M | $2.19M | $984.42K | $1 | $1 |
| Other Current Assets | $605.52M | $491.28M | $439.97M | $534.21M | $526.72M | $353.00M | $377.64M | $564.46M | $302.07M | $13.25M |
| Total Current Assets | $2.87B | $2.05B | $2.05B | $2.50B | $2.71B | $2.76B | $2.65B | $2.31B | $1.74B | $1.57B |
| Property Plant Equipment Net | $775.92M | $661.90M | $585.84M | $427.81M | $334.31M | $337.07M | $69.07M | $55.67M | $59.96M | $41.69M |
| Goodwill | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Intangible Assets | $207.22M | $216.94M | $230.38M | $261.79M | $15.88M | $5.16M | $3.61M | $11.08M | $3.05M | $7.00M |
| Goodwill and Intangible Assets | $207.22M | $216.94M | $230.38M | $261.79M | $15.88M | $5.16M | $3.61M | $11.08M | $3.05M | $7.00M |
| Long Term Investments | $467.43M | $656.17M | $655.35M | $1.02B | $1.66B | $590.83M | $391.72M | $95.45M | $68.08M | $63.67M |
| Tax Assets | $17.55M | $- | $38.87M | $30.35M | $2.01M | $973.98K | $70.46K | $- | $108.54K | $46.50K |
| Other Non-Current Assets | $78.16M | $116.27M | $-38.87M | $-30.35M | $-2.01M | $-973.98K | $-70.46K | $-162.19M | $-108.54K | $19.62M |
| Total Non-Current Assets | $1.55B | $1.65B | $1.47B | $1.71B | $2.01B | $933.06M | $464.40M | $162.19M | $131.08M | $132.02M |
| Other Assets | $- | $- | $117.81M | $245.58M | $155.38M | $20.85M | $17.09M | $16.30M | $17.37M | $- |
| Total Assets | $4.42B | $3.70B | $3.64B | $4.45B | $4.88B | $3.71B | $3.13B | $2.49B | $1.89B | $1.71B |
| Account Payables | $516.85M | $350.61M | $320.90M | $305.55M | $147.52M | $258.57M | $167.91M | $132.54M | $108.13M | $35.55M |
| Short Term Debt | $51.99M | $35.26M | $-274.87M | $-362.86M | $-557.17M | $29.32M | $- | $- | $- | $- |
| Tax Payables | $238.50M | $159.04M | $130.40M | $216.32M | $329.00M | $246.34M | $350.01M | $176.29M | $42.70M | $28.76M |
| Deferred Revenue | $- | $207.15M | $187.89M | $232.66M | $266.50M | $196.45M | $247.13M | $250.65M | $147.94M | $131.61M |
| Other Current Liabilities | $452.22M | $179.09M | $217.31M | $219.43M | $185.71M | $196.66M | $403.80M | $396.20M | $215.93M | $155.93M |
| Total Current Liabilities | $1.26B | $931.14M | $899.92M | $1.06B | $967.07M | $730.88M | $921.48M | $705.03M | $366.75M | $220.24M |
| Long Term Debt | $31.92M | $27.96M | $19.58M | $72.78M | $50.65M | $59.34M | $- | $- | $- | $- |
| Deferred Revenue Non-Current | $- | $- | $-4.77M | $-7.86M | $-5.22M | $- | $- | $- | $- | $- |
| Deferred Tax Liabilities Non-Current | $2.76M | $3.58M | $4.77M | $7.86M | $5.22M | $3.99M | $2.83M | $3.20M | $3.72M | $3.52M |
| Other Non-Current Liabilities | $- | $- | $- | $- | $- | $4.02M | $-70.04K | $-1.81K | $614 | $- |
| Total Non-Current Liabilities | $34.68M | $31.53M | $24.35M | $80.64M | $55.86M | $63.36M | $2.83M | $3.20M | $3.72M | $3.52M |
| Other Liabilities | $- | $- | $- | $- | $- | $4.80K | $-70.04K | $-1.81K | $614 | $- |
