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 (ICO) net asset quality to measure how much of total assets are equity-financed.

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. Check Iconovo (ICO) cash earnings ratio to evaluate the quality of earnings relative to operating cash generation.

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
ILYA Co. Ltd KQ:058450	-0.047x
Solo Brands, Inc. NYSE:SBDS	-0.347x
Techcential International Ltd TWO:6616	0.038x
SRJ Technologies Group Plc AU:SRJ	-0.052x
SACCHERIA F.LLI FRANCES. F:YV1	N/A
Tarjar Xairo Socimi SA MC:YTAR	-0.062x
Energy Action Ltd AU:EAX	-0.017x
MISSION GROUP PLC LS -10 F:M7K	N/A

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 market cap of Iconovo.

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

$9.98 Million

Skr92.71 Million SEK

Market Cap Rank

#27035 Global

#587 in Sweden

Share Price

Skr0.96

Change (1 day)

-6.41%

52-Week Range

Skr0.94 - Skr2.63

All Time High

Skr95.00