Stock Ratings / Consumer Discretionary / ICON / financials

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Icon Energy Corp. (ICON) Revenue-to-Profit Sankey Flow & SEC XBRL Financials

$0.99 +3.70% NASDAQ • Live Quote vs Prior Daily Close (Synced Snapshot) EXT / AFTER-HRS: $0.99

Icon Energy Corp. (ICON) carries a Roarable Rating of D+ (Sell) with 53/100 RQD Confidence due to weak cash-flow efficiency and sensitivity to current interest rates. Wait for business cash flow and institutional buying to improve before committing fresh capital.

📊 Historical Track Record: Scores of 53/100 (D+) historically posted market-perform odds over rolling 90-day windows (-0.9% avg 90D alpha vs SPY) →

ROARABLE D+ • SELL / AVOID Cap $3.7M

📤 Share Live RQD Speedometer Card: 𝕏 Post Reddit StockTwits ⬇ Live SVG Card

INTERACTIVE SCENARIO DECK:

🛡️ Portfolio Crash X-Ray

EXT / AFTER-HRS: $0.99 (+0.48%)🧬 Disciplined Float (+0.16% YoY Shares)⚙️ Cash Engine: 9/20 (D) • 0% FCF Margin

Verify 90D Bucket Audit →

📊 Historical Track Record: Scores of 53/100 (D+) historically posted market-perform odds over rolling 90-day windows (-0.9% avg 90D alpha vs SPY • 50.6% hit rate — wait for RQD ≥ 70 breakout).

Audit Bucket Track Record →

RQD QUANT TACHOMETERSELL / AVOID • D+

2-of-3 JEV AI Jury Bearish Warning

Cash

SEC

Whale

Impersonal quantitative research (0–100 RQD rubric) — not individualized investment advice. Past performance does not guarantee future results. Full Disclaimer

5-PILLAR SNOWFLAKE RADARRw D · Rk C

Each axis scored 0–20

12M PRICE TARGET CONE-2% Base Target

WHALE OPTIONS SNAPSHOT: — (No Active Options Snapshot on file for ICON)Realized 20D OHLCV Swing Band: ±12.5%

Deterministic 5-Pillar Attribution (53/100 Composite)

🔍 WHY ICON SCORES 53/100 (D+) — TOP 3 DRIVERS2 Bullish Pillars + #1 Risk Drag

▲ #1 Bullish Driver: Macro Regime Fit+15/20 pts (28% of score)

FRED Regime × Technicals: 4% of 52W Range • RSI-14 at 60 (BULLISH MOMENTUM)

▲ #2 Bullish Driver: Whale & Options Positioning+12/20 pts (23% of score)

20D Institutional Volume Accumulation (±12.5% realized swing band)

▼ #1 Drag / Risk Factor: Insider Conviction & Share Dilution7/20 pts (-13 pt drag)

Disciplined Float (+0.16% YoY Shares) & executive Form 4 sales trim 13 pts from alignment

📈 PAST 4 QUARTERS RQD vs SUBSEQUENT RETURNQ1 → Q2 → Q3 → Current

Q1 (-3Q)

Grade D$0.87+18.4% Next Q

Q2 (-2Q)

Grade D$1.03-12.6% Next Q

Q3 (-1Q)

Grade C-$0.90+10% Next Q

Current

Grade D+$0.99-0.9% Hist 90D α

Trajectory: D (45) → D+ (53)Full Audit →

⚔️ ADVERSARIAL OPPOSING CASE & FORENSIC KILL-SWITCH (WHY THE BULL/BEAR THESIS COULD FAIL)CONTRARIAN TURNAROUND & SHORT-SQUEEZE DOSSIER

⚔️ Adversarial Opposing Case: What Could Spark a ICON Turnaround Squeeze

Gideon Ashmere Forensic Desk →

While ICON currently carries a cautious 53/100 (D+) rating due to Insider Conviction & Share Dilution (7/20), shorts face asymmetric squeeze risk if free cash flow inflects or management executes accretive buybacks.

🚀 Contrarian Squeeze Trigger #1

Established market leader in Consumer Discretionary with deep daily trading liquidity.

🚀 Contrarian Squeeze Trigger #2

Options & Short-Covering Gamma: Reclaiming the 50-day SMA ($0.95) and Max Pain ($1.04) forces dealer call-delta covering toward $8.40.

🚀 Contrarian Squeeze Trigger #3

Forensic Repair Trigger: Halting share dilution (Disciplined Float (+0.16% YoY Shares)) or retiring high-cost debt immediately upgrades the SEC 10-K Forensic pillar.

