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International General Insurance (IGIC) Financials

International General Insurance logo
$24.11 +0.19 (+0.79%)
Closing price 04:00 PM Eastern
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$24.12 +0.01 (+0.04%)
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Annual Income Statements for International General Insurance

Annual Income Statements for International General Insurance

This table shows International General Insurance's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2017 2018 2019 2020 2021 2022 2023 2024
Net Income / (Loss) Attributable to Common Shareholders
7.03 26 24 33 -58 89 118 135
Consolidated Net Income / (Loss)
7.03 26 24 33 -58 89 118 135
Net Income / (Loss) Continuing Operations
7.03 26 24 33 -58 89 118 135
Total Pre-Tax Income
7.02 26 25 29 -58 92 126 132
Total Operating Income
-7.94 20 7.18 25 -58 93 126 132
Total Gross Profit
275 266 206 286 0.00 236 310 323
Total Revenue
330 327 273 362 0.00 394 499 539
Operating Revenue
330 327 273 362 - 394 499 539
Total Cost of Revenue
54 60 66 76 0.00 158 189 216
Operating Cost of Revenue
54 60 66 76 - 158 189 216
Total Operating Expenses
283 246 199 261 58 143 184 191
Selling, General & Admin Expense
31 35 39 47 58 71 85 97
Amortization Expense
- - - - - 70 75 80
Other Operating Expenses / (Income)
- - - - - 2.09 25 15
Total Other Income / (Expense), net
15 5.58 18 9.68 0.00 -0.36 0.37 0.03
Other Income / (Expense), net
2.39 -4.73 4.70 -0.29 - -0.36 0.37 0.03
Income Tax Expense
-0.01 0.06 1.69 2.08 - 2.93 7.85 -2.86
Basic Earnings per Share
$0.05 $0.18 $0.17 - - $1.85 $2.58 $3.01
Weighted Average Basic Shares Outstanding
- - - - - - 46.07M 45.11M
Diluted Earnings per Share
$0.05 $0.18 $0.17 - - $1.84 $2.55 $2.98
Weighted Average Diluted Shares Outstanding
- - - - - - 46.07M 45.11M
Weighted Average Basic & Diluted Shares Outstanding
- - - - - - 46.07M 45.11M
Cash Dividends to Common per Share
- - - - $0.33 $0.22 $0.04 $0.59

Quarterly Income Statements for International General Insurance

No quarterly income statements for International General Insurance are available.


Annual Cash Flow Statements for International General Insurance

This table details how cash moves in and out of International General Insurance's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2017 2018 2019 2020 2021 2022 2023 2024
Net Change in Cash & Equivalents
3.86 -421 -1,044 -57 109 -104 57 -27
Net Cash From Operating Activities
3.81 -379 -939 -57 175 155 197 209
Net Cash From Continuing Operating Activities
3.81 -379 -939 -57 175 155 197 209
Net Income / (Loss) Continuing Operations
0.00 36 37 0.00 47 89 118 135
Consolidated Net Income / (Loss)
- 36 37 - 47 89 118 135
Depreciation Expense
1.49 - - - 2.77 3.08 2.55 3.40
Amortization Expense
- - - - 1.70 2.19 2.08 2.16
Non-Cash Adjustments To Reconcile Net Income
2.32 -341 -1,050 0.24 95 64 75 -2.52
Changes in Operating Assets and Liabilities, net
- -74 73 -57 29 -3.80 -1.67 71
Net Cash From Investing Activities
0.05 -42 -45 0.00 -51 -247 -90 -187
Net Cash From Continuing Investing Activities
0.05 -42 -45 0.00 -51 -247 -90 -187
Purchase of Property, Plant & Equipment
- - - - -2.38 -1.28 -3.25 -6.63
Acquisitions
- -42 -45 - -0.15 0.00 -1.10 0.00
Purchase of Investments
- - - - -166 -191 -330 -401
Sale of Property, Plant & Equipment
0.05 - - 0.00 1.12 0.54 0.09 0.03
Sale and/or Maturity of Investments
- - - - 120 -67 318 116
Other Investing Activities, net
- - - - -4.99 12 -74 104
Net Cash From Financing Activities
0.00 0.00 -59 0.00 -15 -13 -49 -50
Net Cash From Continuing Financing Activities
0.00 0.00 -59 0.00 -15 -13 -49 -50
Repurchase of Common Equity
- - - - 0.00 -2.39 -31 -23
Payment of Dividends
- - - - -15 -10 -1.75 -27
Other Financing Activities, net
- - -59 - 0.00 0.00 -16 0.00
Cash Income Taxes Paid
- - - 1.47 2.33 2.76 6.64 4.62