| Total Liabilities | $1.29B | $962.67M | $924.27M | $1.14B | $1.02B | $794.25M | $924.25M | $708.23M | $370.48M | $223.76M |
| Preferred Stock | $- | $- | $- | $- | $- | $- | $- | $- | $51.22M | $26.38M |
| Common Stock | $23.00K | $23.00K | $23.00K | $23.00K | $23.00K | $23.38K | $23.49K | $23.44K | $23.26K | $23.25K |
| Retained Earnings | $3.35B | $2.92B | $2.88B | $3.39B | $3.93B | $2.82B | $1.92B | $891.92M | $326.25M | $54.68M |
| Accumulated Other Comprehensive Income Loss | $- | $- | $55.50M | $228.29M | $115.65M | $48.58M | $53.98M | $69.07M | $-51.22M | $-26.38M |
| Other Total Stockholders Equity | $-228.88M | $-186.77M | $-226.18M | $-302.56M | $-50.95M | $185.46M | $2.32B | $1.87B | $1.25B | $1.50B |
| Total Stockholders Equity | $3.12B | $2.73B | $2.71B | $3.31B | $3.86B | $2.92B | $2.21B | $1.79B | $1.52B | $1.48B |
| Total Equity | $3.12B | $2.73B | $2.71B | $3.31B | $3.86B | $2.92B | $2.20B | $1.78B | $1.52B | $1.48B |
| Total Liabilities and Stockholders Equity | $4.42B | $3.70B | $3.64B | $4.45B | $4.88B | $3.71B | $3.13B | $2.49B | $1.89B | $1.71B |
| Minority Interest | $3.34M | $- | $- | $- | $-233.00K | $- | $-9.56M | $-10.59M | $-2.18M | $5.66M |
| Total Liabilities and Total Equity | $4.42B | $3.70B | $3.64B | $4.45B | $4.88B | $3.71B | $3.13B | $2.49B | $1.89B | $1.71B |
| Total Investments | $488.21M | $656.17M | $661.50M | $1.03B | $1.67B | $592.70M | $398.87M | $99.08M | $70.15M | $63.67M |
| Total Debt | $83.91M | $63.22M | $63.00M | $158.91M | $88.98M | $88.70M | $- | $- | $- | $- |
| Net Debt | $-2.16B | $-1.41B | $-1.52B | $-1.79B | $-2.08B | $-2.30B | $-2.25B | $-1.73B | $-1.43B | $-1.44B |
Cash Flow Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $679.56M | $97.03M | $-503.59M | $370.44M | $2.10B | $1.28B | $1.48B | $1.22B | $563.10M | $321.67M |
| Depreciation and Amortization | $100.98M | $127.09M | $128.54M | $113.40M | $64.95M | $53.35M | $27.29M | $20.10M | $19.93M | $14.87M |
| Deferred Income Tax | $- | $- | $-53.14M | $-86.74M | $-15.44M | $-10.88M | $-69.18M | $15.34M | $11.99M | $-30.98M |
| Stock Based Compensation | $26.34M | $41.93M | $97.56M | $82.43M | $24.65M | $30.47M | $38.43M | $31.93M | $18.03M | $20.89M |
| Change in Working Capital | $207.50M | $-85.71M | $-44.43M | $4.31M | $-9.21M | $-19.59M | $30.77M | $-47.28M | $-30.02M | $36.54M |
| Accounts Receivables | $-22.14M | $-121.62M | $-46.17M | $4.80M | $-9.85M | $-19.29M | $31.97M | $-46.29M | $-30.02M | $36.54M |
| Inventory | $24.00K | $145.00K | $1.75M | $-492.00K | $639.00K | $-296.11K | $-1.21M | $-984.42K | $-103.48M | $- |
| Accounts Payables | $- | $13.85M | $-23.91M | $194.81M | $73.56M | $-69.31M | $43.45M | $107.91M | $72.64M | $-23.15M |
| Other Working Capital | $229.62M | $21.92M | $23.91M | $-194.81M | $-73.56M | $69.31M | $-43.45M | $-107.91M | $-72.64M | $23.15M |
