COMP <GO>
ITOC vs IRIX // EV/EBITDA & P/E VALUATION
iTonic Holdings Ltd (Class A) (NASDAQ) VS. IRIDEX Corporation (NASDAQ) • 15-METRIC TALLY: ITOC 6
— IRIX 4
■ METRIC PARITY
LAST: $2.85 (-4.99%) • MKT CAP: $20.9M
valuation
—
LAST: $0.72 (-2.92%) • MKT CAP: $12.7M
valuation
—
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (ITOC VS. IRIX)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | ITOC | IRIX | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | 62.60% | 36.50% | +26.10 | ITOC | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | -35.00% | -35.00% | 0.00 | TIE | /roic <GO> |
| EV/EBITDA & P/E Valuation ACTIVE | — | — | — | TIE | /valuation <GO> |
| Free Cash Flow Yield | -15.52% | -17.75% | +2.23 | ITOC | /fcf-yield <GO> |
| Operating Margin | -60.00% | -4.90% | -55.10 | IRIX | /operating-margins <GO> |
| Net Profit Margin | -60.00% | -8.40% | -51.60 | IRIX | /net-margins <GO> |
| Revenue Growth (YoY) | 16.70% | 8.20% | +8.50 | ITOC | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.04% | 0.00% | +0.04 | ITOC | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | 10.69 | 0.20 | +10.49 | ITOC | /balance-sheet <GO> |
| Piotroski F-Score Quality | 4/9 | 5/9 | -1.00 | IRIX | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 32.9 | 42.3 | -9.38 | IRIX | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | — | — | — | TIE | /macro-sensitivity <GO> |
| Forward P/E Multiple | — | — | — | TIE | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $20.9M | $12.7M | $8.1M | ITOC | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | ITOC REV | IRIX REV | ITOC GROSS % | IRIX GROSS % | ITOC FCF | IRIX FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $523.0K | $52.7M | 62.6% | 36.5% | -$3.2M | -$2.3M |
| FY 2024 | $448.2K | $48.7M | 85.0% | 40.1% | -$775.9K | -$7.3M |
| FY 2023 | $628.6K | $51.9M | — | — | -$63.6K | -$6.7M |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
ITOC // BETA —
IRIX // BETA —