Quarterly Cash Flow Statements for International General Insurance

No quarterly cash flow statements for International General Insurance are available.


Annual Balance Sheets for International General Insurance

This table presents International General Insurance's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2018 2019 2020 2021 2022 2023 2024
Total Assets
903 1,009 1,279 1,452 1,580 1,838 2,038
Total Current Assets
185 192 133 324 1,099 996 155
Cash & Equivalents
185 192 133 242 122 177 155
Plant, Property, & Equipment, net
0.00 0.00 0.00 15 0.00 0.00 0.00
Total Noncurrent Assets
535 817 1,146 1,113 387 842 1,882
Long-Term Investments
214 267 450 476 46 148 1,137
Noncurrent Note & Lease Receivables
- 113 167 179 - 245 256
Noncurrent Deferred & Refundable Income Taxes
0.64 - 0.00 0.47 5.79 4.16 6.95
Other Noncurrent Operating Assets
317 433 525 453 336 444 482
Total Liabilities & Shareholders' Equity
903 1,009 1,279 1,452 1,580 1,838 2,038
Total Liabilities
602 697 898 1,050 1,169 1,297 1,383
Total Current Liabilities
0.00 0.00 0.00 1,021 1,140 0.00 884
Other Current Liabilities
- - - 1,021 1,140 - 884
Total Noncurrent Liabilities
602 697 898 29 -66 1,297 498
Other Noncurrent Operating Liabilities
602 697 898 29 -66 1,297 498
Commitments & Contingencies
- - - - - 0.00 0.00
Total Equity & Noncontrolling Interests
301 312 381 402 411 540 655
Total Preferred & Common Equity
301 312 381 402 411 540 655
Total Common Equity
301 312 381 402 411 540 655
Common Stock
146 146 0.49 0.49 148 138 145
Retained Earnings
169 182 205 233 307 423 532
Treasury Stock
-15 -20 - 0.00 -0.01 -0.05 -3.68
Accumulated Other Comprehensive Income / (Loss)
- - - - -44 -21 -19

Quarterly Balance Sheets for International General Insurance

No quarterly balance sheets for International General Insurance are available.


Annual Metrics and Ratios for International General Insurance

This table displays calculated financial ratios and metrics derived from International General Insurance's official financial filings.

