Iconovo (ICO) - Cash Flow Conversion Efficiency

Latest as of March 2026: -0.035x

Based on the latest financial reports, Iconovo (ICO) has a cash flow conversion efficiency ratio of -0.035x as of March 2026. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (Skr-5.48 Million ≈ $-589.95K USD) by net assets (Skr157.77 Million ≈ $16.98 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See Iconovo liquidity coverage in days to measure how many days the company can operate on defensive assets alone.

Iconovo - Cash Flow Conversion Efficiency Trend (2016–2025)

This chart illustrates how Iconovo's cash flow conversion efficiency has evolved over time, based on yearly financial data.

Iconovo Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Iconovo ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Boa Concept SA PA:ALBOA	0.010x
Astute Metals NL AU:ASE	-0.011x
Phio Pharmaceuticals Corp NASDAQ:PHIO	-0.243x
Lunai Bioworks Inc. NASDAQ:LNAI	0.079x
SSH Group Ltd AU:SSH	0.196x
HF Company SA PA:ALHF	0.038x
Kalo Gold Corp NASDAQ:KLGDD	-2.311x
Hindcon Chemicals Limited NSE:HINDCON	0.047x

Annual Cash Flow Conversion Efficiency for Iconovo (2016–2025)

The table below shows the annual cash flow conversion efficiency of Iconovo from 2016 to 2025. For the full company profile with market capitalisation and key ratios, see ICO stock market capitalisation.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	Skr117.92 Million ≈ $12.69 Million	Skr-31.87 Million ≈ $-3.43 Million	-0.270x	-42.31%
2024-12-31	Skr129.21 Million ≈ $13.91 Million	Skr-24.54 Million ≈ $-2.64 Million	-0.190x	+44.15%
2023-12-31	Skr113.53 Million ≈ $12.22 Million	Skr-38.60 Million ≈ $-4.15 Million	-0.340x	+30.53%
2022-12-31	Skr89.29 Million ≈ $9.61 Million	Skr-43.70 Million ≈ $-4.70 Million	-0.489x	-509.02%
2021-12-31	Skr137.03 Million ≈ $14.75 Million	Skr-11.01 Million ≈ $-1.19 Million	-0.080x	+53.31%
2020-12-31	Skr92.73 Million ≈ $9.98 Million	Skr-15.96 Million ≈ $-1.72 Million	-0.172x	-54.97%
2019-12-31	Skr108.79 Million ≈ $11.71 Million	Skr-12.08 Million ≈ $-1.30 Million	-0.111x	-599.12%
2018-12-31	Skr63.99 Million ≈ $6.89 Million	Skr-1.02 Million ≈ $-109.38K	-0.016x	+86.88%
2017-12-31	Skr31.52 Million ≈ $3.39 Million	Skr-3.82 Million ≈ $-410.77K	-0.121x	-117.56%
2016-12-31	Skr8.73 Million ≈ $939.49K	Skr6.02 Million ≈ $647.74K	0.689x	--

About Iconovo

ST:ICO Sweden Medical Devices

Market Cap

$11.95 Million

Skr111.08 Million SEK

Market Cap Rank

#26601 Global

#576 in Sweden

Share Price

Skr1.16

Change (1 day)

-0.43%

52-Week Range

Skr1.04 - Skr2.63

All Time High

Skr95.00