6 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has declined 51.7% per year over the past 5 years.
Operating margin has contracted, at -2233.5% in the latest year.
Financial health
The company is unprofitable; at its current free-cash-flow burn it has roughly 1.5 years of cash runway.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2025
$809000
-$22M
1129.4%
-2233.5%
-$18M
—
$27M
2024
$0
-$6M
—
—
-$6M
—
$27M
2023
$0
$8M
—
—
-$3M
—
$26M
2022
$34M
$8M
59.7%
31.5%
$9M
—
$23M
2021
$34M
$8M
59.7%
32.9%
$7M
—
$17M
2020
$31M
$6M
61.4%
28.7%
—
—
—
Valuation over time
How the market has priced LICN against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has fallen from 1.4× (Mar '23) to 1.2× (Nov '24).
The price-to-sales ratio has risen from 0.3× (Mar '23) to 10.7× (Jun '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Frequently asked questions
Is LICN growing its revenue and profit?
Over the past 5 years, Lichen International Ltd's revenue has declined 51.7% per year. These are computed facts, not advice.
How much debt does LICN have?
As of FY2025, Lichen International Ltd reported — of total debt against $27M of cash.
What is LICN's profit margin?
In FY2025, gross margin was 1129.4%, operating margin -2233.5%, and net margin -2714.7%.
What is LICN's P/E ratio?
As of Jun '26, Lichen International Ltd traded at a price-to-earnings ratio of about 1.2× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.