| Other Non Cash Items | $106.48M | $-51.77M | $276.81M | $176.42M | $-869.90M | $-348.31M | $364.61M | $121.89M | $6.09M | $62.08M |
| Net Cash Provided by Operating Activities | $1.12B | $128.58M | $-98.24M | $660.26M | $1.29B | $989.18M | $1.87B | $1.35B | $577.13M | $418.81M |
| Investments in Property Plant and Equipment | $-133.88M | $-133.93M | $-134.41M | $-270.74M | $-32.44M | $-40.08M | $-39.83M | $-18.52M | $-38.73M | $-34.49M |
| Acquisitions Net | $- | $- | $860.00K | $25.00K | $159.00K | $-176.45M | $109.72K | $-10.05M | $-186.30K | $54.27K |
| Purchases of Investments | $-58.07M | $- | $-35.12M | $-433.97M | $-449.63M | $-17.24M | $-293.13M | $-38.74M | $-39.34M | $-175.43M |
| Sales Maturities of Investments | $45.38M | $57.25M | $34.26M | $1.00B | $334.07M | $193.69M | $11.37M | $19.21M | $23.50M | $500.53M |
| Other Investing Activities | $23.64M | $-19.55M | $-17.62M | $-84.55M | $-110.01M | $-187.17M | $251.02K | $-76.08K | $86.36K | $59.32M |
| Net Cash Used for Investing Activities | $-122.92M | $-96.23M | $-152.03M | $212.40M | $-257.86M | $-227.25M | $-321.23M | $-48.17M | $-54.68M | $349.98M |
| Debt Repayment | $- | $-63.47M | $-67.30M | $- | $- | $- | $- | $- | $- | $- |
| Common Stock Issued | $-5.17M | $- | $2.64M | $5.24M | $4.25M | $2.10M | $- | $- | $- | $9.19M |
| Common Stock Repurchased | $-46.62M | $-76.85M | $-4.90M | $-250.07M | $-413.07M | $-214.68M | $-628.14M | $-359.15M | $-242.70M | $-28.43M |
| Dividends Paid | $-97.41M | $- | $- | $-798.46M | $-823.00M | $-371.30M | $-408.23M | $-655.82M | $-292.25M | $-291.96M |
| Other Financing Activities | $-56.13M | $-3.84M | $-4.29M | $-68.60M | $-32.95M | $-30.32M | $523.75K | $32.16K | $-19.22K | $1.85M |
| Net Cash Used Provided by Financing Activities | $-205.33M | $-143.67M | $-73.85M | $-1.11B | $-1.26B | $-608.55M | $-1.03B | $-1.00B | $-530.52M | $-309.36M |
| Effect of Forex Changes on Cash | $-16.70M | $-757.00K | $-44.02M | $16.54M | $11.73M | $-1.12M | $-7.67M | $3.00M | $-3.12M | $-6.56M |
| Net Change in Cash | $775.91M | $-112.08M | $-368.14M | $-222.69M | $-220.28M | $141.28M | $518.04M | $306.32M | $-10.38M | $456.37M |
| Cash at End of Period | $2.25B | $1.47B | $1.58B | $1.95B | $2.17B | $2.39B | $2.25B | $1.73B | $1.43B | $1.44B |
| Cash at Beginning of Period | $1.47B | $1.58B | $1.95B | $2.17B | $2.39B | $2.25B | $1.73B | $1.43B | $1.44B | $985.47M |
| Operating Cash Flow | $1.12B | $128.58M | $-98.24M | $660.26M | $1.29B | $989.18M | $1.87B | $1.35B | $577.13M | $418.81M |
| Capital Expenditure | $-133.88M | $-133.93M | $-134.41M | $-270.74M | $-32.44M | $-40.08M | $-39.83M | $-18.52M | $-38.73M | $-34.49M |
| Free Cash Flow | $986.98M | $-5.35M | $-232.65M | $389.52M | $1.26B | $949.11M | $1.83B | $1.33B | $538.40M | $384.32M |