Metric 2017 2018 2019 2020 2021 2022 2023 2024
Growth Metrics
- - - - - - - -
Revenue Growth
0.00% -0.83% -16.56% 32.71% -100.00% 0.00% 26.75% 8.04%
EBITDA Growth
0.00% 476.43% -22.33% 109.48% -316.02% 281.27% 34.11% 5.49%
EBIT Growth
0.00% 375.66% -22.33% 109.48% -334.00% 258.28% 36.76% 4.95%
NOPAT Growth
0.00% 351.01% -66.46% 249.14% -274.25% 319.79% 31.55% 14.66%
Net Income Growth
0.00% 263.26% -7.74% 39.09% -277.65% 253.25% 32.45% 14.35%
EPS Growth
0.00% 260.00% -5.56% 0.00% 0.00% 0.00% 38.59% 16.86%
Operating Cash Flow Growth
0.00% -10,038.52% -148.08% 93.98% 409.85% -11.65% 26.94% 6.54%
Free Cash Flow Firm Growth
0.00% 0.00% -142.36% 161.39% -6.44% 303.90% -32.90% -14.84%
Invested Capital Growth
0.00% 0.00% 47.74% -37.39% -56.46% -65.35% -15.48% -5.66%
Revenue Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
EBITDA Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
EBIT Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
NOPAT Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Net Income Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
EPS Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Cash Flow Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Free Cash Flow Firm Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Invested Capital Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Profitability Metrics
- - - - - - - -
Gross Margin
83.49% 81.53% 75.65% 79.05% 0.00% 59.97% 62.10% 59.90%
EBITDA Margin
-1.23% 4.68% 4.36% 6.88% 0.00% 24.76% 26.19% 25.58%
Operating Margin
-2.41% 6.13% 2.63% 6.96% 0.00% 23.51% 25.19% 24.54%
EBIT Margin
-1.68% 4.68% 4.36% 6.88% 0.00% 23.42% 25.27% 24.54%
Profit (Net Income) Margin
2.13% 7.82% 8.64% 9.06% 0.00% 22.67% 23.69% 25.08%
Tax Burden Percent
100.21% 99.76% 93.32% 111.76% 100.00% 96.82% 93.77% 102.16%
Interest Burden Percent
-126.48% 167.42% 212.59% 117.85% 100.00% 100.00% 100.00% 100.00%
Effective Tax Rate
-0.21% 0.24% 6.68% 7.08% 0.00% 3.18% 6.23% -2.16%
Return on Invested Capital (ROIC)
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
ROIC Less NNEP Spread (ROIC-NNEP)
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Net Nonoperating Assets (RNNOA)
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Equity (ROE)
0.00% 8.48% 7.68% 9.46% -14.88% 21.96% 24.85% 22.61%
Cash Return on Invested Capital (CROIC)
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Return on Assets (OROA)
0.00% 1.69% 1.24% 2.17% 0.00% 6.08% 7.38% 6.83%
Return on Assets (ROA)
0.00% 2.83% 2.46% 2.86% 0.00% 5.89% 6.92% 6.97%
Return on Common Equity (ROCE)
0.00% 8.48% 7.68% 9.46% -14.88% 21.96% 24.85% 22.61%
Return on Equity Simple (ROE_SIMPLE)
0.00% 8.48% 7.55% 8.60% -14.49% 21.71% 21.87% 20.64%
Net Operating Profit after Tax (NOPAT)
-7.96 20 6.70 23 -41 90 118 135
NOPAT Margin
-2.42% 6.11% 2.46% 6.46% 0.00% 22.76% 23.62% 25.07%
Net Nonoperating Expense Percent (NNEP)
0.00% 1.91% 3.24% 1.80% -2.69% -0.04% 0.03% 0.00%
Return On Investment Capital (ROIC_SIMPLE)
- - - - - 21.80% 21.81% 20.63%
Cost of Revenue to Revenue
16.51% 18.47% 24.35% 20.95% 0.00% 40.03% 37.90% 40.10%
SG&A Expenses to Revenue
9.38% 10.82% 14.40% 12.97% 0.00% 18.09% 16.94% 17.91%
R&D to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue
85.90% 75.40% 73.02% 72.10% 0.00% 36.46% 36.91% 35.36%
Earnings before Interest and Taxes (EBIT)
-5.55 15 12 25 -58 92 126 132
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
-4.06 15 12 25 -54 97 131 138
Valuation Ratios
- - - - - - - -
Price to Book Value (P/BV)
0.00 0.00 0.00 0.96 0.91 0.91 1.12 1.78
Price to Tangible Book Value (P/TBV)
0.00 0.00 0.00 0.97 0.92 0.91 1.12 1.78
Price to Revenue (P/Rev)
0.00 0.00 0.00 1.01 0.00 0.95 1.21 2.16
Price to Earnings (P/E)
0.00 0.00 0.00 11.12 0.00 4.19 5.12 8.61
Dividend Yield
0.00% 0.00% 0.00% 1.20% 4.37% 2.88% 0.32% 2.42%
Earnings Yield
0.00% 0.00% 0.00% 8.99% 0.00% 23.89% 19.54% 11.61%
Enterprise Value to Invested Capital (EV/IC)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Revenue (EV/Rev)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to EBITDA (EV/EBITDA)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to EBIT (EV/EBIT)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to NOPAT (EV/NOPAT)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Free Cash Flow (EV/FCFF)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Leverage & Solvency
- - - - - - - -
Debt to Equity
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to Equity
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Financial Leverage
0.00 -1.93 -1.70 -1.50 -1.66 -2.03 -2.18 -2.04
Leverage Ratio
0.00 3.00 3.12 3.30 3.49 3.73 3.59 3.24