🎲 LIVE PREDICTION MARKET ODDS TIED TO $ICON• $2.4M Crowd Pool • Kalshi / Polymarket Composite

Contract: “ICON Beats Next Quarter EPS Consensus (Dec 30, 2026) & Holds Above 200D SMA”

YES 53%NO 47%Trade / Inspect Odds →

VISUAL REVENUE-TO-PROFIT SANKEY WATERFALL • FY 2025 (10-K)

How ICON Turns Every Dollar of Sales Into Real Bottom-Line Profit

Free Cash Flow:$0 (0% FCF Margin)

Multi-Year SEC EDGAR XBRL Revenue, Net Profit & Free Cash Flow Trajectory

■ Revenue■ Net Profit■ Free Cash Flow

FY23

Rev $4.00B

FY24

Rev $4.00B

FY25

Rev $4.00B

Fiscal Year	Revenue	Gross Margin	Op Margin	Net Profit	Free Cash Flow	ROIC %
FY 2025	$4.00B	52%	0%	-$4.2M	-$5.3M	0.8%
FY 2024	$4.00B	52%	0%	-$210.0K	-$17.2M	1.2%
FY 2023	$4.00B	52%	0%	$1.2M	$2.5M	0.8%

ON-DEMAND RQD QUANT WORKSHOP • SPONSORED / PARTNER SPOTLIGHTHosted by Perry Belcher & Roarable Forensic Quant Desk

Red-Light Warning Desk: Spotting SEC Cash-Flow & Dilution Risks Before Downgrades (Featuring ICON)

✓Walkthrough of ICON's RQD Radar, SEC cash-conversion gap & downside invalidation levels
✓3 asymmetric Bear/Hedge frameworks when 10-year Treasury yields stay elevated
✓Includes nightly RQD rating-change & forensic signal email alerts on your tracked stocks

RQD INSIDER CLUB WAITLIST$49/YR PLANNED

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ICON // CANDLESTICK & AUTO-TRENDLINE WORKSTATION6M: -6.60%⚡ TESTING RESISTANCE

2026-10-30O $0.97H $1.04L $0.97C $0.99VOL 28.4K

RES: $1.02SUP: $0.72SMA50: $0.95SMA200: $1.15

PRIMARY-SOURCE FORENSICS, SECOND-ORDER LINKS & AI ANALYST DESK

ICON Dilution Monitor, Expectations Hurdle, Butterfly Connections & Policy Exposure

🦋 ICON Butterfly Map → + Track ICON →

Share Count & Dilution Monitor (#25)

Multi-year comparable XBRL diluted share count not disclosed (ETF or recent listing).

Reverse-DCF Expectations Hurdle (#30)

8.0%/yr Implied 5Y Growth

vs. +6.0% actual YoY revenue growth (assuming 9.25% cost of equity & 16.5x terminal multiple).

Ellis Vennor Setup Ledger (#33)

No active Ellis Vennor swing setup published on ICON today. View full Setup Ledger →

🦋 Documented & Second-Order Butterfly Connections Open Graph →

No direct multi-tier Butterfly edges indexed yet for ICON. Explore sector supply chains on /butterfly.

AI Analyst Theses, Washington Policy & Company Video

🎬 No recent verified company-specific video clip queued for ICON today (we never pad ticker pages with unrelated generic clips). Browse Macro Video Desk →

DETERMINISTIC MULTI-FACTOR EQUITY AUDIT • SEC EDGAR XBRL × RQD PEER BENCHMARK

📊 Quantitative Sector Peer Comparison, SEC Filing Delta & Investment FAQ (ICON)

Consumer Discretionary Rank #595 of 1011 ⚔️ TOPS vs ICON Full Matrix →

1. Head-to-Head Consumer Discretionary Peer Comparison (ICON vs. TOPS, HTCO, CISS, CTRM)

Industry: Marine Transportation (67 Tracked Issuers)

Across 1011 tracked Consumer Discretionary securities in the Roarable RQD universe, Icon Energy Corp. (ICON) ranks #595 by composite RQD confidence (53/100, grade D+) and #980 by equity capitalization ($3.7M). Within this direct 5-issuer industry benchmark cohort, ICON leads on earnings valuation at N/A trailing P/E, while TOPS leads on capital efficiency and profitability with 7.6% ROIC and — gross margin. HTCO currently holds the highest overall quantitative score in the immediate peer group at 58/100 (D+) compared with ICON at 53/100 (D+).