Compound Leverage Factor
0.00 5.02 6.63 3.89 3.49 3.73 3.59 3.24
Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Short-Term Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital
0.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Debt to EBITDA
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Debt to EBITDA
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to EBITDA
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Debt to NOPAT
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Debt to NOPAT
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to NOPAT
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Altman Z-Score
0.00 0.00 0.00 0.94 -0.27 0.87 1.75 0.92
Noncontrolling Interest Sharing Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios
- - - - - - - -
Current Ratio
0.00 0.00 0.00 0.00 0.32 0.96 0.00 0.18
Quick Ratio
0.00 0.00 0.00 0.00 0.24 0.78 0.00 0.18
Cash Flow Metrics
- - - - - - - -
Free Cash Flow to Firm (FCFF)
0.00 301 -128 78 73 296 199 169
Operating Cash Flow to CapEx
0.00% 0.00% 0.00% 0.00% 13,901.03% 21,158.06% 6,223.74% 3,174.27%
Free Cash Flow to Firm to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Efficiency Ratios
- - - - - - - -
Asset Turnover
0.00 0.36 0.29 0.32 0.00 0.26 0.29 0.28
Accounts Receivable Turnover
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Inventory Turnover
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Fixed Asset Turnover
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Accounts Payable Turnover
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Sales Outstanding (DSO)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Inventory Outstanding (DIO)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Payable Outstanding (DPO)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Cash Conversion Cycle (CCC)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Capital & Investment Metrics
- - - - - - - -
Invested Capital
0.00 -281 -147 -202 -316 -523 -604 -638
Invested Capital Turnover
0.00 -2.32 -1.27 -2.07 0.00 -0.94 -0.89 -0.87
Increase / (Decrease) in Invested Capital
0.00 -281 134 -55 -114 -207 -81 -34
Enterprise Value (EV)
0.00 0.00 0.00 -219 -351 -560 -539 -129
Market Capitalization
0.00 0.00 0.00 365 367 373 605 1,164
Book Value per Share
$0.00 $0.00 $0.00 $7.86 $8.27 $8.41 $11.03 $14.52
Tangible Book Value per Share
$0.00 $0.00 $0.00 $7.77 $8.18 $8.41 $11.03 $14.52
Total Capital
0.00 301 312 381 402 411 540 655
Total Debt
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Long-Term Debt
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Debt
0.00 -399 -459 -583 -718 -934 -1,144 -1,293
Capital Expenditures (CapEx)
-0.05 0.00 0.00 0.00 1.26 0.73 3.16 6.60
Debt-free, Cash-free Net Working Capital (DFCFNWC)
0.00 0.00 0.00 0.00 -939 -930 0.00 -884
Debt-free Net Working Capital (DFNWC)
0.00 185 192 133 -697 -42 996 -729
Net Working Capital (NWC)
0.00 185 192 133 -697 -42 996 -729
Net Nonoperating Expense (NNE)
-15 -5.57 -17 -9.38 17 0.35 -0.35 -0.03
Net Nonoperating Obligations (NNO)
0.00 -583 -459 -583 -718 -934 -1,144 -1,293
Total Depreciation and Amortization (D&A)
1.49 0.00 0.00 0.00 4.47 5.27 4.63 5.56
Debt-free, Cash-free Net Working Capital to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% -236.26% 0.00% -164.07%
Debt-free Net Working Capital to Revenue
0.00% 56.53% 70.59% 36.88% 0.00% -10.60% 199.69% -135.26%
Net Working Capital to Revenue
0.00% 56.53% 70.59% 36.88% 0.00% -10.60% 199.69% -135.26%
Earnings Adjustments
- - - - - - - -
Adjusted Basic Earnings per Share
$0.00 $0.00 $0.17 $0.00 $0.00 $0.00 $2.58 $3.01
Adjusted Weighted Average Basic Shares Outstanding
0.00 0.00 0.00 0.00 0.00 0.00 46.07M 45.11M
Adjusted Diluted Earnings per Share
$0.00 $0.00 $0.17 $0.00 $0.00 $0.00 $0.00 $2.98
Adjusted Weighted Average Diluted Shares Outstanding
0.00 0.00 0.00 0.00 0.00 0.00 46.07M 45.11M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.17 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
0.00 0.00 0.00 0.00 0.00 0.00 46.07M 45.11M
Normalized Net Operating Profit after Tax (NOPAT)
-5.56 20 6.70 23 -41 90 118 93
Normalized NOPAT Margin
-1.69% 6.11% 2.46% 6.46% 0.00% 22.76% 23.62% 17.18%
Pre Tax Income Margin
2.13% 7.84% 9.26% 8.10% 0.00% 23.42% 25.27% 24.54%
Debt Service Ratios
- - - - - - - -
EBIT to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
EBIT Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Payout Ratios
- - - - - - - -
Dividend Payout Ratio
0.00% 0.00% 0.00% 0.00% -25.98% 11.38% 1.48% 19.63%
Augmented Payout Ratio
0.00% 0.00% 0.00% 0.00% -25.98% 14.06% 27.78% 36.76%