Ticker / Company	Roarable Grade	RQD Score	Trailing P/E	Gross Margin	ROIC	1D Change	Market Cap	Head-to-Head
ICON ACTIVE Icon Energy Corp.	D+	53/100	—	—	0.8%	+3.70%	$3.7M	Benchmark Subject
TOPS TOP Ships Inc.	D	47/100	—	—	7.6%	+3.05%	$3.7M	/tops-vs-icon →
HTCO High-Trend International Group (Class A)	D+	58/100	—	3.2%	—	+2.90%	$9.6M	/htco-vs-icon →
CISS C3is Inc.	D-	38/100	—	—	1.1%	+10.65%	$802.3K	/ciss-vs-icon →
CTRM Castor Maritime Inc.	D+	53/100	—	—	-3.9%	-1.27%	$15.0M	/ctrm-vs-icon →

2. Multi-Year SEC XBRL Revenue, Cash Flow & Balance-Sheet Trajectory (FY2023–FY2025)

SEC EDGAR 10-K • FILED 2025-12-31 • CIK 0001995574

In its most recent audited fiscal period (FY2025, filed 2025-12-31), Icon Energy Corp. (ICON) reported GAAP revenue of $0 (N/A vs. FY2024 revenue of $0 ) , GAAP net income of -$4.2M, operating cash flow of $799.0K, and free cash flow of -$5.3M (+69.2% YoY). On the balance sheet, ICON closed FY2025 with $58.4M in total assets against $0 in total debt (Altman Z-Score: N/A, Piotroski F-Score: 3/9).

Fiscal Period	Filing Date	Revenue	Net Income	Operating Cash Flow	Free Cash Flow	Total Assets	Total Debt
FY2025 (FY)	2025-12-31	$0	-$4.2M	$799.0K	-$5.3M	$58.4M	—
FY2024 (FY)	2024-12-31	$0	-$210.0K	$864.0K	-$17.2M	$28.8M	—
FY2023 (FY)	2023-12-31	$0	$1.2M	$2.5M	$2.5M	—	—

3. ICON Data-Verified Investor FAQ (RQD Rating, Sector Peers, SEC Forensics & Technicals)

✓ SCHEMA.ORG FAQPAGE JSON-LD ENABLED

Is ICON stock a Buy, Hold, or Sell right now according to Roarable's RQD model?

As of 2026-11-01, Icon Energy Corp. (NASDAQ: ICON) is rated D+ (Sell / SELL) by Roarable's 5-pillar RQD engine with a composite confidence score of 53/100 at a spot price of $0.99 (+3.70% 1D, market cap $3.7M). Pillar breakdown: Fundamental Cash Engine 9/20, Institutional 13F & Options Flow 12/20, Executive Insider Alignment 10/20, FRED Macro Regime Fit 15/20, and SEC Balance-Sheet Forensics 7/20. Across 1011 tracked Consumer Discretionary issuers, ICON ranks #595 in composite RQD confidence.

How does ICON compare to TOPS and HTCO in the Consumer Discretionary sector?

Within the Consumer Discretionary sector (Marine Transportation), ICON carries a Roarable D+ (53/100 RQD), trailing P/E of N/A, gross margin of —, and ROIC of 0.8%. By comparison, TOPS (TOP Ships Inc.) holds a D grade (47/100 RQD, P/E N/A, ROIC 7.6%, cap $3.7M) and HTCO (High-Trend International Group (Class A)) posts a D+ grade (58/100 RQD, P/E N/A, ROIC —, cap $9.6M). Among the 5-stock peer group, ICON leads on earnings multiple (N/A) while TOPS leads on capital efficiency (7.6% ROIC).

What are the biggest fundamental strengths and SEC risk factors for ICON?

Per ICON's SEC EDGAR XBRL 10-K filing (FY2025, filed 2025-12-31, CIK 0001995574), Icon Energy Corp. generated $0 in revenue, -$4.2M in net income, and -$5.3M in free cash flow against $58.4M in total assets and $0 in total debt. Key quantitative strengths: Established market leader in Consumer Discretionary with deep daily trading liquidity.. Primary risk factors monitored: Company executives have done more routine share selling than personal cash buying lately.. Institutional options positioning shows a 50% call / 50% put premium split.

Where is ICON trading relative to its 50-day, 200-day, and 52-week technical levels?

ICON last traded at $0.99 (+3.70% on volume of 21,256 shares), positioning the stock +4.21% above its 50-day simple moving average ($0.95) and -13.91% below its 200-day simple moving average ($1.15). Across its 52-week range of $0.73 to $8.00, ICON sits at the 3.6% percentile with a 14-day RSI of 60.0 (BULLISH MOMENTUM) and an implied next-earnings move of ±12.5% ($1.00 to $1.11).