Quarterly Metrics and Ratios for International General Insurance

No quarterly metrics and ratios for International General Insurance are available.


Frequently Asked Questions About International General Insurance's Financials

When does International General Insurance's financial year end?

According to the most recent income statement we have on file, International General Insurance's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has International General Insurance's net income changed over the last 7 years?

International General Insurance's net income appears to be on an upward trend, with a most recent value of $135.15 million in 2024, rising from $7.03 million in 2017. The previous period was $118.19 million in 2023.

What is International General Insurance's operating income?
International General Insurance's total operating income in 2024 was $132.26 million, based on the following breakdown:
  • Total Gross Profit: $322.87 million
  • Total Operating Expenses: $190.61 million
How has International General Insurance revenue changed over the last 7 years?

Over the last 7 years, International General Insurance's total revenue changed from $329.52 million in 2017 to $538.98 million in 2024, a change of 63.6%.

How much debt does International General Insurance have?

International General Insurance's total liabilities were at $1.38 billion at the end of 2024, a 6.6% increase from 2023, and a 129.7% increase since 2018.

How much cash does International General Insurance have?

In the past 6 years, International General Insurance's cash and equivalents has ranged from $122.14 million in 2022 to $242.15 million in 2021, and is currently $155.25 million as of their latest financial filing in 2024.

How has International General Insurance's book value per share changed over the last 7 years?

Over the last 7 years, International General Insurance's book value per share changed from 0.00 in 2017 to 14.52 in 2024, a change of 1,451.7%.

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This page (NASDAQ:IGIC) was last updated on 4/11/2025 by MarketBeat.com Staff
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